Meet Neelofar Rahimi

Neelofar is a Senior Actuarial Associate in the Corporate Actuarial team at Munich Re Life Canada. She is also a big foodie, nature lover, and a passionate supporter of women in STEM! Neelofar’s favorite hobbies include working out at the gym and hiking in the summer. In her spare time, Neelofar enjoys spending time with family, streaming the latest shows, doing henna, baking, and exploring new cafes or desert spots around the city.

  • Senior Actuarial Associate, Munich Re Life Canada

  • Master of Actuarial Science, University of Waterloo, 2018

  • Bachelor of Science, University of New Brunswick, 2015

How has your work positively impacted society?

I think our work plays an integral part in people's lives, both in the financial world and their personal one. We ensure that people with life insurance receive their claims, so that they can pass it on to their beneficiaries, use it if diagnosed with a critical illness, or perhaps receive financial help when unable to work due to long term disabilities. There are so many more facets in which we're involved with, but the at the end of the day, we're helping people assuage their fears, that if something happens to them, either they or their loved ones will be taken care of. I think most careers in STEM benefit both the people working in the field, and the general public from the work that they do.

What does your day-to-day role look like?

It depends on the day. There's a routine quarterly, that I enjoy, but there are also projects that come up during the year. I have become a bit of a subject matter expert for one of the lines of business that we reinsure. One of my main responsibilities is to help determine the reserves, and regulatory required capital associated with it. Project based work can range from scenario and sensitivity testing based on current and projected market trends, and what the impact would be to the company financials, to completely revamping a model. It is both challenging and exciting because no two quarters / projects are ever the same.

What advice would you give to future young women in STEM?

When life presents you with the opportunity to pursue something that you're passionate about, make your own space in that field. Surround yourself with people that love and encourage you, and then knock it out of the park. You can, and you will be the change that you are seeking. See what you like, what you can adapt, and what you can own, regardless of who may tell you otherwise.

“This was me during an interview with a local journalist regarding our family’s move to Canada.

I was starting to learn what multiplication was, and I couldn’t stop talking to her about it. My passion

for math has grown over time, and my interview skills have definitely improved since then!”

-Neelofar