Senior Actuarial Analyst

  • 34052
  • Non-Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Aug 15, 2018
Insurance
RESPONSIBILITIES
  • Develop new predictive models and incorporate machine learning techniques to be used for pricing and underwriting.
  • Create new and improve existing analytical tools and models.
  • Contribute to proposals for new and innovative approaches for pricing, underwriting, and product design based on statistical analyses, a solid understanding of P&C insurance products, and awareness of business strategy.
  • Collaborate with the team by providing guidance and training on implications and interpretation of analyses.
  • Update pricing assumptions used in rate indications, produce indicated overall rate level changes.
  • Continuously evolve the company’s rating plans to identify gaps and propose changes to improve pricing sophistication.
  • Increase business and technical knowledge through frequent liaison and collaboration with colleagues in the business and actuaries in other units.
  • Peer review actuarial and statistical work conducted by others.
QUALIFICATIONS
  • University degree in actuarial science, mathematics, statistics, or related field.
  • Minimum 3 years of relevant experience; insurance and/or pricing knowledge, experience in P&C industry with commercial pricing experience is preferred.
  • Strong technical knowledge in pricing and predictive modeling.
  • Strong written and verbal communication skills including the ability to effectively collaborate with multi-disciplinary groups and all organizational levels.
  • Excellent computer skills and programming proficiency.
  • Ability and willingness to maintain knowledge and skills through efforts during and outside of work hours with an emphasis on continuous learning about new technical developments as well as leadership techniques.
  • Excellent analytical, organizational, problem-solving, communication and interpersonal skills.
  • Works effectively in a team environment.