Sr Analyst, Actuarial - Planning

Definity Financial Corporation; Vancouver; On-site; CAD 76,000 - 146,000; Full time

Job summary

A leading financial corporation is seeking an Actuarial Analyst to join their Corporate Actuarial department. This role involves contributing to loss ratio projections, leading innovative projects, and mentoring junior analysts. Candidates should possess a degree in a quantitative field and have completed several actuarial exams. This position offers exposure to various business lines and collaboration with multiple teams, providing a comprehensive view of the actuarial function within the organization.

Qualifications

• Completion of a minimum of 4-6 CAS/SOA exams or equivalent credentials.
• 2 to 5 years of full-time actuarial experience in the insurance industry.
• Strong Excel skills and efficient use of Microsoft Word and PowerPoint.

Responsibilities

• Contribute to loss ratio projections and innovative process improvements.
• Communicate actuarial concepts to various stakeholders.
• Manage timelines for projects and analyses.

Skills

Data Analysis

Communication

Problem Solving

Teamwork

Education

University degree in Actuarial Sciences, Mathematics or Statistics

Tools

SAS

Excel VBA

Python

R

Microsoft Word

Microsoft PowerPoint

Job description

Reporting to the Planning Manager, your responsibilities include contributions to the projections of the loss ratios for the 3-year business plan as well as its reforecasts each quarter, monitoring, leading innovative projects to improve our processes and coaching and mentoring less experienced analysts. In this role, you will have exposure to all lines of business both personal and commercial and regions as well as opportunities to collaborate with a wide range of teams across other Actuarial teams such as Reserving, Pricing, Strategic Risk, Economic Capital Modeling and external teams such as Finance, Reinsurance and Enterprise Risk Management (ERM). As the Planning team presents the projections, you will also get exposure to higher management.

What could this role bring to you?

• Be a part of a multi-faceted strategic risk team within the Corporate Actuarial department.
• Contribute to various concepts such as catastrophe and large loss analysis, assessing impact of weather change, projection and monitoring of loss ratio, and other risk related queries that impact the business performance
• Develop and apply your experience with spreadsheets, databases, and statistical software to prepare and analyze data for profitability analysis, deep dive analysis, and other diverse applications.
• Communicate actuarial concepts and make recommendations to different stakeholders, including actuarial stakeholders and non-actuarial stakeholders, both verbally and in writing with supporting documentation.
• Produce various data exhibits and analyses relating to measuring, tracking, and monitoring company and industry performance.
• Effectively manage timelines for projects and analysis
• Respond to routine requests of internal and external stakeholders related to standard reports and processes.
• Opportunities to lead and peer review the technical and qualitative work of peers

What could you bring to the role?

• University degree in a quantitative field: Actuarial Sciences, Mathematics or Statistics
• Completion of a minimum of 4-6 CAS/SOA exams or equivalent credentials
• 2 to 5 years of full-time actuarial experience in insurance industry.
• Proficiency in programming language (SAS, Excel VBA, Python or R) is an asset
• Knowledge of IFRS 17 is an asset
• Strong Excel skills and efficient use of Microsoft Word and PowerPoint.
• Strong data analytic skills and a strong interest in learning new knowledge and skills.
• Excellent communication and organizational skills.
• Able to perform well in a busy operation and remain calm under pressure.
• Team player, adaptable to a changing and fast-paced environment.

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