Sr Actuarial Analyst, Personal Insurance Pricing

Definity is the parent company to some of Canada’s most long-standing and innovative insurance brands, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. Our ambition is to be one of Canada’s leading and most innovative property and casualty insurers. We can’t do that without our people, so we embrace and encourage a culture that’s collaborative, ambitious, rewarding, and empowering.

We offer a flexible, hybrid work experience where employees work from the office and virtually depending on the type of work they are doing and who they are working with. Bring your true self and be a part of our journey. It’s better here.

Reporting to the Pricing Manager, your responsibilities include contributions to pricing projects using state of the art actuarial models and innovative approaches as well as the coaching and mentoring of less experienced analysts. Projects are varied and include managing rate filings, development of new tools/processes, development of rating structures and monitoring/reporting on overall rate adequacy. In this role, you will have exposure to rating and product development work in personal auto lines, with valuable project leadership opportunities, exposure to higher management and career development potential.

What can you expect in this role?

• Work on diversified and unique key business initiatives ranging from diagnostics to creating new pricing
• Collaborating on and managing rate filings across different regions
• Participate in creating solutions for current and emerging trends
• Participate in high exposure cross-departmental projects
• Engage with internal and external stakeholders
• Identify opportunities for process efficiencies across business areas
• Develop knowledge of actuarial operations and the insurance business, including predictive modeling, underwriting, claims handling, and product development
• Develop and apply your experience with database and predictive modeling software to prepare and analyze data for profitability analysis and other diverse applications
• Effectively manage timelines for independent projects and analysis
• Communicate actuarial concepts and make recommendations to management both verbally and in writing with supporting documentation
• Measure, track, and monitor company and industry performance
• Perform peer reviews on the technical and qualitative analysis of peers

What do you bring to the role?

• University degree in any one of the following programs: Actuarial Sciences, Mathematics, Statistics
• Completion of 4-6 exams of the Casualty Actuarial Society
• 2-5 years of relevant experience full time experience 
• Strong programming skills, including knowledge of SAS and efficient use of Microsoft applications (Excel, Access, VBA, etc.)
• 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 $69,800 - $140,400.