Sr Actuary

Maarut; Ottawa; On-site; CAD 150,000 - 190,000; Full time

Job summary

Maarut in Ottawa is seeking a senior actuary to lead actuarial initiatives across Financial Services and other departments, stepping in when the Chief or Senior Actuary is unavailable. You will guide methodologies, data analytics, and valuation work, ensuring accuracy and alignment with strategic goals.

The role requires FCIA and FCAS designations, a minimum of 8 years of actuarial experience, and leadership experience.

Qualifications

• Bachelor’s degree in Actuarial Sciences; FCIA and FCAS designations required.
• Minimum of 8 years progressive actuarial experience.
• Minimum of 1 year experience leading a team of actuaries.
• Strong communication and presentation skills for senior management.

Responsibilities

• Provide actuarial support to senior management and other departments.
• Assist in developing and refining actuarial methodologies and processes.
• Support estimation process optimization and risk assessment initiatives.
• Contribute to liability valuations, fee setting analyses, and sensitivity testing.
• Ensure actuarial systems and applications run effectively.
• Prepare and enhance actuarial reports and documentation.
• Collaborate with Finance to deliver timely actuarial data and insights.
• Lead and mentor actuarial staff; coaching to align priorities with corporate goals.
• Apply actuarial techniques in simulation, modeling, and forecasting.
• Support automation to streamline repetitive tasks.
• Foster continuous improvement and a productive team culture.

Skills

Leadership

Project management

Teamwork

Adaptability

Initiative

Judgment

Analytical

Problem solving

Verbal communication

Written communication

Conflict resolution

Education

Bachelor's Degree in Actuarial Sciences

FCIA designation

FCAS designation

8+ years actuarial experience

1 year leadership/management

Tools

Data analytics language

Job description

• Provides actuarial support to senior management, Financial Services, and other departments, particularly in the absence of the Chief or Senior Actuary
• Assists in the development and refinement of actuarial methodologies, processes, and practices aligned with organizational goals and industry standards
• Supports the optimization of estimation processes through technical analysis and process improvement initiatives
• Contributes to the production and review of actuarial outputs, including liability valuations, fee setting analyses, and sensitivity testing
• Ensures the proper functioning and maintenance of actuarial systems and applications
• Participates in the preparation and enhancement of actuarial reports and documentation
• Collaborates with Finance and other departments to ensure timely and accurate delivery of actuarial data and insights
• Assists in the development of performance metrics that assess professional liability and organizational exposure
• Applies actuarial techniques in simulation, modeling, and forecasting to support risk assessment and strategic decision-making
• Supports the implementation of automated solutions to streamline repetitive tasks and enhance efficiency
• Will assume responsibility for providing guidance to direct reports to support their development and align priorities with corporate objectives; people leadership responsibilities will be implemented at a later date
• Creates and supports a team culture of continuous improvement and a work environment that fosters teamwork, collaboration, and inclusion

Requirements

Education And Experience

• Minimum Bachelor’s Degree in Actuarial Sciences; a comparable field of study may be considered
• Successful completion of FCIA (Fellow of the Canadian Institute of Actuaries) and FCAS (Fellow of the Casualty Actuarial Society) designations is required
• Minimum of 8 years of progressive work experience in the actuarial field
• Minimum of 1 year of experience leading and managing a team of actuarial professionals
• Strong aptitude for quickly learning and utilizing new computer applications and systems
• Strong knowledge of financial reporting practice, valuation and ratemaking
• Working knowledge of data analytics or data programming language preferred
• Experience with organizing and delivering informative, thorough, and professional presentations to all audiences
• Ability to communicate complex financial information and concepts to a non-technical audience
• Experience working with senior management, executive decision-makers, and external stakeholders
• Experience with successfully delivering cross-functional projects and change initiatives
• Proven ability to lead and engage a team of professionals, ability to coach, mentor, and motivate staff to achieve organizational and individual goals

Skills And Abilities

• Leadership: with a growth mindset, takes a corporate, long-term view in defining and communicating goals and outcomes to the team that provide direction, purpose, and inspiration. Sees the \"big picture\" of how all functions work together to produce value to members and stakeholders. Exceptionally collaborator, communicator, and facilitator. Fosters a positive culture of trust and respect where team members feel valued and supported.
• Project management: develops project plans; coordinates projects; communicates changes and progress; completes projects on time and budget; manages project team activities; firm knowledge of project management and agile methodologies and tools.
• Teamwork: balances team and individual responsibilities creating the right context for self-organizing teams; exhibits objectivity and openness to others' views; gives and welcomes feedback. Includes staff in planning, decision-making, facilitating and process improvement. Builds and maintains lasting relationships with other teams/ departments, key business partners, and external parties.
• Adaptability: adapts to changes in the work environment; manages competing demands; changes approach or method to best fit the situation; able to deal with frequent change, delays, or unexpected events; keeps commitments. Flexible and open to new ideas and approaches, embraces change as an opportunity for growth. Proven ability to encourage, support, and enable change.
• Initiative: looks for and takes advantage of opportunities; presents ideas and information in a manner that generates interest.
• Judgment: takes responsibility for decisions and actions, includes appropriate people in decision-making process; makes informed and timely decisions. Makes difficult decisions, when necessary, holds themselves accountable for outcomes and learns from their mistakes.
• Analytical: synthesizes complex or diverse information; uses intuition and experience to complement data.
• Problem-solving: uses critical thinking and analytical skills to find solutions to challenges. Appropriately seeks input from others but takes ultimate responsibility.
• Verbal communication: tone and approach are adjusted to fit the needs of the audience and circumstances, listens, and gets clarification; speaks clearly and persuasively; responds well to questions; demonstrates group presentation skills; participates effectively in meetings.
• Written communication: writes clearly and informatively; edits work for spelling and grammar; varies writing style to meet needs; presents numerical data effectively.
• Conflict resolution: skilled in managing and resolving conflicts in a constructive manner while maintaining psychological safety.