Actuarial Specialist

Gore Mutual Insurance•Toronto, ON

3d•CA$97,500 - CA$147,500•Hybrid

About The Position

The Actuarial Specialist is responsible for leading the development, enhancement, and implementation of reserving, capital modelling, financial reporting, and predictive analytics solutions as an independent contributor. The role applies advanced actuarial knowledge to support business decision-making, regulatory requirements, and financial reporting while providing technical guidance and mentorship to less experienced team members. The Actuarial Specialist reports to the Actuarial Director and works in conjunction with less experienced analysts.

Requirements

Undergraduate degree in Mathematics, Actuarial Science, or Statistics and FCAS / FCIA designation with exceptions for significant experience with (near) ACAS designation
5-8 years of applicable experience in a P&C Insurance Company
Strong actuarial modelling and analytical capabilities.
Advanced proficiency with Excel and actuarial software.
Experience using SQL, Python, R, or equivalent analytical tools.
Knowledge of IFRS 17, FCT, reinsurance, planning, and capital modelling.
Strong communication and stakeholder management skills

Responsibilities

Lead complex reserving analyses and investigate trends impacting actuarial results.
Develop and enhance actuarial methodologies used in reserve valuation and financial reporting.
Review results for reasonableness and identify emerging risks or opportunities.
Communicate findings and recommendations to actuarial management and business partners.
Support development and maintenance of capital and risk models, including FCT and stress testing.
Perform scenario analysis and quantify impacts of changing business conditions.
Assist with economic capital, reinsurance, catastrophe, and risk-adjusted performance analyses.
Recommend enhancements to modelling techniques and assumptions.
Design, build, and maintain actuarial models and automated analytical processes.
Develop solutions using actuarial software, SQL, Python, R, or other analytical tools.
Improve efficiency through automation, documentation, and process optimization.
Evaluate emerging analytical techniques and industry best practices.
Support quarterly and annual actuarial reporting requirements.
Contribute to IFRS 17, capital adequacy, regulatory, and board reporting processes.
Prepare exhibits, documentation, and analysis supporting external reviews and audits.
Ensure actuarial work complies with professional standards and internal governance requirements.
Act as a subject matter expert for assigned actuarial projects and initiatives.
Provide technical guidance and peer review support to analysts and senior analysts.
Assist with training, knowledge sharing, and development of actuarial team capabilities.
Continue professional development through CAS/FCIA progression and industry research.