Actuarial Advisor, Product, Development & Pricing

Desjardins; Toronto; On-site; CAD 85,000 - 120,000; Full time

Job summary

A leading company in the financial sector is seeking a Senior Actuarial Advisor to join their Auto Ratemaking team. This role involves developing pricing strategies and improving algorithms in a rapidly evolving regulatory environment. Successful candidates will benefit from a competitive salary, annual bonuses, and flexible working conditions, while contributing to a diverse and inclusive workplace.

Benefits

Competitive salary

Annual bonus

Flexible vacation

Defined benefit pension plan

Group insurance

Wellness reimbursements

Qualifications

• At least four years of relevant experience or equivalent qualifications.
• Completion of four actuarial exams.
• Intermediate knowledge of the P&C insurance market.
• Knowledge of French and English.

Responsibilities

• Contribute to developing pricing strategies based on data models.
• Lead implementation of pricing techniques and actuarial analyses.
• Produce and analyze trend reports for recommendations.

Skills

Analytical Thinking

Modeling Techniques

Machine Learning

Education

Bachelor’s degree in actuarial science, Mathematics, or Statistics

Tools

Microsoft Office

SAS

VBA

R

Job description

Join to apply for the Actuarial Advisor, Product, Development & Pricing role at Desjardins

Are you interested in working on various projects in collaboration with Marketing, Claims, Underwriting, Sales, and Business Development in a motivating environment focused on developing your skills? The Auto Ratemaking team is looking for a Senior Actuarial Advisor . You will be required to :

• Contribute to developing an optimal pricing strategy based on claim cost models, behavioural models, and competitive intelligence.
• Lead and support the implementation of cutting-edge pricing techniques in an evolving regulatory environment to minimize adverse impacts and promote profitable growth.
• Help build and improve pricing algorithms for property or auto products using modern modeling techniques (GLM, GBM, etc.).
• Carry out actuarial analyses, make assumptions, communicate results, and make recommendations in a fast-paced environment.
• Produce and analyze reports on trends and recommend rating and underwriting actions.
• Perform ad-hoc analyses using machine learning techniques like decision trees and clustering.
• Ensure continuous development of RSP cession strategy.
• Lead and complete regulatory rate filings.

What we offer includes a competitive salary, annual bonus, flexible vacation, a defined benefit pension plan, group insurance, and wellness reimbursements.

What you bring :

• Bachelor’s degree in actuarial science, Mathematics, or Statistics.
• At least four years of relevant experience or equivalent qualifications.
• Completion of four actuarial exams.
• Knowledge of French (Quebec position) and English.
• Intermediate knowledge of the P&C insurance market.
• Proficiency in Microsoft Office, SAS, VBA, R.

Desjardins values diversity and inclusion and provides accommodations for applicants with disabilities throughout the recruitment process.