Actuarial Jobs, Actuarial Positions, and Actuarial Employment
Actuarial Jobs, Actuarial Positions, and Actuarial Employment
Job Details
Apply For Job Inquire About Job Add to Job Box Tell A Friend
Job ID: 33734
Job Openings by Title Actuarial Analyst, Economic Capital Model
Location Ontario, Canada
Description:
Position:	Actuarial Analyst, Economic Capital Model

Company:	Insurance Organization

Location:	Ontario

Job ID:		33734

Responsibilities:

- Develop knowledge of actuarial operations and the insurance business, such as reserving, underwriting, claims handling, pricing, product development and financial planning.
- Develop knowledge of the investment portfolios and key sources of market and credit risk.
- Leverage professional experience with spreadsheets, databases, and statistical software to collect, compile, categorize, and report data used in ECM and related analysis.
- Perform analysis on relevant data sources to come up with reasonable modeling assumptions, parameters, and update ECM in a timely fashion.
- Produce data exhibits, analyses and reports relating to measuring, tracking, and monitoring the company’s capital status.
- Research and communicate ECM concepts, and make recommendations to management both verbally and in writing with supporting documentation.
- Develop bespoke risk analyses, scenario tests, and solutions upon request.
- Develop and maintain related ECM documentation.
- Collaborate with other departments and engage key stakeholders to collect information for ECM updates and new initiatives.
- Prepare model inputs, assumptions, and parameter calibration for ECM on a regular basis.
- Validate model results and management reports.
- Research and develop new modeling functionalities and methodologies.
- Produce and communicate ECM reports with relevant stakeholders.
- Take initiative in reporting enhancements and productivity improvements.
- Support other capital management and Enterprise Risk Management projects as needed.

Qualifications:

- Bachelor’s degree in an analytical field of study. Master’s degree considered an asset.
- Working towards attaining a Casualty Actuarial Society designation considered an asset and will be supported, but is not a requirement.
- Consideration will be given to candidates with experience in capital modeling, risk management, financial services, capital markets, Property & Casualty insurance, and related fields.
- Demonstrated knowledge of the following risk concepts: sensitivity analysis, stress and scenario testing, value-at-risk metrics, and risk diversification methodologies.
- Experience and/or demonstrated knowledge of capital models for capital planning and projections including regulatory and economic capital based models.
- Team player and able to work with multiple stakeholders. Also able to take initiative and work independently at times on ad-hoc projects.
- Must have strong communication, organization, problem-solving and financial reporting skills.
- Must be able to explain technical concepts to non-technical personnel.
- Very strong technical computing skills particularly in the use of Microsoft Excel.
- Strong knowledge of other Microsoft applications.
- SQL database/programming skills and knowledge of statistical modeling software considered an asset.


Apply For Job Inquire About Job Add to Job Box Tell A Friend
 

© Copyright 2006 Jobs4Actuary All Rights Reserved
Actuarial Jobs in Canada; Actuarial Jobs in United States; Actuarial Jobs in Bermuda; Actuarial Jobs in Switzerland; Actuarial Jobs in Hong Kong; Actuarial Jobs in Spain; Actuarial Jobs in Germany; Actuarial Jobs in Japan; Actuarial Jobs in France; Actuarial Jobs in England; Actuarial Jobs in Netherlands; Actuarial Jobs in Singapore; Actuarial Jobs in Australia; Actuarial Jobs in New Zealand; Actuarial Jobs in Brazil; Actuarial Jobs in China; Actuarial Jobs in Mexico; Actuarial Jobs in Luxembourg; Actuarial Jobs in  USA