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) productsAssist in formulating dividend recommendations to the Chief ActuaryPar 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 adjustmentsHelp prepare relevant reports for OSFI regulatory requirements for traditional par productsFinancial Condition Testing (FCT):
Contribute to the completion of the annual FCT processAssist in analyzing results and prepar...