Reinsurance Specialist
Date: Oct 7, 2026
Location: Winnipeg, MB (Hybrid), CA Montreal, QC (Hybrid), CA Kitchener, ON (Hybrid), CA Calgary, AB (Hybrid), CA Vancouver, BC (Hybrid), CA Moncton, NB (Hybrid), CA Ottawa, ON (Hybrid), CA North York - Toronto, ON (Hybr, CA Edmonton, AB (Hybrid), CA Hybrid - Canada, CA Dartmouth, NS (Hybrid), CA
Company: Wawanesa Insurance
Job ID: 10381
Employment Type: Existing Role
Work Environment: We 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; Wawanesa, MB; Vancouver, BC; Calgary, AB; Edmonton, AB; Lethbridge, AB; Toronto (North York), ON; Kitchener, ON; Ottawa, ON; Montreal, QC; Quebec City, QC, Moncton, NB; Dartmouth; NS.
Working Business Language: English. 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.
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: $80,000 - $105,000. Candidates with salary expectations outside of the range are still encouraged to apply.
About The Wawanesa Mutual Insurance Company
Founded in 1896, The Wawanesa Mutual Insurance Company is one of Canada’s largest mutual insurers, fully owned by its more than 1.8 million members. Headquartered in Winnipeg, Wawanesa is the parent company of WSI™, a specialty insurer delivering tailored solutions built around unique needs; Wawanesa Life, a provider of life insurance products; and Western Financial Group, a leading national distributor of personal and commercial insurance.
Wawanesa is committed to helping communities thrive in a changing world. The company invests more than $4 million annually in charitable initiatives, including $2.5 million each year to support people and communities on the front lines of climate change. Learn more at wawanesa.com.
We are currently seeking dedicated, driven, and enthusiastic individuals who thrive in a dynamic environment, embrace change, and are eager to gain diverse experience while advancing their careers as part of a growing team.
Job Overview
Working under minimal supervision, the Reinsurance Specialist is responsible for monitoring the company’s catastrophe exposure and assisting in the administration of the reinsurance programs at the company. This role will provide timely and accurate information to support decision making.
Job Responsibilities
- Creates and maintains an exposure database for catastrophe modeling
- Assists in the implementation and use of third-party catastrophe models
- Monitors catastrophe exposure accumulations on a quarterly basis
- Assists in the administration and monitoring of the company reinsurance contracts
- Assists in the monthly calculation of ceded recoveries – casualty, catastrophes and facultative.
- Assists in the monthly monitoring of facultative placements by regional branches.
- Assists in monthly reporting to reinsurers.
- Assists in completing regulatory earthquake filings with government agencies
- Assists with the annual reinsurance data submission
- Assists in the allocation proposal for the reinsurance premium annually
- Performs ad hoc data reporting requests as required
- Remains up to date on all regulatory and legal actions/decisions affecting insurance company operations in general.
- Performs other duties and projects as assigned
Qualifications
- Undergraduate university degree in Actuarial Mathematics, Statistics, Mathematics, Computer Science or other related field of study.
- Minimum of 3 years of experience in a P&C insurance related role
- Extensive knowledge of the Property & Casualty insurance industry and insurance operations in general.
- Strong written and verbal communication skills.
- Excellent analytical and problem-solving skills with the ability to identify relationships, problems and issues to solve complex problems
- Strong organization skills with the ability to handle multiple concurrent assignments in a timely manner
- Ability to work as part of a team as well as independently
- Expert proficiency in MS Excel required; experience with MicroStrategy or SQL would be an asset
- Actuarial exams, a CIP designation or a ARe designation would be a definite asset
Diversity Equity, Inclusion & Belonging
At Wawanesa, we are committed to Diversity, Equity, Inclusion and Belonging (DEIB) and believe that our strength lies in the diversity of our people – this is supported by having a representative workforce.
We welcome applications from all qualified candidates, including racialized persons, women, Indigenous Peoples, persons with disabilities, members of the 2SLGBTQIA+ community, gender-diverse and neurodiverse individuals, and anyone who can contribute to the further diversification of thought and ideas.
We aim to ensure our recruitment process is accessible to all candidates. If you require accommodations during any stage of the recruitment process, please reach out in confidence to jobs@wawanesa.com.
All Wawanesa job applicants are subject to Wawanesa's Privacy Policy.
Please note that the recruitment process for this position may involve the use of AI tools to screen, assess, or select applicants. All final decisions are taken or reviewed by human recruiters and human hiring leaders in compliance with all applicable legislation.