EY Life Insurance Actuary (Senior Level) in Montréal, Canada
Life Insurance Actuary (Senior Level)
Requisition # MON001MX
Post Date Jun 28, 2018
EY’s people in more than 150 countries are committed to operating with integrity, quality and professionalism in the provision of assurance, tax, transaction and advisory services. We strive to help all of our people achieve their professional and personal goals through an inclusive environment that values everyone’s contributions, appreciates diversity of thought, fosters growth, and provides continuous opportunities for development. Recognized as one of Canada's top employers, EY continually strives to be a great place to work.
Within our talented and dynamic Insurance and Actuarial Advisory Services (IAAS) group, the IAAS Actuarial Analyst (senior level) will work on multiple client engagement teams that perform actuarial audit work, valuation and pricing analysis, model building and validation, cash flow testing, and many other related life insurance actuarial projects . You will also receive on-the-job training to acquire practical experience in addressing technical/business issues and in applying industry expertise and EY policies/procedures on client engagements. This position offers excellent opportunities for learning, teaming, leadership, and career advancement.
Develop working knowledge of engagement objectives and the client's language/industry terms. Learn/apply data processes, test controls, and perform substantive procedures. Create work products that document engagement procedures. Establish/manage priorities, create/manage work plans, communicate the status of activities, and successfully meet deadlines. Maintain a strong client focus and maintain/develop productive working relationships with clients. Stay informed of current business/economic developments relevant to the client. Demonstrate team spirit, integrity, and leadership. Use technology to continually learn, share knowledge with team members, and enhance service delivery. Respect/protect confidential client information. Bring potential business opportunities to the team's attention. Seek, develop, and present ideas to apply EY's services and bring value to clients.
More specifically, the successful candidate could be asked to participate in engagements involving:
Financial modelling (conversion of models to AXIS, validation of pricing and valuation models)
Assessment and disclosure of financial information (financial modelling of reserves, reviews of experience studies, validation of the integration of changes in assumptions into the valuation system, validation of economic assumptions, deterministic and stochastic scenario testing)
Various actuarial advisory services in connection with internal audit assistance, experience analysis, product development and pricing, capital requirement validation and M&A engagements (assistance in determining enterprise value, benchmarking of valuation assumptions)
Risk management (development of risk management tools, assessment of risk management controls and procedures, quantification of risk exposure)
This opportunity offers the right candidate an excellent environment to learn and tremendous career potential. Candidates must have:
a n undergraduate or graduate degree in actuarial science, mathematics, statistics, or other related major;
ASA designation or being in the process of obtaining the designation;
one-to-five years’ relevant experience in the measurement of insurance contract liabilities and/or financial modelling;
excellent interpersonal, and verbal and written communication skills, in both French and English
strong IT skills (knowledge of AXIS is an asset) .
The successful candidate must be aiming for the FCIA designation and be bilingual (French and English spoken and written).
This position is based in Québec City but the candidate must be willing and able to travel, when necessary .
EY is committed to inclusiveness, equity and accessibility. We encourage all qualified candidates to apply.