Actuary/ Senior Actuary

TEEMA; North Vancouver; On-site; CAD 116,000 - 165,000; Full time

Job summary

An established industry player is seeking a skilled Actuary to join their Pricing team. In this dynamic role, you will contribute to critical pricing analysis and ensure compliance with accepted actuarial practices. You will supervise junior team members, lead significant projects, and communicate complex results to key stakeholders. Your expertise in actuarial principles, along with advanced analytical skills, will help identify trends and implement process improvements. If you are excited to challenge the status quo and provide innovative solutions in the insurance landscape, this opportunity is perfect for you.

Qualifications

• Minimum four years of relevant actuarial experience required.
• Fellowship designation with CAS or equivalent organization is preferred.

Responsibilities

• Contribute to pricing analysis ensuring compliance with Actuarial Practice.
• Lead large projects and communicate results to stakeholders.

Skills

Actuarial Principles

Collaboration

Verbal Communication

Written Communication

Analytical Skills

Critical Thinking

Problem Solving

Education

Post-secondary degree

Master's degree in Actuarial Science or Statistics

Tools

MS Excel

Python

SQL

R

VBA

PySpark

SAS

Job description

Job Title: Actuary
Job ID: 79393
Location: North Vancouver, British Columbia

Overview:
Our client’s actuaries primarily work in two areas: Insurance Pricing and Corporate Actuarial. Insurance Pricing has responsibility for overall rate recommendations for both Basic and Optional Insurance products, rate design, program evaluation, and other insurance modeling projects. Corporate Actuarial has responsibility for the estimation of the company’s IBNR reserves, analyzing claims data and other relevant factors to identify future claims trends, financial reporting (discounting of unpaid claims, ULAE reserve), and capital adequacy testing to determine the company’s internal capital management MCT targets. They currently have an opportunity for an Actuary to join their Pricing team.

What you will be doing:

• Contribute to the pricing analysis, ensuring compliance with Accepted Actuarial Practice in Canada.
• Supervise junior team members and provide peer review of their work.
• Author reports that draw attention to critical issues and required actions.
• Communicate complex technical results, verbally and in writing, to key internal and external stakeholders, including senior management.
• Lead large projects.
• Identify and implement process improvements to analytical work.
• Develop operational knowledge in areas such as underwriting, product development, and claims processing.

What you must have:

• Post-secondary degree and a solid knowledge of actuarial principles along with a minimum of four years of relevant experience in a variety of actuarial work areas.
• Attained or close to attaining the Fellowship designation with the CAS (or equivalent organization).
• Excels at collaborating with others.
• Excellent verbal and written communication skills, complemented by solid analytical skills, critical thinking, and knowledge of the insurance landscape.
• Excited to challenge the status quo and provide creative solutions to business problems.
• Advanced knowledge of MS Excel is required.
• A Master or higher degree in Actuarial Science, Statistics, or other related fields is preferred.
• Exposure to Python, SQL, R, VBA, PySpark, and SAS are considered assets.

Salary/Rate Range: $116,300.00 – $165,000.00