Actuarial Consultant - Advanced Analytics

Wawanesa Insurance; Brampton; Hybrid; CAD 95,000 - 140,000; Full time

Job summary

A major insurance provider in Peel Region, Brampton is seeking Actuaries for their Advanced Analytics team. This role involves collaborating with various teams to solve business challenges through data-driven solutions, enhancing decision-making and operational efficiency. Candidates should possess a degree in Actuarial Mathematics, have at least 3 years of relevant experience, and be pursuing actuarial designations like ACAS or FCAS. The role offers a competitive salary of $95,000 - $140,000 with additional benefits.

Benefits

Annual bonus plan

Leave top-up programs

Generous vacation time

Premium-free benefits

Pension plan

Qualifications

• Minimum of 3 years prior work experience in insurance or related field.
• Pursuing ACAS or FCAS designation.
• Detail oriented with the ability to recognize and resolve issues.

Responsibilities

• Collaborate with stakeholders to design and assess experiments.
• Execute and document analytical processes and techniques.
• Communicate insights clearly to a range of stakeholders.

Skills

Analytical skills

Problem-solving skills

Communication skills

Creativity

Planning and organizing

Education

University degree in Actuarial Mathematics or related field

Tools

SQL

Python

Cloud platforms (AWS)

Job description

Overview

Wawanesa is hiring multiple Actuaries to join our Advanced Analytics team - a collaborative group of specialists in actuarial science, data science, and engineering. This is a unique opportunity to apply your actuarial skills in a modern, data-driven environment. You’ll work closely with teams across the organization including pricing, reserving, claims, and underwriting to solve diverse business problems using advanced techniques such as machine learning and large language models. This team builds and deploys predictive models that support decision-making across the enterprise, helping Wawanesa deliver smarter, faster, and more impactful solutions.

These roles are open to candidates at multiple levels of actuarial development including: Senior Actuarial Analyst, Actuarial Consultant, and Senior Actuarial Consultant.

Job ID: 9467

Working Language: English (This role is considered a head-office role and will be required to communicate with internal stakeholders across Canada where the primary business language utilized is English.)

Salary: The salary offered for this role is determined with consideration to various factors, including location, market conditions, internal pay equity and the candidate’s knowledge, skills, experience and anticipated proficiency in the role. The salary range is estimated to be $95,000 - $140,000. Candidates with salary expectations outside of the range are still encouraged to apply. In addition to salary, permanent employees are eligible for an annual bonus plan, leave top-up programs and generous vacation time, personal days, premium-free benefits and pension plan.

About Us

At Wawanesa, we offer a hybrid work environment with in-office time (2 days per week OR 15 hours per week in a Wawanesa office) and remote work. You may work from Winnipeg, MB; Wawanesa, MB; Vancouver, BC; Calgary, AB; Edmonton, AB; Lethbridge, AB; Toronto, ON; Kitchener, ON; Thunder Bay, ON; Ottawa, ON; Montreal, QC; Moncton, NB; Dartmouth, NS.

The Wawanesa Mutual Insurance Company (Wawanesa Mutual), founded in 1896, is one of Canada’s largest mutual insurers, with over $3.5 billion in annual revenue and assets of $10 billion (CAD). Wawanesa Mutual, with its National Headquarters in Winnipeg, is the parent company of Wawanesa Life and Western Financial Group. We serve more than 1.7 million members in Canada and employ over 3,600 people across the Canadian regions. We donate to charitable organizations, including programs supporting climate change initiatives. To learn more visit wawanesa.com.

We are currently looking for dedicated, driven, and enthusiastic individuals who thrive in an environment that welcomes change and offers opportunities for diverse experience and advancement on a growing team.

Responsibilities

• Collaborate with various stakeholders throughout the organization to design, develop, and assess experiments aimed at uncovering meaningful and actionable insights to solve challenging business problems
• Execute and document each stage of the analytical process including sourcing and validating data, performing data cleaning and transformation, selecting appropriate modeling techniques, and interpreting results in the context of business objectives
• Communicate insights and findings clearly to a broad range of stakeholders, both technical and non-technical, by tailoring messaging to suit the audience and support informed decision-making
• Improve upon and ensure adherence to established practices, processes and guidelines
• Keep up to date on current statistical and mathematical models and methodologies, including predictive modelling and machine learning with an eye for applying this knowledge to business processes
• Contribute to educational initiatives aimed at the development of overall inter- and intra-departmental knowledge
• Mentor other actuarial analysts and contribute to a culture of continual learning and improvement
• Perform other duties as assigned

Qualifications

• University degree in Actuarial Mathematics, Statistics, Mathematics or other related field of study
• Pursuing ACAS or FCAS designation
• Minimum of 3 years prior work experience in insurance or related field
• Detail oriented with analytical and problem-solving skills and an ability to recognize and identify issues and take proper action to resolve them
• Strong creativity skills, with the ability to develop solutions to a variety of problems
• Excellent communication skills, with the ability to communicate in a clear and concise manner with style fitting for the audience and message
• Strong planning and organizing skills, with the ability to develop and implement plans by prioritizing
• Proven ability to collaborate and mentor a multi-disciplinary team
• Proficiency with analytical tools and processes used within the department considered an asset. For example: SQL, Python, cloud platforms (AWS), version control, coding standards etc.

LI-AF1 LI-Hybrid

Diversity, Equity, Inclusion & Belonging

At Wawanesa, we are committed to Diversity, Equity, Inclusion and Belonging (DEIB) and believe that our strength lies in the diversity of our people – this is supported by having a representative workforce. We welcome applications from all qualified candidates, including racialized persons, women, Indigenous Peoples, persons with disabilities, members of the 2SLGBTQIA+ community, gender-diverse and neurodiverse individuals, and anyone who can contribute to the further diversification of thought and ideas.

We aim to ensure our recruitment process is accessible to all candidates. If you require accommodations during any stage of the recruitment process, please reach out in confidence to [e-mail].

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