At Equitable, we believe work should be a place where you feel supported, inspired, and empowered to grow. In our caring and collaborative environment, your curiosity is encouraged, your passion is recognized, and your contributions truly matter. Together, we create meaningful impact, for our clients, our communities, and each other.
The Opportunity: We're searching for an Actuarial Analyst or Associate to join our Par Valuation team. Reporting to the Director, Individual Corporate Actuarial, Traditional Participating Insurance, this position will provide the opportunity to gain a deeper understanding of Traditional Participating products and financial reporting under IFRS 17. You’ll participate in an actuarial rotation program and get the opportunity to experience and learn different areas of our business.
Equitable provides an excellent opportunity for actuaries of all levels to develop a broad skill set and offers them the experience of working on a variety of actuarial topics. The aim of the Actuarial Program at Equitable is to build strong actuarial talent that has the capabilities necessary to lead a dynamic and strong mutual life insurance company.
Equitable has an excellent actuarial student program which includes paid study time, social events and leadership and development training. Equitable has been one of the fastest growing life insurance companies in Canada and the continued success of the company relies on the strength of its people.
Work Arrangements: This is a hybrid role. You will work in our office in Waterloo, ON a minimum of two (2) assigned, consecutive days every other week, plus a fifth (5th) assigned day per month. You are welcome to work from the office more than the minimum requirement and there may be some roles that are required to work in our office more than the minimum requirement.
What you’ll do:
- Perform quarterly financial reporting under IFRS 17 for Traditional Participating products, including analysis of results
- Provide inputs to LICAT and Risk Measures reporting and for the Appointed Actuary’s Report
- Calculate new dividends reflecting recent experience and implement dividends and related assumptions in valuation models
- Participate in providing projections of actuarial reserves, cash flows, capital requirements for the business plan
- Implement new products in valuation models
- Make recommendations on process improvements
What you’ll bring:
- Strong analysis and problem-solving skills
- Ability to work in a multi-tasking environment and meet deadlines
- Proficiency in the use of MS Excel and Access
- Familiarity with actuarial software Moody’s AXIS
- Actuarial work experience, knowledge of IFRS 17 and individual insurance products are beneficial
- A minimum of 3 SOA exams preferred, and a commitment to complete the FCIA/FSA designation
What’s in it for you:
- Career Growth: Regular learning sessions and development opportunities
- Total Rewards: Incentive pay, annual salary reviews, employer-paid benefits and pension matching
- Time Away: Competitive vacation plus one paid volunteer day each year
- Flexibility: Healthy work-life balance with employee wellness always top of mind, complemented by a “dress for your day” approach
Please upload a copy of your Society of Actuaries transcript with your application.
At Equitable, we’re committed to fair pay and an inclusive, accessible hiring experience. If you need accommodations or alternative formats at any stage, just reach out to us at
[email protected]. We’re happy to help.
Your base pay will be based on your skills, qualifications, experience and education. In addition to your salary, this role is eligible for a discretionary annual incentive award tied to business performance, plus a wide range of competitive benefits.
If you’re selected to move forward, our Talent Acquisition team will walk you through all the details of our total rewards program, so you know exactly what’s included.
Reports To: Director, Individual Corporate Actuarial, Traditional Participating Insurance
Department: Corporate Actuarial
Term: Permanent Full-Time
This position is open and we are excited to find the right person to join our team.
As part of the recruitment process, you will need to go through background screening, as per our company policy.
#LI-Hybrid
