Life Pricing Actuary

Kalos Consulting, Inc. - Toronto, Canada

Company

  • Preeminent reinsurance firm, very well established
  • Consolidated assets of $50B+
  • Recognized by international industry institutions as “Life Reinsurer of the Year”
  • More than 2,700 employees, yet they are divided into smaller teams and maintain a small company feel
  • Embraces collaboration to work on big problems and develop the best solutions
  • Pioneered the use of reinsurance as a financial management tool and remains a leading provider of such solutions around the world
  • Very low turnover rate!
  • Plenty of opportunities to move internally within the organization

     

    Benefits and Features

  • Skill building: this firm encourages personal & professional growth through ongoing training & skills development and mentorship opportunities
  • Work/life balance: family-friendly culture and flexible work arrangements
  • Career growth: Performance based compensation & competitive benefits package cultivate collaboration and recognize success
  • Very strong relocating package available
  • Cutting edge and state of the art deals

 

Your Role

  • Perform pricing, modeling, risk analysis, and structuring activities on new or proposed transactions
  • Assess and analyze and document risk exposure in potential transactions
  • Work with the marketing staff to determine client needs and objectives
  • Assist business development associates by building proof-of-concept models for new opportunities or new reinsurance solutions for our clients
  • Update documentation of pricing methodology, parameters, and procedures
  • Recommend, implement, and document enhancements to the pricing process
  • Set realistic and achievable deadlines for modeling, risk analysis, and other new business development activities
  • Drive the design of reinsurance transactions and lead discussions on risk issues with internal and external clients
  • Assist risk management personnel with monitoring experience of in-force treaties

 

Community

  • Toronto, ON Canada

Desired Background Profile:

  • Bachelor's degree in Math, Finance, Statistics, Actuarial Science, Computer Science or related field
  • FSA Certification
  • 7+ years of actuarial experience in Life Insurance/Reinsurance
  • MAAA/FCIA or other local actuarial organization accreditation
  • Advanced quantitative degree or designation
  • Reinsurance, M&A, Pricing or ALM experience
  • Demonstrated knowledge of life insurance, health insurance, longevity, and/or annuity products
  • Highly advanced oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received
  • Highly advanced persuasion and negotiation skills when working with internal/external customers
  • Advanced knowledge of key financial reporting, accounting, and solvency regimes, including (but not limited to): US GAAP (including FAS 97, FAS 91, FAS 133, FAS 157, and SOP 03-1), US Statutory, and US tax; IFRS; MCEV / EV / EEV; and Solvency II.
  • Advanced PC and technical skills including (but not limited to): spreadsheets (VBA), database applications (Access, Oracle, SQL or equivalent technology), statistical programs, and one or more computing languages (ex: C/C++)
  • Strong technical abilities, ease passing through actuarial exam process
  • Expertise in AXIS, Prophet and/or MoSes
  • Understanding of asset modeling and ALM techniques, including derivatives, and capital markets approaches


Posted On: Friday, January 4, 2019



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