Actuarial Consultant-Personal Property

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

Job summary

Wawanesa Insurance is seeking an Actuarial Consultant for its Personal Property Pricing team. This role involves conducting pricing analyses, developing predictive models, and mentoring junior analysts in a hybrid work environment. A strong actuarial background and experience with predictive modelling are essential for success in this position.

Benefits

Annual bonus plan

Generous vacation time and personal days

Premium free benefits

Pension plan

Qualifications

• Minimum of 4 years' prior work experience in insurance or related field.
• Experience with predictive modelling techniques such as GLMs considered a strong asset.
• Minimum of four Associateship/Fellowship Exams required.

Responsibilities

• Conduct traditional pricing analysis and build/update predictive models.
• Mentor junior analysts and implement changes to existing Property products.
• Perform monitoring activities to assess the quality of our insurance portfolio.

Skills

Problem solving

Actuarial science knowledge

Statistical analysis

Education

Undergraduate degree in Actuarial Mathematics, Statistics or related field

ACAS/ACIA designation

Tools

Emblem

Classifier

Radar

Job description

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Join to apply for the Actuarial Consultant-Personal Property role at Wawanesa Insurance

Job ID: 9325

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; Vancouver, BC; Calgary, AB; Edmonton, AB; Toronto, ON; Kitchener, 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, 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 1.7 million members in Canada, and we are home to more than 3,600 employees distributed across the Canadian regions and communities where we operate. We give back to organizations that strengthen communities, donating more than $3.5 million annually to charitable organizations, including over $2 million annually in support of people on the front lines of climate change. 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 are looking for an opportunity for diverse experience and advancement on a growing team.

Job Overview

Working with a high degree of autonomy, the Actuarial Consultant/Senior Actuarial Consultant on the Personal Property Pricing team will provide contributions to the business based on both work experience and knowledge from actuarial exams.

In this role, you will conduct traditional pricing analysis, build and update predictive models, mentor junior analysts, implement changes to existing Property products, and develop new products while working collaboratively with stakeholders across the company, including Corporate Actuarial, Advanced Analytics, Auto Pricing, Commercial, & Product Design.

We are open to hiring at the Actuarial Consultant, or Senior Actuarial Consultant level.

Job Responsibilities

• Perform ratemaking and product reviews for personal property products, including conducting rate indications, predictive modelling, competitive analysis, and financial impact analysis.
• Make quality recommendations and present supporting results to management.
• Provide actuarial support for new product development and assist implementation of changes in the system.
• Perform monitoring activities to assess the quality of our insurance portfolio.
• Maintain, develop, and validate actuarial reports to meet business needs.
• Develop, modify, and validate predictive statistical models.
• Assist in other actuarial/underwriting/IT areas as required.
• Mentor and coach junior actuarial analysts.
  
  

Qualifications

Work Experience

• Minimum of 4 years' prior work experience in insurance or related field. P&C Actuarial Pricing experience a strong asset.
• Experience with predictive modelling techniques such as GLMs is considered an asset.
• Experience with modelling software such as Emblem, Classifier or Radar is considered an asset.
  
  

Education

• Undergraduate university degree in Actuarial Mathematics, Statistics, Mathematics or other related field of study.
• Minimum of four (4) Associateship/Fellowship Exams; ACAS/ACIA designation an asset.
  
  

Skills Required

• Problem solving
• Strong ability to apply knowledge of actuarial science, mathematics, probability, statistics, principles of finance and business to problems in insurance.
  
  

Computer proficiency

• Ability to translate problem solving methods and ideas to various computer languages efficiently and effectively.
• Understanding of database systems and how to interpret/extract data from those systems
  
  

Communication.

• Strong written and verbal communication skills with ability to communicate at the right level of complexity for the audience.
  
  

Organization

• Strong ability to handle multiple concurrent assignments in a timely manner.
  
  

Teamwork and leadership

• Work efficiently and cooperatively in a team environment and involve others when appropriate
  
  
  
  

Wawanesa is proud to be one of Manitoba’s Top Employers, a Kincentric Best Employer in Canada and a Forbes Best Employer in Canada recognizing an exceptional place to work!

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].

All Wawanesa job applicants are subject to Wawanesa's Privacy Policy.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Other

Job function

• Job function

  Finance and Sales

• Industries

  Insurance

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