Actuary

IVARI - Toronto, ON (5 months ago)

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Welcome to ivari

Let us introduce ourselves. With about 500 employees across Canada, we’re a company that’s making a difference in the world of life insurance. How? By finding and hiring people who are equally passionate about life and protecting it, then giving them the best, most supportive workplace possible. We must be doing something right because we’re growing quickly and need more great people to grow along with us. Is that you?

Here’s the job opportunity…

Responsible for conducting various actuarial tasks within the Corporate Actuarial Department of ivari, including actuarial valuation of liabilities, analysis of source of earnings, experience studies, business forecasts, sensitivity / shock testing, LICAT components and DCAT. Assist in the development of new corporate measures and accounting standards.

You will…

  • Ensure that comprehensive and reliable actuarial models are developed and monitored
  • Ensure clear and concise communication to superiors, focused on business drivers
  • Provide value added analysis of results, focusing on earnings and capital
  • Become thoroughly familiar with actuarial valuation standards, CIA guidance material and OSFI guidelines in order to ensure accurate technical implementation
  • Become thoroughly familiar with the new accounting and capital frameworks (IFRS-17 and LICAT 2022)
  • Coordinate and conduct periodic and ad hoc sensitivity testing
  • Become subject matter expert in the assigned line of business (understand pricing, valuation, capital, business drivers, source of earnings, etc.)
  • Provide expertise on streamlining the valuation and capital infrastructure, especially in the context of the new frameworks
  • Improve the model governance aspects of the Corporate Actuarial department
What we are looking for…

  • FCIA
  • University degree in Actuarial Science
  • Minimum of 10 years relevant experience in the life insurance industry
  • Superior organizational skills with the ability to develop rigorous and efficient methodologies and models
  • Superior computer skills especially in the AXIS environment
  • Ability to setup detailed documentation that can be easily followed by qualified personnel
  • Ability to understand and interpret complex guidelines and program them in models
  • Excellent communication skills, focusing on relevant information
  • Autonomous in their development
Who you are…

You are a team player who not only understands our core values but lives them every day. You know the importance of…

  • Bringing clarity and focus to your work;
  • Taking ownership and doing what you say you will;
  • Remaining flexible;
  • Collaborating with others;
We are an Accessibility for Ontarians with Disabilities Act (AODA) compliant workplace. You can be confident that our recruitment and hiring processes will be modified to accommodate disabilities, if requested.

To apply, please email your resume to: human.resources@ivari.ca