Actuarial Consultant, Commercial Auto

Wawanesa; Calgary, Edmonton, Moncton, Kitchener, Golden Horseshoe; Hybrid; CAD 95,000 - 140,000; Full time

Job summary

An established industry player is seeking dedicated Actuarial Consultants to join their dynamic team. This role offers the opportunity to work in a hybrid environment, balancing in-office and remote work while contributing to the Commercial Auto Pricing team. You will leverage your actuarial expertise to develop innovative rating plans and tackle complex business challenges. With a strong emphasis on collaboration and professional growth, this position is perfect for individuals passionate about making impactful contributions in the insurance sector. Join a company committed to diversity, equity, and inclusion, and take your career to new heights.

Benefits

Annual bonus plan

Generous vacation time

Personal days

Premium free benefits

Pension plan

Qualifications

• Proficient in actuarial principles and data analysis with a focus on insurance.
• 4+ years of actuarial experience preferred, with strong communication skills.

Responsibilities

• Research and manipulate complex data to support pricing strategies.
• Lead projects and enhance pricing sophistication through data insights.

Skills

Actuarial Science

Mathematics

Statistics

Data Analysis

Communication Skills

Problem Solving

Attention to Detail

Education

Bachelor’s degree in Actuarial Science, Mathematics, or Statistics

7 CAS exams or ACAS designation

Tools

Excel

SQL

R

WTW Radar

Emblem

Classifier

Job description

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Job ID:7721

Working Business 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: At Wawanesa, salary is only one component of a holistic, comprehensive and competitive offering that we provide to our employees. In addition to salary, full-time and part-time permanent employees are eligible for an annual bonus plan, leave of absence top-up programs and provided with generous vacation time, personal days, premium free benefits and pension plan.

The salary offered for this role is determined with consideration to various factors, including but not limited to: your work location, local labour market conditions, external market salary data, internal pay equity and the knowledge, skills, experience and anticipated proficiency in the role. The salary offered is estimated to be within the following range: $95,000- $140,000. Candidates with salary expectations outside of the range are still encouraged to apply.

About Us
At Wawanesa, we’re proud to offer a hybrid work environment that offers flexibility to our employees in balancing in-office (2 days per week OR 15 hours per week in a Wawanesa office) and remote work.You may work from any of the following locations: 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, founded in 1896, is one of Canada’s largest mutual insurers, with over $4 billion in annual revenue and assets of $12 billion. Wawanesa Mutual, with executive offices in Winnipeg, is the parent company of Wawanesa General, which offers property and casualty insurance in California and Oregon; Wawanesa Life, which provides life insurance products and services throughout Canada; and Western Financial Group, which distributes personal and business insurance across Canada. Wawanesa proudly serves more than two million members in Canada and the United States. Wawanesa actively gives back to organizations that strengthen communities where it operates, donating well above internationally recognized benchmarks for excellence in corporate philanthropy. Learn more at wawanesa.com.

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

The Commercial Auto Pricing team plays a key role in supporting the achievement of all Commercial Automobile financial goals at Wawanesa nationally. With a strong grasp of ratemaking concepts, the Actuarial Consultant/Senior Actuarial Consultant is responsible for applying actuarial and insurance expertise to develop automobile rating plans, enhancing segmentation, uncovering and addressing complex business problems, and collaborating with our business partners to deliver strategic priorities.

Note: we are open to hiring at either the Actuarial Consultant or Senior Actuarial Consultant level

Job Responsibilities

• Researches, extracts, and manipulates complex data from relevant sources, and assesses data quality.
• Supports the business and overall team by performing analyses/reviews and completing ad-hoc requests/special projects in a timely manner with minimal support from peers and leaders.
• Leverages internal and external data and insights to design rate review approaches that enhance pricing sophistication.
• Leads projects from beginning to end. Includes implementation of final product. May include training and documentation of the project.
• Builds trust and credibility with peers. Develops strong working relationships across teams.
• Provides feedback, instruction, and development guidance to help others excel in their current or future job responsibilities.
  

Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or other related discipline
• More than four years of actuarial experience an asset
• 7 CAS exams or ACAS designation an asset
• Advanced knowledge of actuarial science, mathematics, probability, statistics, principles of finance and business, and strong ability to apply this knowledge to problems in insurance
• Ability to proactively identify issues and initiate actions
• Strong attention to detail when performing analysis with minimal technical errors
• Excellent oral and written communication skills, demonstrating the ability to convey complex business and actuarial terminology and insights that are meaningful to and well received by the intended audience
• Proficiency with Excel, SQL, R, and/or other related software/programming languages
• Experience with WTW Radar, Emblem, and/or Classifier an asset
• Experience in Commercial Auto Pricing, including IRCA, Fleet, and/or Garage, as well as familiarity with the regulatory environment, an asset

Diversity, Equity & Inclusion
Wawanesa is an equal opportunity employer and is committed to fostering a diverse workforce that is equitable and inclusive for all. Wawanesa provides equal employment opportunity to all employees and applicants without regard to an individual’s protected status: race/ethnicity, colour, religion, creed, sex or gender, sexual orientation, gender identity or expression, family or marital status, pregnancy/childbirth or related conditions, national origin, disability, military or veteran status, or any other protected status. Disability or medical-related accommodations are available upon request throughout all aspects of the recruitment and selection process. Candidates requiring reasonable accommodations may contact, in confidence, [e-mail] .

If you are interested in this exciting, challenging position with Wawanesa, apply today with your Resume.