Actuarial Technical Lead
Top Benefits
About the role
Join the Ontario Mutual Automobile Plan (OMAP) team and experience the passion it takes to empower and advance our mutual insurance community!
We have an excellent opportunity to join one of Waterloo Region’s top employers as an Actuarial Technical Lead in our Ontario Mutual Automobile Plan (OMAP) department. With this position, you will have the opportunity to join a culture that takes pride in being honest, delivering on promises and is committed to doing what is right.
OMAP is a department which provides product, underwriting, actuarial, regulatory, and systems support to a group of Ontario Mutual Insurance Association (OMIA) companies that underwrite automobile insurance in Ontario and have elected to do a common filing with the Financial Services Regulatory Authority (FSRA). This group of 30 mutual insurance companies writes a combined annual automobile insurance premium base of approximately $400M.
The Opportunity
Reporting to the Actuarial Manager, OMAP, the Actuarial Technical Lead is responsible for the delivery of actuarial rate indications and statistical models. This role supports the Ontario Mutuals’ shared automobile insurance product. The Actuarial Technical Lead is responsible for independently investigating complex pricing and performance issues, identifying root causes and recommending corrective actions. The role collaborates with both internal and external business partners, managing end-to-end projects. The role acts as a technical resource to the team, reviewing and approving actuarial work while providing technical guidance.
This position offers a hybrid work schedule.
The Role:
As the successful candidate, you will:
- Lead the process for auto rate indications and rate change filings in response to the regulatory requirements
- Independently execute complex actuarial analysis, build predictive models, and monitor auto pricing performance KPIs
- Partners closely with business leaders, anticipates partner needs, and proactively proposes solutions aligned with organizational objectives
- Serves as a trusted advisor with OMAP’s actuarial team, providing input on product, underwriting rules and growth strategy
- Monitors industry and regulatory development, assessing implications for internal models and processes
- Manages end-to-end projects, including scope, timelines, deliverables, and implementation
Your Skills and Qualifications:
- A degree in actuarial science, statistics, or another related field
- ACAS designation preferred, FCAS designation considered an asset
- 5 years’ experience in an actuarial role, including 2 years of experience in automobile industry
- Prior experience completing auto rate filings with regulators considered an asset
- Prior experience with non-PPV automobile lines of business would be an asset
- Proficiency with excel and business intelligence tools (i.e. Power BI)
- Experience with programming and analytics tools (i.e. SQL, R, Python or other actuarial software)
- Strong communication skills such as presenting data to non-technical audiences
- Strong analytical judgement to guide effective, practical solutions achieving operational goals
This posting represents a current, existing vacancy within our organization.
Salary Range
The expected base salary range for this position is $125,000 - $150,000.
The actual salary will be determined based on factors including but not limited to, market conditions, relevant experience, job related knowledge, skills, abilities, qualifications, and education.
Employees may also have the opportunity to participate in incentive programs to earn additional compensation. Incentive compensation is tied to established business and individual performance targets.
What’s in it for you?
- Flexible hybrid work environment, which balances remote and in-office work
- A comprehensive wellness plan, including personalized health coaching, fitness classes, and access to an on-site gym
- Ongoing professional development opportunities, such as paid education, training, certifications, mentorship programs, and personalized career development plans
- Paid volunteer day to give back to your community
- In addition to our competitive salary, employees also receive exceptional employer-paid benefits, a defined benefit pension plan, and more to support their future
Recognized as Waterloo Area’s Top Employers 2026, Southwestern Ontario’s Top Employers 2025, and Canada’s Greenest Employer 2025, we remain committed to making a meaningful impact on our members, customers, employees, and business partners. Our values of care, trust, courage, and sustainability foster a sense of belonging and guide our decisions and actions.
How to Apply
SelectApply nowto submit your application.
Farm Mutual Re is committed to creating an equitable, diverse, and inclusive work environment for all. We provide accommodations that help achieve a barrier-free workplace. If you require an accommodation to participate in the recruitment process, please contact recruitment@farmmutualre.com.
Not the right fit? Search for Actuarial Technical Lead jobs in Cambridge, ON
About Farm Mutual Re
Farm Mutual Re is Canada's first Canadian-owned Reinsurance Company. Formed in 1959 by Farm Mutual Insurance Companies from across Canada, our members have been providing property, casualty and auto insurance products for over 100 years.
With uncompromising service and commitment, Farm Mutual Re continues to strive for excellence at all levels. As a progressive and dynamic reinsurance organization, we believe that our continued success depends on our most valuable assets - our employees. We offer competitive salaries and excellent benefits as part of a total rewards package.
At Farm Mutual Re we focus on people and the development of long-term relationships. We promote a healthy balance between career and family. Respecting and recognizing the values of honesty, integrity and accountability are captured in our core values. We acknowledge and appreciate the diversity of our workplace and the contributions of each person. Together we promote an environment that fosters professionalism, education, leadership and trust.
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Actuarial Technical Lead
Top Benefits
About the role
Join the Ontario Mutual Automobile Plan (OMAP) team and experience the passion it takes to empower and advance our mutual insurance community!
We have an excellent opportunity to join one of Waterloo Region’s top employers as an Actuarial Technical Lead in our Ontario Mutual Automobile Plan (OMAP) department. With this position, you will have the opportunity to join a culture that takes pride in being honest, delivering on promises and is committed to doing what is right.
OMAP is a department which provides product, underwriting, actuarial, regulatory, and systems support to a group of Ontario Mutual Insurance Association (OMIA) companies that underwrite automobile insurance in Ontario and have elected to do a common filing with the Financial Services Regulatory Authority (FSRA). This group of 30 mutual insurance companies writes a combined annual automobile insurance premium base of approximately $400M.
The Opportunity
Reporting to the Actuarial Manager, OMAP, the Actuarial Technical Lead is responsible for the delivery of actuarial rate indications and statistical models. This role supports the Ontario Mutuals’ shared automobile insurance product. The Actuarial Technical Lead is responsible for independently investigating complex pricing and performance issues, identifying root causes and recommending corrective actions. The role collaborates with both internal and external business partners, managing end-to-end projects. The role acts as a technical resource to the team, reviewing and approving actuarial work while providing technical guidance.
This position offers a hybrid work schedule.
The Role:
As the successful candidate, you will:
- Lead the process for auto rate indications and rate change filings in response to the regulatory requirements
- Independently execute complex actuarial analysis, build predictive models, and monitor auto pricing performance KPIs
- Partners closely with business leaders, anticipates partner needs, and proactively proposes solutions aligned with organizational objectives
- Serves as a trusted advisor with OMAP’s actuarial team, providing input on product, underwriting rules and growth strategy
- Monitors industry and regulatory development, assessing implications for internal models and processes
- Manages end-to-end projects, including scope, timelines, deliverables, and implementation
Your Skills and Qualifications:
- A degree in actuarial science, statistics, or another related field
- ACAS designation preferred, FCAS designation considered an asset
- 5 years’ experience in an actuarial role, including 2 years of experience in automobile industry
- Prior experience completing auto rate filings with regulators considered an asset
- Prior experience with non-PPV automobile lines of business would be an asset
- Proficiency with excel and business intelligence tools (i.e. Power BI)
- Experience with programming and analytics tools (i.e. SQL, R, Python or other actuarial software)
- Strong communication skills such as presenting data to non-technical audiences
- Strong analytical judgement to guide effective, practical solutions achieving operational goals
This posting represents a current, existing vacancy within our organization.
Salary Range
The expected base salary range for this position is $125,000 - $150,000.
The actual salary will be determined based on factors including but not limited to, market conditions, relevant experience, job related knowledge, skills, abilities, qualifications, and education.
Employees may also have the opportunity to participate in incentive programs to earn additional compensation. Incentive compensation is tied to established business and individual performance targets.
What’s in it for you?
- Flexible hybrid work environment, which balances remote and in-office work
- A comprehensive wellness plan, including personalized health coaching, fitness classes, and access to an on-site gym
- Ongoing professional development opportunities, such as paid education, training, certifications, mentorship programs, and personalized career development plans
- Paid volunteer day to give back to your community
- In addition to our competitive salary, employees also receive exceptional employer-paid benefits, a defined benefit pension plan, and more to support their future
Recognized as Waterloo Area’s Top Employers 2026, Southwestern Ontario’s Top Employers 2025, and Canada’s Greenest Employer 2025, we remain committed to making a meaningful impact on our members, customers, employees, and business partners. Our values of care, trust, courage, and sustainability foster a sense of belonging and guide our decisions and actions.
How to Apply
SelectApply nowto submit your application.
Farm Mutual Re is committed to creating an equitable, diverse, and inclusive work environment for all. We provide accommodations that help achieve a barrier-free workplace. If you require an accommodation to participate in the recruitment process, please contact recruitment@farmmutualre.com.
Not the right fit? Search for Actuarial Technical Lead jobs in Cambridge, ON
About Farm Mutual Re
Farm Mutual Re is Canada's first Canadian-owned Reinsurance Company. Formed in 1959 by Farm Mutual Insurance Companies from across Canada, our members have been providing property, casualty and auto insurance products for over 100 years.
With uncompromising service and commitment, Farm Mutual Re continues to strive for excellence at all levels. As a progressive and dynamic reinsurance organization, we believe that our continued success depends on our most valuable assets - our employees. We offer competitive salaries and excellent benefits as part of a total rewards package.
At Farm Mutual Re we focus on people and the development of long-term relationships. We promote a healthy balance between career and family. Respecting and recognizing the values of honesty, integrity and accountability are captured in our core values. We acknowledge and appreciate the diversity of our workplace and the contributions of each person. Together we promote an environment that fosters professionalism, education, leadership and trust.