Actuarial and Advanced Analytics, New Graduate Rotational Program (September 2027 Start)

Economical; Southwestern Ontario; Hybrid; CAD 59,000 - 109,000; Full time

Benefits offered by this job

Pension plan

RRSP matching

Volunteer days

Tuition assistance

Inclusion programs

Wellness programs

Employee discounts

Job summary

Economical is launching Actuarial and Advanced Analytics, New Graduate Rotational Program starting September 2027. The program targets grads or near-graduates and offers a structured rotation across Advanced Analytics, BI, Corporate Actuarial, Personal Insurance Pricing, and Commercial Insurance.

You will rotate for two years across three eight-month periods, gaining exposure to data analysis, modelling techniques, and stakeholder communication.

Qualifications

• Degree in actuarial sciences, mathematics, statistics, or a relevant discipline progressing towards actuarial accreditation.
• Knowledge of Python, R, BigQuery, VertexAI, or SQL considered an asset.

Responsibilities

• Develop and apply experience with spreadsheets, databases, and statistical software to prepare data for insights.
• Interpret and use results of modelling techniques to drive business decisions.
• Produce data exhibits and analyses to measure performance.

Skills

Python

R

BigQuery

VertexAI

SQL

Education

Degree in actuarial sciences, mathematics, statistics, or related field

Job description

Actuarial and Advanced Analytics, New Graduate Rotational Program (September 2027 Start)

Waterloo, ONT, Canada and 2 more

Trending

Definity is the parent company to some of Canada’s most long-standing and innovative insurance brands, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. Our ambition is to be one of Canada’s leading and most innovative property and casualty insurers. We can’t do that without our people, so we embrace and encourage a culture that’s collaborative, ambitious, rewarding, and empowering.

We offer a flexible, hybrid work experience where employees work from the office and virtually depending on the type of work they are doing and who they are working with. Bring your true self and be a part of our journey. It’s better here.

Actuarial and Advanced Analytics, New Graduate Rotational Program (September 2027 Start)

We are seeking highly motivated and talented individuals to join our Actuarial and Advanced Analytics, New Grad Rotational Program. This program is designed for students who are either about to graduate, or who have graduated within the last two years. The program will provide recent graduates with a comprehensive understanding of being an Actuarial and/or Analytics Analyst within the Property and Casualty Insurance industry. As a participant in the program, you will have the opportunity to gain valuable experience and develop a strong foundation through a structured rotation across different areas of the business.

The program includes a structured learning plan, plenty of social opportunities to interact and meet others in the field, and access to business leaders who’ll guide and mentor you along the way. Learning through experience, you’ll have the chance to contribute to the growth of our business from the start.

When your program is complete, you'll have advanced business knowledge of the company, new skills and insights, excellent growth opportunities, and are expected to continue your career path by obtaining a role within one of the business units.

Rotational program length: Two-years - three periods of eight months each in any of the business areas listed

Rotational business areas: Advanced Analytics, Business Intelligence, Corporate Actuarial, Personal Insurance Pricing, Commercial Insurance

What can you expect in this role?

• Develop and apply your experience with spreadsheets, databases, and statistical software to prepare and analyze data for generating insights that inform our strategy of growth and customer satisfaction
• Learn to interpret and use results of new and innovative modelling techniques and analytics to drive business decisions
• Learn to produce various data exhibits and analysis to measure, track, and monitor company and industry performance
• Learn to communicate actuarial and analytics concepts and business rationale both verbally and in writing
• Respond to requests of internal and external stakeholders with support from more senior staff

What do you bring to the role?

• Degree in actuarial sciences, mathematics, statistics, or a relevant discipline progressing towards actuarial accreditation
• Knowledge of Python, R, BigQuery, VertexAI, or SQL considered an asset
• Excellent problem solving, communication, and organizational skills
• Positive and can-do-attitude
• Collaborative; team player
• Ability to adapt to a changing work environment

Interview:

You will be asked to complete a screening interview as part of our first-round selection process

Those invited back for the last round will participate in an in-person interview at our Toronto or Waterloo Office location.

Salary Range: $59,300 - $109,200

Actual salary for the role may vary depending on work location of the successful candidate and other factors including but not limited to, skills, education, experience, working conditions and the local labour market.

This position is being posted to fill an existing vacancy.

What’s in it for you?

• Company share ownership program
• Incentive Program - Eligible employees may participate in various incentive plans which are paid out at the discretion of the company and subject to individual and company performance.
• Pension and savings programs, with company-matched RRSP contributions
• Paid volunteer days and company matching on charitable donations
• Educational resources, tuition assistance, and paid time off to study for exams
• Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents
• Wellness and recognition programs
• Discounts on products and services

Go ahead and expect a lot - you deserve it.

It’s better here - but don’t take our word for it. Definity was named by Great Place to Work as one of the Best Workplaces in Canada for women, for youth, and for inclusion.

Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know by contacting [e-mail].

As part of Definity’s commitment to reconciliation, we acknowledge that our work, meetings, and travel take place on the lands now known as Canada, and recognize the enduring presence, wisdom, and stewardship of the First Nations, Métis, and Inuit peoples who have long cared for these lands.

Background checks

This role requires successful clearance of background checks (including criminal checks and leadership references).