Official Internal Job Title:
Actuarial AnalystStatus:
RegularJob Description:
As the Actuarial Analyst, you will support the objectives of the business using advanced analytics and teamwork. Reporting to the Director of Pricing and Underwriting, you will work as an ambassador of the Commercial Pricing unit at Mississauga’s office being the link between local Business unit and the unit based in Quebec City. Strong leadership, communication and dissemination skills are of utmost importance.
Salary Range: $78,874 - $140,126/year *This represents the expected hiring range and may not represent the full pay range for the position. The salary offered may be higher than the posted range depending on several factors such as relevant skills, qualifications, and experience.
What We Offer
- Award winning culture
- Flexible hybrid working conditions (1 day in the office per week)
- Group Benefits from first day
- Defined Benefits pension plan
- Generous time off benefits
- Growth opportunities
Summary of Role & Responsibilities:
- Perform actuarial analysis for commercial risks. Seek creative solutions to business problems utilizing statistical modeling techniques and business knowledge
- Effectively gather and compile data required to solve business problems of the following nature: retention, growth, profitability and competitive positioning
- Work closely with business unit and corporate underwriting to seek input for implementing new rating structures or changes to current rating algorithm
- Provide technical support within unit to non-actuarial staff
- Present & interpret rate indications for relevant products and provinces to non-technical audiences
- Conduct and organize meetings with business units on project follow-up and soliciting business input to help establish business needs and translate it into IT requirements
- Develop and maintain tracking reports to measure the level of success of new rating structures. Fine tune new rating structures based on tracking and feedback from business
- May develop reports needed by senior management and underwriting to monitor progress in improving profitability and implementation of business
Education and Experience:
- University / College degree in Actuarial Sciences
- Must have successfully completed a minimum of 2 CAS exams
- Property & Casualty experience; Must have 3 years of actuarial pricing experience, with a preference for individuals who have experience with Commercial pricing
- Must possess strong programming skills, including knowledge of SAS/R and efficient use of Microsoft applications (Excel, PowerPoint, etc.)
- Knowledge of French (verbal and written) considered an asset
Interested in a career in a company where collaboration and diversity of expertise are at the forefront? Join our team of over 5,000 caring employees!
#LI-ENG
#LI-Hybrid
Beneva is an equal opportunity employer, so we encourage all Women, persons with disabilities, Indigenous people as well as visible and ethnic minorities to apply.
Purpose : True to its purpose, Beneva places people at the heart of its actions and contributes to the well-being of the community. It accompanies its clients in all stages of their lives, both for their insurance and for their financial services.
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