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BMO
BMO

Senior Valuation Actuarial Associate

Posted Yesterday

Job Description

Application Deadline:

05/05/2024

Address:
60 Yonge Street

To execute the calculations and analysis required for financial and management reporting and provides support to the actuarial production of work.

Responsibilities:
  • Conducts financial reporting and analysis to support strategic decision-making.
  • Conducts independent analysis and assessment to resolve issues.
  • Focuses on more complex insurance products, (e.g., Segregated fund).
  • Leads/participates in the design, implementation, and management of core business/group processes.
  • Collaborates with the team to plan tasks effectively and manage projects efficiently
  • Implements controls and checks to validate results and ensure accuracy.
  • Supports internal and external auditors, ensuring compliance with regulatory standards.
  • Works independently and regularly handles non-routine situations.

Qualifications:
  • ASA with at least 5 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
  • Minimum of 3+ years' actuarial experience in life insurance.
  • In-depth understanding of Corporate Reporting Process.
  • In-depth knowledge of various systems (Moody's AXIS, Excel, Access).
  • In-depth knowledge of IFRS17.
  • In-depth product knowledge of Traditional, Term, and Universal Life products.
  • In-depth knowledge of Segregated Fund is preferred.
Skills
  • Verbal & written communication skills - In-depth.
  • Collaboration & team skills - In-depth.
  • Analytical and problem solving skills - In-depth.
  • Influence skills - In-depth.
  • Data driven decision making - In-depth.
Grade:
7
Job Category:
Individual Contributor / Collaborateur
We're here to help

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other's differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

About BMO

THERE’S NEVER BEEN A BETTER TIME TO BE PART OF BMO. We’ve set our sights on being the bank that defines great customer experience. Our customers’ needs are changing and so are we. Everyone who works here has a role to play in making a difference for our customers. Every day. It’s an amazing feeling when you know you’re making a customer’s life better, and you can do it at BMO – whether you’re imagining a new product, designing a customer experience, streamlining an application, launching a marketing campaign or just being there in a very human way with the right answer.

Industry

Banking & Finance

Company Size

10,000+ employees

Application closing date is 2024-07-20

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