Actuarial Consultant/Sr Actuarial Analyst (Pricing R&D)

Job Overview

Wawanesa is looking for an exceptional candidate to take on the role of Actuarial Consultant or Senior Actuarial Analyst in our expanding Pricing Research and Development team.

As a member of Pricing R&D, your focus will be on improving our pricing sophistication through enhancement of loss cost models, collaborating closely with pricing leaders in leveraging the models to optimize rate changes for our members.

You will function as an expert in actuarial methodologies and mentor actuarial staff in the understanding and use of these methods.

Job Responsibilities

Analytical Researches, extracts, and manipulates complex data from relevant sources, and assesses data quality. Supports the business and overall team by performing analyses / reviews and completing ad-hoc requests / special projects in a timely manner with minimal support from peers and leaders.

Evaluates procedures and processes, and recommend alternatives or improvements.

Process Improvement / Efficiency Evaluates existing processes to find areas for increased efficiency. Identifies opportunities for automation of routine tasks and implementation of advanced techniques while ensuring ethical and responsible application of solutions.

Develops new approaches to problem solving and assess impacts with minimal support from leaders.

• Industry Identifies emerging industry trends and analyzes the impact they will have on Wawanesa. Encouraged to represent Wawanesa at external events that may include universities, actuarial clubs, industry organizations, and charitable causes.
• Commitment to Learning Commits to professional development and continuous experiential learning to build cross-functional knowledge, technical skills, and mastery in competencies.

Focuses learning activities on bringing new knowledge and skills to team in order to address any existing gaps.

• Stakeholder Management Provides regular project updates to stakeholders. Anticipates obstacles and raises them in advance.
• Project Management Leads projects from beginning to end. Includes implementation of final product. May include training and documentation of the project.
• Mentorship Actively contributes to the mentorship, training and development of actuarial analysts.
• Coaching & Developing Others Provides feedback, instruction, and development guidance to help others excel in their current or future job responsibilities.
• Leadership Builds trust and credibility with peers. Develops strong working relationships across teams.

Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or other related discipline.
• More than four years of actuarial experience an asset.
• 7 CAS exams or ACAS designation an asset.
• Experience with machine learning modelling or other pricing modelling methods and software.
• 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.
• Advanced written and verbal communication skills with ability to communicate at the right level of complexity for the audience.
• Ability to develop timelines for projects and handling multiple concurrent assignments in a timely manner while proactively keeping leader informed of progress.
• Works efficiently and cooperatively in a team environment and involve others when appropriate.
• Ability to ask effective questions to elicit detailed and relevant information.

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Wawanesa is proud to be one of for 2023 recognizing that we are an exceptional place to work!

Diversity, Equity & Inclusion

Wawanesa is an equal opportunity employer and is committed to fostering a diverse workforce that is equitable and inclusive for all.

Wawanesa provides equal employment opportunity to all employees and applicants without regard to an individual’s protected status : race / ethnicity, colour, religion, creed, sex or gender, sexual orientation, gender identity or expression, family or marital status, pregnancy / childbirth or related conditions, national origin, disability, military or veteran status, or any other protected status.

Disability or medical-related accommodations are available upon request throughout all aspects of the recruitment and selection process.