Jobs.ca
Jobs.ca
Language
Agam Capital logo

Actuarial Intern

Agam Capital7 days ago
Hybrid
Toronto, Ontario
Junior
internship

About the role

About us:

Agam was founded in 2016 with the vision to create a cutting edge differentiated analytical platform. The execution towards this vision continued with the development of pALM, our proprietary asset and liability management (ALM) system. Agam operates at the intersection of asset management and insurance; we support our clients in the end-to-end execution of their insurance strategies from deal origination, M&A, pricing, and operationalization of insurance companies.

Agam is seeking highly motivated and analytical students to join our office in Canada.

Key responsibilities include:

  • Support M&A, reinsurance transactions, and new deal underwriting activities
  • Develop asset and liability models for life insurance and annuity blocks of business
  • Analyze insurance balance sheet for deal pricing, strategic asset allocation (SAA), hedging, and stress testing
  • Optimize processes across actuarial, risk, and finance functions at various operating entities

Requirements:

  • 3rd to 4th year in Actuarial Science, Mathematics, Statistics, or related field
  • High academic achievement and at least 3 SOA exams passed
  • Strong analytical and problem-solving skills, with attention to detail
  • Excellent communication and interpersonal skills, with the ability to work collaboratively in a highly dynamic environment
  • Proficiency in Excel, PowerPoint and/or Access

Term

  • Winter 2026- Jan- April
  • Summer 2026- May-Aug

Preferred:

  • Understanding of insurance balance sheet
  • Experience with programming languages such as C, C++, C# or Python
  • Knowledge of asset modeling concepts and methodologies is a plus

About Agam Capital

Investment Management
51-200

Agam Capital is an insurance solutions provider that differentiates itself by taking a risk-focused approach to dynamic management of liabilities.

Agam was founded by former senior executives from Apollo Global Management and Aflac Inc. While traditional reinsurance solutions have aimed at enhancing asset yield to support a liability structure, Agam has focused its efforts on risk management and integrated analytics, which reduces the need to move further up the risk curve. It has developed a sophisticated, fully integrated Proprietary Asset-Liability model (pALM), which is the cornerstone to its Enterprise-wide Risk Management (ERM) framework. pALM enables insurers and reinsurers to manage its liabilities, assets and capital in a fashion that meets guidelines set by National Association of Insurance Commissioners (NAIC), European Insurance and Occupational Pensions Authority’s (EIOPA) Solvency II directive or Bermuda Monetary Authority’s (BMA) Solvency II Equivalence.

Agam’s senior team has over 100 years of combined expertise in the field of insurance, asset management and risk management.