Senior Actuarial Analyst- 14 month contract

Socket.dev; Burlington; Hybrid; CAD 70,000 - 116,000; Full time

Job summary

CLIC is seeking a Sr Actuarial Analyst as part of the Actuarial Student Program in Canada. This role develops actuaries by exposing them to different actuarial functions while providing exam support.

It is a hybrid position within a team that values ethics and professional growth. The Senior Analyst will work on pricing and product support for wealth products, mentor junior staff, and communicate actuarial concepts clearly.

Qualifications

• Bachelor’s degree in Actuarial Science from CIA-accredited university or a Bachelor’s degree in a relevant discipline.
• Insurance industry experience including actuarial modeling.
• Actively pursuing CIA or SOA designation and within one year of Associateship with either organization.
• Strong computing skills including Microsoft Office and Excel.

Responsibilities

• Completing pricing and product support work for wealth products including individual annuities, group annuities, segregated funds, and group retirement.
• Developing understanding of actuarial concepts and applying them to develop conclusions.
• Communicating basic actuarial concepts within the department both verbally and in writing, and preparing official communication within the department.
• Upholding professional ethics, values, policies and procedures that support the company’s standards.
• Utilizing and developing Actuarial knowledge through research and development and education.
• Training and mentoring junior staff.

Skills

Actuarial knowledge

Excel

Microsoft Office

Communication

Teamwork

Education

Bachelor's degree in Actuarial Science (CIA-accredited)

Bachelor's degree in a relevant discipline

Tools

Excel

Microsoft Office

Job description

Company: CLIC
Department: Individual Insurance and Wealth Management
Employment Type: Temporary Full-Time (14 months)
Work Model: Hybrid (2 days in office)
Language: This role operates in English.
Additional Information: This/these role(s) is/are currently vacant

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.

The Sr Actuarial Analyst role is the sophomore role in the Actuarial Student Program. The Actuarial Student Program looks to develop actuaries within the company by exposing them to the different actuarial functions of the company while at the same time providing support for actuarial exams. While the work itself will be department-specific the role is the continued application of fundamentals of actuarial practice in a professional setting.

How you will create impact:

• Completing pricing and product support work for various wealth products including individual annuities, group annuities, segregated funds, and group retirement. This may entail analyzing assumptions, creating projections, running quotes, etc.
• Developing a broad understanding of the practical applications of actuarial concepts and use them to develop conclusions.
• Communicating basic actuarial concepts within the department both verbally and in writing, and prepare official communication within the department.
• Upholding professional ethics, values, policies and procedures that support the company’s and profession’s standards.
• Utilizing and developing Actuarial Knowledge and experience gained through research and development initiatives as well as education learning.
• Training and mentoring junior staff.

To join our team:

• You have a Bachelor’s degree in Actuarial Science from a Canadian Institute of Actuaries (CIA)-accredited university or a Bachelor’s degree in a relevant discipline.
• You have insurance industry experience including actuarial modeling.
• You are actively pursuing a designation with the Canadian Institute of Actuaries (CIA) or The Society of Actuaries (SOA) and are within one year of attaining your Associateship with either organizations
• You have strong computing skills including experience with Microsoft Office and Excel.

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.

Expected salary range $69,660 - $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.