Actuarial Consultant-Reserving

Wawanesa; Vancouver, Calgary, Edmonton, Golden Horseshoe, Toronto; Hybrid; CAD 110,000 - 150,000; Full time

Job summary

An established industry player is seeking a dedicated individual to join their Reserving function. This role involves leading high-quality valuation analysis and enhancing actuarial financial reporting. You will derive insights from complex data, mentor junior analysts, and drive process improvements. The company offers a hybrid work environment, allowing flexibility in balancing remote and in-office work. If you are passionate about actuarial science and eager to contribute to a diverse team, this opportunity is perfect for you. Join a company committed to professional growth and a culture of inclusion.

Benefits

Annual bonus plan

Leave of absence top-up programs

Generous vacation time

Personal days

Premium free benefits

Pension plan

Qualifications

• Post-secondary degree in Actuarial Science, Mathematics, or related discipline.
• 4+ years of actuarial experience preferred, with strong analytical skills.

Responsibilities

• Lead high-quality valuation analysis and financial reporting.
• Mentor actuarial analysts and improve reporting processes.

Skills

Analytical Skills

Problem Solving

Communication Skills

Team Collaboration

Mentorship

Initiative

Education

Post-secondary degree in Actuarial Science

Associate of the Casualty Actuarial Society

Tools

SQL

R

Excel

Power BI

Arius

Job description

Job ID: 8995

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: The salary offered for this role is estimated to be within the following range: $110,000 - $150,000. Candidates with salary expectations outside of the range are still encouraged to apply. In addition to salary, full-time and part-time permanent employees are eligible for an annual bonus plan, leave of absence top-up programs, generous vacation time, personal days, premium free benefits, and a pension plan.

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 (“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 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 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.

As a member of our Reserving function, you will lead the completion of high-quality valuation analysis, as well as the financial and regulatory reporting of our actuarial reserves. Your focus will be on deriving insights from this analysis and communicating these to our key stakeholders. In addition, you will prioritize improving the sophistication of our actuarial financial reporting through process enhancements, automation, data manipulation, reporting capabilities, and advancement of our reserving techniques. You will be a mentor and coach for actuarial analysts while working through complex analysis in the pursuit of solving business problems and answering business questions.

Job Responsibilities:

Analytical

• 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.
• Evaluates procedures and processes, and recommends alternatives or improvements.

Process Improvement/Efficiency

• Evaluates existing processes to find areas for increased efficiency.
• Identifies opportunities for automation of routine tasks and implements advanced techniques.
• Develops new approaches to problem solving and assesses impacts of solution options with minimal support from leaders.
• Encouraged to represent Wawanesa at external events that may include universities, actuarial clubs, industry organizations, and charitable causes.

Commitment to Learning

• Commits to professional development and continuous experiential learning to build cross-functional knowledge, technical skills, and mastery in competencies.

Stakeholder and Project Management

• Provides regular project updates to stakeholders. Anticipates obstacles and raises them in advance.
• Leads projects from beginning to end, including implementation of the final product, which may include training and documentation of the project.

Mentorship and Coaching & Developing Others

• Actively contributes to the mentorship, training, and development of actuarial analysts.
• Provides feedback, instruction, and development guidance to help others excel in their current or future job responsibilities.
• Builds trust and credibility with peers. Develops strong working relationships across teams.

Qualifications:

• Post-secondary degree in Actuarial Science, Mathematics, Statistics, or other related discipline.
• More than four years of actuarial experience an asset.
• Associate of the Casualty Actuarial Society or equivalent.
• 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 develop efficient and viable solutions to problems and assess impacts of these solutions.
• Advanced proficiency with SQL and R, and/or other related programming languages.
• Advanced proficiency in Excel and Power BI and/or equivalent.
• Advanced proficiency in reserving software such as Arius.
• Ability to easily adapt to new enterprise system environments.
• Effective communicator with proven presentation skills.
• Works well in a team setting, contributes to team spirit and shared objectives.
• Adept at supporting and mentoring colleagues.
• Works openly and transparently in collaboration with business partners.
• Shows strong initiative, autonomy, and a desire to win.

Diversity, Equity, Inclusion & Belonging: 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. 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.