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Senior Actuarial Analyst

Co-operators20 days ago
Hybrid
Burlington, Ontario
CA$69,660 - CA$116,100/annual
Senior Level
Full-Time

Top Benefits

Training and development opportunities
Flexible work options and paid time off
Physical and mental health programs

About the role

Company: CLIC

Department: Actuarial

Employment Type: Regular Full-Time

Work Model: Hybrid

Language: English is required, French is an asset.

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.

Reporting to the Senior Manager, Actuarial Insights – Life , as a Senior Actuarial Analyst you will be responsible for the development of tools to investigate key business issues and the preparation of analyses to support data-driven decisions around profitability and capital efficiency. Co-operators’ Actuarial Insights – Life team enhances our organization’s success by providing comprehensive insights regarding the profitability of our Life Operations portfolio and presenting proactive business strategies to optimize the portfolio’s return on capital.

The Sr Actuarial Analyst role is the sophomore role in the Actuarial Student Program. The Actuarial Student Program looks to develop actuaries within the company by exposing them to the different actuarial functions of the company while at the same time providing support for actuarial exams. While the work itself will be department-specific the role is the continued application of fundamentals of actuarial practice in a professional setting.

How You Will Create Impact

  • Champion and build innovative analysis tools to address diverse business needs across multiple actuarial areas.
  • Monitor and evaluate the drivers of the company’s capital position
  • Developing a broad understanding of the practical applications of actuarial concepts and use them to develop conclusions.
  • Communicating basic actuarial concepts within the department both verbally and in writing and prepare official communication within the department.
  • Upholding professional ethics, values, policies and procedures that support the company’s and profession’s standards.
  • Utilizing and developing Actuarial Knowledge and experience gained through research and development initiatives as well as education learning.

How You Will Succeed

  • You have an innovative mindset to improve operational efficiencies and ability to influence change, with a primary focus on client needs.
  • You use critical thinking skills to recognize assumptions, evaluate arguments, draw conclusions and proactively propose solutions.
  • You have strong communication skills to clearly convey messages and explore diverse points of view.
  • You build trusting relationships and provide guidance to support the development of colleagues.

To Join Our Team

  • You have a Bachelor’s degree in Actuarial Science from a Canadian Institute of Actuaries (CIA)-accredited university or a bachelor’s degree in a relevant discipline.
  • You have insurance industry experience including actuarial modeling.
  • You are actively pursuing a designation with the Canadian Institute of Actuaries (CIA) or The Society of Actuaries (SOA) and are within one year of attaining your Associateship with either organization
  • You have strong computing skills including experience with GGY Axis, Microsoft Office and Excel.

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 (e.g., health and wellness, dental, disability and life coverage), mental health support and an employee assistance program. Please contact our recruitment team for more information.

Expected salary range $69,660 - $116,100

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.

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.

About Co-operators

Financial Services
5001-10,000

As a leading Canadian financial services co-operative, Co-operators offers multi-line insurance and wealth products, services, and advice to build financial strength and security. With over $56 billion in assets under management, we provide financial solutions and security through property and casualty (P&C) insurance, life insurance, wealth management, institutional asset management and brokerage operations. We are governed by member organizations, including co-operative organizations, credit union centrals and representative farm organizations.

We are rooted in the idea that together, we are stronger, safer, and more resilient. Our vision to be a catalyst for a sustainable society is reflected in everything we do, including our community investment programs, strategic partnerships, and active volunteerism. We champion and fund the development of community-oriented co-operatives and social enterprises, invest for positive impact, and work hard to contribute to communities across Canada by supporting financial literacy, mental health, flood safety, and sustainability initiatives and programming.

With over 600 locations across the country, over 6,000 employees and a dedicated financial advisor network of over 2,500 licensed insurance representatives, we remain true to our roots: putting the needs of our clients and our communities first.

Our response to COVID-19 As an essential service, we took immediate steps to ensure the health and safety of our people, clients, and communities. We’re following the direction of Health Canada as we roll out a phased return to corporate and local offices across the country. If you have applied for a posted role, a recruiter will be in touch with an update. Currently, all interviews are being conducted remotely.

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