Sr Analyst, Actuarial - Pricing

Definity Financial Corporation; Montreal; On-site; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a talented actuary to contribute to innovative pricing projects in the personal auto insurance sector. This role offers a unique opportunity to work on diverse business initiatives, from developing pricing strategies to managing rate filings. You'll engage in high-exposure projects, collaborate with various stakeholders, and have the chance to mentor less experienced analysts. With a focus on career development and exposure to higher management, this position promises to enhance your actuarial knowledge and skills while making a significant impact on the company's success.

Qualifications

• Strong knowledge of actuarial operations and insurance business.
• Experience in managing rate filings and developing pricing strategies.

Responsibilities

• Contribute to pricing projects using innovative actuarial models.
• Manage timelines effectively for independent projects and analyses.

Skills

Actuarial modeling

Predictive modeling

Data analysis

Project management

Stakeholder engagement

Education

Bachelor's degree in Actuarial Science or related field

Professional actuarial designation (e.g., ACAS, FCAS)

Tools

Database software

Predictive modeling software

Job description

Reporting to the Pricing Manager, your responsibilities include contributions 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 managing rate filings, developing new tools and processes, creating rating structures, and monitoring/reporting on overall rate adequacy. This role provides exposure to rating and product development in personal auto lines, with valuable project leadership opportunities, exposure to higher management, and career development potential.

What can you expect in this role?

• Work on diversified and unique key business initiatives, ranging from diagnostics to creating new pricing strategies.
• Collaborate on and manage rate filings across different regions.
• Participate in creating solutions for current and emerging trends.
• Engage in high-exposure, cross-departmental projects.
• Interact with internal and external stakeholders.
• Identify opportunities for process efficiencies across business areas.
• Develop knowledge of actuarial operations and the insurance business, including predictive modeling, underwriting, claims handling, and product development.
• Apply experience with database and predictive modeling software to prepare and analyze data for profitability analysis and other applications.
• Manage timelines effectively for independent projects and analyses.
• Communicate actuarial concepts and make recommendations to management verbally and in writing, with supporting documentation.
• Measure, track, and monitor company and industry performance.
• Perform peer reviews on the technical and qualitative analysis of peers.