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Actuarial Consultant/Senior Actuarial Analyst

Date: May 21, 2022

Location: Montreal, Quebec, CA, H4P-2J4 Edmonton, AB, CA, T6E-6A8 Vancouver, British Columbia, CA, V6J-4Y3 Moncton, New Brunswick, CA, E1E-4R5 Winnipeg, MB, CA, R3C-3P1 Toronto, ON, CA, M2P-2B7 Calgary, AB, CA, T2R-0E4

Company: Wawanesa Insurance

 

We’re proud to give our employees the flexibility to choose how and where they want to work. In this role, you will decide whether your preference is to work from home (remote), work from the office or a hybrid of time spent at both. You may live and work anywhere that Wawanesa operates in Canada. 
 

The Wawanesa Mutual Insurance Company, founded in 1896, is Canada’s largest mutual insurer, with $3.9 billion in annual revenue and assets of $10.5 billion. Wawanesa Mutual, with executive offices in Winnipeg, is the parent company of Wawanesa General, which offers property and casualty insurance in California and Oregon; Wawanesa Life, which provides life insurance products and services throughout Canada; and Western Financial Group, which distributes personal and business insurance across Western Canada. With more than 5,700 employees, Wawanesa proudly serves more than two million policyholders in Canada and the United States. Wawanesa actively gives back to organizations that strengthen communities where it operates, donating well above internationally recognized benchmarks for excellence in corporate philanthropy.
 

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 provides contributions to the actuarial group based on both work experience and knowledge from the actuarial exam system.

 

In this role, you will analyze data and conduct predictive and traditional pricing analysis on our existing and new products. You will mentor junior actuarial analysts while applying your knowledge to complex actuarial analysis in the pursuit of solving business issues and answering business questions. In addition, you are expected to provide actuarial services or support to other pricing, corporate actuarial, product development, and system design projects.

 

We are open to hiring at various levels including Senior Actuarial Analyst, Actuarial Consultant, or Actuary.

 

Responsibilities

•    Perform ratemaking and product reviews for personal property and automobile lines of business; make quality recommendations and provide implementation support when required.
•    Prepare rate filings; provide data and other support to obtain approval for our proposed rate changes.
•    Provide actuarial support for new product development and assist in developing new system testing strategies.
•    Perform monitoring activities to assess the quality of our insurance portfolio, and track the rates, market share and insurance results of our competitors.
•    Conduct analysis to address insurance issues; propose quality solutions and provide implementation support when required.
•    Maintain, develop, and validate actuarial reports to meet business needs.
•    Maintain, modify, and validate predictive statistical models; interpret the model results to managers.
•    Assist in other actuarial/underwriting/IT areas as required.
•    Mentor and coach junior actuarial analysts.

Qualifications


Work Experience

    o Minimum of 4 years' prior work experience in insurance or related field
    o P&C Actuarial Pricing experience a strong asset.
    o Experience with modelling software such as Emblem, Classifier or Radar is considered an asset

Education
    o Undergraduate university degree in Actuarial Mathematics, Statistics, Mathematics or other related field of study
    o Pursuing FCAS and have Credit for the following from the CAS Syllabus of Education:
        • Minimum of six (6) Associateship/Fellowship Exams

 

Skills Required:


Problem solving
    o Strong ability to apply knowledge of actuarial science, mathematics, probability, statistics, principles of finance and business to problems in insurance

Computer proficiency
    o Ability to translate problem solving methods and ideas to various computer languages efficiently and effectively
    o Understanding of database systems and how to interpret/extract data from those systems Communication
    o Strong written and verbal communication skills with ability to communicate at the right level of complexity for the audience

Organization
    o Strong ability to handle multiple concurrent assignments in a timely manner 

Teamwork and leadership
    o Work efficiently and cooperatively in a team environment and involve others when appropriate

 

#LI-WAWA

#LI-Remote

IND1
 

Wawanesa provides its employees with a respectful, challenging and rewarding environment where they can maximize their potential while contributing to the company’s goals. Our full-time permanent employees are provided with highly competitive compensation packages (salaries, generous vacation allowance, leave top up, annual bonus plan, premium free benefits and a pension plan). Wawanesa provides a stable environment for its employees in today’s challenging markets. 


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. Accommodations are available upon request throughout all aspects of the selection process. Candidates requiring 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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