Job title: Actuarial Specialist, Corporate Actuarial Services

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.

We are caring. We are leaders. We are innovators. We are collaborative.

We work hard and play hard. We’re about doing what’s right and feeling good about it.

Position Details

Reporting to the Director, Corporate Actuarial Services, the Actuarial Specialist is a key contributor in evaluating policy liabilities, producing the appointed Actuary’s report and supporting corporate planning and capital management at Echelon. This position can be located in our Mississauga, ON or Montreal, QC office.

What You Will Do

• Co-ordinates with the Chief Actuary, Director, Corporate Actuarial, and other Actuarial leadership to develop and implement other Risk Management and stress testing programs;
• Provides assistance to other large scale projects related to reserve valuation, capital modeling and other corporate actuarial topics, such as Own Risk Solvency Assessment (ORSA);
• Provide assistance in the production of regulator mandated actuarial reports such as the Appointed Actuary’s Report and Financial Condition Test (FCT);
• Participate in determining the company’s strategic focus and business strategies;
• Provide technical guidance and act as actuarial representative while liaising with other departments;
• Develop and implement stress testing procedures for both actuarial and company-wide projects.

Who You Are

• Bachelor’s Degree in Actuarial Science, Statistics or Math
• Fellow of the Casualty Actuarial Society (FCAS) preferred
• Minimum 5 years of experience in P&C insurance
• Good interpersonal and communications skills. Encourages and supports teamwork, knowledge sharing, and cohesion within and between teams.
• In depth knowledge of IFRS 17 accounting standard, with an ability to communicate its key details to a non-technical audience;
• Is results-driven, action-oriented, and actively monitors performance of implemented tools/methodologies/models.
• Management skills: actualizes short and medium-term strategic orientations for the sector in action plans, prioritizes goals identified in the strategic plan, ensures the implementation and follow-up of these goals.
• Has in-depth technical knowledge, including best/standard practices
• Adaptable and enjoys working in a fast paced environment;
• Good knowledge with Microsoft Office, as well as Reserving and Capital modeling tools (ie Resq , Diva or Igloo)
• Current 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

We are an equal opportunity employer, and we invite women, members of visible and ethnic minorities, Aboriginal people and people with disabilities to apply. If you require an accommodation, please notify us and we will work with you to meet your needs.

Expected salary:

Location: Mississauga, ON

Job date: Fri, 15 Sep 2023 07:38:03 GMT