Subtitles section Play video Print subtitles ♪ My job: it’s a lot about forecast. It’s a lot about predictions. I'm an actuary at Sun Life Financial. It is selling life insurance so the first thing you have to do is figure out how much is Sun Life going to sell next year. So you speak to the different areas, take all their information and you go back and say: okay how can I use this to predict the future. We have evaluation of liabilities and various approaches. We have the risk management function for the US operation. And we have some oversight accountabilities. So we're touching all the business units and ensuring that we're managing the overall risk of the organization. The actuarial department is the center of product and innovation, risk management, financial management. We design products, we do the pricing, we evaluate the product. That’s the core of any business. It’s the product. As a student coming out of college you do receive significant support. The company provides support, provides study hours and reimburses all the books you need for the actuarial exam. We also have a very organized rotation program. You get to experience some different types of roles and understand where you want to take your career and that really helps provide a foundation for your career in the future. Being a global company it opens up a wide range of opportunities for you. What you learn about doing business as an actuary in the U.S. can easily be applied globally. Much of the work that we do has a common foundation in the models that we develop and the mathematics that underpin those models, and as a result it makes us a good profession to get those international opportunities. At Sun Life, management makes sure actuaries get recognized whether it is through compensation, whether it is through benefits and whether it is through promotions. You want to get into a job with people that you love to see every day. I still love coming here every day.
A2 US management sun financial product risk life Sun Life Financial - Actuary 181 24 tobosu posted on 2014/06/13 More Share Save Report Video vocabulary