You perform various actuarial tasks including the improvement of methods used, providing support to regional offices, resolving problems that arise, recommending & developing solutions, and training.
iA Financial Group is the fourth largest life and health insurance company in Canada and offers a wide range of products for all stages of life and to meet the needs of clients across its vast sales network. Founded in 1892, iA Financial Group’s stability and solidity make it an employer of choice that invests in its employees and their development over the long term.
With operations across Canada and in the United States, iA Financial Group and its over 5,000 employees work hard every day to offer the best service to over four million clients.
PURPOSE AND ACCOUNTABILITY
Under the supervision of the Associate Actuarial Advisor, the incumbent performs various actuarial tasks including the improvement of methods used, providing support to regional offices, resolving problems that arise, recommending & developing solutions, and training other employees.
What will I be doing?
This position has 3 areas of responsibility: corporate, pricing and marketing. Corporate tasks will be your primary focus. You’ll be required to produce and analyse actuarial and claims provisions for the division as well as preparing and analysing financial reports (sales, profitability, experience). In addition, you’ll be required to analyse industry and experience studies and perform other actuarial tasks such as capital calculation, budgeting, Dynamic Capital Adequacy Testing, and Appointed Actuary reporting.
The pricing function of this role will see you perform special quotes, review experience analysis, develop or/and modify pricing models, and in a reinsurance context, negotiate, review and recommend changes to treaties, collect data and prepare and analyse reports. Marketing tasks will include performing product & market analysis, providing support to proposals and agreements and providing support to regional offices and marketing teams.
You’ll need to be an excellent communicator as you’ll be liaising with senior stakeholders within the division, our national corporate actuarial team and third party administrators. We’re looking for someone who can identify process improvement opportunities and leverage their programming skills to implement solutions that will impact efficiency. This role will fit someone who is eager to learn and can work independently with minimal supervision.
Education: bachelor’s degree in actuarial science
Associate of the Society of Actuaries (ASA), or close to completion
interest in finishing studies leading to title FCIA
2-3 years of relevant experience (special risk or group insurance)
excellent problem solving and analytical skills
ability to work under pressure
exceptional organizational and time management skills
ability to synthesize information
aptitude in Visual Basic and SQL programming languages
advanced Excel and Access skills
highly developed communication skills; bilingual (English/French) would be an asset