Job title: Manager- Corporate Actuarial

Company: CAA South Central Ontario

Job description: About Us

Echelon Insurance provides Personal and Commercial Specialty Insurance solutions to protect Canadian families and businesses across Canada, through our trusted network of Broker partners. Echelon is a member of the CAA Club Group of Companies, and is an equal opportunity employer who offers a professional environment that champions collaboration, trust, and growth to drive success. We cultivate a great working dynamic to help us deliver what is best for our associates, Brokers, and Customers.

Who we are

Get ready to drive your career forward. Life at Echelon is fast paced, performance-driven and rewarding. We value our Associates’ career growth and ongoing professional development – and we regularly recognize their achievements and outstanding results.

Position Details

What you will do

Reporting to the Director, Corporate Actuarial Services, the Manager, Corporate Actuarial leads the Corporate Actuarial team, provides reserve valuation and capital modeling expertise, guides and trains associates and serves as a contact point and subject matter expert for other departments on reserving and capital issues. We are looking to fill this position in either our Mississauga, ON or Montreal, QC office.

• Executes department plan as defined by the Chief Actuary and Director, Corporate Actuarial
• Manages units responsible for reserving and economic capital
• Provide mentoring and coaching to members of the Corporate Actuarial team
• Lead monthly, quarterly and annual reserve valuations
• Lead production of regulator mandated actuarial reports such as the Appointed Actuary’s Report and Dynamic Capital Adequacy Testing (DCAT)
• Lead actuarial involvement in other large scale projects related to reserve valuation, capital modeling and other corporate actuarial topics, such as Own Risk Solvency Assessment (ORSA).
• Provide technical guidance and act as actuarial representative while liaising with other departments
• Acts as a coach for his or her team and emphasizes personalized contact with employees.
• Ability to contribute to determining the company’s strategic focus and business strategies.

Who you are

University Degree in Actuarial Science/Statistics/Math

• Minimum 5 years of experience in P&C insurance actuarial services
• Fellow of the Casualty Actuarial Society (FCAS) preferred
• Experience in mentoring and developing internal actuarial personnel preferred
• Good knowledge with Microsoft Office, as well as Reserving and Capital modeling tools (ie Resq , Diva or Igloo)
• Has up-to-date knowledge of new regulatory developments affecting P&C insurance business

What’s In It for You

• Competitive total compensation and benefits package
• Annual shared success program based on performance
• Annual merit increases based on performance
• Defined Contribution Pension Plan with a matching contribution component
• Complimentary CAA Membership

Our Commitment

Expected salary:

Location: Mississauga, ON

Job date: Wed, 02 Aug 2023 23:59:21 GMT