Actuarial Analyst

The  Actuarial Analyst is responsible for working with other members of the corporate actuarial team to build, create, and help implement reserving models, and other actuarial or predictive analytics solutions.  

What you will do: 

• Responsible for understanding what the data means, and possesses the ability to “clean” it as required  

• Collecting, cleaning and validating data for accuracy and consistency  

• Data handling, manipulation and analysis to draw meaningful insights for business purposes  

• Prepare regular reports and dashboards for internal stakeholders  

• Responsible for building initial models for relatively simple problems (i.e. auto physical damage Actual vs Expected)  

• Running standard actuarial calculations  

• Support stress testing and scenario analysis  

• Work with a mentor to learn and improve on their model   

• The Actuarial Analyst will make serious attempts at progressing through the CAS exams    

• Performing other duties such as project-specific required research  

• Supporting financial reporting for regulatory compliance including quarterly/annual statements, reserves, capital requirements  

What you will need to succeed:  

• 2 CAS exams completed  

• 1 year+ working experience in P&C Insurance (could be through Co-op or Full-time)  

• 1 year+ working experience in Life Insurance (could be through Co-op or Full-time)  

• Highly analytical and eager to learn 

• Ability to work with data  

• Working knowledge of IFRS17, FCT, Reinsurance, Economic Capital Modelling, Planning preferred  

• Solid technical knowledge and programming skills with experience using modern predictive modelling techniques (i.e. GLM, GAM, GBM) and creating models from scratch  

• Excellent analytical, quantitative and critical thinking skills, with the ability to conduct detailed analysis of information, and implement best solutions in a timely manner  

Hybrid: We are a hybrid company and work 2 days per week in-office.  

The expected base salary range for this position is $57,500 - $95,000. Depending on your relevant experience, skills, qualifications, market conditions and business needs, base compensation may vary. You have the potential to earn more through Gore Mutual’s discretionary bonus program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals. 

Please note: This range reflects the expected base salary for this role but may not represent the full compensation range for all experience and skill levels. During the recruitment process, we will discuss and consider how your unique qualifications align with the broader range for this position. 

Gore Mutual is proud to offer a comprehensive total rewards package which includes extended health and dental benefits, disability insurance, retirement plan matching, paid time off, recognition and perk programs.