Senior Actuarial Analyst - Auto Pricing

Co-operators; Quebec, Guelph, Montreal, Toronto; Hybrid; CAD 80,000 - 100,000; Full time

Job summary

A leading Canadian financial services co-operative is seeking a Senior Actuarial Analyst to lead pricing initiatives and collaborate with business partners. The ideal candidate will have a post-secondary degree in Mathematics, Actuarial Science, or a related discipline. Key responsibilities include developing advanced analytical models and training the team. This role offers a hybrid work model, training opportunities, and a comprehensive rewards package including health benefits and paid volunteer days.

Benefits

Training and development opportunities

Flexible work options

Paid volunteer days

Holistic well-being programs

Comprehensive rewards package

Qualifications

• Minimum of 2 years of relevant experience in the property and casualty actuarial field.
• Advanced knowledge of modeling software and programming languages.
• Successful completion of four actuarial exams of the CIA/SOA.

Responsibilities

• Lead pricing initiatives and collaborate with business partners.
• Developing rate change projects and advanced analytical models.
• Communicate basic actuarial concepts within the department.
• Training and mentoring of team members.

Skills

Critical thinking

Strong communication

Innovative mindset

Education

Post-secondary degree in Mathematics, Actuarial Science or related discipline

Tools

SQL

SAS

R

Python

Microsoft Excel

Job description

Company: CGIC
Department: Home & Auto
Employment Type: Permanent Full-Time
Work Model: Hybrid
Language: English is required, French is an asset.
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.

Our P&C Pricing and Segmentation team is considered an industry leader in the application of actuarial science. Our diverse, skilled team is action-oriented and strives to proactively deliver effective solutions and results. Our success is enhanced by forming strategic partnerships and continuously surpassing the industry in the advancement of science and analytics.

As a Senior Actuarial Analyst, you will lead pricing initiatives and collaborate with business partners to understand their needs. You will lead complex projects to deliver unique solutions to ensure the profitability of our auto portfolio.

How you will create impact:

• Developing rate change projects (rate level or segmentation) and various advanced analytical models aligned with corporate strategies.
• Preparing of rate filings and negotiating with regulators to support proposed changes.
• Working efficiently with advanced modeling software, various data sources and programming languages to contribute to strategic objectives.
• 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 of team.

How you will succeed:

You have an innovative mindset to improve operational efficiencies and ability to influence change, with a primary focus on client needs.

You use critical thinking skills to recognize assumptions, evaluate arguments, draw conclusions and proactively propose solutions.

You have strong communication skills to clearly convey messages and explore diverse points of view.

You build trusting relationships and provide guidance to support the development of colleagues.

To join our team:

• You have completed a post-secondary degree in Mathematics, Actuarial Science or a related discipline.
• You have a minimum of 2 years of relevant experience in the property and casualty actuarial field.
• You have advanced knowledge of modeling software and programming languages (SQL, SAS, R and/or Python).
• You have successfully completed four Actuarial exams of the CIA/SOA.
• You have strong computing skills including experience with Microsoft Office and Excel.
• This position primarily works with majority non-francophone groups, and teams located outside of Québec, and requires proficiency in English. The essential non-French duties are not assignable to adjacent or other team members.

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.