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Job ID: 32864
Job Openings by Title Director
Location Ontario, Canada
Description:
Position:		 	Director

Company:			Insurance Organization

Location:			Ontario

Job ID:			32864



Responsibilities:

-Prioritize, plan, direct and evaluate the work of a team of three actuarial students.
-Responsible for valuation of all Life policies on a quarterly basis, including:
-valuation system maintenance and enhancement;
-scenario and sensitivity testing;
-calculation of reserves and capital requirements;
-source of earnings analysis;
-presenting results to Senior Management.
-At year end, provide additional analysis, exhibits, summaries, and documentation required for the report of the Appointed Actuary and OSFI.
-Manage the dividend scale change process.
-Perform Dynamic Capital Adequacy Testing, Assumption Change analysis and OSFI Stress tests.
-Provide recommendations from a valuation perspective to the Individual Insurance department when new products or systems are implemented.
-Contribute to the development of 5 Year Business Plan for Individual Insurance line of business.
-Participate in the IFRS 17 implementation project.

Qualifications:

-Require degree in Mathematics or equivalent and completion of FSA, FCIA requirements.
-Corporate Actuarial or valuation and financial reporting experience.
-3+ years of experience in a management or leadership role.
-Require thorough knowledge of AXIS valuation systems with a competence in Excel and Access.
-Knowledge of Life products would be an asset.
-Ability to develop and mentor actuarial staff.
-Strong communication and interpersonal skills.
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