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CRC Insurance Services

Actuarial Intern

Posted Yesterday
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In-Office
Toronto, ON
Internship
In-Office
Toronto, ON
Internship
The Actuarial Intern assists with pricing, reinsurance quotations, experience analytics, statistical analysis, and technical support under the Actuarial Manager.
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Regular or Temporary:

Temporary

Language Fluency:  English (Required)

Work Shift:

1st Shift (Canada)

Please review the following job description:

The role reports to the Actuarial Manager, Life Reinsurance with a focus on pricing and preparing reinsurance quotations, reporting, experience analytics, statistical analysis and providing technical support in response to customer requests.

KEY RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

  • Pricing and quotation of business within agreed parameters.  

  • Provide actuarial and technical support in respect of life reinsurance business (traditional and non-traditional structures) for client companies and reinsurance partners.

  • Conducting experience studies, statistical analysis and performing profitability analysis of reinsurance accounts.

EDUCATION AND EXPERIENCE
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Degree in Actuarial Science, Math, Statistics or related field (Actuarial Science strongly preferred)

  • Minimum of 2 SOA or equivalent Actuarial Exams passed (3-4 strongly preferred)

  • Good knowledge of life insurance products

  • Knowledge of pricing principles and profit testing techniques

  • Knowledge of experience analysis

  • Knowledge of sources of data for pricing purposes.

CERTIFICATIONS, LICENSES, REGISTRATIONS
None
FUNCTIONAL SKILLS

  • Proficient in Moodys/GGY AXIS

  • Proficient in MS-Office tools, especially MS-Excel and MS-Access.

  • Proficient in other statistical / data, or math related languages such as R or Python.

  • Ability to access and analyze data using SQL.

  • Strong communication skills (oral and written)

  • Strong analytical, problem-solving and decision-making skills.

General Description of Available Benefits for Eligible Employees of CRC Group: At CRC Group, we're committed to supporting every aspect of teammates' well-being – physical, emotional, financial, social, and professional. Our best-in-class benefits program is designed to care for the whole you, offering a wide range of coverage and support. Eligible full-time teammates enjoy access to medical, dental, vision, life, disability, and AD&D insurance; tax-advantaged savings accounts; and a 401(k) plan with company match. CRC Group also offers generous paid time off programs, including company holidays, vacation and sick days, new parent leave, and more. Eligible positions may also qualify for restricted stock units and/or a deferred compensation plan.

CRC Group supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. CRC Group is a Drug Free Workplace.

EEO is the Law   Pay Transparency Nondiscrimination Provision   E-Verify

Top Skills

Moodys/Ggy Axis
Ms-Access
Ms-Excel
Python
R
SQL

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