Actuarial Analyst - Commercial, Farm and IRCA

Co-operators; Guelph; On-site; CAD 50,000 - 85,000; Full time

Job summary

Join a leading Canadian financial services co-operative as an Actuarial Analyst, where your analytical skills will contribute to pricing initiatives in the Commercial, Farm, and IRCA lines of business. This role offers a unique opportunity to collaborate with a skilled team dedicated to excellence in actuarial science. You will engage in meaningful projects that enhance operational efficiencies while upholding professional standards. The company fosters a supportive workplace culture with a focus on employee well-being, offering training, flexible work options, and a comprehensive rewards package. This is more than just a job; it’s a chance to make a real impact in your community and the industry.

Benefits

Training and development opportunities

Flexible work options

Paid time off

Physical and mental health programs

Paid volunteer days

Comprehensive total rewards package

Group retirement savings plans

Pension and benefits

Mental health support

Employee assistance program

Qualifications

• Experience with databases and strong data analysis skills are essential.
• Completion of two Actuarial exams is an asset for this role.

Responsibilities

• Support rate change projects and update actuarial pricing models.
• Communicate basic actuarial concepts and maintain documentation.

Skills

Critical Thinking

Communication Skills

Data Analysis

Innovative Mindset

Education

Post-secondary degree in Mathematics

Post-secondary degree in Statistics

Post-secondary degree in Actuarial Science

Tools

SQL

SAS

R

Python

Actuarial Pricing Models

Job description

Actuarial Analyst - Commercial, Farm and IRCA

Company: CGIC
Department: Commercial, Farm Pricing & IRCA Pricing
Employment Type: Temporary Full- Time (12 months)
Work Model: Office Based
Language: English is required, French is an asset

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.

Our P&C Pricing and Segmentation team is considered an industry leader in the application of actuarial science. Our diverse, skilled team is action-oriented and strives to proactively deliver effective solutions and results. Our success is enhanced by forming strategic partnerships and continuously surpassing the industry in the advancement of science and analytics.

As an Actuarial Analyst, you will contribute to pricing initiatives and collaborate with your peers to support actuarial projects to ensure profitability of the Commercial, Farm, & IRCA lines of business.

How you will create impact:

• Supporting rate change projects and updating various actuarial pricing models.
• Working with various databases, programming languages and modeling software to contribute to actuarial initiatives.
• Communicating basic 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.
• Upholding professional ethics, values, procedures and policies that support organizational and professional standards.

How you will succeed:

You have an innovative mindset to improve operational efficiencies and ability to influence change, with a primary focus on client needs.

You use critical thinking skills to recognize assumptions, evaluate arguments, draw conclusions and proactively propose solutions.

You have strong communication skills to clearly convey messages and explore diverse points of view.

You build trusting relationships and provide guidance to support the development of colleagues.

To join our team:

• You have a post-secondary degree in Mathematics, Statistics, Actuarial Science or other related field.
• You have experience working with various database, and you have strong data analysis skills.
• Having successfully completed two Actuarial exams and working towards your Associate (ACAS / ACIA) or Fellow (FCAS / FCIA) designation is an asset.
• You have basic knowledge of modeling software and programming languages (SQL, SAS, R and/or Python).
• 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.

What you need to know:

• Detail oriented work that requires a high degree of mental concentration for extended periods of time.
• 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.