Sr Actuarial Analyst

Company: CGIC
Department: Home and Auto Pricing
Employment Type: Regular Full-Time
Work Model: Hybrid
Language: This role operates in English.
Additional Information: This/these role(s) is/are currently vacant

The Opportunity:

We are a leading Canadian financial services co-operative committed to being a catalyst for a sustainable and resilient society and our team is essential to deliver on this strategy. That’s why we prioritize our people, to ensure we provide a strong culture and development opportunities which enables our team to thrive and to live our purpose. The best part is that you will work with people that care passionately about you, our clients and our communities.

Our Home & Auto Insurance team provides financial security to Canadians by offering superior products and services. Our professional, high performing team strives to deliver effective services and evolves product offerings, to address emerging insurance trends and meet the needs of our clients.

As a Senior Actuarial Analyst, you are a key player to support the home and auto pricing initiatives. You will work collaboratively with actuarial teams and business partners to support actuarial projects to ensure the profitability of our home and auto portfolios.

How you will create impact:

• Enhancing rate change projects (rate level or segmentation) and various advanced analytical models aligned with corporate strategies.
• Working with advanced modeling softwares, various data sources and programming languages to contribute to strategic objectives.
• Communicating actuarial concepts to business partners and maintaining documentation of key actuarial functions.
• Improving existing actuarial practices and procedures in alignment with emerging trends and best practices in the insurance industry and actuarial landscape.
• Leading small to medium sized projects within the team, including developing, following, and reporting on timelines.

To join our team:

• You have completed a post-secondary degree in Mathematics, Actuarial Science or related discipline.
• You have 2 years of experience in the Property and Casualty field.
• You have working knowledge of modeling softwares and programming languages.
• You have experience supporting Actuarial projects and/or completing reserve analysis and reporting.
• Having or working towards the ACAS or FCAS designations is an asset.

How you will succeed:

• You influence change and are committed to continuous improvement, in order to exceed client expectations.
• You leverage critical thinking skills to identify problems and proactively propose solutions.
• Your strong communication skills allow you to clearly convey messages.
• You’re an effective team player who shares knowledge to support our peers.

What you need to know:

• You will be subject to a Background check as a condition of employment, in the event you are the successful candidate.

What’s in it for you?

• Training and development opportunities to grow your career.
• Flexible work options and paid time off to support your personal and family needs.
• A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture.
• Paid volunteer days to give back to your community.
• In addition to our competitive salary and incentive programs, eligible employees also benefit from a comprehensive total rewards package including group retirement savings plans, pension and benefits (, health and wellness, dental, disability and life coverage), mental health support and an employee assistance program.

Salary information

Expected salary $69, to $116, CAD

Salary placement

The salary amount for the successful candidate is determined by Co-operators in its discretion and will vary depending on several criteria including but not limited to: local market conditions, geography and relevant job-related factors such as knowledge, skills, qualification, experience and education.

Incentive/Variable pay

Employees may also have the opportunity to participate in incentive programs and earn additional compensation tied to individual and/or business performance, or other business metrics.