ACTUARIAL CONSULTANT

Jobinhalt

Who Is Allstate

Allstate Insurance Company of Canada is a leading home and auto insurer focused on providing its customers prevention and protection products and services for every stage of life. The company is proud to have been named a Best Employer in Canada for nine consecutive years and prioritizes supporting employees and fostering an inclusive, welcoming corporate culture. Allstate is committed to making a positive difference in the communities in which it operates through partnerships with charitable organizations, employee giving and volunteerism. Serving Canadians since 1953, Allstate strives to provide reassurance with its "You’re in Good Hands®" promise.

Through our Employee Value Proposition, Opportunity, Flexibility, Community, Diversity and Family, we have worked hard to develop and nurture a culture where employees feel valued, experience personal growth, have career options and truly enjoy the work they do.

Role Designation: Hybrid 1-2 days in Office

Benefits To Joining Allstate

• Flexible Work Arrangements
• Employee discounts (15% on auto and property insurance, plus many other products and services)
• Good Office program (receive up to 400$ back after purchasing office equipment)
• Student Loan Payment Matching Program for Government Student loans
• Comprehensive Retirement Savings Program with employer matched contributions
• Annual Wellness allowance to support employees with improving health and wellbeing
• Personal reflection day
• Tuition Reimbursement
• Working within the community and giving back!

Job Description

Our growing team is looking for actuarial professionals more specifically for an Actuarial Consultant on the Actuarial Financial Modeling (AFM) team. This position will report to the AFM Director and be part of the Corporate Risk and Data Analytics (CRD&A) Team at Allstate Canada Group (ACG). In the AFM team, our focus is on three main accountabilities: IFRS17, economic capital model and supporting the Financial Condition Testing (FCT) update. Day-to-day work requires close collaboration with stakeholders in the actuarial and finance teams along with the external Appointed Actuary’s team. The AFM team members are eligible to Allstate’s Actuarial program, which offers future opportunities to rotate within other actuarial roles during your career (Pricing, Data Science, Claims Intelligence and Risk Analytics).

As an Actuarial Consultant, your strength will be the technical knowledge and coordination skills you bring in actively participating in the diversified duties from IFRS 17 to capital modeling and FCT. We are looking for a confident individual with strong analytical and communication skills along with a great ability to prioritize projects and manage tight deadlines. An ambitious individual who is eager to influence and drive the results for the organization would be a great fit for this role.

Accountabilities

• Act as a Subject Matter Expert in cross-functional projects, primarily IFRS 17 implementation project and Economic Capital Model update and maintenance
• Function as a liaison between business units and systems or other areas of responsibility based on the projects assigned to
• Develop and maintain ResQ and IGLOO models supporting Economic Capital and IFRS 17
• Communicate complex analyses and results to colleagues and business partners and provide recommendations
• Provide required services to support the Director, Actuarial Financial Modeling (AFM) with IFRS 17 actuarial deliverables, economic capital model updates and maintenance and Financial Condition Testing (FCT) coordination
• Ensure adherence to CAS and the CIA Standards of Practice
• Participate in the planning and assignment of the team’s tasks

Qualifications

• Undergraduate degree in Actuarial Science or a relevant discipline
• Minimum of 4 years Property and Casualty experience in an analytical position, preferably in corporate actuarial
• ACAS/FCAS preferred
• Strong knowledge of CIA Standards of Practice and regulatory requirements
• Good knowledge of corporate actuarial concepts related to capital modeling and FCT
• Strong communication skills and comfortable presenting to various audiences
• Efficient at using Microsoft applications. ResQ/Igloo experience is an asset
• Ability to adapt and utilize new ideas, techniques and opportunities for improving effectiveness, performance, and productivity

Allstate Canada Group has policies and practices that provide workplace accommodations. If you require accommodation please let us know and we will work with you to meet your needs.