Actuarial Analyst

Co-operators; Quebec; Hybrid; CAD 58,000 - 96,000; Full time

Job summary

CGIC, a leading Canadian financial services co‑operative, is seeking an Actuarial Analyst I to join the Commercial and Farm team in a hybrid role (2 days in office). You will contribute to commercial auto pricing projects using Earnix and support profitability initiatives for P&C lines.

Qualifications include a post‑secondary degree in Mathematics or Actuarial Science; ACAS/FCAS assets; knowledge of modeling tools; English fluency required; French is an asset.

Qualifications

• Post-secondary degree in Mathematics, Actuarial Science or related discipline.
• ACAS or FCAS designations are assets.
• Knowledge of commercial auto is an asset.
• Basic knowledge of modeling software and programming languages such as Earnix.

Responsibilities

• Pricing and actuarial projects for commercial auto, including portfolio profitability analysis.
• Develop and improve rating algorithms and support rate implementation.
• Work with modeling software and data sources to contribute to actuarial initiatives.
• Communicate actuarial concepts and maintain documentation of key functions.

Skills

Commercial auto knowledge

Actuarial degree

ACAS/FCAS asset

Earnix / rating engines

P&C actuarial experience

Education

Mathematics/Actuarial Science degree

Tools

Earnix

Job description

Company: CGIC

Department: Commercial and Farm

Employment Type: Regular Full-Time

Work Model: Hybrid (2 days in office)

Language: English is required, French is an asset.

Additional Information: This/these role(s) is/are 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 an Actuarial Analyst I, you will contribute to corporate initiatives. You will collaborate with your peers to support actuarial projects to ensure the profitability of property and casualty (P&C) lines of business. You will work on commercial auto related projects.

How You Will Create Impact

• Joining strategic initiatives in a highly collaborative team of commercial auto pricing actuaries impacting multiple entities. Develop expertise and build rating engine using Earnix.
• Assisting with a variety of pricing projects, including analyzing portfolio profitability, developing and improving rating algorithms, impact analysis and supporting rate implementation.
• Working with advanced modeling softwares, various data sources programming languages to contribute to Actuarial initiatives.
• 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

• Having knowledge of commercial auto is an asset.
• 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 such as Earnix or other live rating engines is an asset.
• Relevant experience in the Property and Casualty actuarial field is an asset.
• This position primarily works with majority non-francophone groups, and teams located outside of Québec, and requires proficiency in English. 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 $57,822.00 to $96,370.00 CAD

Salary placement

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.

Incentive/Variable pay

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.