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Senior Actuarial Analyst

Assumption Life - 4 Jobs
Moncton, NB | Quebec City, QC | Laval, QC
In-person
$65,300 - $92,700 / year
Full-time
Experienced
Posted 23 days ago

The Senior Actuarial Analyst will directly report to the Manager, Actuarial Services and Product Development. The role primarily involves modeling individual insurance products, supporting ongoing profitability evaluations, and contributing to the development of individual and group insurance products and investment products at Assumption Life. The candidate will also engage in special projects requiring creativity, analytical strength, and adaptability in a dynamic work environment.

Responsibilities
  • Develop insurance products to meet profitability and competitiveness targets, including preparing experience, setting assumptions, modeling products and conduct sensitivity testing.
  • Participate in the testing of systems related to product development, including improvement of the testing tool and actuarial support to testing team.
  • Conduct profitability studies, including periodic monitoring of assumptions and product risks and writing reports.
  • Calculation of taxable amounts on life insurance policies following a total or partial surrender, maturity, transfer of ownership or policy loan.
  • Participate in strategic projects such as modification of broker commissions, new regulations.
Qualifications
  • University degree in actuarial or mathematical science.
  • 3 or more years of actuarial experience.
  • Four or more preliminary exams of the Society of Actuaries (SOA).
  • Proficiency in Excel, AXIS or other actuarial software.
  • Strong analytical and synthesis skills.
  • Excellent verbal and written communication skills in both French and English.
  • Ability to manage time effectively and handle multiple requests from different sectors.

If this challenge matches your career aspirations and you would like to play a key role in the exciting development of our company, please apply no later than June 14, 2024.

Work With Us

• The opportunity to be part of a dynamic and high-performing team that adheres to the following values: leadership, collaboration, trust and commitment.
• Training and development opportunities.
• A comprehensive benefits package including a competitive salary, bonus, pension and benefits.
• A dynamic location in downtown Moncton.
• One paid day of volunteer work.
• A gym located in the building.

Company Website: http://www.assumption.ca
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About Assumption Life

About Assumption Life

At Assumption Life, we value the development of our employees in diversified and inclusive work teams that foster creative thinking and innovation.

Assumption Life is deeply committed to its community's development

Founded in 1903 in Massachusetts, Assumption Life is the result of a group of people who want to take their destiny into their own hands. Their goal was simple: to ensure the prosperity of Acadian families in New England. Since its inception, Assumption Life has continued to making difference beyond the borders of l'Acadie for all families across Canada. Our Company, which began as a great idea 116 years ago, is now one of the largest mutual life insurance and financial services companies in Canada. Today, this culture of generosity and commitment is demonstrated by our employees. Whether it is helping out at special events, raising funds for charities or, helping people in need, Assumption Life employees are very committed to their community and are always ready to help.

An employer of choice

We ensure competitive salaries, as well as performance-based bonuses, generous benefits and flexibility in our policies and practices to respond to the needs of our employees.

Assumption Life is committed to creating a diverse environment and is proud to be an equal opportunity employer. We extend employment regardless of race, color, ancestry, religion, sex, national or ethnic origin, sexual orientation, age, citizenship, marital status, family status, genetic characteristics, disability, gender identity or gender expression, status of a pardoned person, social condition or political activity. If you have a disability or special need that requires accommodation for an interview, please let us know by emailing [email protected]