Job Title Senior Actuarial Analyst, Research & Development

Job Description

The Role:“Capital Assumptions Framework”

This role is particularly suited to candidates with strong statistical or quantitative research backgrounds looking to apply advanced modelling techniques within an actuarial context.

Reporting into the Research and Development (R&D) AVP, the role is to support designing, producing, and maintaining a Global Capital Assumptions Framework for quantifying insurance risk for Economic Capital across Pacific Life Re. The framework will ultimately cover all lines of business, i.e. Mortality, Morbidity, Longevity and Capital Solutions.

The framework will include appropriate centralization, cutting edge design and methodologies, support for market entry and a target operating model that ensures efficiency of maintenance and growth.

The ideal candidate will bring creativity and innovation skills, along with the confidence and resilience to tackle complex problems. A core component of the role will involve statistical research, model development and simulation-based approaches to risk calibration. We expect the candidate to bring a strong statistical modelling background, coupled with actuarial training, and will be comfortable working with large datasets, developing and validating models, and translating research outputs into practical capital assumptions used across the business.

The role will be on a team exposed to a range of global markets and have the opportunity to work with a variety of experts including medical analytics, data scientists and senior management across functions as well as with a range of data sources and methodologies.

Desirable Qualifications & Experience

Degree in Actuarial Science, Statistics, Mathematics, or a related quantitative discipline

Strong statistical skills, with hands-on experience in statistical modelling and simulation-based approaches

Postgraduate training in Statistics or a related field (e.g. MSc or PhD) involving research and modelling is highly desirable

Strong programming capability is essential, particularly in R, with experience building transparent, reproducible analytical models

Actuarial qualification not required, but candidates should ideally hold an actuarial degree and/or be actively progressing through actuarial exams

Experience applying quantitative or actuarial techniques to insurance risk, capital, or pricing problems

Excellent communication and organizational skills, with the ability to present complex statistical concepts clearly to technical and non-technical stakeholders

Ability to work independently while collaborating effectively within a flexible, dynamic team.

#LI-PC1

$90,990.00 - $106,155.00 CAD

Compensation Range

The compensation range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location.

Working For Pacific Life Re

Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.

Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.

Benefits

Leave

23 days of annual leave (Regular employees) with option to buy or sell more days

Fertility leave

Generous parental leave

Healthcare

Group Life Insurance and Accidental Death & Dismemberment coverage for all permanent employees

Dental & Optical benefits

Savings & Retirement

**RRSP:**company-matched contributions

Wellness

Employee and Family Assistance Program

Subsidized gym membership

Time off for volunteering

Charitable matching of employee donations

As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.

Pacific Life Re Values Please click here to view our company values

Use of AI

As part of our commitment to a fair and efficient hiring experience, we want to inform you that we may use artificial intelligence (AI) tools to assist in reviewing resumes, and during the assessment process, including through platforms like HireVue. These tools help us identify relevant qualifications and streamline evaluations, but final decisions are always made by our hiring team.