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Senior Actuarial Analyst - Commercial Pricing

Date: Nov 21, 2020

Location: Winnipeg, MB, CA, R3C-3P1 Toronto, ON, CA, M2P-2B7

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

Our commercial insurance Actuary Pricing team is expanding therefore we are looking for exceptional candidates to take one of several open job opportunities as a Senior Actuarial Analyst. In one of these roles you will analyze data, conduct predictive modeling, and use traditional pricing analysis on our existing and new products for all Canadian jurisdictions. You will use your actuarial techniques to identify and solve business problems. In addition, you are expected to provide actuarial services or support to other pricing, corporate actuarial, product development, and system design projects. 
 
Job Responsibilities

  • Perform traditional actuarial ratemaking and segmentation reviews for commercial property and liability lines of businesses. Provide data-driven quality recommendations to drive improve profitable growth.
  • Using actuarial tools and techniques, develop the technical rate for specialty commercial programs.
  • Conduct analysis to address insurance issues; propose quality solutions and provide implementation support when required. 
  • Develop, validate, and maintain actuarial reports to meet business needs. Monitor the key performance indicators of the Commercial portfolio, and report to management as necessary.
  • Collaborate cross-functionally across actuarial, underwriting, data science functions to enhance the commercial lines offering. 
  • Participate in coaching and mentoring of junior staff.
  • Perform other duties as assigned, handling special projects as assigned.
Qualifications
  • Undergraduate university degree in Actuarial Mathematics, Statistics, Mathematics or other related field of study
  • Pursuing ACAS or FCAS with a minimum of 6 Associateship Exams  & VEE Credits
  • Minimum of 4 years’ prior work experience in insurance or related field
  • Positive attitude. Ability to adapt to change. A team player. 
  • Innovative. Strong analytical skills. A critical thinker.
  • Understanding of database systems and how to interpret/extract data from those systems
  • Ability to apply knowledge of actuarial science, mathematics, probability, statistics, principles of finance and business to problems in insurance
  • Ability to ask effective questions to elicit detailed and relevant information
  • Proficiency with relevant modeling software such as Emblem, R, SAS would be an asset
  • Knowledge of Radar and Classifier is preferred

 

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.