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 =================================================================== *Note: These bulletins MAY now contain ONLY messages sent directly to and are posted as soon as possible to subscribers. For other typical postings, we recommend you visit the searchable job sites listed at the bottom of the APL Skills Database website page, and search each of these with the keyword 'apl'. **Note: job-seekers are advised to APPLY DIRECTLY TO THE EMPLOYERS listed in the job bulletins. DO NOT submit your application to the Toronto APL SIG/APL Skills Database. May/June 2003 1. Sun Life, Wellesley Hills, MA 2. Thomas Schinbein Actuarial Services Inc., London, ON 3. AEGON Canada Inc., Toronto 4. Dominion of Canada General Insurance Co., Toronto 5. Manulife, Toronto 6. Cognos, Bloomington, MN 7. ING U.S. Financial Services, (2 positions) =================================================================== 1. Sun Life, Wellesley Hills, MA from: http://www.sunlife-usa.com/careers/actuarial.cfm Sun Life Job Title FINANCE ACTUARY City Wellesley Hills State MA Position Summary The incumbent is an experienced Fellow of the Society of Actuaries (FSA). This officer position should have a working knowledge of actuarial forecasting with a concentration involving life, annuity and group insurance business. Position Responsibilities Prepare and act as US corporate lead for the actuarial aspects of the Dynamic Capital Adequacy Testing (DCAT), Long Term Planning financial forecasts, and the Capital development under the internal financial management methodology, the NAIC Risk Based Capital (RBC) and CAS Minimum Continuing Capital and Surplus Requirements (MCCSR). Position also is the US corporate Financial Actuarial area's ALFA modeling tool software representative. Position Requirements Recent FSA with 2+ years of experience. Diverse experience with exposure to multiple lines of business, including investments, can work in both as an individual contributor and team environment, project management skills, computer savvy, with excel, Alfa (learned requirement with training provided), and APL languages preferred. verbal and written communication skills, listening skills, as well as presentation skills, and overall ability to influence others =================================================================== 2. Thomas Schinbein Actuarial Services Inc., London, ON from: www.workopolis.com ACTUARIAL ASSISTANT Location: London, ON Job Category: other Industry: Services Date Posted: May 25, 2003 ACTUARIAL ASSISTANT We have an immediate opening for an Actuarial Assistant in a firm specializing in actuarial evidence. The ideal candidate will have a degree in Actuarial Science and one Society of Actuaries exam. Knowledge of Windows 98, word processing and spreadsheet software is required and APL an asset. Please submit your resume by fax: Thomas P. Schinbein - THOMAS SCHINBEIN ACTUARIAL SERVICES INC. Suite 500, 111 Waterloo Street London, ON N6B 2M4 Phone: (519) 438-5552 Fax: (519) 438-1178 Email: actuary@execulink.com =================================================================== 3. AEGON Canada Inc., Toronto from: www.workopolis.com Actuarial Associate Job Type: Full Time Location: Scarborough, ON/ Toronto, ON Job Category: Financial, Insurance Industry: Financial Company URL: http://www.transamerica.ca Date Posted: Apr 25, 2003 AEGON Canada Inc. provides wealth management solutions to Canadians. A rapidly growing company, we are dedicated to becoming a leader in the Canadian marketplace, and creating better futures for our distributors, customers and employees. With global reach and a local focus, AEGON Canada is a medium-sized and growing organization headquartered in Toronto, providing clients, distributors and advisors with the personal attention of a Canadian Firm, within the wider context of an expanding international enterprise. Our wealth management and wealth protection offerings include life insurance, investment products, segregated funds, mutual funds and money management services. AEGON Canada companies include: Transamerica Life Canada, Money Concepts (Canada) Limited, AEGON Dealer Services Canada Inc., AEGON Capital Management Inc. and AEGON Fund Management Inc. Join a dynamic and entrepreneurial work force comprised of over 900 employees across Canada. AEGON Canada offers a competitive compensation package and benefits. Become part of our growing financial-services organization, where you can contribute to building a premiere wealth management company. Primary Responsibilities: The actuarial associate assists the manager within Corporate Actuarial in managing an efficient work schedule and providing expertise on specific requests related to the following: Assist with valuation of annuities, life products, and/or seg funds Maintain reinsurance administration system Maintain valuation programs Assist with various month end reporting requirements Interaction with other departments such as financial reporting Qualifications: The ideal candidate will have completed a minimum of 4 parts towards accreditation in the Society of Actuaries. The qualifications listed below are preferable Excellent problem solving and analytical skills Excellent written and verbal communication skills Knowledge of Microsoft Office Highly developed skills in AXIS and/or the APL programming language Previous exposure to various aspects of an actuarial department We thank all those who apply, however, only those candidates selected for an interview will be contacted. No agencies, please. =================================================================== 4. Dominion of Canada General Insurance Co., Toronto from: www.workopolis.com Senior Actuarial Analyst Job Type: Full Time Location: Toronto, ON Job Category: Analyst, Insurance Industry: Insurance - Property & Casualty Year(s) of Experience: 4 Number Of Positions: 1 Date Posted: May 9, 2003 The Dominion of Canada General Insurance Company has been serving the insurance needs of Canadians for over 100 years. Founded in 1887, with Sir John A. Macdonald as our first president, we have built a rich tradition of experience and industry know-how. Still 100% Canadian owned, today we are one of Canada's largest property and casualty insurance companies. With offices across Canada and nearly 900 employees, we are proud to provide high quality home, automobile and business insurance products to Canadians. We currently have a fulltime opportunity for a Senior Actuarial Analyst in our Head Office. SUMMARY Carries out analyses of an actuarial nature to meet Actuarial department’s objectives. Determines analysis methods, assumptions, and parameter choices with minimal direction. JOB DUTIES - Completes ratemaking, reserving, or reinsurance analyses at an advanced level in order to detect potential trends and determine the impact of underlying assumptions. - Implements agreed upon changes as a result of analyses completed. - Develops new pricing, reserving, or capital adequacy testing procedures in order to improve the quality and efficiency of the associated actuarial procedure. - Carries out assigned special actuarial projects to meet Vice-President & Chief Actuary’s requirements. - Delegates and supervises duties of co-op student. Provides guidance and peer review for work delegated to the Actuarial Analysts by the Assistant Vice President, Actuarial. SKILL AND EXPERIENCE REQUIRED Education: Minimum - University degree in actuarial, math, statistics, engineering, or other related field, and 4 CAS exams as per the CAS Syllabus of Examinations effective January 1, 2000. Experience: Minimum - Demonstrated competency and knowledge of actuarial ratemaking and/or reserving concepts. 4 - 5 years Experience required. Technical Skills: Computer literate - (i.e., TSO, Easytrieve extraction on premium and loss data files, CICS for verifying PMS policy and claim information, Excel, Word, Access, and other specialized software as required, e.g., IRAS, Affinity, APL). Ratemaking and reserving knowledge, familiarity with actuarial terms and definitions, and intermediate understanding of overall P&C insurance operations. Ability to determine accuracy and relevancy of data and methods through previous experience and CAS examination knowledge. Performance Skills: Technical ability, ability to learn, organization and planning, team player, analytical, problem solving, written and spoken communications. =================================================================== 5. Manulife, Toronto from: www.workopolis.com Career ASA Corporate Insurance Product and Pricing Location: Toronto/ ON Job Category: Financial, Insurance, Marketing, Sales Industry: Insurance - Life Company URL: http://www.manulife.com Date Posted: May 9, 2003 Description A challenging opportunity exists for a successful, motivated individual to join the USI Corporate Insurance Product and Pricing team. This vacancy is for a career Associate of the Society (ASA) and is not part of our Actuarial Student Program. The Pricing Actuarial unit of USI COLI Product Management is accountable for the pricing of all US Corporate Owned Insurance new business and inforce products, including Corporate Universal Life and Variable Universal Life issued on a single-life basis. We are key participants in the product development process, inforce management and macro pricing/financial analysis. You will work directly with the product managers, contract analysts, and systems designers. You will also be responsible to support the Pricing Actuary for communication with the financial actuaries and analysts, as well as the corporate actuaries. The role in USI Corporate Product Pricing is to support the pricing actuary in the new business product development and pricing projects as well as regular pricing/financial analyses of our inforce portfolio. The successful individual will gain significant hands-on experience designing, modeling and pricing individual insurance products in an interactive, cross-functional environment. Other responsibilities include: experience analysis to determine pricing assumptions, illustration system design support, financial reporting on new business and inforce business, valuation analysis support, and consultation to marketing and sales staff on technical product questions and special pricing. Qualifications Excellent mathematical, analytical and problem solving skills Motivation and ability to learn complex concepts, quickly and in depth Strong technical communication skills Enthusiasm, responsiveness, ability to work with a team Working knowledge of systems design and programming. Ability to independently prioritize multiple tasks. Ability to produce quality work in a timely manner, sometimes under deadline pressure A career ASA would be desirable but will consider others with fewer actuarial exams but a strong technical insurance background. Post Secondary Degree, preferably in actuarial science, mathematics, or sciences, or equivalent experience Helpful: Prior experience in an Actuarial Student Program Working knowledge of APL, Excel, and AXIS is an asset. Prior work experience in individual insurance. Manulife Financial is a leading Canadian-based financial services group 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 were Cdn$141.6 billion as at March 31, 2003. Manulife Financial Corporation trades as MFC on the TSX, NYSE and PSE, and under 0945 on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com. Profile Locations CA-ON-*Toronto Organization US Division - Canadian Domiciled Schedule Full-time Additional Information Posting Date May 09, 2003 Unposting Date June 06, 2003 =================================================================== 6. Cognos, Bloomington, MN from: www.monster.com US-MN-Bloomington-Intermediate Development Support Engineer The Cognos Planning development team is looking for an Intermediate Development Support Engineer to work on the Cognos Enterprise Planning products. The ideal candidate will have many years of load and stress testing experience of a variety of applications. An ability to document the results of tests in a way that can be given to customers is essential. We are looking for a self-motivated individual with a drive for improving the products being worked on. The work will involve defining the requirements and coding of the test, setup of machines to execute the test on, execution of the test, and post test analysis. The Challenge *Participate in the design and implementation of load, stress, and endurance testing for the products. *Execute load tests for customers in a professional manner. *Author detailed test results so that metrics can be determined. *Assist developers in ensuring that their code is testable. *Determine metrics and benchmarks for existing and future products and the ability to design tests to verify those numbers. Your Expertise *Minimum of three years on the job experience *A solid understanding of WinRunner *Experience with NT development environments is required *Experience or ability to quickly learn LoadRunner is required *Experience with Microsoft Application Center and other clustering technologies is highly desirable *Experience monitoring clusters of servers is beneficial *Ability to work without supervision and as a member of a team *Sound communication and interpersonal skills *Experience automating APL applications a plus Location: Bloomington, MN Additional Information Position Type: Full Time, Permanent US4115 =================================================================== 7. ING U.S. Financial Services, (2 positions) from: www.monster.com US-CO-Denver-Senior Actuarial Associate : Status: Full Time, Employee Reference Code: 4377HS/MTR What is ING?: ING U.S. Financial Services is a vital part of worldwide ING Group, one of the largest diversified financial services organizations in the world with operations in more than 65 countries and 110,000 employees. We're a leading provider of financial products and services for individuals and businesses, including life insurance, annuities, mutual funds, retirement plans and employee benefits. ING recognizes the critical role our employees play in our success as a company - we understand the link between customer satisfaction and employee satisfaction. As a result, we're building a different work experience for our employees, an experience that appeals to what they value most in a work relationship. Who is our ideal candidate?: Our ideal candidate will have the following skills: Bachelors degree in Mathematics, Actuarial Science or related business discipline. Completion of 4 to 6 exams. 4 or more years of actuarial life insurance experience preferably some in modeling, (reinsurance experience is preferable). Highly analytical, strong oral and written communication skills, detail oriented with strong problem-solving skills. Understanding of insurance products and operations. Thorough knowledge of actuarial statistics and assumptions. Programming skills preferably in PTS, APL, SAS and possibly MGAlfa. What are the job responsibilities?: Responsibilities are but not limited to: Coordinates, prepares and performs actuarial modeling and forecasts to achieve profitability and growth goals. Support in software maintenance. Aid in preparation of actuarial portion of financial reports. Develop analysis from model to support pricing and business decisions. What else can we tell you?: In addition to a competitive salary and bonus plan, we offer: · Medical and dental coverage for employees, their spouses, children and same sex domestic partners · Incentive Savings Plan (401K), with a dollar for dollar match for the first 6% of eligible pay, multiple investment options, and immediate eligibility · Paid Time Off (PTO) bank of days for employees to use for any reason; 20 days in first full year of employment, 23 days beginning in the fifth year of employment · Pension Plan based on length of service and eligible pay; fully funded by ING. Vested after 5 years. · Health and dependent care spending accounts available. Company provided life insurance for employees; may purchase additional for self, spouses and children · Nine paid Company holidays, jury duty, military leave, bereavement and community service time. · And much more! How to apply: Simply click on the Apply Online link below and you will be redirected to the ING website to submit your resume. Copy and paste your resume as indicated, select Requisition number 4377HS where requested and answer a few simple questions. No agencies, please. ING is an equal opportunity/affirmative action employer. For more information about who we are and what we do, please visit us at www.ING-USA.com Contact Information : ING U.S. Financial Services Second Position: US-PA-West Chester-Senior Actuarial-Life Projection : Status: Full Time, Employee Salary: Commensurate with Experience Reference Code: 4533HS/MTR Job Location: West Chester Who is our ideal candidate? The candidate should have prior significant experience with modeling and financial projections for life insurance business. The candidate should also be an Associate of the Society of Actuaries (near-Associates with strong analytical skills will be considered) and should have at least 4 years of relevant actuarial experience in the individual life insurance/annuity industry. The individual will have exposure to modeling applications such as PTS (preferred), TAS or MG-ALFA. Familiarity with PC software such as Microsoft Office applications and with mainframe data retrieval will be essential. APL programming experience would be beneficial. What are the job responsibilities? Build and maintain life insurance financial projection models. Create model populations and provide financial projections and related analysis for life insurance business. Financial projection projects will include embedded value, cash flow testing, DAC amortization projections, annual planning projections and others. Provide ad hoc financial projection related analysis in support of decision-making and administration of in force and new business. Assist in analysis of quarterly financial results and re-forecasts. What else can we tell you? ING offers very competitive compensation and benefits which include: life, health, dental, vision, pension, 401K, tuition reimbursement and other benefits. A business casual environment with both an on-site gym and cafeteria. WHAT ABOUT BENEFITS? In addition to a competitive salary and bonus plan, we offer: · Medical and dental coverage for employees, their spouses, children and same sex domestic partners · Incentive Savings Plan (401K), with a dollar for dollar match for the first 6% of eligible pay, multiple investment options, and immediate eligibility · Paid Time Off (PTO) bank of days for employees to use for any reason; 20 days in first full year of employment, 23 days beginning in the fifth year of employment · Pension Plan based on length of service and eligible pay; fully funded by ING. Vested after 5 years. · Health and dependent care spending accounts available. Company provided life insurance for employees; may purchase additional for self, spouses and children · Nine paid Company holidays, jury duty, military leave, bereavement and community service time. · And much more! HOW TO APPLY: Simply click on the Apply Online link below and you will be redirected to the ING website to submit your resume. Copy and paste your resume as indicated, select Requisition number 4533HS/MTR where requested and answer a few simple questions. No agencies, please. ING is an equal opportunity/affirmative action employer. For more information about who we are and what we do, please visit us at www.ING-USA.com Contact Information : ING U.S. Financial Services =================================================================== 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. Companies who are successful in finding staff via this facility, or agencies who successfully place candidates found via this service, are kindly encouraged to inform us of this outcome. 4. To UNSUBSCRIBE from this list (which is not yet automated), please send a message to or . 5. If you come across any job information relevant to this part of the APL community, please forward it to . Good Luck!