Reinsurance & Catastrophe Risk Analyst

Wawanesa Insurance; Quebec; Hybrid; CAD 80,000 - 105,000; Full time

Job summary

The Wawanesa Mutual Insurance Company is seeking a Reinsurance Specialist to monitor catastrophe exposure and support reinsurance program administration across Canada. The role combines office collaboration with flexible hybrid work.

Key duties include maintaining an exposure database, using catastrophe models, and quarterly exposure monitoring, plus assisting with regulatory filings and data submissions. Strong Excel, analytical and communication skills are required.

Qualifications

• Undergraduate degree in actuarial mathematics, statistics, mathematics, computer science or other related field.
• Minimum of 3 years of experience in a P&C insurance related role.
• Extensive knowledge of the Property & Casualty insurance industry and insurance operations in general.
• Strong written and verbal communication skills.
• Excellent analytical and problem-solving skills with the ability to identify relationships, problems and issues to solve complex problems.
• Strong organization skills with the ability to handle multiple concurrent assignments in a timely manner.
• Ability to work as part of a team as well as independently.
• Expert proficiency in MS Excel required; experience with MicroStrategy or SQL would be an asset.
• Actuarial exams, a CIP designation or a ARe designation would be a definite asset

Responsibilities

• Creates and maintains an exposure database for catastrophe modeling
• Assists in the implementation and use of third-party catastrophe models
• Monitors catastrophe exposure accumulations on a quarterly basis
• Assists in the administration and monitoring of the company reinsurance contracts
• Assists in the monthly calculation of ceded recoveries – casualty, catastrophes and facultative.
• Assists in the monthly monitoring of facultative placements by regional branches.
• Assists in monthly reporting to reinsurers.
• Assists in completing regulatory earthquake filings with government agencies
• Assists with the annual reinsurance data submission
• Assists in the allocation proposal for the reinsurance premium annually
• Performs ad hoc data reporting requests as required
• Remains up to date on all regulatory and legal actions/decisions affecting insurance company operations in general.
• Performs other duties and projects as assigned

Skills

Analytical skills

Communication

Organization

Teamwork

Independent work

Education

Undergraduate degree in actuarial mathematics / statistics / mathematics / CS or related field

Tools

MS Excel

SQL

MicroStrategy

Job description

The Wawanesa Mutual Insurance Company is seeking a Reinsurance Specialist to monitor catastrophe exposure and support reinsurance program administration across Canada. The role combines office collaboration with flexible hybrid work.

Key duties include maintaining an exposure database, using catastrophe models, and quarterly exposure monitoring, plus assisting with regulatory filings and data submissions. Strong Excel, analytical and communication skills are required.