Co-operators

Senior Actuarial Analyst

Co-operators$69K — $116K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Post-secondary degree in Mathematics, Actuarial Science, or related field.
  • 2 years' experience in the Property and Casualty insurance sector.
  • Familiarity with modeling software and programming, including Earnix.
  • Experience with actuarial projects and reserve analysis.
  • ACAS or FCAS designations, or progress towards them, preferred.
  • Fluency in English is essential, French is a plus.

Responsibilities

  • Support pricing initiatives to ensure P&C profitability.
  • Collaborate with actuarial teams on commercial auto projects.
  • Analyze portfolio profitability and enhance rating algorithms.
  • Utilize advanced modeling software to meet strategic goals.
  • Communicate actuarial concepts to business partners effectively.
  • Lead small to medium-sized projects within the team.
  • Improve actuarial practices in line with industry trends.

Benefits

  • Training and development opportunities for career growth.
  • Flexible work options and paid time off for personal needs.
  • Holistic well-being programs, including mental health support.
  • Paid volunteer days to contribute to community.
  • Comprehensive total rewards package including retirement savings plans and health benefits.
Full Job Description
Company: CGIC
Department: Commercial & Farm Pricing
Employment Type: Regular Full-Time
Work Model: Hybrid (2 days in office)
Language: English is required, French is an asset.

The Opportunity:

As an Actuarial Analyst II you are a key player to support pricing initiatives. You will work collaboratively with actuarial teams and business partners to support actuarial projects to ensure the profitability of property and casualty (P&C) lines of business. You will work on commercial auto related projects.

How you will create impact:

  • Joining strategic initiatives in a highly collaborative team of commercial auto pricing actuaries impacting multiple entities. Develop expertise and build rating engine using Earnix.
  • Participating in a variety of pricing projects, including analyzing portfolio profitability, developing and improving rating algorithms, impact analysis, and supporting rate implementation.
  • Working with advanced modeling softwares, various data sources and programming languages to contribute to strategic objectives.
  • Communicating actuarial concepts to business partners and maintaining documentation of key actuarial functions.
  • Improving existing actuarial practices and procedures in alignment with emerging trends and best practices in the insurance industry and actuarial landscape.
  • Leading small to medium sized projects within the team, including developing, following, and reporting on timelines.


To join our team:

  • Having knowledge of commercial auto is an asset.
  • You have completed a post-secondary degree in Mathematics, Actuarial Science or related discipline.
  • You have 2 years of experience in the Property and Casualty field.
  • You have working knowledge of modeling softwares and programming languages such as Earnix or other live rating engines.
  • You have experience supporting Actuarial projects and/or completing reserve analysis and reporting.
  • Having or working towards the ACAS or FCAS designations is an asset.
  • This position primarily works with majority non-francophone groups, and teams located outside of Québec, and requires proficiency in English. The essential non-French duties are not assignable to adjacent or other team members.


How you will succeed:

  • You influence change and are committed to continuous improvement, in order to exceed client expectations.
  • You leverage critical thinking skills to identify problems and proactively propose solutions.
  • Your strong communication skills allow you to clearly convey messages.
  • You're an effective team player who shares knowledge to support our peers.


What you need to know:



    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.


    Salary information

    Expected salary $69,660.00to$116,100.00CAD

    Salary placement

    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.

    Incentive/Variable pay

    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

    Co-operators provides auto insurance, home insurance, life insurance, commercial insurance, farm insurance, and group insurance, as well as investment products and property development. They provide travel-related insurance products, hospital and medical coverage, accidental death and dismemberment, vehicle replacement, and hospital and medical coverage insurance.

    Co-operators Careers

    There has never been a better time to join the dynamic team at Co-operators, a leading company renowned for its commitment to community and sustainability.

    Work You’ll Do

    Join Co-operators' top-tier team to assist some of the most respected and well-known businesses in navigating their paths to growth and innovation. At Co-operators, the fusion of technology, industry expertise, and leadership in sustainability shapes a unique marketplace position. Engage with a diverse team of business and sustainability advisors to help clients through their transformative journeys. Collaborate with a robust group of professionals dedicated to pioneering change and promoting diversity and inclusion within the industry.

    Introducing the Co-operators Business Group Advisory

    The team is crafting a market-leading Advisory group to guide well-known companies through their growth and innovation phases, leveraging Co-operators' strong foundation in ethical business practices.

    Do Innovative Work

    Become part of a team where innovation meets practical application, creating solutions that not only drive business success but also contribute positively to society.

    Do Innovative Work

    Deliver targeted solutions that leverage deep consulting experience and a commitment to sustainable, innovative practices that are unmatched in the industry.

    Be Part of a Great Team

    Engage in projects that utilize cutting-edge technology and embrace the comprehensive capabilities of a team committed to excellence and ethical leadership.

    Future-proof Your Career

    With Co-operators, the potential for professional growth is vast, offering numerous opportunities to advance one's career through continuous training, development, and certification support.

    Explore

    Discover how Co-operators is leading the way in employee benefits programs, offering extensive diversity training and leadership development to prepare for the future of work.

    The Co-operators Leadership and Innovation Alliance

    This alliance is dedicated to fostering a culture of leadership and innovation, helping clients and employees alike to navigate the challenges of the modern business landscape. The combined expertise of the team ensures that both innovation and ethical practices drive industry leadership.

    Stay Connected

    Join the Team

    Search for open positions that match your skills and interests. Co-operators seeks passionate, curious, and creative team players who are driven to find solutions and excel in their careers. SEARCH CO-OPERATORS JOBS

    Keep Up to Date

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    READ CAREERS BLOG

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    Learn more about Co-operators
    Size
    5,001 employees
    Industry

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