Actuarial Analyst

At Equitable, we realize that your work life is not just about performing a job; it's about being part of a workplace that helps you grow and reach your full potential. Within our friendly and collaborative work environment, we recognize that the key to our growth and success is a dedicated, motivated and client-responsive staff. Join Equitable today.

Position Title: Actuarial Analyst/Actuarial Associate

Reports To: Director, Individual Corporate Actuarial, Traditional Participating InsuranceDepartment: Corporate ActuarialTerm: Permanent Full-Time

Work Arrangements: This is a hybrid role. You will work in our office in Waterloo, ON a minimum of two (2) assigned, consecutive days every other week, plus a fifth (5th) assigned day per month. You are welcome to work from the office more than the minimum requirement and there may be some roles that are required to work in our office more than the minimum requirement.

The Opportunity: We're searching for an Actuarial Analyst or Associate to join our Par Valuation team. Reporting to the Director, Individual Corporate Actuarial, Traditional Participating Insurance, this position will provide the opportunity to gain a deeper understanding of Traditional Participating products and financial reporting under IFRS 17. You’ll participate in an actuarial rotation program and get the opportunity to experience and learn different areas of our business.

Equitable provides an excellent opportunity for actuaries of all levels to develop a broad skill set and offers them the experience of working on a variety of actuarial topics. The aim of the Actuarial Program at Equitable is to build strong actuarial talent that has the capabilities necessary to lead a dynamic and strong mutual life insurance company.

Equitable has an excellent actuarial student program which includes paid study time, social events and leadership and development training. Equitable has been one of the fastest growing life insurance companies in Canada and the continued success of the company relies on the strength of its people.

What you will be doing:

• Perform quarterly financial reporting under IFRS 17 for Traditional Participating products, including analysis of results
• Provide inputs to LICAT and Risk Measures reporting and for the Appointed Actuary’s Report
• Calculate new dividends reflecting recent experience and implement dividends and related assumptions in valuation models
• Participate in providing projections of actuarial reserves, cash flows, capital requirements for the business plan
• Implement new products in valuation models
• Make recommendations on process improvements
  
  

What you will bring:

• Strong analysis and problem-solving skills
• Ability to work in a multi-tasking environment and meet deadlines
• Proficiency in the use of MS Excel and Access
• Familiarity with actuarial software Moody’s AXIS
• Actuarial work experience, knowledge of IFRS 17 and individual insurance products are beneficial
• A minimum of 3 SOA exams preferred, and a commitment to complete the FCIA/FSA designation
  
  

What’s in it for you:

• A healthy work-life balance with employee wellness top of mind
• Annual bonus program, annual vacation allowance, and company-paid benefits program
• An additional paid volunteer day each year so you can spend time giving back to the community
• Immediate enrollment in the company’s pension program with employer matching
• Employee resource groups that support an inclusive work environment
• Tuition support and specialized program assistance
• An onsite, full-service cafeteria with a variety of daily options
• Discounts on company products and services, and access to exclusive employee perks
• Regular EQ Together events focused on company togetherness and collaboration
  
  

As part of the recruitment/offer process you will be required to:

• Upload a copy of your Society of Actuaries transcript with your application
• Provide two professional references (minimum one supervisor and above)
  
  

This role is open due to an existing vacancy.

To learn more about Equitable, we encourage you to explore our organization.

At Equitable, we are committed to providing equal access to employment opportunities across our organization. Please contact our HR team at [email protected] if you would like to receive our job postings in an alternative format or require an accommodation with the application process.

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