Actuarial Analyst

Temiskaming Shores & Area Chamber of; New Jersey; On-site; USD 42,000 - 69,000; Full time

Job summary

The Actuarial Analyst role is the entry-level position in the Actuarial Student Program at CUMIS. The program develops actuaries by exposing them to different actuarial functions while providing support for actuarial exams.

This role operates in English and is designed to help you grow through hands-on experience and dedicated training. You will apply insurance concepts, maintain models, collaborate with actuarial and non-actuarial staff, and progress through projects to advance through the

Qualifications

• Minimum one CIA/SOA preliminary exam completed.
• Bachelor’s degree in a relevant discipline.
• Experience with GGY AXIS is an asset.

Responsibilities

• Develop the ability to apply insurance concepts through actuarial studies.
• Maintain and update actuarial models as appropriate.
• Collaborate with actuarial and non-actuarial staff in teams or individually.
• Build a strong foundation of knowledge around insurance products through project exposure.
• Uphold professional ethics, values and standards.

Skills

Critical thinking

Communication

Teamwork

Problem solving

Education

Bachelor's degree

CIA/SOA preliminary exam

Tools

GGY AXIS

Job description

Company: CUMIS
Department: Cred Ins/CU Distrib
Employment Type: Regular Full-Time
Work Model: Hybrid (2 days in office)
Language: This role operates in English.
Additional Information: This/these role(s) is/are currently vacant

The Opportunity:

We are a leading Canadian financial services co-operative committed to being a catalyst for a sustainable and resilient society and our team is essential to deliver on this strategy. That’s why we prioritize our people, to ensure we provide a strong culture and development opportunities which enables our team to thrive and to live our purpose. The best part is that you will work with people that care passionately about you, our clients and our communities.

The Actuarial Analyst role is the entry-level role in the Actuarial Student Program. The Actuarial Student Program looks to develop actuaries within the company by exposing them to the different actuarial functions of the company while at the same time providing support for actuarial exams. While the work itself will be department-specific the role in general is an introduction to the fundamentals of actuarial practice in a professional setting.

How you will create impact:

Developing the ability to practically apply high-level insurance concepts gained through actuarial studies.

Maintaining actuarial models including running and updating the models as appropriate.

Collaborating with actuarial and non-actuarial staff in either a team setting or individually.

Building a strong foundation of knowledge around insurance products and services by gaining exposure to different areas of expertise through existing and new projects to successfully progress through the Actuarial Student Program.

Upholding professional ethics, values, policies and procedures that support the company’s and profession’s standards.

To join our team:

You have a minimum of one preliminary exam of the CIA/SOA.

Candidates should have a Bachelor of Science or other Bachelor’s degree in a relevant discipline.

You have experience with GGY AXIS is considered an asset.

How you will succeed:

• You influence change and are committed to continuous improvement, in order to exceed client expectations.
• You leverage critical thinking skills to identify problems and proactively propose solutions.
• Your strong communication skills allow you to clearly convey messages.
• You’re an effective team player who shares knowledge to support our peers.

What you need to know:

• You will be subject to a Background check as a condition of employment, in the event you are the successful candidate.

What’s in it for you?

• Training and development opportunities to grow your career.
• Flexible work options and paid time off to support your personal and family needs.
• A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture.
• Paid volunteer days to give back to your community.
• In addition to our competitive salary and incentive programs, eligible employees also benefit from a comprehensive total rewards package including group retirement savings plans, pension and benefits (e.g., health and wellness, dental, disability and life coverage), mental health support and an employee assistance program.

Expected salary range $57,822 - $96,370

The salary amount for the successful candidate is determined by Co-operators in its discretion and will vary depending on several criteria including but not limited to: local market conditions, geography and relevant job-related factors such as knowledge, skills, qualification, experience and education.

Employees may also have the opportunity to participate in incentive programs and earn additional compensation tied to individual and/or business performance, or other business metrics.