Actuarial Intern (ECH-QC)

Echelon 56; Montreal (administrative region); On-site; CAD 40,000 - 60,000; Part time

Job summary

Echelon Insurance is seeking an Actuarial student to join our team in Mississauga and Montreal offices. You will support data extraction, reserve reviews, and actuarial analyses while gaining exposure to IFRS 17 and other capital-management initiatives.

Ideal candidates are enrolled in Actuarial Science, Mathematics, or Statistics and comfortable with Excel, VBA, Python, SAS, and SQL. Strong communication and the ability to balance multiple priorities are essential as you collaborate with

Qualifications

• Enrolled in a post-secondary program in Actuarial Science, Mathematics, Statistics or related field.
• Familiarity with Excel, VBA, Python, SAS, SQL or similar languages is an asset.
• Strong communication skills, both verbal and written, and the ability to manage multiple priorities.

Responsibilities

• Run data extraction applications and analyze results.
• Contribute to monthly reserve reviews and analyze claims diagnostics.
• Assist in developing actuarial indications and assumptions and support regulatory reporting.
• Collaborate with underwriters and senior management on rate filings and competitive analysis.

Skills

Analytical mindset

Strong communication

Prioritization

Autonomy

Education

Actuarial Science / Mathematics / Statistics

Tools

Excel

VBA

Python

SAS

SQL

Job description

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Echelon Insurance provides Personal and Commercial Specialty Insurance solutions to protect Canadian families and businesses across Canada, through our trusted network of Broker partners. Echelon is a member of the CAA Club Group of Companies, and is an equal opportunity employer who offers a professional environment that champions collaboration, trust, and growth to drive success. We cultivate a great working dynamic to help us deliver what is best for our associates, Brokers, and Customers.

Who we are

Get ready to drive your career forward. Life at Echelon is fast paced, performance-driven and rewarding. We value our Associates' career growth and ongoing professional development – and we regularly recognize their achievements and outstanding results.

Reporting to an Actuarial Manager, the Actuarial student will work closely with other Actuarial Associates, Senior Management and other stakeholders in our Mississauga and Montreal offices. This position will provide the candidate with exposure to one of the following disciplines: Pricing, Corporate or Business Intelligence/Analytics.

Work term responsibilities will vary depending on the department you will be working for:

Corporate:

• Run applications for data extraction and analyze the results
• Contribute to monthly reserve reviews and analyze claims diagnostics
• Prepare an estimation of the liabilities to be reviewed with senior management
• Assist in month-end financial reporting
• Support Financial Condition Testing (FCT), Own Risk and Solvency Assessment (ORSA) and other capital management initiatives
• Contribute to special projects such as IFRS 17
• Understand data, maintain and develop programs for data extraction and analyze the results
• Assist with monitoring our portfolios for profitability and growth, and communicating insights
• Assist with developing actuarial indications and underlying assumptions
• Support other departments, such as underwriting
• Contribute to special projects such as rate filings, rate/product reviews, and competitive analysis
• Build and maintain profitability/growth/segmentation models to predict customer cost and behavior
• Update/improve/maintain data relied upon by the Actuarial Department
• Help in the development of tools and intelligent reports to other teams, allowing for better decision-making throughout the company
• Conduct ad-hoc analyses to support business units' needs, and regulatory requirements

Who You Are

• Talented, curious and analytical minded individual who is ready to take on challenges
• Ability to balance multiple priorities while delivering quality work
• Strong communication skills: verbal and written
• Enrolled in a post-secondary educational institution with a focus on Actuarial Science, Mathematics, Statistics or any other related program.
• Familiarity with Excel, VBA, Python, SAS, SQL, or other programming languages an asset
• Must be adaptable, proactive and autonomous
• An advanced level of English is required in addition to French, as this role involves regular communication, both verbal and written, with our clients, partners, and other Echelon Insurance teams across the country.

Documents to Submit

• Youracademic transcript

Please note that we may use AI tools to help us through the recruitment process.

Our Commitment

We are an equal opportunity employer and are committed to providing employment accommodationin accordance withall applicable Provincial Human Rights and Accessibility Legislation.CCG will provide accommodations to job applicants with disabilities throughout the recruitment process.If you requirean accommodation, pleasenotify usand we will work with you to meet your needs.