Company: CLIC
Department: Decision Support
Employment Type: Regular Full-Time
Work Model: Hybrid
Language: English is required, French is an asset.
Additional Information: This/these role(s) is/are currently vacant

###The Opportunity:

We are a leading Canadian financial services co-operative committed to being a catalyst for a sustainable and resilient society and our team is essential to deliver on this strategy. That’s why we prioritize our people, to ensure we provide a strong culture and development opportunities which enables our team to thrive and to live our purpose. The best part is that you will work with people that care passionately about you, our clients and our communities.

Reporting to theSenior Manager, Actuarial Insights – Life, as anActuarial Associateyou will be responsible for the development of sophisticated models to investigate key business issues and preparing compelling action plans that support management decisions around profitability and capital efficiency. Co-operators’ Actuarial Insights – Life team enhances our organization’s success by providing comprehensive insights regarding the profitability of our Life Operations portfolio and presenting proactive business strategies to optimize the portfolio’s return on capital.

This is a role for an Actuarial Associate on the Actuarial Insights – Life team in the Finance department. It is an individual contributor role in the Actuarial Student Program. The Actuarial Student Program looks to develop actuaries within the company by exposing them to the different actuarial functions of the company while at the same time providing support for actuarial exams.

###How you will create impact:

• Provide recommendations for strategic management of financial resources to maximize efficiency, profitability, and growth by improving liquidity, reducing costs, and ensuring capital is used for the highest return activities.

• Analyze profitability of life products under IFRS 17 accounting rules.

• Prepare and analyze regular management information, determine conclusions and strategies moving forward, as well as communicate results.

• Attend meetings to present results and increase profile within the company.

• Train and mentor junior staff.

• Create new ideas and department innovations using experience gained from multiple actuarial areas.

• Uphold professional ethics, values, policies and procedures that support the company’s and profession’s standards.

###To join our team:

• You have a ACIA designation.

• 3+ years of knowledge and experience in life insurance. Experience in individual insurance pricing is an asset.

• IFRS17 experience is an asset.

• Strong computing skills including experience with GGY Axis, Microsoft Office and Excel in particular.

• Strong actuarial modeling experience.

###How you will succeed:

• You have an innovative mindset to improve operational efficiencies and ability to influence change, with a primary focus on client needs.

• You use critical thinking skills to recognize assumptions, evaluate arguments, draw conclusions and proactively propose solutions.

• You have strong communication skills to clearly convey messages and explore diverse points of view.

• You build trusting relationships and provide guidance to support the development of colleagues.

###What you need to know:

• You will be subject to a Background check as a condition of employment, in the event you are the successful candidate.

###What’s in it for you?

• Training and development opportunities to grow your career.
• Flexible work options and paid time off to support your personal and family needs.
• A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture.
• Paid volunteer days to give back to your community.
• In addition to our competitive salary and incentive programs, eligible employees also benefit from a comprehensive total rewards package including group retirement savings plans, pension and benefits (e.g., health and wellness, dental, disability and life coverage), mental health support and an employee assistance program.

Expected salary range $83,774 - $133,774+

The salary amount for the successful candidate is determined by Co-operators in its discretion and will vary depending on several criteria including but not limited to: local market conditions, geography and relevant job-related factors such as knowledge, skills, qualification, experience and education.

Employees may also have the opportunity to participate in incentive programs and earn additional compensation tied to individual and/or business performance, or other business metrics.

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