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actuarial analyst

Posted on December 12, 2024 by Employer details Stalwart Insurance Group

Job details

*Actuarial Analyst* *About Stalwart* Practico is a growing Canadian life insurance brokerage looking to become one of Canada?s leading life insurance brokerages through a combination of its expertise, unique offerings and innovative financial technology. *Summary* As an Actuarial Analyst, you will collaborate internally with our Sales, Underwriting, Operations team members to prepare and analyze data and conduct predictive modeling to help provide competitive and innovative insurance solutions for high income earning professionals, and identify and solve their financial challenges. Duties: * Build sales models and unique illustrations for custom insurance cases and actively support research and development activities leading to innovative insurance-based solutions. * Support the Sales team inside the organization by being a subject matter expert in life insurance products and their attributes. * Provide analytical support to develop pricing and modelling assumptions for new and existing structures related to custom solutions. * Review in-force plans and models to advise Operations and Sales on insurance specific inquiries. * Develop and monitor comprehensive and reliable actuarial reports and evaluate models and structures to ensure compliance with actuarial valuation standards. Required Skills, Education, Experience: * Undergraduate degree in mathematics, statistics, or finance * Exceptional Excel skills (we will test the applicants) * Ability to manipulate and create complex formulas on large sets of data * Knowledge of tax concepts as they apply to personal financial planning * Some experience in the life insurance industry (including experience at insurance or reinsurance company, MGA, or Sales Advisor back office). * Experience with life insurance illustration software * Knowledge of the life insurance market, the operations of life manufacturers and the needs of clients and advisors in the field. * Experience in preparing quotes, illustrations, or involvement in product pricing. * Strong analytical and problem-solving skills and ability to meet multiple deadlines under tight timelines. * Exceptional attention to detail. * Experience working in a team-oriented, collaborative, customer service focused environment. *Salary and Benefits* * Compensation: $80,000 per year * Competitive bonuses structure * Extended health benefits plan *Position Type* * Permanent, Full-Time * Location: Toronto or Vancouver, with option to work remote * Start Date: Immediate Job Type: Full-time Pay: $80,000.00 per year Work Location: Hybrid remote in Toronto, ON M5H 1J9