Sr Actuarial Analyst, Personal Insurance Pricing

Definity; Toronto; Hybrid; CAD 76,000 - 146,000; Full time

Job summary

Join a forward-thinking company as a Sr Actuarial Analyst, where you will play a pivotal role in shaping pricing strategies and enhancing actuarial operations. This dynamic position offers the opportunity to lead projects, engage with stakeholders, and drive process efficiencies in a collaborative environment. Enjoy a flexible hybrid work schedule while contributing to innovative solutions in personal insurance pricing. With a commitment to diversity and inclusion, this organization values unique perspectives and encourages all candidates to apply, regardless of their qualifications. Be part of a team that is recognized as a top workplace for its inclusive culture and rewarding environment.

Benefits

Hybrid work schedule

Company share ownership program

Pension and savings plans

Paid volunteer days

Educational resources and tuition assistance

Wellness and recognition programs

Product and service discounts

Qualifications

• Completion of 4-6 CAS exams is required.
• 2-5 years of relevant full-time experience in actuarial roles.

Responsibilities

• Contribute to pricing projects using advanced actuarial models.
• Manage rate filings and develop new tools and processes.

Skills

Programming Skills (SAS, Excel, Access, VBA)

Communication Skills

Organizational Skills

Ability to Perform Under Pressure

Teamwork and Adaptability

Education

University Degree in Actuarial Sciences, Mathematics, Statistics

Tools

Predictive Modeling Software

Job description

Sr Actuarial Analyst, Personal Insurance Pricing

Join to apply for the Sr Actuarial Analyst, Personal Insurance Pricing role at Definity.

Definity is the parent company of several longstanding and innovative insurance brands in Canada, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. Our goal is to become one of Canada's leading property and casualty insurers. We foster a culture that is collaborative, ambitious, rewarding, and empowering.

We offer a flexible, hybrid work environment where employees can work from the office or remotely, depending on their role and team needs. We encourage you to bring your authentic self to work and be part of our journey. It’s better here.

Reporting to the Pricing Manager, your responsibilities include contributing to pricing projects using advanced actuarial models and innovative methods, as well as mentoring less experienced analysts. Projects involve managing rate filings, developing new tools and processes, creating rating structures, and monitoring rate adequacy. You will gain exposure to rating and product development in personal auto lines, with opportunities for project leadership, interaction with senior management, and career growth.

What can you expect in this role?

• Work on diverse key business initiatives, from diagnostics to new pricing strategies
• Manage rate filings across different regions
• Develop solutions for current and emerging trends
• Participate in cross-departmental projects with high visibility
• Engage with internal and external stakeholders
• Identify process efficiencies across business areas
• Enhance knowledge of actuarial operations, including predictive modeling, underwriting, claims, and product development
• Apply your skills with database and predictive modeling software for profitability analysis and other applications
• Manage project timelines effectively
• Communicate actuarial concepts and recommendations clearly to management in writing and verbally
• Monitor company and industry performance metrics
• Perform peer reviews of technical and qualitative analyses

What do you bring to the role?

• University degree in Actuarial Sciences, Mathematics, Statistics, or related field
• Completion of 4-6 CAS exams
• 2-5 years of relevant full-time experience
• Strong programming skills, including SAS, Excel, Access, VBA
• Excellent communication and organizational skills
• Ability to perform under pressure in a busy environment
• Team player with adaptability to a fast-paced setting

Note: Fluency in English is required for serving clients across Canada.

Salary Range: $76,100 - $146,000.

Interested but don’t meet every qualification? We encourage you to apply! We value diverse backgrounds and perspectives, believing that you don’t need to meet 100% of the qualifications to bring value to our team. Inclusion, diversity, and equity are essential to our success.

What’s in it for you?

• Hybrid work schedule
• Company share ownership program
• Pension and savings plans with company-matched RRSP contributions
• Paid volunteer days and charitable donation matching
• Educational resources, tuition assistance, and paid exam leave
• Support for diversity and inclusion initiatives, including resources for gender affirmation, BIPOC counselors, and working parents
• Wellness and recognition programs
• Product and service discounts

Actual salary may vary based on location, skills, education, experience, and market conditions. Incentive plans may also be available based on performance.

Expect a rewarding environment — you deserve it. Definity has been recognized as a top workplace for women, youth, and inclusion by Great Place to Work.

Our inclusive environment welcomes diversity and accessibility. For accommodations during the recruitment process, contact [email protected].

Background checks

This role requires successful completion of background checks, including criminal and leadership references.

Additional Information

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Finance and Sales
• Industry: Insurance