Pricing Actuary

Jobtailor; Vancouver; On-site; CAD 110,000 - 170,000; Full time

Job summary

Jobtailor in Vancouver, BC is seeking an experienced actuary to build rating models and rate level indications for British Columbia auto insurance. You will develop, test, and validate predictive models for risk classification, loss cost, and portfolio performance, and prepare regulatory rate filings while addressing regulator questions.

You will monitor loss experience, portfolio mix, and emerging trends, then collaborate with product, underwriting, sales, and claims teams to translate pricing

Qualifications

• ACAS designation required
• Minimum of 3 years actuarial experience
• Hands-on experience pricing personal auto insurance
• Strong programming skills, preferably in R
• Proficiency with Excel
• Strong statistical modelling experience
• Ability to build from scratch and make decisions without a template
• Clear and effective communication, including with non-technical audiences
• Detail-oriented, organized, and able to manage multiple priorities
• Experience with British Columbia auto insurance is a strong asset
• Experience preparing or supporting regulatory rate filings is valued
• Experience with SQL is beneficial
• Candidates with equivalent skills or the ability to learn tools quickly will also be considered

Responsibilities

• Build rating models and rate level indications for BC auto insurance
• Incorporate company experience as the auto insurance book develops
• Develop, test, and validate predictive models for risk classification, loss cost, and portfolio performance
• Prepare and support regulatory rate filings and respond to regulator questions
• Monitor loss experience, rate adequacy, portfolio mix, and emerging trends
• Recommend portfolio actions based on monitoring results
• Collaborate with product, underwriting, sales, and claims teams
• Translate pricing insights into business decisions
• Present findings clearly to technical and non-technical stakeholders
• Contribute portfolio analysis and performance monitoring across home insurance and Ontario and Quebec auto products

Skills

Statistical Modeling

Predictive Modeling

Data Analysis

Risk Classification

Loss Cost Estimation

Portfolio Performance Monitoring

Programming in R

SQL

Excel

Education

ACAS Designation

Tools

R

SQL

Excel

Job description

• Build rating models and rate level indications for British Columbia auto insurance
• Incorporate company experience as the auto insurance book develops
• Develop, test, and validate predictive models for risk classification, loss cost, and portfolio performance
• Prepare and support regulatory rate filings and respond to regulator questions
• Monitor loss experience, rate adequacy, portfolio mix, and emerging trends
• Recommend portfolio actions based on monitoring results
• Collaborate with product, underwriting, sales, and claims teams
• Translate pricing insights into business decisions
• Present findings clearly to technical and non-technical stakeholders
• Contribute portfolio analysis and performance monitoring across home insurance and Ontario and Quebec auto products

Requirements

• ACAS designation required
• Minimum of 3 years of actuarial experience
• Hands-on experience pricing personal (private passenger) automobile insurance
• Strong programming skills, preferably in R or a comparable language
• Proficiency with Excel
• Strong statistical modelling experience
• Ability to build from scratch and make decisions without a template
• Clear and effective communication, including with non-technical audiences
• Detail-oriented, organized, and able to manage multiple priorities
• Experience with British Columbia auto insurance is a strong asset
• Experience preparing or supporting regulatory rate filings is valued
• Experience with SQL is beneficial
• Candidates with equivalent skills or the ability to learn tools quickly will also be considered

Core Competencies

Demonstrates expertise in building and validating predictive models for auto insurance pricing, with a strong focus on regulatory compliance and effective communication with diverse stakeholders. Proficient in statistical modeling and data analysis, particularly within the context of British Columbia auto insurance.

Highest-signal resume keywords

• ACAS Designation
• Predictive Modeling
• Auto Insurance Pricing
• Regulatory Rate Filings
• Statistical Analysis

ATS Optimization Keywords

Hard Skills

• Statistical Modeling
• Predictive Modeling
• Data Analysis
• Risk Classification
• Loss Cost Estimation
• Portfolio Performance Monitoring
• Decision Making
• Programming in R
• SQL
• Excel

Soft Skills

• Clear Communication
• Detail-Oriented
• Organizational Skills
• Ability to Manage Multiple Priorities

Certifications & Qualifications

• ACAS Designation

Industry Keywords

• British Columbia Auto Insurance
• Regulatory Compliance
• Portfolio Analysis
• Loss Experience Monitoring
• Private Passenger Automobile Insurance