3/31/2005 [Life] Actuarial Associate, Group Actuarial & Finance (3504)
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Posted 3/31/2005 12:16:57 PM
Supreme Being

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Group: Administrators
Last Login: 1/29/2007 9:04:03 AM
Posts: 4,199, Visits: 95
Position: Actuarial Associate, Group Actuarial & Finance

Company:Insurance Organization

Location: Ontario

Job ID: 3504



Responsibilities:

Pricing/Quoting Activity (35-55%)
·Working collaboratively with other Group Actuarial and Finance team members, pricing support, for new and inforce business, is provided in the preparation of quotation proposals and Canadian Group product/rate development initiatives.
Financial Analysis (35-55%)
·Working collaboratively with other Group Actuarial and Finance team members, pricing support is provided through thorough analysis of the profitability of client accounts.
·Experience analysis may include result review by account, loss ratio analysis, ROC/EV analysis, reserve movement analysis, expense analysis, claims activity analysis, profit sharing result analysis, pricing and reserving basis reviews, reporting & system requirements review, etc. Financial trends are determined and variations in results are explained. Analytical tools are developed and enhanced.
Other Client Support/Projects and Incumbent’s Development (10-20%)
·Other assigned projects and adhoc requests are completed per requirements. Support is provided to internal and any external clients and superior client satisfaction is achieved.
·Support is provided by assisting with domestic & international product/market research and any international product development initiative.
·Other project work may be of a varied nature and include rate review/development, reinsurance needs analysis, scenario modeling/stochastic simulations, etc.
·The Incumbent’s development is continued and his/her knowledge, skills and contribution.

Qualifications

·Approaching ASA designation and working towards FSA designation; actuarial experience in the Canadian Life and Health insurance industry.
·Strong analytical skills & superior attention to detail and accuracy.
·The ability to learn quickly.
·A constant need for achievement.
·Strong result and service orientation and a drive to make a difference.
·Strong sense of responsibility and commitment & excellent work ethic.
·Demonstrated effectiveness working under tight timelines with multiple priorities.
·Excellent written and verbal communication skills and people skills.
·Group, pricing or financial analysis experience is a definite asset. Strong desire to enhance Group Life and LTD business knowledge.
·Adept at using Excel & Word. Access and AXIS knowledge is an asset.


Online Application available at www.jobs4actuary.com

For further information, email info@nasearchg.com and mention Position #3504, or contact any of our recruiters at (905)-477-2962.
Post #791
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