Actuarial Associate

Equitable is a Canadian mutual company focused on supporting clients and communities. They are seeking Actuarial Associates to join their Group Actuarial and Individual Pricing teams, providing opportunities for development and experience in a collaborative environment.

Responsibilities

• Provide support to financial reporting of all Group Products (Life, AD&D, Health, Dental, STD, and LTD)
• Analyze experience trends in inforce block and industry studies and communicate actionable information to key stakeholders
• Provide data and analysis required for various industry studies including trend, drug pooling and expenses
• Develop and execute monthly monitoring of different aspects of Group Benefits products profitability
• Model and analyze impact of various financial management and operational initiatives
• Provide support to drug cost management initiatives
• Support reinsurance management activities including treaty revisions and settlement calculations
• Complete experience studies and propose assumption changes
• Assist in the design and pricing of Individual life and health products (including Universal Life, Term, Traditional Par and Critical Illness) under an IFRS 17 basis
• Support profitability analysis for all Individual life and health products and recommend product pricing changes as needed to senior management for approval
• Support the sales and illustration process
• Assist in the development and production of reports for monitoring sales and product experience

Skills

• A bachelor/master's degree in mathematics, actuarial science, statistics or a related field
• Sound computer software knowledge, particularly in MS Excel, SQL and MS Access
• The ability to work in a multi-tasking environment, and meet deadlines
• A strong focus on customer service with excellent communication skills both verbal and written
• A minimum of 2 SOA Exams, and a commitment to complete the FSA/FCIA designation
• ASA/ACIA preferred
• Knowledge of Group Life and Health products is an asset for the Group role
• AXIS experience and knowledge of Individual life products are assets for the Individual role

Benefits

• Incentive pay
• Annual salary reviews
• Employer-paid benefits
• Pension matching
• Competitive vacation plus one paid volunteer day each year
• Healthy work-life balance with employee wellness always top of mind, complemented by a “dress for your day” approach

Company Overview