Actuarial Co-Op Student

2 weeks ago

Toronto, Ontario, Canada Liberty Mutual Canada Full time
Department: Actuarial

Location: Toronto

ReportsTo : Actuary

Company Overview:

Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial insurance products and solutions to mid-size and large Canadian companies with Canadian, North American and/or multinational risks. Liberty Mutual Canada has over 250 employees and services its clients coast-to-coast from our regional offices in Vancouver, Calgary, Edmonton, Toronto, Montreal, and Halifax.

At Liberty Mutual Canada, diversity is about all of us. Our promise to you is a culture that is collaborative, rewarding, and empowering. We are committed to attracting and retaining employees across all dimensions of diversity and believe that recognizing, appreciating, and applying the unique insights, perspectives and backgrounds of each person cultivates an atmosphere of trust and respect. Diversity, Equity & Inclusion (DEI) is how we do business, and we'll continue to invest in it to create a stronger global organization.

If you are unsure whether or not your experience matches every requirement below, we encourage you to apply anyway. We are looking for varied and diverse perspectives and experiences that we can add to our team

Our core values guide all of our decision-making and come to life through our benefits and employee programs. We offer:

- A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance.

- Competitive time off policy

- Employee & Family Assistance Programs

- Participation in our national employee committees' initiatives - social responsibility, employee engagement, diversity, equity & inclusion

The Opportunity:

Liberty is seeking an Actuarial Co-Op Student to assist senior actuary staff with various responsibilities and functions, while learning actuarial theories and procedures. As part of the actuarial department goals in the field of data science, we are looking for an individual who will be able to help design and build models, tools, applications, systems, and platforms for actuarial and data science analytical work.

Duties and Responsibilities:
  • Data extraction from various sources and systems and manipulate the data: Moderately complex calculations.
  • Work with very detailed insurance data: premium and loss data, exposure data, and financial data.
  • Calculate premium rate changes, exposure changes, loss development factors, and other quantities.
  • Produce reports and high-quality exhibits graphs, tables etc. for senior actuarial and business use.
  • Actuarial Pricing and Profitability Studies for individual accounts and entire portfolios
  • Quarterly Actuarial Loss Reserving and year end analysis: Work with Loss Development Triangles.
  • Financial Modeling, Financial Plan, and Scenario Stress Testing.
  • Be able to think conceptually at a fairly complex level as well as attention to detail.
  • Build pricing tools and pricing models.
  • Deductibles and Increased limit factors.
  • Work with loss models, frequency and severity distributions, aggregate loss distributions, simulations, time series, correlation and covariance, parameter estimation, model best fit, etc.
  • Be able to build and develop programming models that start with basic data and follow the conceptual path to a business objective.
  • Be able to very quickly develop a very high level of skill in the following programming systems:
    • Microsoft Excel
    • Microsoft Access
    • VBA macros
    • SQL
    • Programming Language R
    • Python.
Skills & Qualifications:
  • Currently enrolled in a university degree program in Actuarial Sciences, Mathematics, Statistics, or other relevant disciplines.
  • Solid academic standing in Mathematics, Statistics, and analytical skills at the university undergraduate level.
  • Strong interest in developing a very high level of programming and data analytic skills.
  • Basic knowledge of insurance principles.
  • Strong oral and written communication skills across a broad range of subjects.
  • Very strong work ethic and willingness to continually learn.
  • Completion of one Casualty Actuarial Society exam is preferred.
Liberty Mutual Canada is committed to fostering an inclusive, accessible environment where all employees feel valued and supported. We are committed to building a workforce that is representative of the communities we operate in and serve. If you require an accommodation for the recruitment/interview process due to a disability (which may be invisible or visible, temporary, or permanent), please let us know and we will work with you to meet your needs.

  • Actuarial Co-op, Life

    2 weeks ago

    Toronto, Ontario, Canada Munich Re Full time

    POSITION: Actuarial Co-op, Life & Health (2024 Fall - Toronto, 4 months)LOCATION: Toronto, ONANTICIPATED START DATE: September 2024Together, we engage with everything we have and are, to help humankind act braver and better.As the world's leading reinsurance company with more than 40,000 employees in over 50 locations around the globe, Munich Re introduces a...

  • Actuarial Co-op, Life

    3 weeks ago

    Toronto, Ontario, Canada Munich Re Full time

    POSITION: Actuarial Co-op, Life & Health (2024 Fall - Toronto, 4 months)LOCATION: Toronto, ONANTICIPATED START DATE: September 2024Together, we engage with everything we have and are, to help humankind act braver and better.As the world's leading reinsurance company with more than 40,000 employees in over 50 locations around the globe, Munich Re introduces a...

  • Actuarial Co-op/Internship Opportunities

    2 weeks ago

    Toronto, Ontario, Canada Sun Life Financial Inc. Full time

    Our student and new graduate programs offer a chance to explore Sun Life from the inside. You'll make a difference in the lives of our customers and communities, while building the skills and experience that allow you to grow in a meaningful and rewarding way.Job Description:This actuarial co-op/internship opportunity provides a way for you to explore an...

  • Actuarial Co-op/Internship Opportunities

    1 month ago

    Toronto, Ontario, Canada Sun Life Financial Inc. Full time

    Our student and new graduate programs offer a chance to explore Sun Life from the inside. You'll make a difference in the lives of our customers and communities, while building the skills and experience that allow you to grow in a meaningful and rewarding way.Job Description:This actuarial co-op/internship opportunity provides a way for you to explore an...

  • Actuarial Co-op, Property

    2 weeks ago

    Toronto, Ontario, Canada Munich Re Full time

    POSITION: Actuarial Co-op, Property & Casualty Reserving (2024 Fall - Toronto, 8 months)LOCATION: Toronto, ONDURATION: 8 Months ANTICIPATED START DATE: September 3, 2024NUMBER OF POSITIONS: 1APPLICATION DEADLINE: May 17, 2024Together, we engage with everything we have and are, to help humankind act braver and better.As the world's leading reinsurance company...

  • Actuarial Co-op, Property

    3 weeks ago

    Toronto, Ontario, Canada Munich Re Full time

    POSITION: Actuarial Co-op, Property & Casualty Reserving (2024 Fall - Toronto, 8 months)LOCATION: Toronto, ONDURATION: 8 Months ANTICIPATED START DATE: September 3, 2024NUMBER OF POSITIONS: 1APPLICATION DEADLINE: May 17, 2024Together, we engage with everything we have and are, to help humankind act braver and better.As the world's leading reinsurance company...

  • Actuarial Student

    4 weeks ago

    Toronto, Ontario, Canada RGA Reinsurance Company Full time

    Position OverviewThe RGA Co-Op/Internship Program is committed to providing students with meaningful work and a chance to gain a wide knowledge of the insurance industry and to network with fellow interns and full-time associates. We provide a welcoming environment where students are encouraged to ask questions and contribute their ideas while expanding...

  • Actuarial Student

    2 weeks ago

    Toronto, Ontario, Canada RGA Reinsurance Company Full time

    Position OverviewThe RGA Co-Op/Internship Program is committed to providing students with meaningful work and a chance to gain a wide knowledge of the insurance industry and to network with fellow interns and full-time associates. We provide a welcoming environment where students are encouraged to ask questions and contribute their ideas while expanding...

  • Actuarial Student

    4 weeks ago

    Toronto, Ontario, Canada RGA Reinsurance Company Full time

    Position OverviewThe RGA Co-Op/Internship Program is committed to providing students with meaningful work and a chance to gain a wide knowledge of the insurance industry and to network with fellow interns and full-time associates. We provide a welcoming environment where students are encouraged to ask questions and contribute their ideas while expanding...

  • Actuarial Student

    4 weeks ago

    Toronto, Ontario, Canada RGA Reinsurance Company Full time

    Position OverviewThe RGA Co-Op/Internship Program is committed to providing students with meaningful work and a chance to gain a wide knowledge of the insurance industry and to network with fellow interns and full-time associates. We provide a welcoming environment where students are encouraged to ask questions and contribute their ideas while expanding...

  • Actuarial Student

    2 weeks ago

    Toronto, Ontario, Canada RGA Reinsurance Company Full time

    Position OverviewThe RGA Co-Op/Internship Program is committed to providing students with meaningful work and a chance to gain a wide knowledge of the insurance industry and to network with fellow interns and full-time associates. We provide a welcoming environment where students are encouraged to ask questions and contribute their ideas while expanding...

  • Actuarial Student

    2 weeks ago

    Toronto, Ontario, Canada RGA Reinsurance Company Full time

    Position OverviewThe RGA Co-Op/Internship Program is committed to providing students with meaningful work and a chance to gain a wide knowledge of the insurance industry and to network with fellow interns and full-time associates. We provide a welcoming environment where students are encouraged to ask questions and contribute their ideas while expanding...

  • Actuarial Student Co-op Program

    2 weeks ago

    Toronto, Ontario, Canada PartnerRe Full time

    Company DescriptionPartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with...

  • Actuarial Student Co-op Program

    2 months ago

    Toronto, Ontario, Canada PartnerRe Full time

    Company DescriptionPartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with...

  • Actuarial Co-op

    2 weeks ago

    Toronto, Ontario, Canada The Travelers Indemnity Company Full time

    Who Are We?Solid reputation, passionate people and endless opportunities. That's Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.Job...

  • Actuarial Co-op

    3 weeks ago

    Toronto, Ontario, Canada The Travelers Indemnity Company Full time

    Who Are We?Solid reputation, passionate people and endless opportunities. That's Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.Job...

  • Health Actuarial Analyst Co-Op

    2 weeks ago

    Toronto, Ontario, Canada Mercer Full time

    We're Mercer - a global consulting leader in health, wealth and career. Mercer has 25,000 colleagues based in 43 countries. We help clients worldwide from small businesses to Fortune 1000 companies advance the health, wealth and performance of their most vital asset – their people. At Mercer, we promote a culture where you can bring your authentic self to...

  • Health Actuarial Analyst Co-Op

    3 weeks ago

    Toronto, Ontario, Canada Mercer Full time

    We're Mercer - a global consulting leader in health, wealth and career. Mercer has 25,000 colleagues based in 43 countries. We help clients worldwide from small businesses to Fortune 1000 companies advance the health, wealth and performance of their most vital asset – their people. At Mercer, we promote a culture where you can bring your authentic self to...

  • Actuarial R&D Co-op

    2 weeks ago

    Toronto, Ontario, Canada The Travelers Indemnity Company Full time

    Who Are We?Solid reputation, passionate people and endless opportunities. That's Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.Job...

  • Actuarial R&D Co-op

    3 weeks ago

    Toronto, Ontario, Canada The Travelers Indemnity Company Full time

    Who Are We?Solid reputation, passionate people and endless opportunities. That's Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.Job...