Senior Actuarial Consultant – Insurance – 1 Year Contract – Michael Page

Title of the Job: Senior Actuarial Consultant – Insurance – 1 Year Contract

Location: Toronto, ON

Job Description: As a member of the actuarial management team with sound actuarial knowledge to work independently and to lead complex technical projects comprised of a team of actuarial staff members, in delivering reliable, accurate, comprehensive and timely actuarial services to internal and external clients.This position is a 1 year contract.Provide technical expertise in leading or participating in the review of actuarial work performed by actuarial staff. This includes:

• Providing advice and guidance on the methods, models and assumptions used
• Analyzing and validating the results of work produced by project teams for reasonableness and accuracy
• Ensuring timelines are met on specific projects
• Valuation of Benefit Liabilities (Schedule 1 & 2)
• Financial implications on Experience Rating Programs (CAD7, NEER, MAP, SG)
• Schedule 1 Premium Rates and Schedule 2 Administration Rate setting
• Leading the Funding and Financial Forecasting projects
• Developing actuarial methodologies to integrate in current valuation or forecasting processes

Lead or participate in the design, review, validation and reporting of experience studies, costing of legislative changes and special projects. Experience studies are used to validate or set assumptions for actuarial models. Studies and special projects includes:

• Mortality studies, termination studies, occupational disease studies, health care studies, future administration cost studies and economic studies.
• Asset liability matching related projects including Funding Margin Requirement which requires liaising with Investment and other Finance areas
• Preparation for presentations to BoD, senior management, or other external actuaries or employers
• Special projects (Stochastic modelling, Modeling changes, Earnings by Source, New Pricing or Funding systems/methods, New Accounting Standards)
• Costing includes changes in administrative and legislative practices and policie

MPI does not discriminate on the basis of race, religion, sex, sexual orientation, gender identity or expression, age, disability, marital status, or based on an individual’s status in any group or class otherwise protected under applicable human rights legislation. MPI encourages applications from minorities, women, the disabled and all other qualified applicantsOnly required to be in the office 1 day per month|An opportunity to join a reputable organization with +3500 employeesUniversity Degree in Actuarial, Finance, Investment or related field minimum
10+ years actuarial practice in the insurance industry or equivalent experience
Fellowship from Canadian Institute of Actuaries/Society of Actuaries/Casualty Actuarial Society
Project lead experience of at least 2 yearsOur client is an agency of the Ontario government.Opportunity for career growthGreat place to workConvenient location

Company Name: Michael Page

Salary: $125000 – 145000 per year

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