Senior Actuarial Analyst/Consultant-Personal Property
Date: Dec 8, 2024
Location: Hybrid - Canada, CA Kitchener, ON (Hybrid), CA Vancouver, BC (Hybrid), CA Moncton, NB (Hybrid), CA Montreal, QC (Hybrid), CA Calgary, AB (Hybrid), CA North York - Toronto, ON (Hybr, CA Winnipeg, MB (Hybrid), CA
Company: Wawanesa Insurance
Job ID: 7727
Working Business Language: Englishl; 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: $80.000- $140,000. 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; Wawanesa, MB; Vancouver, BC; Calgary, AB; Edmonton, AB; Lethbridge, AB; Toronto, ON; Kitchener, ON; Thunder Bay, 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
Working with a high degree of autonomy, the Actuarial Consultant/Senior Actuarial Analyst on the Personal Property Pricing team will provide contributions to the business based on both work experience and knowledge from actuarial exams.
In this role, you will conduct traditional pricing analysis, build and update predictive models, mentor junior analysts, implement changes to existing Property products, and develop new products while working collaboratively with stakeholders across the company, including Corporate Actuarial, Advanced Analytics, Auto Pricing, Commercial, & Product Design.
We are open to hiring at various levels including Senior Actuarial Analyst, Actuarial Consultant, or Senior Actuarial Consultant.
Job Responsibilities
- Perform ratemaking and product reviews for personal property products, including conducting rate indications, predictive modelling, competitive analysis, and financial impact analysis.
- Make quality recommendations and present supporting results to management.
- Provide actuarial support for new product development and assist implementation of changes in the system.
- Perform monitoring activities to assess the quality of our insurance portfolio.
- Maintain, develop, and validate actuarial reports to meet business needs.
- Develop, modify, and validate predictive statistical models.
- Assist in other actuarial/underwriting/IT areas as required. Mentor and coach junior actuarial analysts.
Qualifications
- Work Experience
- Minimum of 2 years' prior work experience in insurance or related field. P&C Actuarial Pricing experience a strong asset.
- Experience with predictive modelling techniques such as GLMs is considered an asset.
- Experience with modelling software such as Emblem, Classifier or Radar is considered an asset.
- Education
- Undergraduate university degree in Actuarial Mathematics, Statistics, Mathematics or other related field of study.
- Minimum of four (4) Associateship/Fellowship Exams; ACAS/ACIA designation an asset.
- Skills Required:
- Problem solving
- Strong ability to apply knowledge of actuarial science, mathematics, probability, statistics, principles of finance and business to problems in insurance.
- Computer proficiency
- Ability to translate problem solving methods and ideas to various computer languages efficiently and effectively.
- Understanding of database systems and how to interpret/extract data from those systems
- Communication.
- Strong written and verbal communication skills with ability to communicate at the right level of complexity for the audience.
- Organization
- Strong ability to handle multiple concurrent assignments in a timely manner.
- Teamwork and leadership
- Work efficiently and cooperatively in a team environment and involve others when appropriate
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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
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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