Actuarial Analyst Life Reinsurance

CRC Insurance Services, Inc.; Toronto; On-site; CAD 60,000 - 80,000; Full time

Job summary

A leading insurance firm in Toronto is looking for a Data Analyst to support modelling and technical initiatives in the Life Reinsurance Division. The candidate will be responsible for data analysis, pricing new business quotes, and assisting in the development of pricing models. Proficiency with SQL, R, or Python, along with a Bachelor's degree in a relevant field, is required. The role offers a competitive benefits package, including health insurance and retirement plans.

Benefits

Medical, dental, and vision insurance

401(k) plan with company match

Generous paid time off programs

Qualifications

• Bachelor’s degree or equivalent in a relevant field required.
• Strong understanding of linear regression and data analysis.
• Experience with SQL databases and statistical programming languages.

Responsibilities

• Perform data analysis and pricing for new business quotes.
• Assist in developing SQL Server and MS Access databases.
• Support the enhancement of Moody's AXIS models.

Skills

Data analysis

SQL

R

Python

Excel

Communication skills

Education

Bachelor’s degree in actuarial, mathematical, statistical, data science

Tools

SQL Server

MS Access

Power BI

Tableau

Job description

The position is described below. If you want to apply, click the Apply button at the top or bottom of this page. You'll be required to create an account or sign in to an existing one.

If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility ([e-mail]?subject=Accommodation%20request) (accommodation requests only; other inquiries won't receive a response).

Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift: 1st Shift (Canada)

Please review the following job description:

The Data Analyst reports to the Vice President, Financial Solutions in the Life Reinsurance Division. The incumbent will have a balanced mandate of both modelling and technical support accountabilities. Responsibilities to include assisting in the modelling of mortality projections, supporting the enhancement of Moody’s AXIS models and helping to build and test an experience studies system.

KEY RESPONSIBILITIES

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

• Data analysis and pricing of new business quotes.
• Assist with the development of pricing models and tools.
• Assist with the development of SQL Server and MS Access databases.
• Consolidation, evaluation and reconciliation of MS Excel spreadsheets, text files and databases.
• Aid with experience studies for new business quotes.
• Use of R or Python software required along with MS Excel.
• Reconciliation and evaluation of data within SQL server or MS Access.
• Coordinate with external systems to integrate outputs/inputs of AXIS with databases.
• Assist with pricing model setup, automation of tasks within Excel and other statistical/data manipulations tasks not mentioned.
• Assist with Longevity pricing as required.
• Assist with Life Reinsurance modelling in Moody’s AXIS.

EDUCATION AND EXPERIENCE

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Bachelor’s degree from actuarial, mathematical, statistical, data science/similar programs or Actuarial exams along with other bachelor’s degree (required)
• Understanding of Linear Regression (required)
• SQL and Database knowledge, such as SQL Server, MS Access or others (required)
• Experience with either R, Python or other mathematical/statistical programming languages (required)
• Experience with MS Power BI, Tableau or similar (preferred)
• High-level knowledge of insurance, reinsurance or life contingencies (preferred)
• Experience with mortality forecasting algorithms (preferred)
• Previous work experience, including co-op or summer work term(s) (preferred)

CERTIFICATIONS, LICENSES, REGISTRATIONS

None

FUNCTIONAL SKILLS

• Good communication skills (oral and written).
• Very strong analytical and problem-solving skills.
• Ability to deal with other technical professionals (mathematical/actuarial).
• Highly proficient in MS-Office tools, especially MS-Excel and MS-Access.

General Description of Available Benefits for Eligible Employees of CRC Group:

At CRC Group, we're committed to supporting every aspect of teammates' well‑being – physical, emotional, financial, social, and professional. Our best‑in‑class benefits program is designed to care for the whole you, offering a wide range of coverage and support. Eligible full‑time teammates enjoy access to medical, dental, vision, life, disability, and AD&D insurance; tax‑advantaged savings accounts; and a 401(k) plan with company match. CRC Group also offers generous paid time off programs, including company holidays, vacation and sick days, new parent leave, and more. Eligible positions may also qualify for restricted stock units and/or a deferred compensation plan.

CRC Group supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. CRC Group is a Drug Free Workplace.

EEO is the Law (https://www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf) Pay Transparency Nondiscrimination Provision E-Verify (https://e-verify.uscis.gov/web/media/resourcesContents/E-Verify_Participation_Poster_ES.pdf)

Join CRC Group, a leader in specialty wholesale insurance, and take your career to new heights. We're a dynamic team dedicated to innovation, collaboration, and excellence.

Why CRC Group?

• Growth: Advance your career with our learning and leadership development programs.
• Innovation: Work in a forward‑thinking environment that values new ideas.
• Community: Be part of a supportive team that celebrates success together.
• Benefits: Enjoy competitive compensation, health benefits, and retirement plans.

Who We’re Looking For

We seek passionate individuals who thrive in a fast‑paced, collaborative environment. If you value integrity and are driven to succeed, CRC Group is the place for you.