Senior Corporate Actuarial Analyst at iA Auto and Home Insurance, evaluating actuarial reserves and supporting financial projections. Collaborating on compliance with OSFI requirements and profitability analyses.
About the role
- Associate Actuary supporting quarter-end GAAP valuation process at Pacific Life. Collaborating with model development teams and ensuring accurate financial reporting.
Responsibilities
- Support quarter-end GAAP valuation process, including: working extensively with the Life Prophet model, preparing model inputs, working with & communicating model output, ownership of a subset of the balance sheet (including the quarterly narrative & analysis)
- Analyze and communicate the quarterly reserve movements in the GAAP balance sheet, ensuring figures are accurately and timely reflected in the financial ledger
- Collaborate with Enterprise Model Steward & Model Development teams to perform model regressions & attributions of proposed model enhancements and fixes
- Maintain and improve, as necessary, process documentation of quarter-end processes around data & model operations to comply with best practices, model risk management, and internal controls
- Maintaining procedures quality assurance procedures and related controls that enhance the accuracy and reliability of valuation processes when appropriate.
Requirements
- Bachelor’s degree in actuarial science, mathematics, finance, economics, data science or related field
- ASA designation or near-designation
- Familiarity with US GAAP reporting & requirements
- Effective time management and multi-tasking skills
- Strong analytical, interpersonal, and communication skills (both verbal and written)
- Familiarity with Microsoft Office as well as any other software such as Python, Prophet etc.
Benefits
- Medical, Dental, Vision, and Wellbeing Reimbursement Account
- Paid Time Off, Holiday Schedules, and Financial Planning Time Off
- Paid Parental Leave and an Adoption Assistance Program
- Competitive 401k savings plan with company match and additional contribution
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