Sr Actuarial Analyst, Personal Insurance Pricing
Top Benefits
About the role
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
Une bonne maîtrise de l'anglais est nécessaire pour servir les clients, tant internes qu'externes, dans l'ensemble du Canada Salary Range : $76,100 - $146,000.
We also take potential into consideration. If you don’t have this exact experience, but you know you have what it takes, be sure to give us more insight through your application and cover letter.
Go ahead and expect a lot — you deserve it, and we’ve got it:
- Hybrid work schedule for most roles
- Company share ownership program
- Pension and savings programs, with company-matched RRSP contributions
- Paid volunteer days and company matching on charitable donations
- Educational resources, tuition assistance, and paid time off to study for exams
- Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents
- Wellness and recognition programs
- Discounts on products and services
Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know by contacting: [email protected]
Background checks This role requires successful clearance of a background check (including criminal checks and leadership references).
About Definity
Definity Financial Corporation is the parent company to some of Canada’s most long-standing and innovative property and casualty insurance brands and companies, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. We focus on making insurance better for our customers, our employees, our broker partners, and our communities.
Our promise to employees is to provide a workplace that’s collaborative, ambitious, rewarding, and empowering. Our inclusive environment provides the space to innovate with colleagues and implement even better ways of doing things. We invest in our employees’ growth and development and help them thrive. With our flexible, hybrid work arrangements, total rewards packages, company share ownership program, and emphasis on work-life balance, it’s better here.
If you’re looking for a career where your perspective and expertise are valued, you’ll find it here at Definity.
La Société financière Definity est la société mère de compagnies d’assurance de dommages parmi les plus établies et innovatrices au Canada, soit Assurance Economical, Sonnet Assurance, Family Insurance Solutions et la Compagnie d’assurance Petline. Definity est dévouée à faire évoluer l’assurance pour sa clientèle, ses équipes, son réseau de courtage et ses communautés.
Nous promettons de fournir un environnement de travail collaboratif, ambitieux, valorisant et stimulant. Notre environnement inclusif vous permet d’innover avec vos collègues et de mettre en œuvre de meilleures façons de travailler. Nous investissons dans la croissance et le perfectionnement de nos gens et les aidons à s’épanouir. Grâce à nos options flexibles de travail hybride, notre programme de rémunération globale, notre régime d’actionnariat et l’accent sur l’équilibre travail-famille, vous évoluerez avec nous.
Si vous souhaitez une carrière où votre point de vue sera reconnu, ne cherchez pas plus loin que Definity.
Sr Actuarial Analyst, Personal Insurance Pricing
Top Benefits
About the role
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
Une bonne maîtrise de l'anglais est nécessaire pour servir les clients, tant internes qu'externes, dans l'ensemble du Canada Salary Range : $76,100 - $146,000.
We also take potential into consideration. If you don’t have this exact experience, but you know you have what it takes, be sure to give us more insight through your application and cover letter.
Go ahead and expect a lot — you deserve it, and we’ve got it:
- Hybrid work schedule for most roles
- Company share ownership program
- Pension and savings programs, with company-matched RRSP contributions
- Paid volunteer days and company matching on charitable donations
- Educational resources, tuition assistance, and paid time off to study for exams
- Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents
- Wellness and recognition programs
- Discounts on products and services
Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know by contacting: [email protected]
Background checks This role requires successful clearance of a background check (including criminal checks and leadership references).
About Definity
Definity Financial Corporation is the parent company to some of Canada’s most long-standing and innovative property and casualty insurance brands and companies, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. We focus on making insurance better for our customers, our employees, our broker partners, and our communities.
Our promise to employees is to provide a workplace that’s collaborative, ambitious, rewarding, and empowering. Our inclusive environment provides the space to innovate with colleagues and implement even better ways of doing things. We invest in our employees’ growth and development and help them thrive. With our flexible, hybrid work arrangements, total rewards packages, company share ownership program, and emphasis on work-life balance, it’s better here.
If you’re looking for a career where your perspective and expertise are valued, you’ll find it here at Definity.
La Société financière Definity est la société mère de compagnies d’assurance de dommages parmi les plus établies et innovatrices au Canada, soit Assurance Economical, Sonnet Assurance, Family Insurance Solutions et la Compagnie d’assurance Petline. Definity est dévouée à faire évoluer l’assurance pour sa clientèle, ses équipes, son réseau de courtage et ses communautés.
Nous promettons de fournir un environnement de travail collaboratif, ambitieux, valorisant et stimulant. Notre environnement inclusif vous permet d’innover avec vos collègues et de mettre en œuvre de meilleures façons de travailler. Nous investissons dans la croissance et le perfectionnement de nos gens et les aidons à s’épanouir. Grâce à nos options flexibles de travail hybride, notre programme de rémunération globale, notre régime d’actionnariat et l’accent sur l’équilibre travail-famille, vous évoluerez avec nous.
Si vous souhaitez une carrière où votre point de vue sera reconnu, ne cherchez pas plus loin que Definity.