Actuarial Analyst

The Co-operators Group; Guelph; On-site; CAD 58,000 - 96,000; Full time

Benefits offered by this job

Training and development opportunities

Flexible work options

Paid time off

Well-being programs

Volunteer days

Total rewards package

Job summary

CGL is seeking a P&C Actuarial Analyst on the Corporate Actuarial team to support reserving analyses and reporting across the organization. You will apply actuarial models, work with multiple data sources, and help produce the Appointed Actuary Report while documenting key functions.

You will collaborate with colleagues, develop knowledge of data sources, and contribute to continuous improvement in reserving processes, while aligning with company policies and professional standards.

Qualifications

• Completed post-secondary degree in Mathematics, Actuarial Science or related discipline.
• Having or working towards ACAS or FCAS designations is an asset.
• Basic knowledge of modeling softwares and programming languages is an asset.
• Relevant experience in Property and Casualty actuarial field is an asset.

Responsibilities

• Contribute to regulatory and strategic reserving analyses using actuarial models and data sources.
• Support monthly, quarterly, and annual reserve reporting and analyses, including the Appointed Actuary Report.
• Communicate actuarial concepts to peers and maintain documentation of key actuarial functions.
• Develop and maintain knowledge of data sources and reconcile sources where appropriate.
• Maintain documentation of key actuarial functions and uphold company policies and procedures.

Skills

Programming languages knowledge

Communication skills

Education

Mathematics/Actuarial Science degree

ACAS/FCAS asset

Job description

Company: CGL
Department: Corp Actuarial Services
Employment Type: Regular Full-Time
Work Model: Hybrid (2 days in office)
Language: This role operates in English.
Additional Information: This role is currently vacant

The Opportunity:

We are a leading Canadian financial services co-operative committed to being a catalyst for a sustainable and resilient society and our team is essential to deliver on this strategy. That’s why we prioritize our people, to ensure we provide a strong culture and development opportunities which enables our team to thrive and to live our purpose. The best part is that you will work with people that care passionately about you, our clients and our communities.

As a P&C Actuarial Analyst on the Corporate Actuarial team, you will play a key role in supporting reserving projects and reserving interests within the broader company’s initiatives.

How you will create impact:

• Contributing to regulatory and strategic reserving analyses using actuarial models, various data sources and programming languages.
• Supporting monthly, quarterly, and annual reserve reporting and analyses, including the production of the Appointed Actuary Report.
• Communicating actuarial concepts to your peers and maintaining documentation of key actuarial functions.
• Developing and maintaining knowledge of data sources including the ability to reconcile to other sources.
• Maintaining and updating documentation of key actuarial functions, and upholding company and professional policies and procedures.

To join our team:

• You have completed a post-secondary degree in Mathematics, Actuarial Science or related discipline.
• Having or working towards the ACAS or FCAS designations is an asset.
• Having basic knowledge of modeling softwares and programming languages is an asset.
• Relevant experience in the Property and Casualty actuarial field is an asset.

Proficiency in English is essential to the main duties in this role, including servicing and communicating primarily with majority non-francophone clients, groups, teams. Drafting complex English documents and preparing daily reports for anglophone leaders. The essential non-French duties are not assignable to adjacent or other team members.

How you will succeed:

• You influence change and are committed to continuous improvement, in order to exceed client expectations.
• You leverage critical thinking skills to identify problems and proactively propose solutions.
• Your strong communication skills allow you to clearly convey messages.
• You’re an effective team player who shares knowledge to support our peers.

What you need to know:

• You will be subject to a Background check as a condition of employment, in the event you are the successful candidate.

What’s in it for you?

• Training and development opportunities to grow your career.
• Flexible work options and paid time off to support your personal and family needs.
• A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture.
• Paid volunteer days to give back to your community.
• In addition to our competitive salary and incentive programs, eligible employees also benefit from a comprehensive total rewards package including group retirement savings plans, pension and benefits (e.g., health and wellness, dental, disability and life coverage), mental health support and an employee assistance program.

Salary information

Expected salary range $57,822 to $96,370.

The salary amount for the successful candidate is determined by Co-operators in its discretion and will vary depending on several criteria including but not limited to: local market conditions, geography and relevant job-related factors such as knowledge, skills, qualification, experience and education.

Employees may also have the opportunity to participate in incentive programs and earn additional compensation tied to individual and/or business performance, or other business metrics.