Finance Actuary

Actuarial Analyst

We care for humankind – and that starts with our people
Do you enjoy building relationships and working collaboratively in a team environment while being provided the opportunity to develop your skills for actuarial fellowship? As someone with excellent communication, technical and organizational skills, you will utilize exceptional interpersonal and influencing skills across all levels of the organization.

We’re looking for our next Actuarial Analyst. The Actuarial Analyst is responsible for assisting the corporate actuarial reserving department in performing and enhancing quarterly reserving analyses and reporting for both primary and reinsurance business. You will support the delivery of timely and accurate actuarial analyses related to quarterly reserving, financial reporting, and monitoring changes in actuarial estimates. This role provides exposure to enterprise‑wide actuarial processes, financial statements, and interactions with Finance, Risk, and senior actuarial leadership. The successful candidate will apply actuarial techniques, and analytical skills to support management decision‑making and both local and group reporting. This role is based out of our Toronto office.

Maintain and improve internal reserving databases, including reserve class mappings and data reconciliation

• Maintain and improve quarterly reserving system files including rolling forward projects each quarter and importing the most recent data.
• Perform actual versus expected analysis, including explanation of large movements during the quarter.
• Assist with technical accounting to complete quarterly reports to P&C and year-end reports for OSFI.
• Assist in preparing Appointed Actuary Report annually
• Assist in producing data for risk capital model, retrocession, earthquake accumulation and financial planning.
• Assist with Financial Condition Testing analysis
• Perform deep dive/ad hoc innovative analysis as required
• So are YOU our next Actuarial Analyst? Completed Bachelor’s degree in actuarial science, mathematics, statistics, or equivalent
• 1 to 3 years’ experience as an actuarial analyst in the property & casualty industry.
• Excellent analytical, problem solving, risk evaluation and decision making skills.
• Excellent organizational, planning, and time management skills.
• Excellent computer skills, including experience with spreadsheet and database applications.
• You ideally have knowledge of Power BI/R/similar software and predictive analytics.

• Mentorship from experienced actuaries who are invested in your professional growth and success.
• 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 Voir email sur careers.munichre.com base salary range for this role is between $78,370 and $101,420 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.