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Actuarial Analyst - Commercial Insurance

Definity
Full-time
On-site
Toronto, Ontario, Canada
$53,800 - $106,400 USD yearly
Insurance
Description

What could this role bring to you? 

  • Be a part of an experienced commercial pricing department with great team dynamics;
  • Emphasis on learning various actuarial and commercial insurance product knowledge, such as actuarial pricing, commercial underwriting, claims handling, and commercial product development;
  • Participate in Individual Commercial Rated Auto regulatory filings;
  • Develop and apply your experience with spreadsheets, databases, and statistical software to prepare and analyze data for profitability analysis, deep dive analysis, and other diverse applications;
  • Communicate actuarial concepts and make recommendations to different stakeholders, including actuarial stakeholders and non-actuarial stakeholders, both verbally and in writing with supporting documentation;
  • Produce various data exhibits and analyses relating to measuring, tracking, and monitoring company and industry performance;
  • Respond to routine requests of internal and external stakeholders related to standard reports and processes with validation from senior staff;
  • Opportunities to lead and peer review the technical work of COOP.

What could you bring to the role?

  • University degree in a quantitative field: Actuarial Sciences, Mathematics, Statistics;
  • Completion of minimum 2 CAS/SOA exams;
  • Completion of 2 to 4 P&C actuarial CO-OP terms. Personal or commercial pricing experience is an asset;
  • Strong programming skills with SAS, Python, R, Excel VBA, or any programming language;
  • Strong Excel skills and efficient use of Microsoft Word and PowerPoint;
  • Strong data analytic skills and a strong interest in learning new knowledge and skills;
  • 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;

Salary Range: $53,800 - $106,400