Finance Actuary

Actuarial Associate

We care for humankind – and that starts with our people

Do you enjoy building relationships and working collaboratively in a team environment with both internal, external and global stakeholders? We’re looking for our next Actuarial Associate. Temple Insurance, as a Canadian licensed insurance carrier, enables business units across the Munich Re Group to write direct P&C business in Canada. Reporting to the Director, Corporate Actuarial, the Actuarial Associate will support the on-going quarterly reserving and reporting analysis for the primary business of Temple Insurance Company.

Assist with preparation of presentation of quarterly reserving results, nominal and IFRS17 bases, for various stakeholders including Central Reserving, senior management and the Board.

• Collaborate with reserving teams across the Group’s international entities and with Central Reserving in Munich to exchange knowledge, align tools and processes, and effectively leverage Group wide expertise.Perform deep dive/ad hoc innovative analysis as required
• Assist in preparing and improving the efficiency in Appointed Actuary Report preparation annually
• Maintain a collaborative/co-operative working relationship with a number of teams, included but not limited to Claims, Underwriting, Finance, Risk and the Group Central Reserving Department in Munich.
• Ensure collaboration as well as timely and quality actuarial support to various stakeholders (e.g. underwriting, claims).

Keep abreast of the Canadian and international Property & Casualty industry knowledge and developments

So are YOU our next Actuarial Associate? You ideally have a Bachelors’ Degree in Actuarial Sciences or equivalent

• You have exceptional computer skills including Microsoft Office and other computer software, including MS Word, Excel and PowerPoint;
• You have exceptional ability to make technical decisions (e.g. modeling decisions, data decisions), demonstrating sound judgement in actuarial decision making;
• You are able handle a number of diverse projects and coordinate the activities of others in a performance oriented culture;
• You ideally have knowledge of Power BI/R/similar software and predictive analytics.

You will be exposed to challenging projects and development opportunities to grow your skills and career with both local and global colleagues and partners.

• A comprehensive total rewards financial program which includes extensive flexible benefits and pension.
• Accommodations will be made for qualified applicants with a disability throughout the recruitment process. If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please contact View email address on careers.munichre.com as soon as practical so that suitable accommodations can be arranged Our base salary range for this role is between $85,425 and $110,550 per year, plus an opportunity for an annual company bonus based upon a percentage of eligible pay. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to internal equity.

This role is located in our Toronto office on 390 Bay St, and we operate in a hybrid work model.