Overview
Pricing Actuary Jobs in Hamilton – Ontario at Legal And General Group
Title: Pricing Actuary
Company: Legal And General Group
Location: Hamilton – Ontario
Category: Insurance, Finance & Banking
Company Description
Legal & General Reinsurance is a Bermuda-based specialist life reinsurer. We are the global reinsurance hub of Legal & General Group Plc, a multinational financial services company established in 1836, and we provide life reinsurance solutions to clients in the UK, Europe, the US and Canada.
Job Description
We’re recruiting for aPricing Actuary to join us. We’re offering acompetitive base salary, great benefits and the opportunity tosupport onthe pricing of all annuity, longevity, and protection / mortality reinsurance business opportunities, including supporting with the writing of Committee and Board papers
What you’ll be doing:
Supporting the pricing of all annuity, longevity, and protection / mortality reinsurance business opportunities.
Supporting pricing systems and processes including the review of existing systems and the development and implementation of new ones.
Supporting the team with the writing of Committee and Board papers.
Supporting relationships with clients, prospects and retrocessionaires in all territories.
Providing actuarial support to other areas of the business, including contributing to business planning, reporting and ad hoc business requests and projects.
Coaching others, to achieve and maintain optimal
employee engagement
.
Developing and maintaining highly
collaborative
and effective relationships at all levels within the organization.
Actively promoting
L&G Re’s culture of ownership across the organization and being a role model for L&G’s behaviours of being Straightforward,
Collaborative
and Purposeful.
Carrying out duties with integrity,
purpose
and diligence, ensuring that appropriate professional standards are maintained, that the pricing requirements and deadlines are met, that records are maintained appropriately and that the actuarial processes are fit for
purpose
and meet internal and regulatory requirements.
Running and maintaining reinsurance contract administration systems and processes to reconcile and process regular client reinsurance premiums and claims for clients.
Qualifications
Who we’re looking for:
An Associate or Fellow Life Actuary.
A minimum of 5 years’ relevant experience within the re/insurance industry or pension consulting industry, 3 of which must be directly within pricing life/annuity business and/or structuring transactions.
Demonstrated understanding of technical aspects of external regulatory reporting, capital and solvency requirements and IFRS reporting.
Demonstrated ability to interpret financial information, identify key issues based on this information and propose controls and measure to address them.
Ability to
design and implement efficient, robust and effective actuarial processes, incorporating and managing appropriate controls.
Ability to
demonstrate strong technical actuarial skills as well as the ability to apply a balanced judgement of risks and the views of others in order to achieve business aims.
Demonstrated ability to develop effective professional relationships at all levels throughout an organisation, as well as internal stakeholder management.
Demonstrated ability to act independently, as well as part of a team, and apply sound judgement and pragmatism in order to achieve business aims.
A keen commercial aware…
