Job description
- Network of contacts within the actuarial profession
- University degree in actuarial science, statistics, mathematics, or a related field.
- One to three years of experience in an actuarial environment.
- Self-motivation and drive.
- Professional, enthusiastic, and positive attitude.
- Able to meet deadlines and work under pressure.
Responsibilities:
- General
- Provide basic actuarial services with minimal supervision by a more experienced actuary/actuarialspecialist.
- Perform more complex analyses as assigned under the supervision of a more experienced actuary/actuarialspecialist.
- Demonstrate increasing knowledge of relevant actuarial disciplines and procedures to be able to providefirst class service to internal customers.
- Actively pursue local actuarial qualification and demonstrate consistent progress toward designation.
- Reserving specific
- Under general direction, support reserving, portfolio profitability analysis, reinsurance analysis, or market facing business units in support of business objectives.
- With appropriate review and governance from Management coordinate, prepare, and perform actuarialanalyses including and premium projections, consultation on actuarial models, and risk-based capital
issues. - Support finance, market-facing business units, claims, risk, capital management, and other functions onreserving, portfolio pricing, and strategic business decisions.
- Under general direction, support the pricing of new/renewal business, development of effectivepremium/rating structure, the formal
- Profitability Review process and development of strategies in
support of business objectives. - Provide support for management of profit margins on new and renewal business.
- With appropriate review and guidance from Manager, coordinate, prepare and perform actuarial analysesincluding analysis of loss and expense reserves as relates to pricing adequacy and strategic direction.
- Provide consultation and technical expertise on actuarial models and risk issues, and support Market
- Facing and Technical Underwriters on pricing decisions.
- Capital specific
- Under general direction, support capital modelling, data quality and regulatory returns.
- With appropriate review and guidance from Manager, coordinate, prepare and perform actuarial analysesincluding collection of information from various stakeholders across the business.
- Business Support specific
- Support actuarial services related to Risk Based Capital model development, parameterisation, andallocation activities.
- Perform data analytics and/or reinsurance analysis.
- Under general direction, support the pricing of new/renewal business, development of effectivepremium/rating structure, the formal
- Profitability Review process and development of strategies in
support of business objectives. - Provide support for management of profit margins on new and renewal business.
- With appropriate review and guidance from Manager, coordinate, prepare and perform actuarial analysesincluding analysis of loss and expense reserves as relates to pricing adequacy and strategic direction.
- Provide consultation and technical expertise on actuarial models and risk issues, and support Market
- Facing and Technical Underwriters on pricing decisions.
- Business Support specific
- Support actuarial services related to Risk Based Capital model development, parameterisation, andallocation activities.
- Perform data analytics and/or reinsurance analysis.
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