At a Glance
- Tasks: Support design and maintenance of a Global Capital Assumptions Framework for insurance risk.
- Company: Join a leading insurance firm with a focus on innovation and collaboration.
- Benefits: Competitive salary, generous leave, healthcare, and wellness programs.
- Other info: Flexible, dynamic team environment with excellent career growth opportunities.
- Why this job: Make an impact in global markets while tackling complex actuarial challenges.
- Qualifications: Strong statistical background and programming skills, especially in R.
The predicted salary is between 127800 - 149100 $ per year.
This role is particularly suited to candidates with strong statistical backgrounds looking to apply advanced modelling techniques within an actuarial context. This role will focus on supporting the design, production, and maintenance of a Global Capital Assumptions Framework for quantifying insurance risk for Economic Capital across Pacific Life Re. The framework will ultimately cover all lines of business, i.e. Mortality, Morbidity, Longevity and Capital Solutions.
The framework will include appropriate centralization, cutting edge design and methodologies, support for market entry and a target operating model that ensures efficiency of maintenance and growth. The ideal candidate will bring creativity and innovation skills, along with the confidence and resilience to tackle complex problems. A core component of the role will involve statistical research, model development and simulation-based approaches to risk calibration.
We expect the candidate to bring a strong statistical modelling background, coupled with actuarial training, and will be comfortable working with large datasets, developing and validating models, and translating research outputs into practical capital assumptions used across the business. The role offers exposure to a range of global markets and a variety of experts and senior stakeholders across functions, as well as to a range of data sources and methodologies.
Desirable Qualifications & Experience
- Qualified Fellow of the Institute and Faculty of Actuaries (IFoA) or Society of Actuaries (or similar)
- Strong statistical skills, with hands‑on experience in statistical modelling and simulation‑based approaches
- Strong programming capability is essential, particularly in R, with experience building transparent, reproducible analytical models
- Experience applying quantitative or actuarial techniques to insurance risk, capital, or pricing problems
- Excellent communication and organizational skills, with the ability to present complex statistical concepts clearly to technical and non‑technical stakeholders
- Ability to work independently while collaborating effectively within a flexible, dynamic team
Compensation
Salary Range: $127,800 - $149,100. The compensation range noted represents the company's good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location.
Work Arrangement
Full time, 12-month fixed term contract. Location: Toronto, Canada.
Benefits
- 23 days of annual leave (Regular employees) with option to buy or sell more days
- Fertility leave
- Generous parental leave
- Group Life Insurance and Accidental Death & Dismemberment coverage for all permanent employees
- Dental & Optical benefits
- RRSP: company‑matched contributions
- Employee and Family Assistance Program
- Subsidized gym membership
- Time off for volunteering
- Charitable matching of employee donations
Interim Actuary in Toronto employer: Go Fractional
At Mattamy Homes, we pride ourselves on being an exceptional employer that fosters a collaborative and innovative work culture. Located in the vibrant city of Toronto, our hybrid work model allows for flexibility while ensuring strong team connections. We offer competitive compensation, opportunities for professional growth, and a commitment to employee well-being, making us an ideal choice for those seeking meaningful and rewarding careers in digital marketing.
