Actuarial Analyst

  • 39326
  • Non-Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Mar 18, 2021
  • 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;
  • Develop new predictive models to be used for pricing and underwriting
  • Contribute to proposals for new and innovative approaches for pricing, underwriting, and product design based on statistical analyses, a good understanding of P&C insurance products, and awareness of the business strategy;
  • Create new and improve existing analytical tools and models;
  • Collaborate with the team by providing guidance and training on implications and interpretation of analyses;
  • 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
  • University degree in actuarial science, mathematics, statistics, or related field
  • Minimum 1 years of relevant experience; insurance and/or pricing knowledge and experience in P&C industry is preferred
  • Some 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 (including Microsoft Office) and programming proficiency (e.g., SAS, VBA, SQL)
  • 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
  • Ability to work effectively in a virtual environment