Actuarial Consultant, Corporate Actuarial-Forecasting
Date: Apr 19, 2025
Location: Hybrid - Canada, CA Moncton, NB (Hybrid), CA Calgary, AB (Hybrid), CA Kitchener, ON (Hybrid), CA Edmonton, AB (Hybrid), CA North York - Toronto, ON (Hybr, CA Vancouver, BC (Hybrid), CA Dartmouth, NS (Hybrid), CA Montreal, QC (Hybrid), CA Ottawa, ON (Hybrid), CA Winnipeg, MB (Hybrid), CA
Company: Wawanesa Insurance
Job ID: 9124
Working Business Language: English;this role is considered a head-office role and will be required to communicate with internal stakeholders across Canada where the primary business language utilized is English
Salary: At Wawanesa, salary is only one component of a holistic, comprehensive and competitive offering that we provide to our employees. In addition to salary, full-time and part-time permanent employees are eligible for an annual bonus plan, leave of absence top-up programs and provided with generous vacation time, personal days, premium free benefits and pension plan.
The salary offered for this role is determined with consideration to various factors, including but not limited to: your work location, local labour market conditions, external market salary data, internal pay equity and the knowledge, skills, experience and anticipated proficiency in the role. The salary offered is estimated to be within the following range: $100,000- $160,000. Candidates with salary expectations outside of the range are still encouraged to apply.
About Us
At Wawanesa, we’re proud to offer a hybrid work environment that offers flexibility to our employees in balancing in-office (2 days per week OR 15 hours per week in a Wawanesa office) and remote work. You may work from any of the following locations: Winnipeg, MB; Vancouver, BC; Calgary, AB; Edmonton, AB; Toronto, ON; Kitchener, ON; Ottawa, ON; Montreal, QC; Moncton, NB; Dartmouth; NS
The Wawanesa Mutual Insurance Company (“Wawanesa Mutual”), founded in 1896, is one of Canada’s largest mutual insurers, with over $3.5 billion in annual revenue and assets of $10 billion (CAD). Wawanesa Mutual, with its National Headquarters in Winnipeg, is the parent company of Wawanesa Life, which provides life insurance products and services throughout Canada, and Western Financial Group, which distributes personal and business insurance across Canada. Wawanesa proudly serves more than 1.7 million members in Canada, and we are home to more than 3,600 employees distributed across the Canadian regions and communities where we operate. We give back to organizations that strengthen communities, donating more than $3.5 million annually to charitable organizations, including over $2 million annually in support of people on the front lines of climate change. To learn more visit wawanesa.com.
We are currently looking for dedicated, driven, and enthusiastic individuals who thrive in an environment that welcomes change and are looking for an opportunity for diverse experience and advancement on a growing team.
Job Overview
As an Actuarial Consultant, you will work independently and help improve the best practices for the Corporate Actuarial Forecasting team. You will learn about financial statements and capital management by working with different stakeholders on creating a Budget and doing Financial Condition Testing. You will provide or support actuarial services for various teams, such as pricing, finance, reserving, business development, claims, and operation. You will also mentor actuarial analysts and use your knowledge to do complex actuarial analysis and solve business problems and questions. This role is considered a head-office role and will be required to communicate with internal stakeholders across Canada where the primary business language utilized is English. We are open to hiring at either the Actuarial Consultant, Senior Actuarial Consultant or Actuarial Expert level.
Job Responsibilities
- Analytical
- Research, extract, and manipulate complex data from relevant sources, and assesses data quality for Budget and Financial Condition Testing projects
- Support the business and overall team by performing analyses/reviews and completing ad-hoc requests/special projects in a timely manner with minimal support from peers and leaders
- Identify opportunities for automation of routine tasks
- Communication
- Construct and provide progress updates and reports regarding Forecasting team’s objectives and tasks
- Communicate Budget and FCT analysis and recommendations to diverse audience
- Build Business Acumen
- Understand and interpret government regulations and internal policies
- Identify the business requirements for a given task and initiate action as required
- Understanding the insurance mechanism in general, as well as how it works at Wawanesa
- Commitment to Learning
- Understanding of current industry and professional standards/environment which impact decisions and indicate requirements
- Commit to professional development and continuous experiential learning to build cross-functional knowledge, technical skills, and mastery in competencies
- Mentoring
- Review analysis of others for reasonableness, completeness and accuracy
- Provide feedback, instruction, and development guidance to help others excel in their current or future job responsibilities
Qualifications
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or other related field
- Four or more years of P&C actuarial experience preferred
- Pursuing FCAS, 7 CAS exams or ACAS designation an asset
- Excellent analytical and problem-solving skills
- Ability to identify areas for improved efficiency and suggest solutions, and assess impacts of these solution options
- Strong attention to detail when performing analysis with minimal technical errors
- Excellent communication skills both written and verbal, effective at comfortably communicating analysis and results to senior leaders, and influencing direct leader to accept recommendations.
- Proficiency with Excel, SQL, R, and/or other related software/programming
- Ability to prioritize and complete multiple concurrent assignments, both individually and as a leader of a group, in a timely manner while proactively keeping leader informed of progress
- A team player who can challenge the status quo respectfully and seek feedback for improvement
#LI-JB2
Wawanesa is proud to be one of Manitoba’s Top Employers, a Kincentric Best Employer in Canada and a Forbes Best Employer in Canada recognizing an exceptional place to work!
Diversity Equity, Inclusion & Belonging
Wawanesa is an equal opportunity employer and is committed to fostering a diverse workforce that is equitable and inclusive for all. Wawanesa provides equal employment opportunity to all employees and applicants without regard to an individual’s protected status: race/ethnicity, colour, religion, creed, sex or gender, sexual orientation, gender identity or expression, family or marital status, pregnancy/childbirth or related conditions, national origin, disability, military or veteran status, or any other protected status. Disability or medical-related accommodations are available upon request throughout all aspects of the recruitment and selection process. Candidates requiring reasonable accommodations may contact, in confidence, jobs@wawanesa.com.
If you are interested in this exciting, challenging position with Wawanesa, apply today with your Resume.
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