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Intermediate Actuarial Analyst, Commercial Insurance Pricing

Intermediate Actuarial Analyst, Commercial Insurance Pricing

DefinityToronto, ONT, Canada
30+ days ago
Salary
CAD59400–CAD118100 yearly
Job description

Job Description

What could this role bring to you?

  • Be a part of an experienced commercial pricing department with great team dynamics;
  • Emphasis on learning various actuarial and commercial insurance product knowledge, such as actuarial pricing, commercial underwriting, claims handling, and commercial product development;
  • Develop and apply your experience with spreadsheets, databases, and statistical software to prepare and analyze data for profitability analysis, deep dive analysis, and other diverse applications;
  • Communicate actuarial concepts and make recommendations to different stakeholders, including actuarial stakeholders and non-actuarial stakeholders, both verbally and in writing with supporting documentation;
  • Produce various data exhibits and analyses relating to measuring, tracking, and monitoring company and industry performance;
  • Respond to routine requests of internal and external stakeholders related to standard reports and processes with validation from senior staff;
  • Able to take full ownership of small to medium-size projects
  • Opportunities to lead and peer review the technical work of junior analysts or COOPs.

What could you bring to the role?

  • University degree in a quantitative field : Actuarial Sciences, Mathematics, Statistics
  • Completion of a minimum of 3 CAS / SOA exams;
  • 1 to 2 years of P&C actuarial experience. Personal or commercial pricing experience is an asset;
  • Strong programming skills with SAS, Python, R, Excel VBA, or any programming language;
  • Strong Excel skills and efficient use of Microsoft Word and PowerPoint;
  • Strong data analytic skills and a strong interest in learning new knowledge and skills;
  • Excellent communication and organizational skills;
  • Able to perform well in a busy operation and remain calm under pressure;
  • Team player, adaptable to a changing and fast-paced environment;
  • Salary range is $59,400 - $118,100.

    About Us

    Interested in this role, but don’t meet every requirement?  We encourage you to apply! We know from experience that a candidate doesn’t need 100% of the qualifications listed to bring incredible value to our team. We’re actively seeking diverse backgrounds and perspectives to help us make insurance better. At Definity, inclusion, diversity, and equity aren’t just “nice to have” — they’re essential to our success.

    What’s in it for you?

  • Hybrid work schedule for most roles
  • Company share ownership program
  • Pension and savings programs, with company-matched RRSP contributions
  • Paid volunteer days and company matching on charitable donations
  • Educational resources, tuition assistance, and paid time off to study for exams
  • Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents
  • Wellness and recognition programs
  • Discounts on products and services
  • Actual salary for the role may vary depending on work location of the successful candidate and other factors including but not limited to, skills, education, experience, working conditions and the local labour market.  In addition to base pay, eligible employees may participate in various incentive plans which are paid out at the discretion of the company and subject to individual and company performance.

    Go ahead and expect a lot — you deserve it.

    Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know by contacting .

    Background checks

    This role requires successful clearance of background checks (including criminal checks and leadership references).