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Actuarial Consultant - R&D Pricing

Date: May 28, 2021

Location: Toronto, ON, CA, M2P-2B7 Winnipeg, MB, CA, R3C-3P1 Montreal, Quebec, CA, H4P-2J4

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

Wawanesa Insurance is looking for an exceptional candidate to join our expanding Pricing Research & Development (R&D) team in either an Actuarial Analyst II, Senior Actuarial Analyst, Actuarial Consultant, or Actuary role. As a member of the Pricing R&D team, your focus will be on improving our pricing sophistication, best practices, and evaluating new methods and data sources to support the advancement of our regional pricing teams. 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


  • Research, extract, and manipulate complex data from all 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


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


  • 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


  • Undergraduate University degree in Actuarial Mathematics, Statistics, Mathematics or other related field of study
  • Associate of the Casualty Actuarial Society, Associate of the Society of Actuaries, or equivalent
  • 5 years’ work experience in insurance or related field
  • Experience with relevant modeling 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



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 employees are provided with highly competitive compensation packages (salaries, generous vacation allowance, leave top up, goal achievement plan, premium free benefits and a pension plan).  Wawanesa provides a stable and rewarding environment for its employees in today’s challenging markets.

If you are interested in this exciting, challenging position with Wawanesa, apply today with your Resume.

Accommodations are available as needed for all applicants.