Senior Actuarial Associate - Individual Reinsurance Solutions

Position Overview

Supports the ongoing pricing management, analysis, and modelling of the Individual Life and Critical Illness new business portfolio. Maintains and enhances pricing management models, monitors new business volumes and profitability, and supports the development and testing of assumptions used for new business pricing. Assist with the development of assumptions and building of actuarial models for Individual Life or Critical Illness business, enabling the delivery of quality quotes on time.

Works with team members or other internal stakeholders and manages assigned deliverables, communicates analyses and delivering results and documentation.

Your Role

Maintain and enhance the pricing management models used to monitor the Individual Life and Critical Illness new business portfolio. Monitor the portfolio to identify changes in the portfolio to explain variances between actual and expected volumes and profitability. Support the development and testing of actuarial assumptions used in pricing Individual Life and Critical Illness business.

Lead or contribute to the technical aspects of internal projects or ad-hoc requests, working with other team members or internal stakeholders. Contribute to the enhancement of pricing processes or methodologies by developing tools for potential improvements of the day-to-day process and pricing methods. Build models in AXIS to appropriately price products and determine profitability metrics.

Assist in the analysis of both internal and external data to support assumption development processes for reinsurance.

Your Profile

University Degree in Actuarial Science, Finance, Statistics, or Mathematics. FSA or progression towards FSA. 2+ years of actuarial experience in the Life and Health insurance/reinsurance industry. Strong analytical, organizational, and problem-solving skills with high degree of attention to detail. Demonstrated ability to learn quickly and work effectively under tight timelines in a dynamic environment.

Excellent communication skills, including the ability to clearly organize and present analyses to technical and non-technical audience. Proficient with GGY AXIS, Datalink, SQL, Excel, Word, PowerPoint.