Bilingual Senior Actuarial Analyst/Consultant – Commercial Pricing

Northbridge Financial Corporation; Toronto; Hybrid; CAD 80,000 - 120,000; Full time

Job summary

Northbridge Financial Corporation is seeking a Bilingual Senior Actuarial Analyst/Consultant to provide expert insights in actuarial analysis to support various teams. This role involves utilizing advanced actuarial knowledge, performing detailed data analysis, and communicating findings effectively to enhance pricing strategies and mitigate risks. Candidates should have a strong background in actuarial science, industry experience, and be passionate about data-driven decision-making in a diverse work environment.

Benefits

Employee share purchase plans

Pension plans

Discounts on staff insurance

Flexible health benefits

Education assistance for courses

Leadership training and mentoring

Donation matching

Team volunteer days

Qualifications

• 5+ years of experience in actuarial-related field.
• Bilingual proficiency in English and French.
• In-depth knowledge of commercial insurance products.

Responsibilities

• Price complex commercial risks using actuarial techniques.
• Analyze trends and emerging risks to support pricing strategies.
• Document methodologies and communicate findings to non-actuarial stakeholders.

Skills

Actuarial techniques

Data analysis

Communication

Education

Post-secondary education in Actuarial Science, Mathematics, or related field

Tools

Excel

SAS

SQL

Python

PowerPoint

Job description

What it's like to be a Northbridge Bilingual Senior Actuarial Analyst/Consultant

Location: Toronto or Montreal

As the Bilingual Senior Actuarial Analyst, you will be recognized within the organization as an expert in providing insights to various teams, including claims, finance, and underwriting. This role enables us to serve our customers better while mitigating risks. You will utilize your strong actuarial knowledge to analyze trends, identify emerging risks, and ensure that pricing strategies align with business objectives. The team leverages data-driven insights to enhance rate adequacy, competitiveness, and profitability across the commercial portfolio.

We seek individuals passionate about digging deep into data to uncover meaningful insights and providing their perspectives on next steps. This involves not just being good with numbers but also explaining complex findings clearly and compellingly to leaders without an actuarial background. Collaborating with other actuaries and data scientists, there are opportunities to utilize advanced analytics and predictive modeling to refine pricing structures and keep Northbridge at the forefront in this competitive industry.

We want your talent

If you excel at:

• Using actuarial techniques to price complex commercial risks and ensure rate adequacy.
• Developing and validating key assumptions to support pricing accuracy and decision-making.
• Understanding products, underwriting strategies, and market dynamics to provide informed recommendations.
• Clearly documenting methodologies to make complex actuarial concepts accessible.
• Effectively communicating results and recommendations to non-actuarial stakeholders.
• Performing deep-dive analyses.
• Reviewing actuarial planning indications.

If you have:

• Post-secondary education with a major in Actuarial Science, Mathematics, or a related field.
• Associate or near-Associate designation with CAS or CIA.
• Bilingual proficiency in English and French.
• Minimum 5 years of experience in an actuarial-related field.
• In-depth knowledge of commercial insurance products and strong understanding of actuarial pricing techniques (including GLMs and other statistical models).
• Advanced proficiency in actuarial tools and programming languages such as Excel, PowerPoint, SAS, SQL, and Python.
• Ability to clearly communicate technical concepts and findings to non-actuarial stakeholders.

We truly put you first. Here's how:

• We offer competitive salaries and support your financial health through employee share purchase plans, pension plans, RRSP, discounts on staff insurance, and more.
• We help you prioritize your well-being from day one with flexible health benefits, early leave days, wellness programs, rewards, and recognition programs.
• We invest in your growth through education assistance for courses like CIP, FCIP, CRM, and others, along with internal mobility, leadership training, and mentoring programs.
• NBFC cares about the community and supports your causes with donation matching and team volunteer days.

#LI-AK1 #LI-Hybrid

Who we are:

We’re Northbridge Financial, proudly 100% Canadian and owned by Fairfax Financial. We serve through our brands: Northbridge Insurance, Federated Insurance, and TruShield Insurance. Known as one of Canada’s leading commercial property and casualty insurers, our employees are dedicated to understanding customer needs and helping Canadian businesses thrive. We are passionate people who believe in working hard, having fun, and making a difference.

At Northbridge Financial, we embrace and celebrate diversity and are committed to creating an inclusive workplace. We welcome applicants of all backgrounds and are happy to accommodate during the selection process.