Actuarial Expert-Personal Lines Pricing

Date: Apr 3, 2024

Location: Hybrid - Canada, CA

Company: Wawanesa Insurance

Job ID: 5688 


Working Business Language: 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: $110,000- $170.000. 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, founded in 1896, is one of Canada’s largest mutual insurers, with over $4 billion in annual revenue and assets of $12 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 Canada. Wawanesa proudly serves more than two million members 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. Learn more at 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 under minimal supervision, the Actuarial Expert-Personal Lines Pricing is responsible for leading development of best practices integration into processes and methods used by the actuarial team. They function as experts in actuarial methodologies and mentor actuarial staff at all levels in the understanding and use of these methods. They are familiar with regulation and legislations in all the jurisdictions in which we write business and ensure the methodologies used comply with such. They innovate on our current actuarial practices and effectively manage multiple high priority projects within a department. 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.
    

Job Responsibilities

  • Analytical
    • High degree of mastery over accessing, selecting, and interpreting data.
    • Works independently.
    • Mastery over multiple types of analytical tools.
    • Evaluates procedures and processes, and recommend alternatives or improvements.
    • Subject matter expert on valuable analytical methods
    • Strong ability to innovate on complex projects
  • Process Improvement/Efficiency
    • Automates routine tasks to focus on high-leverage work items. 
    • Able to design and implement robust processes that make work easier for themselves and their peers.
    • Develops creative approaches to solve complex issues and assesses impacts of solution options
  • Industry
    • A leader in the actuarial community. May include teaching, volunteering, or authoring papers to advance actuarial knowledge. Brings that knowledge and experience to Wawanesa's actuarial community.
  • Commitment to Learning
    • Regularly shares their expertise with other actuaries at Wawanesa. Contributes to training materials. Facilitates opportunities for others to learn. Keeps up with their professional development opportunities.
  • Stakeholder Management
    • Has a strong network inside and outside of Wawanesa. Leverages rapport with stakeholders to keep people up to date on key projects.
  • Project Management
    • Leads large-scale, complex and high-impact projects and initiatives across diverse project teams. Requires minimal oversight from management. Includes implementation of final product. Includes training and documentation of the project.
  • Mentorship
    • Actively contributes to the mentorship, training and development of actuarial analysts and sometimes managers

Qualifications

  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or other related discipline
  • More than ten years of actuarial experience an asset
  • FCAS designation required
  • Communication/Building Relationships
    • Advanced communicator. People trust the communications of an expert.
    • Leaves behind useful and functional documentation on projects.
    • Strong negotiator and storyteller. Uses graphs and data in a way that supplements their arguments.
    • Persuasive with the conclusions from their work. Often presents their work to Director + level.
  • Computer/Programming Skills
    • Fully proficient with Excel, SQL, R, Python, or other specialized programs. 
    • Leverages the right program(s) for the job.
  • Problem solving
    • Excellent problem solver. Integrates knowledge from actuarial science, math, statistics, general business to solve advanced problems. Often working on the highest-priority problems for Wawanesa. May offer recommendations for what are the highest-priority problems for Wawanesa to solve.
  • Detail oriented
    • Others can trust that the Actuarial Expert has attended to the right details for their work. 
    • Attends to the right details for accuracy, reasonability, and consistency in their conclusions.
  • 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 effective and accurate timelines for project planning
  • Conflict Management/Teamwork
    • Ability to work efficiently and co-operatively in a team environment.
    • Ability to respectfully challenge status quo. 
    • Ability to draw out insights from other team members, leveraging the experience of the full team.
  • Actuarial Standards
    • Ensures team members are applying current industry and professional standards to requirements and decisions
    • Analyzes impact on team's work when changes are made to relevant standards and recommends appropriate actions

 

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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