The Role
Provide senior actuarial support including liability valuations, fee setting, sensitivity testing, modeling, and forecasting. Improve methodologies, optimize estimation processes, maintain actuarial systems, produce reports, and collaborate with Finance and stakeholders. Lead and mentor actuarial staff, support automation and process improvement, and deliver insights to senior management to inform risk assessment and strategic decisions.
Summary Generated by Built In
- Provides
actuarial support to senior management, Financial Services, and other
departments, particularly in the absence of the Chief or Senior Actuary
- Assists
in the development and refinement of actuarial methodologies, processes,
and practices aligned with organizational goals and industry standards
- Supports
the optimization of estimation processes through technical analysis and
process improvement initiatives
- Contributes
to the production and review of actuarial outputs, including liability
valuations, fee setting analyses, and sensitivity testing
- Ensures
the proper functioning and maintenance of actuarial systems and
applications
- Participates
in the preparation and enhancement of actuarial reports and documentation
- Collaborates
with Finance and other departments to ensure timely and accurate delivery
of actuarial data and insights
- Assists
in the development of performance metrics that assess professional
liability and organizational exposure
- Applies
actuarial techniques in simulation, modeling, and forecasting to support
risk assessment and strategic decision-making
- Supports
the implementation of automated solutions to streamline repetitive tasks
and enhance efficiency
- Will
assume responsibility for providing guidance to direct reports to support
their development and align priorities with corporate objectives; people
leadership responsibilities will be implemented at a later date
- Creates
and supports a team culture of continuous improvement and a work
environment that fosters teamwork, collaboration, and inclusion
Requirements
Education And Experience
- Minimum
Bachelor’s Degree in Actuarial Sciences; a comparable field of study may
be considered
- Successful
completion of FCIA (Fellow of the Canadian Institute of Actuaries) and
FCAS (Fellow of the Casualty Actuarial Society) designations is required
- Minimum
of 8 years of progressive work experience in the actuarial field
- Minimum
of 1 year of experience leading and managing a team of actuarial
professionals
- Strong
aptitude for quickly learning and utilizing new computer applications and
systems
- Strong
knowledge of financial reporting practice, valuation and ratemaking
- Working
knowledge of data analytics or data programming language preferred
- Experience
with organizing and delivering informative, thorough, and professional
presentations to all audiences
- Ability
to communicate complex financial information and concepts to a
non-technical audience
- Experience
working with senior management, executive decision-makers, and external
stakeholders
- Experience
with successfully delivering cross-functional projects and change
initiatives
- Proven
ability to lead and engage a team of professionals, ability to coach,
mentor, and motivate staff to achieve organizational and individual goals
Skills And Abilities
- Leadership: with a growth
mindset, takes a corporate, long-term view in defining and communicating goals
and outcomes to the team that provide direction, purpose, and inspiration. Sees
the "big picture" of how all functions work together to produce value
to members and stakeholders. Exceptional collaborator, communicator, and
facilitator. Fosters a positive culture of trust and respect where team members
feel valued and supported.
- Project management: develops project plans; coordinates projects; communicates
changes and progress; completes projects on time and budget; manages project
team activities; firm knowledge of project management and agile methodologies
and tools.
- Teamwork: balances team and individual responsibilities creating the right
context for self-organizing teams; exhibits objectivity and openness to others'
views; gives and welcomes feedback. Includes staff in planning,
decision-making, facilitating and process improvement. Builds and maintains
lasting relationships with other teams/ departments, key business partners, and
external parties.
- Adaptability: adapts to changes in the work environment; manages competing
demands; changes approach or method to best fit the situation; able to deal
with frequent change, delays, or unexpected events; keeps commitments. Flexible
and open to new ideas and approaches, embraces change as an opportunity for
growth. Proven ability to encourage, support, and enable change.
- Initiative: looks for and takes advantage of opportunities; presents ideas and
information in a manner that generates interest.
- Judgment: takes responsibility for decisions and actions, includes appropriate
people in decision-making process; makes informed and timely decisions. Makes
difficult decisions, when necessary, holds themselves accountable for outcomes
and learns from their mistakes.
- Analytical: synthesizes complex or diverse information; uses intuition and
experience to complement data.
- Problem-solving: uses critical thinking and analytical skills to find solutions
to challenges. Appropriately seeks input from others but takes ultimate
responsibility.
- Verbal communication: tone and approach are adjusted to fit the needs of the
audience and circumstances, listens, and gets clarification; speaks clearly and
persuasively; responds well to questions; demonstrates group presentation
skills; participates effectively in meetings.
- Written communication: writes clearly and informatively; edits work for
spelling and grammar; varies writing style to meet needs; presents numerical
data effectively.
- Conflict resolution: skilled in managing and resolving conflicts in a
constructive manner while maintaining psychological safety.
Skills Required
- Bachelor's Degree in Actuarial Sciences or comparable field
- FCIA (Fellow of the Canadian Institute of Actuaries) designation
- FCAS (Fellow of the Casualty Actuarial Society) designation
- Minimum of 8 years of progressive actuarial work experience
- Minimum of 1 year leading and managing a team of actuarial professionals
- Strong knowledge of financial reporting practice, valuation and ratemaking
- Strong aptitude for quickly learning and utilizing new computer applications and systems
- Working knowledge of data analytics or a data programming language
- Experience organizing and delivering professional presentations to diverse audiences
- Ability to communicate complex financial information to non-technical audiences
- Experience working with senior management and external stakeholders
- Experience delivering cross-functional projects and change initiatives
- Proven ability to lead, coach, mentor, and motivate actuarial staff
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The Company
What We Do
Maarut Inc. is a Canadian company specializing in IT services, technology staffing, and software development, dedicated to assisting businesses with digital transformation and solving business challenges through technology.









