Senior Actuarial Analyst

Job summary

The Senior Actuarial Analyst will perform quarterly actuarial valuations, financial reporting, and capital modeling for the reinsurance entity. They will also implement and maintain valuation models in AXIS while supporting the integration of artificial intelligence to improve operational efficiency.

Job details

Welcome to Sagicor Sagicor is a leading financial services provider with over 180 years of history, which operates across the Caribbean, in the United States and Canada. Sagicor currently operates in 19 countries and maintains a strong market position in most of the markets where it operates. Sagicor has four reporting operating segments, Sagicor Life, Sagicor Jamaica, Sagicor Life USA and Sagicor Canada. Sagicor’s objective is to be a leading insurance and financial services provider of world class products and services to better serve its customers and other stakeholders in its markets. Sagicor is focused on growing its business in the markets in which we operate and actively supporting the communities in which we serve Here’s the job opportunity… Works as part of the Actuarial team supporting Sagicor Reinsurance Bermuda Ltd. (SRBL), providing actuarial valuation, financial reporting, capital reporting and modelling support, including IFRS17 and Bermuda EBS reporting. This role is based in Toronto, Canada. KEY RESPONSIBILITIES * Serve as actuarial support for Sagicor’s Bermuda captive reinsurance entity (SRBL). * Perform quarterly actuarial valuation for SRBL including IFRS17 and Bermuda EBS reporting. * Prepare actuarial analysis, reporting and supporting materials used in the presentation of IFRS 17 financial results to Senior Management and the Board. * Implement, maintain, and improve the actuarial valuation models in AXIS.= * Understand and implement the actuarial control processes for SRBL. * Prepare in depth analysis for sensitivity test, capital adequacy and risk management. * Perform model validations for SRBL. * Support the implementation of artificial intelligence processes to enhance actuarial workflows and operational efficiency. * Improve the actuarial functions by identifying and improving inefficiencies. * Establish as the subject matter expert in areas assigned. * Perform any other duties as assigned. WHAT WE PAY $105,000 - $135,000 Qualifications * A Bachelor of Science degree in Actuarial Science, Mathematics, Statistics, Economics or Finance with a strong background in Mathematics including Calculus, Probability and Statistics. * Associate level designation (or approaching completion of associate level designation) along with two to five (2-5) years of experience in a similar capacity. * Experience supporting actuarial valuation, financial reporting, capital modeling, or solvency assessment processes within a regulated insurance environment. * Demonstrated ability to deliver accurate analyses and reporting under strict monthly, quarterly, and annual reporting timelines. * Possesses deep intellectual curiosity and strong analytical skills, including willingness to learn various life insurance valuation and capital standards, and actuarial software, such as: IFRS 17, Bermuda EBS and AXIS. * A high level of proficiency in the use of AXIS and Microsoft Office Software with strong Excel skills * Good verbal and written communication skills along with good organisational skills. * Detailed oriented and deadline driven with good time management skills. * Working knowledge of life insurance products, actuarial liabilities, IFRS 17, capital reporting or statutory reporting is an asset * Proficiency in SQL, Python, VBA and R programming would be an asset. * Experience with life insurance valuation, IFRS 17 reporting, Bermuda EBS reporting, AXIS modeling and/or reinsurance operations is strongly preferred. WHAT’S IN IT FOR YOU At Sagicor, it's important for us to keep our people motivated, recognized and rewarded. We offer competitive pay, one of the many reasons Sagicor is a great place to work. When you join the Sagicor team you also get… * Flexible and hybrid work arrangements * Opportunities for professional development * Recognition programs to cheer you on, motivate and reward A Human Resources representative is available to consult with applicants who require accommodation in the application or recruitment process. Any information shared by the applicant about an accommodation will be treated as confidential. If you do require an accommodation, please email adedoyin_okuboyejo@sagicor.caSFC_CA_HumanResources@sagicor.com [SFC_CA_HumanResources@sagicor.com]

What you’ll do

The Senior Actuarial Analyst will perform quarterly actuarial valuations, financial reporting, and capital modeling for the reinsurance entity. They will also implement and maintain valuation models in AXIS while supporting the integration of artificial intelligence to improve operational efficiency.

Requirements

Candidates must hold a Bachelor of Science degree in a quantitative field and possess an associate-level actuarial designation with 2-5 years of relevant experience. Proficiency in AXIS, Microsoft Office, and strong analytical skills are required, with additional programming knowledge in SQL, Python, or R considered an asset.

Benefits

• Competitive pay
• Flexible work arrangements
• Professional development opportunities
• Recognition programs

Listed skills

• Time management · Preferred
• SQL · Preferred
• Financial Reporting · Preferred
• Data analysis · Preferred
• Risk Management · Preferred
• Communication Skills · Preferred
• Python · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Actuarial valuation
• Financial reporting
• Capital modeling
• IFRS 17
• Bermuda EBS
• AXIS
• SQL
• Python
• VBA
• R
• Risk management
• Data analysis
• Communication skills
• Time management
• Organizational skills
• Reinsurance
• Intellectual Curiosity
• Operational Efficiency
• Workflow Management
• Organizational Skills
• Ability To Meet Deadlines
• Willingness To Learn
• Actuarial Valuation
• Market Positioning
• Life Insurance Products
• Analytical Skills
• Actuarial Science
• Artificial Intelligence
• Management
• Calculus
• Capital Requirements
• Communication
• Economics
• Finance
• Financial Services
• Financial Statements
• R (Programming Language)
• International Financial Reporting Standards
• Python (Programming Language)
• Risk Management
• Mathematics
• Microsoft Office
• Operations
• Solvency
• SQL (Programming Language)
• Probability And Statistics
• Statistics
• Time Management
• Visual Basic For Applications
• Statutory Reporting

Job areas

• Finance & Accounting
• Data & Analytics
• Consulting
• Actuarial Analyst
• Actuary
• Mathematicians, Actuaries and Statisticians
• Actuaries

More jobs from ivari Canada