Actuary

Accountabilities: Pricing and risk management: Apply actuarial pricing methodologies and risk management principles to develop pricing recommendations, evaluate insurance products, and support portfolio optimization. Product development: Contribute to the design, launch, and implementation of new insurance products by developing initial pricing models, underwriting guidelines, and relevant actuarial assumptions. Portfolio monitoring: Conduct scheduled and ad hoc pricing reviews, monitor loss ratios, assess rate adequacy, and evaluate product performance across different insurance portfolios and underwriting partners. Data analysis and modelling: Collaborate with Data, Platform, and Data Science teams to develop analytical models, refine pricing methodologies, and build data-driven insurance solutions. Reporting and dashboards: Develop, maintain, and own dashboards that monitor loss ratios and portfolio performance across different products and market segments, providing actionable insights to support decision-making. Stakeholder collaboration: Work closely with insurance partnerships, product, compliance, analytics, customer operations, and claims teams to improve operational efficiency, manage risks, and support sustainable profitability. External relationship management: Present actuarial findings and portfolio recommendations to insurance partners, underwriters, carriers, and reinsurers, helping strengthen relationships and guide strategic decisions. Continuous improvement: Identify inefficiencies, emerging risks, and opportunities to improve pricing, modelling, reporting, and operational processes. Technical development: Enhance the use of analytical tools, programming languages, and modelling software to support best practices in actuarial analysis and reporting. Cross-functional communication: Translate complex actuarial findings into clear, practical recommendations for both technical and non-technical audiences. Requirements Education: Bachelor's degree in Actuarial Science, Mathematics, Statistics, Data Science, or a related quantitative discipline. Professional qualification: Associate or Fellow qualification as an actuary. Industry experience: At least five years of actuarial experience in property and casualty (P&C) or non-life insurance. Actuarial expertise: Strong knowledge of pricing methodologies, risk assessment, loss ratio analysis, portfolio monitoring, and insurance product development. Technical skills: Strong analytical, mathematical, and quantitative abilities, with advanced proficiency in SQL and Microsoft Excel. Experience with R and/or Python is highly desirable. Data and reporting: Ability to analyze complex datasets, develop pricing and segmentation models, and create dashboards that support portfolio performance monitoring and business decisions. Stakeholder management: Proven ability to build and maintain productive relationships with internal teams and external partners, including underwriters and insurance stakeholders. Communication skills: Excellent written, verbal, and presentation skills, with the ability to explain technical findings and actuarial recommendations clearly to diverse audiences. Project management: Strong organizational skills, attention to detail, and the ability to manage projects independently while prioritizing competing deadlines. Adaptability: Comfortable working in a fast-paced, evolving environment, with the flexibility to respond to changing business priorities and new challenges. Personal qualities: A proactive, curious, and results-oriented mindset, with the confidence to take ownership, challenge existing approaches, and identify innovative solutions. Collaborative approach: An approachable and professional attitude, with the ability to engage effectively with colleagues from actuarial and non-actuarial backgrounds. Benefits Competitive compensation: Annual cash compensation of approximately CAD $115,000–$145,000, depending on experience and qualifications. Flexible work environment: Hybrid working arrangements, with remote work typically on Wednesdays and Thursdays and office attendance on Mondays, Tuesdays, and Fridays. Flexible scheduling: Flexibility around start and finish times to support work-life balance. Professional growth: Opportunities to expand actuarial expertise, develop technical skills, and contribute to innovative insurance products and analytical solutions. Collaborative culture: Work alongside curious, driven professionals who value accountability, knowledge sharing, continuous improvement, and collective success. Meaningful impact: Help modernize the insurance industry through data-driven decision-making, advanced technology, and customer-focused product innovation. Inclusive workplace: Join an organization committed to diversity, inclusion, equal opportunity, and a respectful working environment.