Senior Actuarial Analyst

Co-operators; Toronto, Guelph, Quebec, Montreal; Hybrid; CAD 70,000 - 116,000; Full time

Benefits offered by this job

Flexible work options

Paid time off

Volunteer days

Total rewards package

Job summary

Co-operators in Ontario seeks a P&C Senior Actuarial Analyst to support reserving projects within the Corporate Actuarial team. You will contribute to analyses, prepare reports, and communicate actuarial concepts to business partners.

Adegree in Mathematics/Actuarial Science plus P&C experience is required, with ACAS/FCAS assets preferred. Join a cooperative that prioritizes development opportunities, flexible work options, and a comprehensive rewards package including health and

Qualifications

• Completed post-secondary degree in Mathematics, Actuarial Science or related discipline.
• 2 years of experience in the Property and Casualty field.
• Working knowledge of modeling software and programming languages.
• Experience supporting actuarial projects and/or reserve analysis/reporting.

Responsibilities

• Contribute to regulatory and strategic reserving analyses using actuarial models, data sources and programming languages.
• Support monthly, quarterly and annual reserve reporting and analyses, including the Appointed Actuary Report.
• Communicate actuarial concepts to business partners and maintain documentation of key actuarial functions.
• Improve actuarial practices and procedures in line with trends and best practices in insurance.

Skills

Actuarial modeling

Programming languages

Education

Math/Actuarial degree

Tools

Actuarial software

Programming languages

Job description

Company: CGL
Department: Corp Act-Valuation/Reins
Employment Type: Regular Full-Time
Work Model: Hybrid (2 days in office)
Language: This role operates in English.

The Opportunity:

We are a leading Canadian financial services co-operative committed to being a catalyst for a sustainable and resilient society and our team is essential to deliver on this strategy. That’s why we prioritize our people, to ensure we provide a strong culture and development opportunities which enables our team to thrive and to live our purpose. The best part is that you will work with people that care passionately about you, our clients and our communities.

As a P&C Senior Actuarial Analyst on the Corporate Actuarial team, you are a key player to support reserving projects and reserving interests within broader company's initiatives.

How you will create impact:

• Contributing to regulatory and strategic reserving analyses using actuarial models, various data sources and programming languages.
• Supporting monthly, quarterly and annual reserve reporting and analyses, including the production of the Appointed Actuary Report.
• Communicating actuarial concepts to business partners and maintaining documentation of key actuarial functions.
• Improving existing actuarial practices and procedures in alignment with emerging trends and best practices in the insurance industry and actuarial landscape.
• Leading small to medium sized projects within the team, including developing, following, and reporting on timelines.

To join our team:

• You have completed a post-secondary degree in Mathematics, Actuarial Science or related discipline.
• You have 2 years of experience in the Property and Casualty field.
• You have working knowledge of modeling softwares and programming languages.
• You have experience supporting Actuarial projects and/or completing reserve analysis and reporting.
• Having or working towards the ACAS, FCAS, ACIA or FCIA designations is an asset.
• Proficiency in English is essential to the main duties in this role, including servicing and communicating primarily with majority non-francophone clients, groups, teams. Drafting complex English documents and preparing daily reports for anglophone leaders. The essential non-French duties are not assignable to adjacent or other team members.

How you will succeed:

• You influence change and are committed to continuous improvement, in order to exceed client expectations.
• You leverage critical thinking skills to identify problems and proactively propose solutions.
• Your strong communication skills allow you to clearly convey messages.
• You’re an effective team player who shares knowledge to support our peers.

What you need to know:

• You will be subject to a Background check as a condition of employment, in the event you are the successful candidate.

What’s in it for you?

• Training and development opportunities to grow your career.
• Flexible work options and paid time off to support your personal and family needs.
• A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture.
• Paid volunteer days to give back to your community.
• In addition to our competitive salary and incentive programs, eligible employees also benefit from a comprehensive total rewards package including group retirement savings plans, pension and benefits (e.g., health and wellness, dental, disability and life coverage), mental health support and an employee assistance program.

Salary information

Expected salary range $69,660 to $116,100

The salary amount for the successful candidate is determined by Co-operators in its discretion and will vary depending on several criteria including but not limited to: local market conditions, geography and relevant job-related factors such as knowledge, skills, qualification, experience and education.

Employees may also have the opportunity to participate in incentive programs and earn additional compensation tied to individual and/or business performance, or other business metrics.