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Senior Actuarial Specialist IFRS-17

Date: Apr 4, 2021

Location: Mississauga, ON, CA, L4W 0A5

Company: CAA Club Group

About Us

Echelon Insurance provides Personal and Commercial Specialty Insurance solutions to protect Canadian families and businesses across Canada, through our trusted network of Broker partners. Echelon is a member of the CAA Club Group of Companies, and is an equal opportunity employer who offers a professional environment that champions collaboration, trust, and growth to drive success. We cultivate a great working dynamic to help us deliver what is best for our associates, Brokers, and Customers.

Who we are

Get ready to drive your career forward. Life at Echelon is fast paced, performance-driven and rewarding. We value our Associates' career growth and ongoing professional development – and we regularly recognize their achievements and outstanding results.

We are caring. We are leaders. We are innovators. We are collaborative.

We work hard and play hard. We're about doing what's right and feeling good about it.

Position Details

What You Will Do 

  • Experienced IFRS Actuarial Specialist role who enjoys challenges and takes pride in delivering complex projects 
  • Co-ordinates and leads Actuarial involvement and input into the Echelon adoption of IFRS 17;
  • Co-ordinates with the Chief Actuary, AVP, Corporate Actuarial, and other Actuarial leadership to develop and implement other Risk Management and stress testing programs;
  • Participate in determining the company’s strategic focus and business strategies.
  • Provide assistance in the production of regulator mandated actuarial reports such as the Appointed Actuary’s Report and Financial Condition Test (FCT);
  • Provide assistance in other large scale projects related to reserve valuation, capital modeling and other corporate actuarial topics, such as Own Risk Solvency Assessment (ORSA);
  • Develop and implement stress testing procedures for both actuarial and company –wide projects;
  • Provide technical guidance and act as actuarial representative while liaising with other departments.


Who You Are 

  • Bachelor's Degree in Actuarial Science/Statistics/Math
  • Minimum 5 years of experience in P&C insurance actuarial services
  • Good knowledge with Microsoft Office, as well as Reserving  and Capital modeling tools (ie Resq , Diva or Igloo)
  • Current knowledge of new regulatory developments affecting P&C insurance business 
  • Fellow of the Casualty Actuarial Society (FCAS) preferred
  • Experience in mentoring and developing internal actuarial personnel preferred
  • Good interpersonal and communications skills 
  • eam player
  • In depth knowledge of IFRS 17 accounting standard, with an ability to communicate its key details to a non-technical audience
  • Is results-driven and action-oriented
  • Proven in-depth business, industry, and technical knowledge, including best practices and standard practices
  • Adaptable and enjoys working in a fast paced environment


Our Commitment

We are an equal opportunity employer and are committed to providing employment accommodation in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act, 2005 (AODA). Echelon Insurance will provide accommodations to job applicants with disabilities throughout the recruitment process. If you require an accommodation, please notify us and we will work with you to meet your needs.