Actuarial Associate

Workplace Safety and Insurance Board; Toronto, London; On-site; CAD 64,000 - 78,000; Full time

Benefits offered by this job

Competitive salary

Comprehensive benefits

Flexible work options

Professional development

Job summary

The Workplace Safety and Insurance Board (WSIB) is seeking an actuarial analyst to support reliable, timely actuarial analyses for internal and external clients, contributing to rate setting, liability valuation and financial forecasting for Ontario MOL.

You will work with data analysis, model development, validation, and reporting, prepare analyses for management, collaborate with partners, and support audits and special projects.

Qualifications

• Post-secondary degree in mathematics, science, business or a related field.
• Basic knowledge of actuarial principles.
• 0–2 years of experience in insurance or financial services.
• Proficiency in Microsoft Office.
• Completion of 2 or more SOA/CAS exams, or equivalent experience.

Responsibilities

• Support actuarial projects through data analysis, model development, validation and reporting.
• Assist with pricing, liability valuation, financial projections and experience rating work.
• Help maintain and improve actuarial models, assumptions and systems.
• Prepare analyses, reports and presentations for management and stakeholders.
• Respond to information requests and support audits, studies and special projects.
• Work with internal partners and external stakeholders to gather data and provide actuarial insight.

Skills

Actuarial basics

Microsoft Office

SOA/CAS exams

Education

Post-secondary degree in math/science/business

Tools

VBA

SAS

SQL

GGY AXIS

Job description

About the WSIB:

At theWSIB, we’re here to help. When a workplace injury or illness happens, we move quickly to provide wage-loss benefits, medical coverage, and support for recovery and return to work.

We are one of the largest insurance organizations in North America, supporting more than five million people in over 300,000 workplaces across Ontario.

Salary Grade: N05

From:$71,200.00

Office Locations:

Greater Toronto Area - North York

London (Head Office)

This role requires the successful applicant to commit to an in-office work arrangement up to 5 days a week beginning in 2027.

Job summary:

As part of the Actuarial Services team, you will support the delivery of reliable, accurate and timely actuarial analysis for internal and external clients. You will contribute to a range of projects that support rate setting, liability valuation, financial forecasting and experience rating, helping provide actuarial advice to the WSIB and the Ontario MOL.

What you will do:

• Support actuarial projects through data analysis, model development, validation and reporting
• Assist with pricing, liability valuation, financial projections and experience rating work
• Help maintain and improve actuarial models, assumptions and systems
• Prepare analyses, reports and presentations for management and stakeholders
• Respond to information requests and support audits, studies and special projects
• Work with internal partners and external stakeholders to gather data and provide actuarial insight

What you bring:

• Post-secondary degree in mathematics, science, business or a related field
• Basic knowledge of actuarial principles
• At least 0-2 years of experience in insurance or financial services
• Proficiency in Microsoft Office
• Completion of 2 or more SOA/CAS exams, or equivalent experience

Assets:

• Degree in actuarial science
• 3 or more years of actuarial experience
• Experience with VBA, SAS, SQL or GGY AXIS

Why join the WSIB:

This is an opportunity to apply your actuarial skills in a purpose-driven organization, supporting key financial and policy decisions that help maintain a strong and sustainable workplace safety and insurance system in Ontario.

• Competitive salary and comprehensive benefits
• Flexible work options to support work-life balance
• Ongoing professional development and opportunities for growth
• A diverse, equitable, and inclusive workplace where your voice matters
• The chance to truly make a difference in the lives of Ontarians

Our commitment to equity, diversity and inclusion

We respect and value the diversity of our people. We strive to create an environment where employees can be themselves and where our differences are celebrated.

We value and celebrate diversity and are committed to creating inclusive experiences for both our employees and prospective employees. We invite all interested individuals to apply. If you require accommodations in order to apply to this position please contact [e-mail]. If you are invited to participate in the interview or assessment process, you can advise our Recruiter of your accommodation needs at that time.

Please visit our EDI Vision to learn more about what actions WSIB are taking to advance our commitment to equity, diversity and inclusion and to support all employees participating and contributing to their full potential

Disclosing conflicts of interest

As public servants, employees at the WSIB have a responsibility to act in an ethical way at all times to create a respectful workplace and maintain public trust. Job applicants are required to disclose any circumstance that could result in a real, potential or perceived conflict of interest. A conflict of interest is any situation where your private interests may impair or be perceived to impair the decisions you make in your official capacity. This may include: political activity, directorship, other outside employment and certain personal relationships (e.g. with current WSIB employees, customers and/or stakeholders). If you have any questions about conflict of interest obligations and/or how to make a disclosure, please contact the Talent Acquisition Centre at [e-mail].

Privacy information

We collect personal information from your resume, application, cover letter and references under the authority of the Workplace Safety and Insurance Act, 1997. The Talent Acquisition Centre and WSIB hiring parties will used this information to assess/validate your qualifications, determine if you meet the requirements of vacant positions and/or gather information relevant for recruitment purposes. If you have questions or concerns regarding the collection and use of your personal information, please contact the WSIB’s Privacy Office at [e-mail]. The Privacy Office cannot provide information about the status of your application.

As a precondition of employment, the WSIB requires that prospective candidates undergo a criminal records name check any time before or after they are hired.