Specialist, Actuarial

Definity; Toronto; Hybrid; CAD 109,000 - 159,000; Full time

Benefits offered by this job

Hybrid work schedule

Company stock ownership program

Pension and RRSP contributions with，公司

Job summary

Definity is seeking an experienced actuarial professional in Canada to shape Personal Insurance pricing through advanced analytics, data science, and strategic problem-solving. You will lead cross-functional analytics initiatives, develop frameworks, and translate insights into actionable business decisions for senior leadership.

Ideal candidates have 6+ years in P&C actuarial analytics, ACAS preferred, strong Python/R/SQL/SAS skills, and a track record of delivering measurable business impact.

Qualifications

• University degree in Actuarial Science, Mathematics, Statistics, Data Science, Economics, or another quantitative discipline.
• ACAS designation preferred; FCAS asset.

Responsibilities

• Lead and execute strategic analytics initiatives focusing on pricing, customer insights, and analytics for Personal Insurance.
• Investigate complex business problems using data sources, actuarial techniques, predictive analytics and advanced statistics.
• Develop analytical frameworks and recommendations to inform key business decisions and growth.
• Partner with Pricing, Product, Underwriting, Claims, Distribution, Data Science and other teams to drive alignment.
• Translate technical findings into clear business recommendations for technical and non-technical audiences.
• Present findings to senior leaders and translate analytics into actionable business decisions.
• Design and evaluate innovative concepts and analytical solutions to improve customer value and risk assessment.
• Produce analysis and performance monitoring to identify trends, risks, opportunities and competitive developments.
• Lead large cross-functional initiatives from definition to implementation with measurable impact.
• Mentor junior team members and provide technical guidance on projects.
• Continuously explore new data sources and analytics methods to drive innovation.

Skills

Python

R

SQL

SAS

Excel

PowerPoint

Education

Actuarial Science degree

ACAS designation

FCAS asset

Tools

SAS

PowerPoint

Excel

Job description

The Opportunity

Reporting to the Manager, Innovation & Special Projects, Personal Insurance Pricing, the successful candidate will play a key role in shaping the future of Personal Insurance through advanced analytics, strategic problem solving, and innovation. This is a unique opportunity for an experienced actuarial professional to operate at the intersection of pricing, customer insights, data science, underwriting, and business strategy.

Job Description

• Lead and execute strategic analytics initiatives focused on emerging business opportunities, customer insights, risk segmentation, and pricing innovation.
• Identify, investigate, and solve complex business problems by leveraging internal and external data sources, actuarial techniques, predictive analytics, and advanced statistical methods.
• Develop analytical frameworks and recommendations that inform key business decisions and support long-term growth objectives.
• Partner with stakeholders across Pricing, Product, Underwriting, Claims, Distribution, Data Science, and other business functions to drive alignment and influence outcomes.
• Translate technical findings into clear and compelling recommendations tailored to both technical and non-technical audiences.
• Present findings and recommendations to senior leaders, translating complex analytics into clear business actions and strategic decisions.
• Design and evaluate innovative concepts, programs, and analytical solutions that improve customer value, risk assessment, operational efficiency, and business performance.
• Produce insightful analysis and performance monitoring that helps identify emerging trends, risks, opportunities, and competitive developments.
• Lead large-scale, cross-functional initiatives from problem definition through implementation, ensuring high-quality deliverables and measurable business impact.
• Support the development of analytical best practices, mentor junior team members, and provide technical guidance on project work.
• Continuously explore new data sources, analytical methodologies, and industry trends to enhance the team's capabilities and drive innovation.

What You Bring

• University degree in Actuarial Science, Mathematics, Statistics, Data Science, Economics, or another quantitative discipline.
• ACAS designation preferred. FCAS is an asset.
• 6+ years of P&C actuarial experience, with experience in Personal Insurance pricing, predictive modeling, analytics, or related functions considered an asset.
• Demonstrated ability to independently lead complex analytical projects and deliver actionable business recommendations.
• Demonstrated ability to influence decision-making and build consensus across technical and business stakeholders.
• Strong analytical and critical thinking skills, with the ability to structure and solve ambiguous problems.
• Experience working with large datasets and applying statistical, actuarial, predictive modeling, or machine learning techniques to generate business insights.
• Experience in data science, predictive analytics, or machine learning, including developing advanced analytical solutions that drive business insights and decision-making, is considered an asset.
• Strong programming capabilities in Python, R, SAS, SQL, or similar analytical tools.
• Advanced knowledge of Excel and effective use of PowerPoint and other communication tools.

Salary Range:

$108,700-$158,700

About Us

Actual salary for the role may vary depending on work location of the successful candidate and other factors including but not limited to, skills, education, experience, working conditions and the local labour market.

This position is being posted to fill an existing vacancy.

We’re actively seeking diverse backgrounds and perspectives to help us make insurance better.

What’s in it for you?

• Hybrid work schedule for most roles
• Company share ownership program
• Incentive Program - Eligible employees may participate in various incentive plans which are paid out at the discretion of the company and subject to individual and company performance.
• Pension and savings programs, with company-matched RRSP contributions
• Paid volunteer days and company matching on charitable donations
• Educational resources, tuition assistance, and paid time off to study for exams
• Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents
• Wellness and recognition programs
• Discounts on products and services

Additional Information

It’s better here — but don’t take our word for it. Definity was named by Great Place to Work as one of the Best Workplaces in Canada for women, for youth, and for inclusion.

Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know by contacting [e-mail].

As part of Definity’s commitment to reconciliation, we acknowledge that our work, meetings, and travel take place on the lands now known as Canada, and recognize the enduring presence, wisdom, and stewardship of the First Nations, Métis, and Inuit peoples who have long cared for these lands.

Background checks

This role requires successful clearance of background checks (including criminal checks and leadership references).

About The Team

Definity is the parent company to some of Canada’s most long-standing and innovative insurance brands, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. Our ambition is to be one of Canada’s leading and most innovative property and casualty insurers. We can’t do that without our people, so we embrace and encourage a culture that’s collaborative, ambitious, rewarding, and empowering.

We offer a flexible, hybrid work experience where employees work from the office and virtually depending on the type of work they are doing and who they are working with. Bring your true self and be a part of our journey. It’s better here.