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Job Description:
Job Description
The Actuarial Specialist for Par Management and Risk Modelling is responsible for supporting the Par-related functions and initiatives, as well as producing various risk sensitivity results for Senior Management use within the Actuarial Valuation function.
Responsibilities
Dividend Study:
- Conduct comprehensive annual dividend studies for traditional participating (par) products
- Assist in formulating dividend recommendations to the Chief Actuary
Par Reporting:
- Support the delivery of the quarterly valuation related to Traditional par products such as Time Value of Guarantee (TVOG), Unallocated Dividend Liability (UDL) and Par expense adjustments
- Help prepare relevant reports for OSFI regulatory requirements for traditional par products
Financial Condition Testing (FCT):
- Contribute to the completion of the annual FCT process
- Assist in analyzing results and preparing detailed reports on potential impacts for senior management
Risk Sensitivities:
- Provide support in model development and maintenance for market and insurance risk sensitivity
- Assist in preparing quarterly market and insurance risk sensitivity reports
Ad-hoc projects depending on business needs such as but not limited to:
- Perform stochastic asset modelling using actuarial software
- Provide support on the semi-annual business plan projections
Qualifications
- University degree with a strong mathematical or statistical background
- With at least 3 SOA exams and 3 VEE passed
- At least 4 years of Actuarial-related experience
- Strong knowledge and experience in handling Actuarial modeling software, preferably AXIS
- Strong proficiency in MS Office applications
Job Category:
ActuarialPosting End Date:
27/02/2026Top Skills
What We Do
A UK company, Sun Life Financial of Canada is focused on building excellent customer service by offering the highest levels of customer care. We have been serving customers in the UK for over 100 years
