Job Description

We are Farmers!

We are… more than just your favorite commercials. We are a passionate, award winning, equal opportunity employer, committed to the strength of a diverse workforce. We are dedicated to supporting the well-being of our people through our extensive suite of benefits, as well as the well-being of the communities we serve through employee volunteer programs and nonprofit partnerships. Helping others in their time of need isn’t just our business – it’s our culture! We are Farmers!

Do you thrive in a high-volume, fast-paced environment? Do you enjoy the challenge of a position where no two days are alike? We are looking for positive, high-energy professionals who are not just looking for a job, but a meaningful career!

At Farmers, our ambition is to be the leader in delivering peace of mind, innovating for customers whenever and wherever they need us. That means having people like you who can help us evolve to meet changing customer and business needs. Continuous development is critical to our success at Farmers; that means being curious, continually innovating, being open to new opportunities and embracing change. As the needs of our business and customers change, and you acquire needed experience, you may have opportunities to use your knowledge and skills in a different role. As you take on these new challenges, Farmers is committed to providing you with the necessary training and support along your career journey.

Workplace: Remote ( #LI-Remote )

Farmers believes in a culture of collaboration, creativity, and innovation, which thrives when we have the ability to work flexibly in a virtual setting as well as the opportunity to be together in person. Our hybrid work environment combines the best of both worlds with at least three (3) days in office and up to two (2) days virtual for employees who live within fifty (50) miles of a Farmers corporate office. Applicants beyond fifty (50) miles may still be considered.

Job Summary

We’re on a transformational journey and are looking for leaders who can vision what could be along with the capability to bring that vision to life.  In partnership with units across Farmers New World Life (FNWL), we are transforming the way Finance and Actuarial work with each other, as well as how we enhance our insights to guide and influence FNWL’s strategy.  If you thrive in times of change, we’re eager to hear from you!

As a IFRS17 Life Actuary (FSA) you will initiate and drive actuarial analysis, coordinating and advocating recommendations for implementing changes due to regulatory and management reporting requirements. 

Essential Job Functions

Initiates, analyzes, recommends and implements appropriate revisions in actuarial methods and assumptions in areas with significant financial impact. 
Works independently to develop and implement appropriate solutions to actuarial issues. 
Effectively manages various workstreams and oversees junior staff to fulfill timely and accurate completion of projects. 
Represents the business unit through participation in inter-departmental meetings and committees. 
Analyzes operations to recommend improvement for control and/or efficiency. 
Performs other duties as assigned.
Physical Actions
Required job duties are essentially sedentary work consisting of occasional walking, standing and lifting and/or carrying 10-lbs. maximum and seeing.
Physical Environment
Required job duties are normally performed in a climate- controlled office environment.

Education Requirements

Bachelor's degree required. Fellow of the Society of Actuaries or equivalent required. 

Experience Requirements

At least five years of actuarial experience
Modeling experience in actuarial software, SQL and Python
A working knowledge of the IFRS17 reporting bases
Additional Qualification
Excellent collaboration and team building skills. Experience working with business stakeholders to identify and implement enhancements to tools and processes.

Candidate qualifications may be reviewed against the requirements for the associated levels of this position's core function. Salary grade will be based on selected candidates' experience and skills.