Senior Actuary

TEEMA Solutions Group; Vancouver; Hybrid; CAD 80,000 - 120,000; Full time

Job summary

An innovative firm is seeking a Senior Actuary to join their dynamic Pricing team in Vancouver. This role involves contributing to critical pricing analyses and supervising junior actuaries while ensuring compliance with accepted actuarial practices. You will communicate complex results to stakeholders, lead significant projects, and identify process improvements. The ideal candidate will possess strong analytical and communication skills, be close to attaining their Fellowship designation, and have a passion for creative problem-solving. Join a forward-thinking organization that values collaboration and innovation in the insurance landscape.

Qualifications

• Minimum of four years of relevant actuarial experience.
• Fellowship designation with CAS or equivalent is preferred.

Responsibilities

• Contribute to pricing analysis and ensure compliance with actuarial practices.
• Supervise junior team members and lead large projects.

Skills

Actuarial Principles

Collaboration Skills

Analytical Skills

Communication Skills

Process Improvement

Education

Post-secondary degree

Master’s degree in Actuarial Science

Tools

MS Excel

Python

SQL

R

VBA

PySpark

SAS

Job description

Senior Actuary - Hybrid, Vancouver, BC

Our client's actuaries primarily work in two areas: Insurance Pricing and Corporate Actuarial. Insurance Pricing is responsible for overall rate recommendations for both Basic and Optional Insurance products, rate design, program evaluation, and other insurance modeling projects. Corporate Actuarial handles the estimation of the company's IBNR reserves, analysis of claims data and other relevant factors to identify future claims trends, financial reporting (discounting of unpaid claims, ULAE reserve), and capital adequacy testing to determine the company's internal capital management MCT targets. They currently have an opportunity for an Actuary to join their Pricing team.

What you will be doing:

1. Contribute to the pricing analysis, ensuring compliance with Accepted Actuarial Practice in Canada.
2. Supervise junior team members and provide peer review of their work.
3. Author reports that draw attention to critical issues and required actions.
4. Communicate complex technical results, verbally and in writing, to key internal and external stakeholders, including senior management.
5. Lead large projects.
6. Identify and implement process improvements to analytical work.
7. Develop operational knowledge in areas such as underwriting, product development, and claims processing.

What you must have:

1. Post-secondary degree with solid knowledge of actuarial principles and a minimum of four years of relevant experience in various actuarial work areas.
2. Attained or close to attaining the Fellowship designation with the CAS (or equivalent organization).
3. Strong collaboration skills.
4. Excellent verbal and written communication skills, complemented by solid analytical skills, critical thinking, and knowledge of the insurance landscape.
5. Enthusiasm to challenge the status quo and provide creative solutions to business problems.
6. Advanced proficiency in MS Excel.
7. A Master’s or higher degree in Actuarial Science, Statistics, or related fields is preferred.
8. Exposure to Python, SQL, R, VBA, PySpark, and SAS is considered an asset.