Actuarial Analyst - Commercial Insurance

Definity; Toronto; Hybrid; CAD 53,000 - 107,000; Full time

Job summary

An established industry player is seeking an Actuarial Analyst to join their innovative team. This role offers a flexible hybrid work environment and focuses on commercial pricing, underwriting, and data analysis to enhance profitability. Candidates will leverage their analytical skills and actuarial knowledge to communicate complex concepts and create insightful reports. With a commitment to diversity and professional growth, this opportunity is perfect for those looking to advance their careers in a supportive setting. Join a company that values your contributions and encourages your development.

Benefits

Company Share Ownership

Pension Plans

Savings Plans

Educational Resources

Wellness Programs

Qualifications

• University degree in Actuarial Sciences, Mathematics, or Statistics.
• Minimum of 2 CAS/SOA exams completed.

Responsibilities

• Contribute to commercial pricing, underwriting, and claims handling.
• Analyze data using spreadsheets and statistical software.

Skills

Data Analysis

Communication Skills

Excel

SAS

Python

R

Organizational Skills

Education

University degree in Actuarial Sciences

Mathematics

Statistics

Tools

Excel VBA

Job description

Actuarial Analyst - Commercial Insurance

Join to apply for the Actuarial Analyst - Commercial Insurance role at Definity.

Role Overview

Definity, a parent company to leading Canadian insurance brands such as Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance, is seeking an Actuarial Analyst to join our collaborative and innovative team. We offer a flexible, hybrid work environment and are committed to diversity, inclusion, and professional growth.

Key Responsibilities

1. Contribute to commercial pricing, underwriting, claims handling, and product development projects.
2. Participate in regulatory filings for individual commercial rated auto insurance.
3. Analyze data using spreadsheets, databases, and statistical software to support profitability and performance assessments.
4. Communicate complex actuarial concepts effectively to stakeholders both verbally and in writing.
5. Create reports and data exhibits to monitor company and industry performance.
6. Respond to routine stakeholder requests with validation and accuracy.
7. Assist in leading and peer reviewing technical actuarial work.

Qualifications

• University degree in Actuarial Sciences, Mathematics, Statistics, or related field.
• Minimum of 2 CAS/SOA exams completed.
• 2-4 P&C actuarial CO-OP terms or equivalent experience; personal or commercial pricing experience is a plus.
• Proficiency in SAS, Python, R, Excel VBA, or similar programming languages.
• Strong Excel skills and familiarity with Microsoft Word and PowerPoint.
• Excellent data analysis, communication, and organizational skills.
• Ability to perform under pressure and adapt in a fast-paced environment.

Additional Details

Salary Range: $53,800 - $106,400. We encourage applicants who meet most qualifications to apply, valuing diverse perspectives. Benefits include a hybrid work schedule, company share ownership, pension and savings plans, educational resources, wellness programs, and more.

Application Information

Successful candidates will undergo background checks. We support accessibility and encourage applicants requiring accommodations to contact us at [email protected].