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Wawanesa Insurance
Actuarial Consultant - Research & DevelopmentWawanesa Insurance • Toronto, Ontario, CA
Actuarial Consultant - Research & Development

Actuarial Consultant - Research & Development

Wawanesa Insurance • Toronto, Ontario, CA
15 days ago
Salary
CA$120,000.00 yearly
Job type
  • Full-time
  • Part-time
  • Permanent
Job description

Employment Type

Existing Role

Work Environment

We offer a hybrid work environment that offers flexibility to our employees in balancing in-office (2 days per week OR 15 hours per week in a Wawanesa office) and remote work. You may work from any of the following locations: Winnipeg, MB; Wawanesa, MB; Vancouver, BC; Calgary, AB; Edmonton, AB; Lethbridge, AB; Toronto (North York), ON; Kitchener, ON; Ottawa, ON; Montreal, QC; Quebec City, QC, Moncton, NB; Dartmouth; NS.

Working Business Language

English. This role is considered a head-office role and will be required to communicate with internal stakeholders across Canada where the primary business language utilized is English.

Salary

At Wawanesa, salary is only one component of a holistic, comprehensive and competitive offering that we provide to our employees. In addition to salary, full-time and part-time permanent employees are eligible for an annual bonus plan, leave of absence top-up programs and provided with generous vacation time, personal days, premium free benefits and pension plan.

The salary offered for this role is determined with consideration to various factors, including but not limited to: your work location, local labour market conditions, external market salary data, internal pay equity and the knowledge, skills, experience and anticipated proficiency in the role. The salary offered is estimated to be within the following range: $120,000 - $145,000. Candidates with salary expectations outside of the range are still encouraged to apply.

About The Wawanesa Mutual Insurance Company

Founded in 1896, The Wawanesa Mutual Insurance Company is one of Canada’s largest mutual insurers, 100% owned by its members, with more than $4.1 billion in annual revenue and $12.5 billion in assets. Headquartered in Winnipeg, Wawanesa is the parent company of Wawanesa Life, which provides life insurance solutions throughout Canada, and Western Financial Group, a leading national distributor of personal and business insurance. In March of 2026, Wawanesa entered into an agreement to acquire Everest Insurance Company of Canada to strengthen its commercial insurance capabilities and advance its long-term growth strategy.

Wawanesa proudly serves more than 1.8 million members and we are home to more than 3,000 employees across Canada. The company actively gives back to organizations that strengthen communities, donating more than $4 million annually to charitable organizations, including more than $2 million each year in support of people on the front lines of climate change. Learn more at wawanesa.com.

We are currently looking for dedicated, driven, and enthusiastic individuals who thrive in an environment that welcomes change and are looking for an opportunity for diverse experience and advancement on a growing team.

Job Overview

Wawanesa is looking for an exceptional candidate to take on the role of Senior Actuarial Consultant 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.

Note: we are open to hiring at the Actuarial Consultant or Senior Actuarial Consultant.

Job Responsibilities

  • 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.
  • 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 creative approaches to solve complex issues and assesses impacts of solution options.
  • Recommends actions that should be taken in response to industry news and trends
  • Encouraged to represent Wawanesa in industry research, professional standards, and technical working groups and shares insights internally with relevant teams
  • 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 and sharing this new expertise with team members
  • Provides regular project updates to stakeholders. Anticipates obstacles and raises them in advance; Proposes possible solutions to obstacles
  • Leads projects from beginning to end, including training and documentation. Delegates effectively, including following up where appropriate. Includes implementation of final product.
  • Actively contributes to the mentorship, training and development of actuarial analysts.
  • Actively seeks out opportunities to provide feedback, instruction, and development guidance to help others excel in their current or future job responsibilities
  • Provides cross functional guidance and leadership in subjects of expertise. Look for ways to add value.

Qualifications

  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or other related discipline.
  • More than 6 years of
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Actuarial Consultant - Research & Development • Toronto, Ontario, CA

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