Actuarial Analyst
- Toronto, ON, Canada
- Greater Toronto Area, Canada, Canada
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Job details
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- English
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Original job description
Individual Actuarial Inforce & Policy Tax Analyst
Waterloo, ON (Hybrid)
Rate $40-45 hourly
16-Month Full-Time Contract
We are looking for an analytical and detail-oriented Individual Actuarial Inforce & Policy Tax Analyst to join our Inforce & Policy Tax team. In this role, you will support the administration of individual life insurance policyholder taxation, including year-end tax reporting, policy illustrations, inforce calculations, tax compliance, and operational process improvements.
As a subject matter expert, you will provide guidance on policyholder tax matters, investigate complex taxation inquiries, support actuarial inforce business operations, and contribute to automation and process enhancement initiatives.
Key Responsibilities
- Support policyholder taxation administration for individual life insurance products.
- Complete and validate year-end tax reporting and tax slip reviews.
- Review and maintain policy illustrations and inforce calculations.
- Investigate and resolve complex policyholder tax and inforce inquiries.
- Support exempt test administration and policy tax compliance requirements.
- Develop and maintain operational tools, models, and automated processes.
- Perform data analysis and validation using Excel, VBA, SQL, and Python.
- Participate in business improvement and actuarial process enhancement projects.
- Review and approve policy illustration specifications and tax calculation changes.
- Work closely with actuarial, tax, operations, technology, and business teams.
Must-Have Qualifications
- Degree in Actuarial Science, Mathematics, Finance, Business, Engineering, or a related field.
- Strong analytical and problem-solving skills.
- Advanced Microsoft Excel, including VBA development and automation.
- Strong SQL experience for data analysis and reporting.
- Experience with programming languages such as Python, C, or C++.
- Excellent communication and stakeholder management skills.
- Ability to manage multiple priorities and deadlines.
- Strong attention to detail and commitment to data accuracy.
Nice-to-Have Qualifications
- Experience within Life Insurance, Individual Insurance, or Actuarial Inforce Management.
- Knowledge of policyholder taxation, policy illustrations, exempt test processes, and tax reporting.
- Experience with insurance administration systems.
- Knowledge of life and health insurance products.
- Experience with automation tools such as PyAutoGUI, Selenium, or similar technologies.
- Actuarial or taxation-related experience in the Canadian insurance industry.
Technical Skills
- Microsoft Excel (Advanced)
- VBA / Macros / Automation
- SQL
- Python
- C / C++
- Data Analysis
- Reporting & Reconciliation
- Process Automation
- Power BI (asset)
- Selenium / PyAutoGUI (asset)
Work Arrangement
This is a hybrid role based in Waterloo, Ontario.
Employees are expected to work:
- Two consecutive days in-office every other week
- One additional in-office day per month
- Additional office attendance may be required based on business needs.
More about this job
Responsibilities
Administer individual life insurance policyholder taxation, including year-end tax reporting, tax slip reviews, policy illustrations, inforce calculations, and exempt test compliance. Investigate complex inquiries, develop and automate operational tools, validate data, and collaborate with actuarial, tax, operations, technology, and business teams on process improvements.
Requirements
A degree in actuarial science, mathematics, finance, business, engineering, or a related field is required, along with strong analytical, communication, and organizational skills. Candidates must have advanced Excel and VBA skills, strong SQL experience, and programming experience with Python, C, or C++; life insurance and policy taxation experience are assets.
Skills
- Actuarial Analysis
- Policyholder Taxation
- Advanced Excel
- VBA
- SQL
- Python
- Data Analysis
- Tax Reporting
- Policy Illustrations
- Inforce Calculations
- Process Automation
- Tax Compliance
- Stakeholder Management
- Problem-Solving
- Data Validation
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Data & Analytics
- Science & Research
Keywords
- Actuarial Science
- Individual Life Insurance
- Policyholder Taxation
- Year-End Tax Reporting
- Tax Slips
- Policy Illustrations
- Inforce Calculations
- Exempt Test
- Tax Compliance
- Microsoft Excel
- VBA
- SQL
- Python
- C
- C++
- Data Analysis
- Data Validation
- Reporting
- Reconciliation
- Process Automation
- Power BI
- Selenium
- PyAutoGUI
- Actuarial Inforce Management
- Canadian Insurance Industry