Actuarial Analyst (New Graduate Program)

Job Title

Actuarial Analyst (New Graduate Program)

Job Description

Pacific Life Re is investing in bright, agile and diverse talent to contribute to our mission of innovating our business and creating a superior customer experience.  We’re actively seeking talented early career actuaries to join Pacific Life we are recruiting for candidates to work from our Toronto office for local teams and teams around the world.

As an early-career actuary at Pacific Life Re, you will join the Actuarial Rotation Program within Pacific Life or Pacific Life Re.  The program provides a comprehensive approach to helping our student actuaries build well rounded careers.  Students will have the opportunity to complete several rotations as they progress toward achieving their FSA designation.  The opportunity to rotate through different positions exposes student actuaries to multiple functional and product areas and strengthen their technical skills. Our students are mentored and supported through their career development with exam study time, materials and fees covered by the company.

As a member of the Actuarial Rotation Program, you will be considered for rotational positions across the organization in our Corporate, Consumer Markets, Institutional, Workforce Benefits and International Reinsurance divisions.  Each division has actuarial teams focused on roles in valuation, modeling, risk management, as well as pricing, product design and experience studies. 

Relevant Competencies:

• Continuous Learning.  You want to continue learning and expanding both the depth and breadth of our knowledge as it pertains to our functional responsibilities and business acumen.
• Curiosity.  You demonstrate an interest in finding underlying causes and understanding how the work you do relates to our business mission and strategy.
• Adaptability. You can adjust your focus and/or approach depending on results, strategy, or business needs.

Working For Pacific Life Re

Every person in our actuarial teams is valued for the unique qualities they bring to our business, and we seek to build their expertise and support their individual ambitions at every step. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team’s connection with each other and reflect on their successes.

Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits, and we host regular social activities and well-being initiatives. We are also committed to supporting our employees’ involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.

Benefits

• Competitive salaries
• Work-life balance
• Collaborative and inclusive culture
• Social activities and events
• Formal and informal mentoring
• Learning and development options
• Corporate Social Responsibility initiatives

How you will make an impact as an Actuarial Analyst:

• Actively pursue the FSA designation through exam success supported by the company.
• Perform analysis to assess and manage risk associated with insurance and other financial products & instruments.
• Analyze and provide counsel to business leaders regarding the economic and financial costs of risk and uncertainty for the business.
• Use knowledge of advance statistical analysis, predictive modeling analytics, financial accounting, and/or actuarial research to develop, test, and validate models used in business decisions.

Qualifications & Experience:

• Degree in a relevant subject area, e.g. mathematics, statistics, data science or actuarial studies.
• One or more exams of a professional actuarial body (e.g. Society of Actuaries)
• Demonstrates an appropriate level of actuarial knowledge for their experience level.
• Awareness of systems and ability to learn: Excel, Emblem, R, SQL, Python and Tableau.
• Shows initiative, flexibility, and resourcefulness.
• Provides accurate and timely updates on status of work and escalates issues appropriately.
• Participates actively in meetings, has ‘meeting presence’.
• Ability to work well on a team as well as independently.
• Communicates in a clear and practical manner both verbally and in writing. program provides

Working For Pacific Life Re

Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team’s connection with each other and reflect on their successes.

Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee’s involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.

Benefits

• Competitive salaries

• Work-life balance

• Collaborative and inclusive culture

• Social activities and events

• Formal and informal mentoring

• Learning and development options

• Corporate Social Responsibility initiatives

• Lots of fun clubs to join!

As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.

Pacific Life Re Principles and Behaviours

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