Our client, a leader in the insurance industry, is seeking a Senior Actuarial Analyst. This role involves utilizing advanced statistical methods and modeling techniques to analyze data and provide support to actuaries. Responsible for producing reports on findings and identifying liabilities and risks. He/she also identifies trends and methods for designing and pricing non-life insurance policies while verifying data sources and identifying new sources of data. Assists management and actuaries in the design and implementation of actuarial models and projects.
DUTIES & RESPONSIBILITIES
1. Implement properly the departments policies and procedures.
2. Identify and solve problems and ensure timely completion of the work.
3. Identify the changes needed in the computer programs and reports, share with Manager and maintain an updated database.
4. Compile numerical or statistical data and create mathematical or statistical diagrams or charts.
5. Assist in developing mathematical simulation models.
6. Assist in developing sales illustration tools.
7. Coordinate with Audit and Accounting on implementing legal issues affecting businesses.
8. Utilize a fully developed understanding and facility in the use of database tools for the purpose of development and analysis of experience studies, pricing, reserving and other actuarial calculations.
9. Collaborate with others in the development, implementation and/or maintenance of actuarial related software.
10. Perform the monthly batch runs (allocation, reinsurance, charging, interest) and the mathematical reserves and statistical runs.
11. Support in segregating the premiums and reserves (IFRS4).
12. Carrie out reinsurance account bordereaux.
13. Complete actuarial projects as assigned is such areas as product development and related pricing, profitability.