Share this Job

Manager, Corporate Actuarial

Date: Apr 8, 2021

Location: San Diego, CA, US, 92108

Company: Wawanesa Insurance


Wawanesa Mutual Insurance is one of the largest property and casualty insurers in Canada with $3 billion in annual revenues and assets of more than $9 billion. Wawanesa Mutual, founded in 1896 with executive offices in Winnipeg, is the parent company of Wawanesa General, which offers property and casualty insurance in California and Oregon, and Wawanesa Life, which distributes life insurance products and services throughout Canada. With over 3,500 employees, Wawanesa proudly serves over two million policyholders through nine regional offices and 41 service offices 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, advancement on a growing team.


Job Overview


The Corporate Actuarial team at Wawanesa is growing, within our U. S. Operations.


We have an exciting opportunity for a Manager, Corporate Actuarial to join our growing team, focused on our U.S. portfolio, as we evolve and modernize the corporate actuarial function at Wawanesa.


In this role, you will be primarily responsible for P&C policy liability valuation and actuarial financial reporting. You will lead a team of technical experts, providing coaching and leadership, while being accountable for timelines, including quarter and year end reporting.


The ideal candidate has a minimum of 5 years’ property and casualty actuarial experience, preferably with reserving experience, and thrives in an environment where they can bring their technical expertise and coaching or leadership experience to the team.

Job Responsibilities:

•    Performs valuation of policy liabilities on a quarterly basis and makes recommendations with respect to changes.
•    Leads the preparation of a quarterly reporting package to the Senior Management and the Board that provides information on Wawanesa reserve position including recommendations with respect to changes.
•    Regularly monitors the level of claim reserves required by line of business and recommends changes where appropriate.
•    Ensures the reporting process around actuarial aspects of financial and regulatory reporting is carried out, including preparation of the Appointed Actuary Report.
•    Monitors case claim reserve activity and partners with key stakeholders to contribute to a shared understanding of past financial performance, changes in the business operations, and develop insights into future performance and the business plan.
•    Maintains the valuation database necessary for all policy valuation.
•    Identifies and recommends refined approaches to current reserving methodologies.
•    Manages performance of direct reports inclusive of providing professional and technical guidance and provide regular performance reviews.
•    Collaborates with other members of the Corporate Actuarial team to continuously enhance actuarial oversight practices and achieve Corporate Actuarial objectives. 
•    Remains up to date on all regulatory and legal actions/decisions affecting insurance company operations in general and the corporate actuarial group specifically.
•    Perform other duties as assigned. 



•    A minimum of 5 years’ property and casualty actuarial experience, preferably with reserving experience.
•    Degree in Actuarial Science, Math, Statistics, Finance, or a related field.
•    Associate or Fellow of the Casualty Actuarial Society or the equivalent from other organizations. 
•    Extensive knowledge of current insurance actuarial techniques. the Property Casualty insurance industry and insurance operations in general.
•    Excellent analytical and problem-solving skills with the ability to spot patterns, trends, understand context and its impact on all issues.
•    Strong presentation and communication skills with the ability to effectively convey complex ideas in a simple, persuasive and eloquent manner.  
•    Ability to coach and develop direct reports on technical and non-technical skills.
•    Comfortable confronting difficult issues and diplomatic in delivery of challenging messages.
•    Ability to establish and maintain good working relationships with other departments.
•    Superior attention to detail and accuracy


Wawanesa General Insurance Company is an equal opportunity employer and is committed to a diverse workforce. Wawanesa provides equal employment opportunity to all employees and applicants without regard to an individual’s protected status: race/ethnicity, color, religion, creed, sex/gender, sexual orientation, gender identity/expression, marital status, pregnancy/childbirth or related conditions, national origin, disability, military or veteran status, or any other protected status.  If you are a qualified individual with a disability, you have the right to request a reasonable accommodation to assist in the application process.  You may request reasonable accommodations by calling the Human Resources department at 858-874-5404 or emailing Human Resources at


Nearest Major Market: San Diego