Actuarial Consultant – HYBRID

Direct IT Recruiting

Job title:

Actuarial Consultant – HYBRID

Company

Direct IT Recruiting

Job description

OverviewNOTE: Hybrid work model, 2 days/week in Toronto, Ontario office.
TYPE: 10-month Contract
SKILLS: Actuarial modelling, ALM, Pension Regulations, Risk Management, Business Requirements, Financial Modeling Tools
INDUSTRY: Capital Markets, Investments, BankDESCRIPTION:
The Actuarial Consultant will support a team focused on managing liability risk and ensuring the long-term sustainability of a pension plan. The primary responsibility involves contributing to the redesign of an Asset-Liability Management (ALM) model, ensuring alignment with regulatory requirements and business objectives. Responsible for the timely completion of high-quality, well-designed and well-architected systems that make appropriate use of technology.Key Responsibilities:

  • Collaborate with actuarial and technical teams to develop and document business requirements for the ALM model.
  • Analyze current ALM processes, identify areas for improvement, and propose enhancements.
  • Translate complex business needs into clear, actionable requirements for development and testing.
  • Ensure compliance with relevant regulations and industry standards throughout the project.
  • Maintain detailed documentation of requirements, processes, and system changes.
  • Support testing activities by developing methodologies and tools to ensure alignment with business needs.

REQUIREMENTS:

  • 3-5 years of experience in asset-liability modelling within the pension or financial industry.
  • Strong actuarial background with pension regulations, risk management, and financial products expertise.
  • Experience in creating business requirements for actuarial or financial systems.
  • Strong communication and analytical skills, with the ability to work collaboratively across teams.
  • Familiarity with ALM systems or financial modelling tools is a plus.

Expected salary

Location

Toronto, ON

Job date

Sun, 26 Jan 2025 03:00:25 GMT

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