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Canada Life Great-West Lifeco

Actuarial Trainee - Reinsurance

Canada Life Great-West Lifeco

  • Dublin City Centre
  • Not disclosed
  • Permanent full-time
  • Updated 30/11/2012
  • Lynda Finnerty
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                                 Actuarial Trainee – Canada Life Reinsurance C


                                 Actuarial Trainee – Canada Life Reinsurance

Corporate profile

Canada Life Reinsurance ( is a division of The Canada Life Assurance Company, a subsidiary of Great-West Lifeco Inc. (GWL), a financial services holding company with interests in the life insurance, health insurance, retirement savings, investment management and reinsurance businesses. GWL and its companies have more than C$460 billion in assets under administration and C$13.3 billion in capital and surplus.

Irish operations

Based in the IFSC, Dublin, Canada Life International Re Limited (CLIRe) was established in 2001 as the international life reinsurance arm of the Canada Life Reinsurance division. CLIRe has subsidiaries in Bermuda and Barbados. It is now firmly established as the base for Canada Life Re’s European reinsurance operations and a key element of the Group’s capital management strategy. It is a leading provider of annuity reinsurance, structured reinsurance solutions and conventional retrocession business. Property and casualty reinsurance is provided through our sister company London Life & General Reinsurance Company, also in our IFSC location. The Company is a proactive, inspiring and friendly business environment where talent and hard work is recognised and rewarded.

As part of the continued development of our actuarial team, we are currently seeking ambitious, dynamic and talented candidates to fill the role of Actuarial Trainee.

Duties & Responsibilities

Currently we are recruiting for an Actuarial Trainee to join our growing Irish operation. Reporting to the Head of Pricing for Europe, the successful candidate will work as part of the Pricing team and will provide actuarial support to the team, including; 

  • Working closely with management, marketing, pricing and underwriting teams in developing and assessing the viability of reinsurance solutions.
  • Assuming a technical role in modelling, analysis and risk assessment
  • As part of the technical role, the candidate will also be involved with communication with clients as well as preparing presentations to the reinsurance management on technical matters
  • Ongoing monitoring of the business - performing experience investigations, updating assumptions, forecasting earnings.
  • The successful candidate will develop skills in understanding Canadian, US, UK and European accounting, reserving and tax legislation.

    Selection Criteria

    We are seeking a part qualified actuary who is making good progress through the exams, with a combination of the following:
  • Ability to demonstrate a strong academic record
  • 2-3 years experience working in a relevant environment
  • Motivated and a strong team player
  • Annuity experience is an advantage
  • MS Access & Prophet would also be beneficial
  • Good understanding and experience of working with Microsoft Excel or other equivalent spreadsheet application.
  • An analytical approach to problem solving, good communication skills with an ability to express views/ideas clearly and logically in both written and oral form
  • Ability to organise own work

                                Applications should be submitted to Lynda Finnerty on

                                               Psychometric profiling will be used as part of the recruitment process. 

                          Canada Life Group Services Limited, Canada Life House, Temple Road, Blackrock, Co. Dublin.

                                                Tel: +353 1 210 2000 Fax: +353 1 210 2583 Web:

                                                                  Canada Life is an equal opportunities employer

Ref: 804255
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Canada Life Great-West Lifeco

Canada Life Great-West Lifeco


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