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Actuarial Intern

CRC Group1 day ago
Toronto, ON
Junior
full_time

Top Benefits

Medical insurance
Dental insurance
Vision insurance

About the role

The position is described below. If you want to apply, click the Apply button at the top or bottom of this page. You'll be required to create an account or sign in to an existing one.

If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response).

Regular or Temporary:

Temporary

Language Fluency: English (Required)

Work Shift:

1st Shift (Canada)

Please review the following job description:

The Data Analyst reports to the Vice President, Financial Solutions in the Life Reinsurance Division. The incumbent will have a balanced mandate of both modelling and technical support accountabilities. Responsibilities to include assisting in the modelling of mortality projections, supporting the enhancement of Moody’s AXIS models and helping to build and test an experience studies system.

KEY RESPONSIBILITIES

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

Data analysis and pricing of new business quotes.

Assist with the development of pricing models and tools.

Assist with the development of SQL Server and MS Access databases.

Consolidation, evaluation and reconciliation of MS Excel spreadsheets, text files and databases.

Aid with experience studies for new business quotes.

Use of R or Python software required along with MS Excel.

Reconciliation and evaluation of data within SQL server or MS Access.

Coordinate with external systems to integrate outputs/inputs of AXIS with databases.

Assist with pricing model setup, automation of tasks within Excel and other statistical/data manipulations tasks not mentioned.

Assist with Longevity pricing as required.

Assist with Life Reinsurance modelling in Moody’s AXIS.

EDUCATION AND EXPERIENCE

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Bachelor’s degree from actuarial, mathematical, statistical, data science/similar programs or Actuarial exams along with other bachelor’s degree (required)

Understanding of Linear Regression (required)

SQL and Database knowledge, such as SQL Server, MS Access or others (required)

Experience with either R, Python or other mathematical/statistical programming languages (required)

Experience with MS Power BI, Tableau or similar (preferred)

High-level knowledge of insurance, reinsurance or life contingencies (preferred)

Experience with mortality forecasting algorithms (preferred)

Previous work experience, including co-op or summer work term(s) (preferred)

CERTIFICATIONS, LICENSES, REGISTRATIONS

None

FUNCTIONAL SKILLS

Good communication skills (oral and written).

Very strong analytical and problem-solving skills.

Ability to deal with other technical professionals (mathematical/actuarial).

Highly proficient in MS-Office tools, especially MS-Excel and MS-Access.

General Description of Available Benefits for Eligible Employees of CRC Group: At CRC Group, we're committed to supporting every aspect of teammates' well-being – physical, emotional, financial, social, and professional. Our best-in-class benefits program is designed to care for the whole you, offering a wide range of coverage and support. Eligible full-time teammates enjoy access to medical, dental, vision, life, disability, and AD&D insurance; tax-advantaged savings accounts; and a 401(k) plan with company match. CRC Group also offers generous paid time off programs, including company holidays, vacation and sick days, new parent leave, and more. Eligible positions may also qualify for restricted stock units and/or a deferred compensation plan.

CRC Group supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. CRC Group is a Drug Free Workplace.

EEO is the Law Pay Transparency Nondiscrimination Provision E-Verify

About CRC Group

Insurance
1001-5000

CRC Group is all about progress.

CRC Group is a leading, fully independent pure-play brokerage and underwriting specialty insurance distributor. Our teams offer highly personalized service fueled by efficient distribution, local relationships, and data-driven insights across the risk spectrum. Our mission is to give our people and businesses the scope, resources, and support they need to be their best.

The power to achieve more.

United by our shared core values and client-first approach, our specialty wholesale and underwriting insurance businesses work across all markets, serving a wide range of clients.

With an independent spirit fueling our people, the most advanced industry technology at their fingertips, and an unwavering commitment to doing things right, CRC Group is your secret weapon, ensuring nothing gets in the way of your success.

Our core values add real value.

Our ambition is to be the best specialty insurance distributor you'll ever work with. Doing that means focusing relentlessly on you and your clients. We've boiled our approach down to three values. They define our culture, guide our actions, and get results for you.

Placing you first. We're all about your success. Whether you're a retail broker, a carrier partner, or one of our talented team who makes our business tick.

Always seeking better. No matter how good our products and services are, we look for ways we can make them even better. We identify, invest in, and deliver them.

Doing it right. There's no substitute for discipline in insurance, so we never risk the outcome for the sake of doing a deal. Doing it right is the only way we'll do it.

CRC Group divisions include: CRC Specialty, CRC Benefits, CRC Underwriting.