Actuarial Consultant/Senior Consultant-Remote or Hybrid
Date: Mar 25, 2023
Location: Remote - Canada, CA
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 can decide whether your preference is to work from home (remote), work from the office or a hybrid of time spent at both. You may work from any of the following locations: British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland & Labrador and/or the Yukon.
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 Consultant is responsible for leading development of best practices integration into processes and methods used by the Pricing Excellence department. The successful candidate will mentor actuarial analysts while applying their knowledge to complex actuarial analysis in the pursuit of solving business issues and answering business questions.
Note: we are open to hiring at the Actuarial Consultant or Senior Actuarial Consultant level
Job Responsibilities
- Analytical
- Researches, extracts, and manipulates complex data from relevant sources, and assesses data quality
- Supports 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
- Evaluates procedures and processes, and recommend alternatives or improvements
- Process Improvement/Efficiency
- Evaluates existing processes to find areas for increased efficiency
- Identifies opportunities for automation of routine tasks and implementation of advanced techniques while ensuring ethical and responsible application of solutions
- Develops new approaches to problem solving and assess impacts of solution options with minimal support from leaders
- Industry
- Identifies emerging industry trends and analyzes the impact they will have on Wawanesa
- Encouraged to represent Wawanesa at external events that may include universities, actuarial clubs, industry organizations, and charitable causes
- Commitment to Learning
- Commits to professional development and continuous experiential learning to build cross-functional knowledge, technical skills, and mastery in competencies
- Focuses learning activities on bringing new knowledge and skills to team in order to address any existing gaps
- Stakeholder Management
- Provides regular project updates to stakeholders. Anticipates obstacles and raises them in advance.
- Project Management
- Leads projects from beginning to end. Includes implementation of final product. May include training and documentation of the project.
- Mentorship
- Actively contributes to the mentorship, training and development of actuarial analysts
- Coaching & Developing Others
- Provides feedback, instruction, and development guidance to help others excel in their current or future job responsibilities
- Leadership
- Builds trust and credibility with peers. Develops strong working relationships across teams.
Qualifications
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or other related discipline
- More than four years of actuarial experience an asset
- 7 CAS exams or ACAS designation an asset
- Communication/Building Relationships
- Advanced oral and written communication skills, demonstrating the ability to convey business terminology and insights that are meaningful and well received
- Ability to clearly document major projects and key processes
- Effective at comfortably communicating analysis and results to senior leaders in written and/or oral form, and influencing direct leader to accept recommendations
- Discusses ideas in terms familiar to colleagues in different functional areas and teaches the necessary actuarial concepts when needed.
- Computer/Programming Skills
- Proficient with Excel, SQL, R, Python and/or other related software/programming languages/actuarial software
- AWS (S3 and Sagemaker) or Power BI experience would be an asset
- Ability to easily adapt to new enterprise system environments
- Ability to identify areas for improved efficiency and suggest solutions
- Problem solving
- Advanced knowledge of actuarial science, mathematics, probability, statistics, principles of finance and business, and strong ability to apply this knowledge to problems in insurance
- Ability to develop efficient and viable solutions to problems and assess impacts of these solution options
- Detail oriented
- Strong attention to detail when performing analysis with minimal technical errors
- Ability to identify errors and areas of concern that may significantly impact analysis
- Ability to peer review through reasonability checks
- Ability to balance materiality/efficiency and accuracy/detail
- Time Management/Organization
- 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.
- Develops timelines for project plans
- Conflict Management/Teamwork
- Ability to work efficiently and co-operatively in a team environment.
- Ability to respectfully challenge status quo.
- Seeks input from others to get stronger results.
- Actuarial Standards
- Keeps abreast of current industry and professional standards and applies them directly to requirements and decisions
#LI-Remote
Wawanesa is proud to be one of Manitoba's Top Employers for 2022 recognizing that we are an exceptional place to work!
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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