The Toronto APL Special Interest Group - APL Skills Database P.O. Box 55, Adelaide Street Post Office, Toronto, Ontario, M5C 2H8 email: info@torontoapl.org or apl_jobs@acm.org website: http://www.torontoapl.org =================================================================== October/November 2001 0. Lingo Allegro, Midwest US 1. CIBC, Toronto 2. SunLife, Toronto 3. Agent, North Burbs, IL 4. CNA Life, Chicago, IL 5. Agent, Syracuse, NY 6. Coulter and Assoc. Inc., Princeton, NJ 7. Manulife, Toronto =================================================================== 0. Lingo Allegro, Midwest US From: "Steven J. Halasz" To: Subject: APL position Date: Thu, 8 Nov 2001 13:44:51 -0600 Lingo Allegro USA Inc. is looking for an APL programmer to join its successful consulting team in the Midwest. Successful candidates must have at least three years' experience with APL. This position is located in the Chicago, Illinois area. Under the terms of the NAFTA agreement, Canadians holding a four-year college degree can enter and work in the United States with a minimum of immigration formality. In addition, persons from other countries holding or seeking an H visa will be considered. Employee Benefits include comprehensive health care insurance and relocation assistance. Please contact Steve Halasz via email at sjh@sjhalasz.com with your resume and salary requirements. Principals only, please! =================================================================== 1. CIBC, Toronto Actuarial Analyst Location: Mississauga Job Category: insurance industry: Banking/Finance Company URL: http://www.cibc.com Year(s) of Experience Date Posted: Oct 24, 2001 Listing Source: http://cibc.njoyn.com/CIBC/ex/JobBoards/JobBoards_jobdetails.asp?CLID=049229&BDID=153&JID=J1001-0129 Job order - J1001-0129 - Full Time position Title Actuarial Analyst Category Insurance/Actuary Enter Date 24/10/2001 Job Description To provide product support for a group of related life insurance products in terms of pricing, product development, performance analysis, and reporting. The incumbent will be responsible for developing and maintaining actuarial models for measuring product profitability, pricing, and valuation. The incumbent will provide support for the corporate actuarial and statutory reporting responsibilities, which will include running and reporting of monthly valuation results and assisting in development of the company's annual business plan. Accountabilities of Position: ? Apply actuarial principals to the pricing, risk analysis and profitability analysis of the CIBC insurance products. ? Valuation results and analysis are calculated and prepared monthly. ? Information must be collected from various sources within and external to the company, and the results are used in the monthly financial statements. ? Provide support for on going to the Appointed Actuary while ensuring that all required work is completed timely and according to the professional and regulatory standards. Job complexities/Challenges: ? Incumbent must work within tight deadlines, especially when completing month end and year-end work. ? Incumbent is expected to gain in depth understanding of the CIBC insurance products, operations, and processes. ? Incumbent must have the ability to move from purely technical to an analytical job. There is an increased responsibility to provide opinions, guidance, and recommendations in conjunction with output delivered. Business Unit Description: Creditor Insurance is an integral part of the lending offer and is something that should be offered to customers at every opportunity and hear first hand from customers, your fellow employees and CIBC senior management on the importance of Creditor Insurance protection. Requirements: Competencies: (i.e. skills and knowledge) ? Completed at least exam 1 and 2 towards the FSA designation and a relevant experience. ? Experience in developing actuarial models using AXIS for a purpose of pricing, valuation, and product profitability measure. ? Developed knowledge of practices, procedures and principles of product management and analysis including actuarial practices and techniques with respect to pricing and valuation liabilities ? Creative skills sufficient to resolve problems identify innovative alternatives or opportunities. ? Strong system skills and experience - desired experience in APL, AXIS, MS ? Excel, MS Access, SQL, and VBA. ? Working knowledge and experience in using relational databases. The required attributes are: ? Conceptual thinker ? Initiative ? Results oriented ? Analytical/systematic thinker ? Creative ? Decisive ? Team builder Special conditions: CIBC and its subsidiaries and affiliated companies are equal opportunity employers committed to diversity in the workforce and equal access to opportunities. Skills Valuations Analytical Support Microsoft Access Microsoft Excel SQL Product Management =================================================================== 2. SunLife, Toronto Actuarial Analyst/Int. Actuarial Analyst/Sr. Actuarial Analyst Location: Toronto, ON Job Category: other industry: Financial Company URL: http://www.sunlife.ca Year(s) of Experience 1 Date Posted: Oct 1, 2001 The incumbent will be responsible for - Maintenance and control of AXIS model for Long Term Disability - Group health experience studies, including maintenance of programs and development of new studies - Development and maintenance of tools and processes to ensure accuracy of data used in valuation - Month-end and quarter-end valuation on a back up basis - Quarterly cash flow testing, as well as associated analyses and reporting - Quarterly Embedded Value production. Assisting in the continuing development work on Embedded Value, and to improve existing models/processes - Support the Valuation Actuary in development of new and enhanced information tools to facilitate financial management - Special projects as required on an adhoc basis - Documentation and maintenance of such with respect to all responsibilities undertaken Qualifications: - Actuarial student with 4/5 examinations, and a minimum of 1 to 2 years working experience. Non-writing students (career ASA), will also be considered - Strong analytical and problem solving skills - Knowledge in AXIS, MS Access, MS Excel, Visual Basic, TSO. Some knowledge of APL is an asset but not essential - Experience with group benefits an asset but not a must have - Good interpersonal and communcation skills, both oral and written - Good time management and ability to effectively manage more than one project at a time =================================================================== 3. Agent, North Burbs, IL US-IL-North Burbs, IL-APL Developer * Use APL programming language as a software application developer on MAINFRAME systems (MVS or VM) or IBM RS/6000 workstations. * Need to have experience writing APL and maintaining full life-cycle applications. The most important factors for us in a candidate are very strong APL (APL PLUS is preferred), very strong interpersonal skills (daily face to face dealing with clients is a certainty in this job), IBM mainframe programming experience, TSO/ISPF, MVS JCL, IBM System Utilities, EXCEL, ORACLE, COBOL and WebFocus would be pluses but not critical. Additional Information Position Type: Temporary/Contract/Project Ref Code: 1747 Contact Information Rose Simbol or Julie James jobs@erpsos.com ERP Software Solutions 125 Fairfield Way, Suite #290 Bloomingdale IL 60108 Ph: 888-560-4377 Fax: 630-604-1574 =================================================================== 4. CNA Life, Chicago, IL US-IL-CHICAGO-ACTUARIAL ANALYST CNA Life provides financial protection to individuals through a full product line of term life, universal life, long term care, annuities and other products. CNA Life provides retirement services to institutions in the form of various investment products and administrative services. CNA Life works with a wide range of distributors, including managing general agencies, insurance consultants, and CNA Life Sales Offices. Experience Set (Must have each of the following): - Experience with Microsoft Office products - Working knowledge of at least one, and preferably two, of the following life company product categories from either a valuation, product development, or modeling perspective: 1. Traditional life insurance (individual or group, par and/or non-par) 2. Interest-sensitive life insurance (UL, etc.) 3. Single and flexible premium deferred annuities 4. Group pension products (GICs, SPGAs, IPGs, etc.) 5. LTC / LTD (individual and/or group) - Understanding of basic concepts of at least one other of above product categories - Successfully passed two or more SOA exams to-date (new syllabus) and planning to continue Flexible Skill/Experience Set (Should have at least two of the following in any combination): · Experience proficiency with database software and/or Visual Basic / APL programming / IBM mainframe programming · Working knowledge of one of the following liability/asset categories from either a valuation, product development, or modeling perspective: 1. Variable products 2. Life reinsurance 3. Investments including fixed income assets 4. Any large P/C product group · Understands basic concepts of three of the above liability/asset categories · Successfully passed at least CFA 1 or is an EA or CPA or owns a securities license · Direct project familiarity with eithor ALFA or PTS · Direct project familiarity with eithor TAS, AXIS, or other sophisticated internal company or consulting firm system. · Team player · Self-starter · Strong verbal & written communications · Technical competence · Attentive to details yet able to retain 'big picture' perspective · Ability to meet deadlines Position Responsibilities - ALM Risk Modeling Student Build, maintain, and adapt models for variety of ALM projects including but not limited to cash flow testing, risk modeling, crediting strategy optimization, duration analysis, and capital allocation. Regular reporting of results to appropriate audiences. Requires direct interaction with product units to learn products and develop models which accurately reflect development and management strategies. Other: This position affords the individual interested in financial actuarial work the opportunity to be part of an organization with strong financial expertise and the potential for exposure to a large variety of insurance products, both individual and group. Career development includes the chance to learn from experienced financial actuaries, and be part of a growing and successful CNA Life organization. Listed duties, responsibilities, requirements and functions are not meant to be all inclusive. One of the many advantages of working at CNA is the exceptional benefit program which includes: medical, dental, vision, Savings and Accumulation Plan (S-CAP) with company contributions, prescription drug plan, flexible spending accounts, sick and disability benefits, life, tuition reimbursement, customer based hours, a professional casual dress code, and an Employee Assistance Program (EAP). CNA is an Equal Opportunity Employer committed to a diverse work culture, M/F/D/V. For more information on CNA, please visit our web site at www.cna.com E-mail responses must be in ASCII text, no attachments please. Please include the reference code on all responses. All resumes will be scanned, stored in our on-line resume database, and will be evaluated as appropriate. Additional Information Position Type: Full Time Ref Code: 2001-1578M Contact Information kathryn.kramer@cna.com CNA CNA PLAZA CHICAGO IL 60685 =================================================================== 5. Agent, Syracuse, NY US-NY-Syracuse-Actuarial Analyst / SAS RESPONSIBILITES: Analyze, evaluate and synthesize all data necessary to supply plan management statistical information needed in making corporate decisions. Identify trends. Develop financial and claims projections. Measure, monitor, review and update various rating formulas. Design, maintain and enhance statistical systems to ensure efficient and accurate actuarial functions. REQUIREMENTS: Minimum of two years actuarial experience in the healthcare or insurance industry. Knowledge of statistical science and a minimum of three years associated experience. Completion of at least one Society of Actuaries exam is required. A full fellowship is highly desired. Expertise in EDP, SAS, APL and MS Excel. Excellent written and oral communication skills. Interested applicants should e-mail their resume in Microsoft Word format to jobs@itpro-inc.com. IT Professionals, Inc. is a staffing firm that provides information technology professionals on a contract and direct hire basis. There are no fees to the candidate who uses our services. The relationship with our candidates is strictly confidential and we submit resumes to our clients only with prior approval from the candidate. Please visit our website at www.itpro-inc.com for additional information on our company. IT Professionals, Inc. is an equal opportunity employer. Additional Information Position Type: Full Time Contact Information jobs@itpro-inc.com IT Professionals Inc. 318 S. Clinton St. Syracuse NY 13202 Ph: 315-425-5252 Fax: 315-425-9867 =================================================================== 6. Coulter and Assoc. Inc., Princeton, NJ US-NJ-Princeton-Actuarial Analyst Coulter and Associates, Inc. has an opportunity available for an Actuarial Analyst. We are an actuarial services practice located in Princeton, NJ. The qualified individual will provide services and solutions to insurance and financial services clients. Projects will be related to various areas of expertise including product development, financial reporting, reinsurance, mergers and acquisitions, and regulatory compliance. Position requires Bachelor’s Degree or equivalent experience; 2+ years of actuarial experience and 2+ actuarial exams; good technical actuarial skills; goals/results oriented; team player. Experience with Microsoft Office software applications, VBA, and APL are also highly desirable. We offer a competitive salary and comprehensive benefits package including 401(k). For immediate consideration please forward your resume via email. No agencies please. Additional Information Salary: $55,000.00 to $65,000.00 per year Position Type: Full Time Contact Information Roberta@coulter-and-associates.com Coulter and Associates, Inc. 379 Princeton-Hightstown Road, Suite 15 Cranbury NJ 08512 =================================================================== 7. Manulife, Toronto Manager/Director Asset Liability Management Location: Toronto; ON Job Category: financial - other, management - other Industry: Insurance - Life Company URL: http://www.manulife.com/careers Date Posted: Nov 2, 2001 Description Manulife Financial is a leading Canadian-based financial services company operating in 15 countries and territories worldwide. Through its extensive network of employees, agents and distribution partners, Manulife Financial offers clients a diverse range of financial protection products and wealth management services. Funds under management by Manulife Financial (Manulife Financial Corporation and its affiliated companies) were Cdn$140.9 billion as at June 30, 2001. Manulife Financial Corporation trades as ‘MFC’ on the TSE, NYSE and PSE, and under ‘0945’ on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com. The Asset Liability Management group has the mandate to play a leadership role in the identification and assessment of ALM related risks globally along with the development of an effective risk management infrastructure and strategies to support the company’s business strategies and financial objectives. A vacancy currently exists in the annuity and pension funds area of the group. The incumbent in this position will report to the AVP, Asset Liability Management. S/he will gain significant exposure to risk management and monitoring techniques of cash flow/duration matched funds as well as global asset mix management. The incumbent will work with a group of actuarial and investment professionals and will supervise two actuarial students. Responsibilities: Act as a key contact person between the bond desk and business units. Provide necessary ALM support for new product development. Develop processes and spreadsheets/programs for interest rate risk reporting, investment direction issuance, and investment gains/losses calculation for new products, and improve current processes for existing products. Ensure that the production team has the tools needed to generate risk reports, provide portfolio rebalancing direction, and determine investment gain/loss on an ongoing basis. This involves both ongoing software support and ad hoc investigation of issues that may arise. Be involved in ALM system develop/implementation/upgrade. Provide ALM support for pre-deal and post-deal M&A activities. Qualifications: Excellent analytical and problem solving skills. Strong interpersonal and communications skills. Proactive, work independently and able to manage multi-tasks at one time and meet demanding deadlines. Working knowledge in Visual Basic for Excel is necessary. Knowledge/experience with AXIS and APL is helpful. Recent FSA/FCIA or CFA/MBA Undergraduate degree in math., actuarial or physical sciences In-depth knowledge plus 3/6 years experience in fixed income securities and/or in-depth knowledge of annuity or pension products Knowledge of insurance valuation or financial reporting is helpful ALM experience is helpful Location: CA-ON Toronto - 200 Bloor St. E. Organization: Finance and Actuarial Schedule: Full-time Closing: Nov.16,2001 =================================================================== Notes ===== This employment information is part of the Toronto APL SIG APL Skills Database. This text contains job descriptions which have been forwarded to us from companies seeking APL-skilled personnel, or have been gathered from other sources and Internet job posting sites. Note that some overlap may exist in these job descriptions. The Toronto APL SIG does not attempt to represent, explain or in any way favour any of these companies. We do not have any further information about these positions other than what appears here. It is your responsibility, having now been informed that the following positions may be available, to contact these employers yourself for the jobs that are of interest. The Toronto APL SIG will also not become involved in representing, recommending or selecting any employment candidates to any of the listed employers. FEEDBACK PLEASE! 1. Please mention the fact that the APL Skills Database was important in helping you to find this employment opportunity when you contact the above employers. 2. Please inform the Toronto APL SIG if your job search efforts are successful as a result of the APL Skills Database. This feedback is necessary for us to continue providing our members with this service. 3. 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