Sr. Actuarial Modeler Analyst

We’re Sagen

Sagen is Canada’s leading private mortgage insurance company making home ownership more accessible to first time homebuyers. For the past 30 years we have been focused on being the most trusted partner for lenders and brokers.

Our expertise in superior customer service, thought leadership, and industry knowledge has allowed us to be a driving force for our most important stakeholder, our valued customers. Our best-in-class team across the country work tirelessly to make every deal the most important deal. We are 100% Canadian-owned and believe in helping all Canadians achieve their dream of homeownership.

Sagen’s collaborative culture inspires our people to be authentic and curious while pursuing excellence in what they do.

Ready to make an impact?

Reporting to the Director, Actuarial Services, the Sr. Actuarial Modeller/Analyst will play a key role in providing actuarial services to the organization.

Here is where you will be focusing to ensure your success.

• Supports the Director in preparing the monthly, quarterly and annual Insurance Contract Liability valuations and the Appointed Actuary’s Report.
• Works with the Director to prepare the annual Financial Condition Testing (FCT) and assist in Own Risk Solvency Assessment (ORSA) and other capital management initiatives.
• Working cross-functionally, collaborate with Controllership, Modelling, FP&A, and IT in various ad-hoc projects i.e. loss projection model enhancement, business plans, etc.
• Validate new actuarial models and enhance existing models and processes.
• Responsible for solving non-traditional actuarial challenges with a focus on tail risk.
  
  

What We Are Looking For.

• Bachelor’s degree in Actuarial Sciences, Mathematics, Statistics, Economics, Computer Science or a related field.
• Actively pursuing ASA/ACAS or financial professional with solid programming skills is preferred.
• Extensive knowledge of programming software required (i.e. R, Python) and knowledge of Prophet is preferred.
• Progressive experience with IFRS 17 reserving and predictive modelling preferred.
• Familiar with Canadian regulatory valuation requirements for quarterly and annual reporting.
• Superior analytical and problem-solving skills.
• Attention to detail, with the ability to complete the actuarial reporting processes accurately using fact-based analysis.
• A self-starter with the ability to work independently. Adaptable and enjoys working in a fast-paced environment.
• Strong organizational skills with ability to manage multiple priorities.
• Demonstrated ability to contribute to a positive work environment by actively participating in department initiatives and engaging in open communication and adaptability to enhance overall department performance.
  
  

This position requires work from our Oakville office but offers a flexible hybrid work model that allows employees to work remotely from their home office.

What's In It for you!

At Sagen we understand that your health and financial well-being are equally important and offer a total rewards package that includes competitive compensation, annual performance bonus, medical and dental benefits, company funded pension plan, matching RRSP, TFSA and/or Non-registered Savings Plans, work from anywhere days, and an environment that creates a sense of belonging to inspire you to be your very best.

Ready to join Sagen

At Sagen, we are committed to building a diverse and inclusive workplace, as evidenced by our partnerships with the Canadian Centre for Diversity and Inclusion (CCDI) and Black Mentorship Inc. We strive to create a sense of belonging where all employees, from every background and ability, are welcomed, respected, and empowered to be their authentic selves.

Throughout the selection and hiring process, we encourage candidates to request accommodation to meet their individual needs.