Senior Actuarial Consultant - Auto Pricing
The Co-Operators Insurance Group
Company: CGIC
Department: Home & Auto Pricing
Employment Type: Regular Full-Time
Work Model: Hybrid
Language: English is required, French is an asset
Additional Information: This/these role(s) is/are currently vacant
The Opportunity:
We are a leading Canadian financial services co-operative committed to being a catalyst for a sustainable and resilient society and our team is essential to deliver on this strategy. That’s why we prioritize our people, to ensure we provide a strong culture and development opportunities which enables our team to thrive and to live our purpose. The best part is that you will work with people that care passionately about you, our clients, and our communities.
Our P&C Pricing and Segmentation team is considered an industry leader in the application of actuarial science. Our diverse, skilled team is action-oriented and strives to proactively deliver effective solutions and results. Our success is enhanced by forming strategic partnerships and continuously surpassing the industry in the advancement of science and analytics.
As a Senior Actuarial Consultant, you will lead auto pricing initiatives and collaborate with business partners to understand their needs. You will lead complex projects to deliver unique solutions to ensure the profitability of our auto portfolio.
How you will create impact:
- Developing rate change projects (rate level or segmentation) and various advanced analytical models aligned with corporate strategies.
- Preparing of rate filings and negotiating with regulators to support proposed changes.
- Working efficiently with advanced modeling softwares, various data sources and programming languages to contribute to strategic objectives.
- Analyzing the needs of business partners, researching multiple data sources and identifying actuarial requirements to design innovative solutions for complex challenges.
- Building and implementing detailed project plans, performing peer reviews and providing direction and expertise to team members to facilitate their development.
- Coaching and mentoring team members to facilitate their development and fostering a team environment focused on collaboration and innovation.
How you will succeed:
- You have an innovative mindset to improve operational efficiencies and ability to influence change, with a primary focus on client needs.
- You use critical thinking skills to recognize assumptions, evaluate arguments, draw conclusions and proactively propose solutions.
- You have strong communication skills to clearly convey messages and explore diverse points of view.
- You build trusting relationships and provide guidance to support the development of colleagues.
To join our team:
- You have completed a post-secondary degree in Mathematics, Actuarial Science or a related discipline.
- You have a minimum of 8 years of relevant experience in the property and casualty actuarial field.
- You have advanced knowledge of modeling softwares and programming languages (SQL, SAS, R and/or Python).
- You have strong knowledge of P&C insurance products, emerging trends and best practices in the actuarial landscape.
- Having or working towards the CAS or CIA fellow or associate 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.
What you need to know:
- Detail oriented work that requires a high degree of mental concentration for extended periods of time.
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.