Actuarial Analyst

Swiss Re•Toronto, ON

1d•$74,000 - $110,000

About The Position

This isn't your typical entry-level role. As an Associate Actuarial Analyst in Swiss Re's Actuarial Development Program, you'll gain hands-on experience across a wide variety of actuarial disciplines — from technical modelling and valuation to client-facing work and business management. You'll rotate through meaningful assignments that challenge you, grow you, and prepare you for a long-term career in one of the most dynamic industries in the world. If you're someone who loves solving complex problems, embraces learning, and wants to make a real impact from day one, this is your opportunity. The Actuarial Development Program (ADP) at Swiss Re is more than a job — it's a career accelerator. Rather than being placed in a single team, ADP participants rotate through a variety of actuarial roles across Client Markets, Business Management, and Products. This structure is intentionally designed to give you broad exposure to the actuarial profession, helping you discover where your strengths and passions lie while building the skills needed to become a credentialed actuary. You'll be supported by experienced actuarial mentors and a community of fellow ADP participants who are on the same journey. You're analytically sharp, endlessly curious, and excited about the idea of a career that keeps evolving. You thrive in environments where no two days look the same, and you're motivated by both intellectual challenge and real-world impact. You're comfortable working independently, but you also know how to collaborate and communicate clearly — whether that's with a fellow analyst or a client. You bring attention to detail and strong organizational skills to everything you do, and you're committed to continuous learning and professional growth.

Requirements

Actuarial exam progress — at least 1 Society of Actuaries (SOA) exam successfully passed (2 or more preferred)
Exposure to programming languages such as Python or R, with a willingness to develop these skills further
MS Excel proficiency — comfortable working with complex spreadsheets, data analysis, and financial modelling
Strong written and verbal communication skills, particularly the ability to explain complex concepts clearly
Demonstrated curiosity and a growth mindset — someone who actively seeks out learning opportunities
Ability to manage multiple priorities and deadlines with a calm, organized approach
A collaborative spirit and genuine interest in being part of a community of emerging actuarial professionals

Nice To Haves

Familiarity with actuarial software such as ALFA, AXIS, or MoSes
Experience with data tools such as SAS, SQL Server, Tableau, or MSBI

Responsibilities

Build and refine pricing models that help Swiss Re assess and manage life and health risk across global markets
Test and validate mortality table updates to ensure accuracy and integrity in our actuarial assumptions
Prepare and analyze mortality and lapse experience data, contributing to periodic experience studies that inform critical business decisions
Support quarterly valuations and earnings analysis, gaining exposure to the financial reporting cycle of a leading global reinsurer
Assist in maintaining reserve valuation systems, developing a deep understanding of the technical infrastructure that underpins actuarial work
Engage with clients, reinsurance partners, regulators, and auditors, developing communication and relationship management skills alongside your technical expertise
Explore less traditional actuarial work such as client management and business strategy, broadening your perspective on what actuaries can do
Progress through Society of Actuaries (SOA) exams with the support of Swiss Re's structured exam program, including study time and financial support