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Senior Actuarial Analyst-Pricing (R&D)

Date: Dec 2, 2021

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

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, work from the office or a hybrid of time spent at both. You may live and work anywhere that Wawanesa operates in Canada. 
 

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 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

 

Wawanesa is looking for an exceptional candidate to take on the role of Senior Actuarial Analyst in our expanding Pricing Research and Development (R&D) team. We are open to hiring at various levels including Actuarial Analyst II, Senior Actuarial Analyst, Actuarial Consultant, or Actuary.

 

As a member of Pricing R&D, your focus will be on improving our pricing sophistication through evaluation of new data sources and leading the evolution of our modelling techniques (including machine learning). Ongoing assessment of our pricing best practices and methods is also an important part of the role in order to support advancement of our regional pricing teams. You will provide contributions to the actuarial group based on knowledge from the actuarial exam system, and prior relevant academic or work experience. You will mentor actuarial analysts while applying their knowledge to complex actuarial analysis in the pursuit of solving business issues and answering business questions.

 

Job Responsibilities

 

Data
•    Research, extract, manipulate, and test the value of complex data from relevant sources
•    Identify relationships, problems/issues, and assess data quality

 

Actuarial and Statistical Methods
•    Create and validate models to answer business questions as assigned
•    Incorporate, understand and transfer knowledge of current methods, while ensuring completeness and accuracy
•    Review current methods against relevant best practices and recommend improvements as needed

 

Efficiency
•    Identify opportunities for automation of routine tasks
•    Develop creative new approaches to problem solving 

 

Communication
•    Collaborating closely with various other teams to solve complex problems
•    Develop and deliver presentations to the actuarial groups

 

Workflow Management
•    Develop effective plans that define activities, resources, and timelines
•    Track the status of project timelines, tasks, and various activities

Qualifications


•    Undergraduate University degree in Actuarial Mathematics, Statistics, Mathematics or other related field of study
•    Credit for 6 CAS Exams
•    4 years work experience in insurance or related field
•    Experience with machine learning methods or other modelling software such as Emblem, Classifier or Radar is considered an asset
•    Robust knowledge of Microsoft Office applications
•    Ability to translate problem solving methods and ideas to various computer languages efficiently and effectively
•    Ability to apply knowledge of actuarial science, mathematics, probability, statistics, principles of finance and business to problems in insurance
•    Understanding of database systems and how to interpret/extract data from those systems
•    Strong written and verbal communication skills with ability to communicate at the right level of complexity for the audience
•    Ability to handle multiple concurrent assignments in a timely manner
•    Works efficiently and cooperatively in a team environment and involve others when appropriate
•    Ability to ask effective questions to elicit detailed and relevant information

 

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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.