Senior Actuarial Consultant - Claims Analytics

Wawanesa Insurance; Montreal; Hybrid; CAD 125,000 - 145,000; Full time

Job summary

A leading Canadian mutual insurer is seeking a Senior Actuarial Consultant to join their Claims Analytics & Insights team in Montreal. The candidate will leverage analytical and programming skills to provide insights on claims data, helping to reduce costs and improve member experience. Applicants should have a degree in Actuarial Science or a related field, with at least 6 years of relevant experience. The role offers a hybrid work model and competitive salary ranging from $125,000 to $145,000.

Benefits

Annual bonus plan

Generous vacation time

Premium free benefits

Pension plan

Qualifications

• 6 or more years of relevant experience in actuarial or analytics preferred.
• FCAS designation is an asset.
• Experience in P&C is a plus.

Responsibilities

• Identify emerging trends from claims data and present findings.
• Develop a holistic view of claims and communicate insights effectively.
• Lead end-to-end analytics solutions to improve claims outcomes.

Skills

Advanced problem-solving

Data analysis

Effective communication

Team collaboration

Initiative

Education

Post-secondary degree in Actuarial Science or related discipline

Tools

SQL

Python

R

Microsoft Excel

Microsoft PowerPoint

Job description

Job ID: 9627

Employment Type: Existing Role. Working Business Language: English. This role is considered a head‑office role and will be required to communicate with internal stakeholders across Canada where the primary business language utilized is English.

Salary: At Wawanesa, salary is only one component of a holistic, comprehensive and competitive offering that we provide to our employees. In addition to salary, full‑time and part‑time permanent employees are eligible for an annual bonus plan, leave of absence top‑up programs and generous vacation time, personal days, premium free benefits and pension plan. The salary offered for this role is estimated to be within the following range: $125,000 - $145,000. Candidates with salary expectations outside of the range are still encouraged to apply.

About Us: At Wawanesa, we offer a hybrid work environment that offers flexibility to our employees in balancing in‑office (2 days per week OR 15 hours per week in a Wawanesa office) and remote work. You may work from any of the following locations: Winnipeg, MB; Wawanesa, MB; Vancouver, BC; Calgary, AB; Edmonton, AB; Lethbridge, AB; Toronto (North York), ON; Kitchener, ON; Ottawa, ON; Montreal, QC; Quebec City, QC; Moncton, NB; Dartmouth; NS.

The Wawanesa Mutual Insurance Company (“Wawanesa Mutual”), founded in 1896, is one of Canada’s largest mutual insurers, with over $3.5 billion in annual revenue and assets of $10 billion (CAD). Wawanesa Mutual, with its National Headquarters in Winnipeg, is the parent company of Wawanesa Life, which provides life insurance products and services throughout Canada, and Western Financial Group, which distributes personal and business insurance across Canada. Wawanesa proudly serves more than 1.7 million members in Canada, and we are home to more than 3,300 employees distributed across the Canadian regions and communities where we operate. We give back to organizations that strengthen communities, donating more than $3.5 million annually to charitable organizations, including over $2 million annually in support of people on the front lines of climate change. We are also proud to be recognized as one of Manitoba’s Top Employers. To learn more visit wawanesa.com.

We are currently looking for dedicated, driven, and enthusiastic individuals who thrive in an environment that welcomes change and are looking for an opportunity for diverse experience and advancement on a growing team.

Job Overview

As a Senior Actuarial Consultant on the Claims Analytics & Insights team you will leverage your analytical, programming, and actuarial experience to deliver critical insights and analysis on business problems with a wide range of complexity. You will explore all aspects of claims data and processes and while developing a deep understanding of the drivers and components of claims severity and frequency. You will support Wawanesa’s success by providing the business with the critical insights needed to effectively manage and reduce claims costs while strengthening the member claims experience.

Job Responsibilities

• Takes initiative in the identification and investigation of emerging trends, issues, and opportunities arising from claims data and analysis. Presenting or escalating as appropriate.
• An authority on claims data and trends, you put insights and analysis in context, developing a holistic view of claims and an ability to speak to both operational and actuarial aspects.
• Participates in the timely delivery of recurrent analysis, summarizing the key results and explaining the variance over time or to plan.
• Perform deep‑dive analysis on claims results and present the analysis with clarity and an appropriate level of complexity for your audience.
• Identify actionable opportunities for improving claims severity, through data analysis and in collaboration with Claims Operations and other partners.
• Take a leading role on end‑to‑end analytics solutions over a range of complexity, from identifying and exploring opportunities to the delivery of analysis; from presenting the business case to gaining buy‑in from key partners; from delivering on your vision to tracking the impacts.
• As a leader within the team, you will build trust and credibility with Claims Operations partners, support the continued development of your peers, and invest in relationships with key partners.
• Keep informed of industry and economic trends and regulatory reforms, understand, and quantify the related opportunities, threats, and impacts arising for Wawanesa from these.

Qualifications

• Post‑secondary degree in Actuarial Science, Mathematics, Statistics, or related discipline.
• 6 or more years of relevant experience, P&C experience in actuarial or analytics preferred.
• FCAS designation an asset.
• Advanced problem‑solving and analysis skills with consistent rigor in quality of work.
• Able to conceptualize technical problems to develop clarity and a global vision.
• Proficiency in programming (SQL, Python, R, or related languages).
• Proficiency in Microsoft Excel and PowerPoint.
• Effective communicator with proven skills to present, teach, and persuade.
• Works well in a team setting, contributes to team spirit and shared objectives.
• Adept at supporting and mentoring colleagues.
• Works openly and transparently in collaboration with business partners.
• Shows strong initiative, autonomy, and a desire to win.

#LI-AF1 #LI-Hybrid

Diversity Equity, Inclusion & Belonging

At Wawanesa, we are committed to Diversity, Equity, Inclusion and Belonging (DEIB) and believe that our strength lies in the diversity of our people – this is supported by having a representative workforce.

We welcome applications from all qualified candidates, including racialized persons, women, Indigenous Peoples, persons with disabilities, members of the 2SLGBTQIA+ community, gender‑diverse and neurodiverse individuals, and anyone who can contribute to the further diversification of thought and ideas.

We aim to ensure our recruitment process is accessible to all candidates. If you require accommodations during any stage of the recruitment process, please reach out in confidence to [e-mail].

All Wawanesa job applicants are subject to Wawanesa's Privacy Policy.

Please note that this position may involve the use of AI tools to screen, assess, or select applicants. All final decisions are taken or reviewed by human recruiters and human hiring leaders in compliance with all applicable legislation.