Sr Analyst, Actuarial- Personal Insurance Pricing

Definity; Calgary; On-site; CAD 69,000 - 141,000; Full time

Job summary

A leading company in the insurance sector is seeking an Actuarial Analyst to contribute to pricing projects and mentor junior analysts. This role offers exposure to product development and leadership opportunities, working on innovative pricing models and collaborating with various stakeholders.

Benefits

Company share ownership program

Pension and savings plans

Paid volunteer days

Tuition assistance

Wellness programs

Qualifications

• 2-5 years of relevant full-time experience.
• Completion of 4-6 CAS exams.

Responsibilities

• Contribute to pricing projects using actuarial models.
• Coach and mentor less experienced analysts.
• Engage in cross-departmental projects.

Skills

Communication

Organizational Skills

Programming

Education

University degree in Actuarial Sciences

Mathematics

Statistics

Tools

SAS

Microsoft Office

Job description

Reporting to the Pricing Director, your responsibilities include contributing to pricing projects using state-of-the-art actuarial models and innovative approaches, as well as coaching and mentoring less experienced analysts. Projects are varied and include tackling natural catastrophe perils, developing new tools and processes, creating rating structures, and monitoring/reporting on overall rate adequacy. In this role, you will gain exposure to rating and product development in personal property lines (national), with valuable project leadership opportunities, exposure to higher management, and career development potential.

What can you expect in this role?

• Work on diverse and unique business initiatives, from diagnostics to creating new pricing models.
• Participate in developing solutions for current and emerging trends.
• Engage in high-exposure, cross-departmental projects.
• Collaborate with internal and external stakeholders.
• Identify opportunities to improve processes across business areas.
• Develop knowledge of actuarial operations and the insurance industry, including predictive modeling, underwriting, claims handling, and product development.
• Utilize database and predictive modeling software to analyze data for profitability and other applications.
• Manage timelines effectively for independent projects and analyses.
• Communicate actuarial concepts and recommendations clearly to management, both verbally and in writing, with supporting documentation.
• Track and monitor company and industry performance.
• Perform peer reviews of technical and qualitative analyses conducted by colleagues.

What do you bring to the role?

• University degree in Actuarial Sciences, Mathematics, Statistics, or related fields.
• Completion of 4-6 CAS exams.
• 2-5 years of relevant full-time experience.
• Strong programming skills, including SAS and efficient use of Microsoft Office applications (Excel, Access, VBA, etc.).
• Excellent communication and organizational skills.
• Ability to perform well under pressure in a busy environment.
• Team player, adaptable to change, and able to thrive in a fast-paced setting.

Salary range: $69,800 - $140,400.

About Us

If you’re interested in this role but don’t meet every requirement, we encourage you to apply! We value diverse backgrounds and perspectives to help us improve insurance. Inclusion, diversity, and equity are core to our success at Definity.

What’s in it for you?

• Company share ownership program.
• Pension and savings plans with company-matched RRSP contributions.
• Paid volunteer days and matching charitable donations.
• Educational resources, tuition assistance, and paid study leave.
• Support for inclusion, gender affirmation, BIPOC counseling, and programs for working parents.
• Wellness and recognition programs.
• Product and service discounts.

Actual salary may vary based on location, skills, education, experience, and market conditions. Employees may also participate in incentive plans based on performance.

Go ahead and expect a lot — you deserve it.

Our inclusive environment welcomes diversity and supports accessibility. If accommodations are needed during recruitment, please contact us.

Background checks

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