Senior Actuarial Analyst

  • 39127
  • Non-Life - Actuarial
  • |
  • British Columbia, Canada
  • |
  • Aug 30, 2019
  • Use actuarial modeling tools and techniques to develop and maintain rating models, continually optimizing the rating structure for home insurance, and other product lines as required.
  • Perform regular rate indications to set expectations for future losses and premium required to maintain desired financial performance.
  • Assess profitability of different product segments with a view to optimizing rating structures and providing guidance to underwriting.
  • Develop and maintain insight into competitive benchmarking of rates, and use this to help optimize rating structures.
  • Provide input on the structure and pricing of new product features or changes to product features.
  • Assess and qualify the impact that changes to the pricing strategy or coverages have on performance and the portfolio.
  • Make recommendations on data collection, tools, software and business processes to maximize insights and efficiency of the pricing function.
  • Collaborate with relevant stakeholders at all levels of the organization, including making and presenting recommendations to a variety of technical and non-technical audiences.
  • Use analytical tools to gain insights into the insurance portfolio, including monitoring trends, changes and risk.
  • Leverage analytics and technology to support recommendations for improving processes, product design and underwriting rules.
  • Communication of findings to varied audiences across the organization.
  • Assist with effective knowledge transfer within team.
  • Model and encourage use of best practices of actuarial techniques, modelling and analytics.
  • Agile collaboration with all relevant stakeholders across the organization.
  • Post-secondary degree in Mathematics or Actuarial Science.
  • Experience supporting Actuarial projects and/or completing reserve analysis and reporting.
  • Successfully completed two Actuarial exams and are actively working towards your Associate Casualty Actuarial Society (ACAS) or Fellow Casualty Actuarial Society (FCAS) designation.
  • Basic knowledge of SAS, SQL, modeling softwares and programming languages.
  • Two years of experience in the property and casualty actuarial field is an asset.