Manager, Actuarial Services

Heartland Mutual Insurance; Waterloo; On-site; CAD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Manager for Actuarial Services in their Analytics Department. This role involves leading a talented team, managing projects, and utilizing data analytics to enhance underwriting processes. The ideal candidate will have a strong actuarial background, excellent communication skills, and experience with data systems. Join a forward-thinking company that values personal growth and offers comprehensive benefits, including health coverage and a pension plan. If you are passionate about shaping the future of insurance and thrive in a collaborative environment, this opportunity is perfect for you.

Benefits

Health and dental coverage

Generous pension plan

Incentive plan

Qualifications

• 5+ years of progressive actuarial experience required.
• High proficiency in SAS, SQL, and Excel is essential.

Responsibilities

• Develop team talent and manage daily operations.
• Lead projects and provide regular updates to stakeholders.
• Research and implement innovative ratemaking techniques.

Skills

SAS

SQL

Excel

Data Analytics

Communication Skills

Actuarial Principles

Education

University degree in Computer Science, Mathematics/Statistics or Actuarial

5 actuarial exams (FCAS or ACAS preferred)

Tools

Guidewire systems

Emblem

Job description

Located in Ontario and Nova Scotia, Heartland Mutual Insurance strives to be the Best Mutual. Our team of talented and dedicated professionals challenge the norm and strive to be extraordinary. It’s all about fulfilling our promise with a personal approach. With our team, you’ll bring this purpose to life every day by living our values, being open to change, and pursuing your career aspirations.

Heartland Mutual Insurance has an excellent opportunity in our Analytics Department for a Manager, Actuarial Services.

What you will do...

General

• Develop the team’s talent base – skills, capabilities, knowledge.
• Strategically plan, manage, and coach the team daily.
• Provide regular project updates to stakeholders. Anticipate obstacles and raise them in advance; propose possible solutions to obstacles.
• Lead projects from beginning to end, including documentation. Delegate effectively, including following up where appropriate.

Research & Development

• Research, extract, and manipulate complex data from relevant and diverse sources, and assess data quality.
• Provide and deliver innovative tools to provide company value.
• Investigate and build on the use of new innovative ratemaking and insurance techniques. Share findings across the team and organization, including formal implementations when appropriate.
• Using data analytics, develop and re-evaluate underwriting appetite by identifying trends in company performance. Share and work with other company stakeholders with ensuing actions.
• Coordinate and perform rate reviews on all lines of business, as prioritized by the company. This includes but is not limited to creating rate indications, loss ratio analysis, competitive analysis, completing filings, calculating impacts, while using actuarial ratemaking principles, data analytics, GLMs, or other advanced statistical techniques.
• Coordinate and perform regular rate filings with provincial regulators.
• Work with Leadership, Underwriting, and IT teams on rate reviews and other strategic actions.

Data Analytics

• Understand and effectively utilize Heartland’s Guidewire systems and their underlying data structures.
• Conduct data extraction as necessary.
• Conduct data exploration, such as quote data, billing data, and new experience extractions.

What you will bring...

• University degree (Computer Science, Mathematics/Statistics or Actuarial) is preferred or equivalent experience.
• A minimum of 5 years of progressive, relevant actuarial experience.
• A minimum of 5 actuarial exams. FCAS or ACAS is an asset.
• High proficiency with SAS, SQL, and Excel.
• A thorough understanding of P&C pricing and ratemaking concepts.
• Demonstrated strength in oral, written, and presentation communication skills.
• Prior management experience is preferred.
• A working knowledge of Emblem would be an asset.

What we offer...

In return, we’ll give you countless opportunities to learn and grow. You’ll be empowered to be your best self, do your best work, and make a meaningful impact. Here, you can help shape the future of insurance, win as a team, and grow with us.

At Heartland, our benefits are great and include not only health and dental coverage but also a generous pension plan. All staff members share in our company’s success through our incentive plan.

Intrigued? We can’t wait to hear from you!

Apply Now

If you have the qualifications we are seeking and would thrive in a work environment where you are valued and respected, please apply on the company website. Accommodations are available on request for candidates taking part in all aspects of the selection process.

A Place Where YOU Can Make a Difference! Proudly Canadian. Mutually Owned.