Manager Actuarial Services

2 months ago


Regina, Saskatchewan, Canada Saskatchewan Workers' Compensation Board Full time
Job Description

Manager, Actuarial Services

Permanent Appointment

Regina Head Office

Job Summary:

The Manager, Actuarial Services is responsible for operational leadership of the Actuarial Services team. The Actuarial Services team is responsible for extracting and analyzing data, developing assumptions and scenarios, developing and maintaining models, and providing advice and recommendations to decision makers and stakeholders. This position will plan, coordinate, supervise, and evaluate activities of staff.

The individual will combine strong technical actuarial skills and exceptional problem-solving ability with a collaborative and growth-oriented leadership style. Understanding the perspective of stakeholders and internal customers is essential, as is the ability to innovatively apply actuarial skills and knowledge to deliver insights and improvements.

This position reports to the Director, Actuarial Services, and is an integral member of the leadership team of both the Finance and Corporate Services division and the WCB as a whole.

Qualifications:
  • A University Degree in actuarial science, mathematics/statistics or a similar quantitative discipline supplemented with a minimum of five (5) years of actuarial work experience;
  • Attainment of a fellowship level designation in a recognized North American actuarial organization (e.g. Casualty Actuarial Society, Society of Actuaries, or Canadian Institute of Actuaries). Equivalent designations from international actuarial organizations may also be considered.
  • A minimum of one (1) year managing a team of actuarial professionals.
Equivalent combinations of education and experience that result in the required level of knowledge, skill, and competence, may be considered.

Applications:

It is the responsibility of the applicant to ensure that the application is received through the online application system prior to close. Each application must include a cover letter explaining how each qualification is met and an updated resume.

The Saskatchewan Workers' Compensation Board is committed to achieving a representative workforce. Members of designated groups (women, aboriginal people, people with disabilities and visible minorities) are encouraged to apply.

Application Deadline: August 5, 2024

About Us

Workers' compensation insurance is a provincial responsibility. Each Canadian province and territory has its own workers' compensation legislation.

The Saskatchewan Workers' Compensation Board (WCB) operates like an insurance company. We provide guaranteed benefits and programs to injured workers in industries covered by The Workers' Compensation Act, 2013 and we protect registered employers from lawsuits when a workplace injury happens.

The Saskatchewan WCB was established in 1911 because of a historic compromise between Saskatchewan workers and employers. Under that compromise, workers injured on the job in covered industries do not have to pay for the benefits they receive or sue their employers to get them. Costs are paid entirely by Saskatchewan employers in covered industries. This is referred to as a no-fault insurance system, also referred to as the compensation system.

The WCB's vision is to eliminate injuries and restore abilities. This is the fundamental driver of all that we do on behalf of our customers - the workers and employers of the province. The WCB is governed by The Workers' Compensation Act, 2013.

About the Team

Actuarial services extracts data, analyses it to identify trends and patterns, and uses it to create financial models and forecasts. These models are used to determine the premium rates employers pay and to evaluate the past and potential future financial impact of events and business decisions.

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