Actuarial Specialist

Job Description

The Actuarial Specialist for Par Management and Risk Modelling is responsible for supporting the Par-related functions and initiatives, as well as producing various risk sensitivity results for Senior Management use within the Actuarial Valuation function.

Responsibilities

Dividend Study:

• Conduct comprehensive annual dividend studies for traditional participating (par) products
• Assist in formulating dividend recommendations to the Chief Actuary

Par Reporting:

• Support the delivery of the quarterly valuation related to Traditional par products such as Time Value of Guarantee (TVOG), Unallocated Dividend Liability (UDL) and Par expense adjustments
• Help prepare relevant reports for OSFI regulatory requirements for traditional par products

Financial Condition Testing (FCT)...