Senior Actuarial Analyst

10 hours ago

Edmonton, Alberta, Canada Kibbi Full-time

Employment Type: Existing Role

Work Environment: We offer a hybrid work environment that offers flexibility to our employees in balancing in-office (2 days per week OR 15 hours per week in a Wawanesa office) and remote work. You may work from any of the following locations: Winnipeg, MB; Wawanesa, MB; Vancouver, BC; Calgary, AB; Edmonton, AB; Lethbridge, AB; Toronto (North York), ON; Kitchener, ON; Ottawa, ON; Montreal, QC; Quebec City, QC, Moncton, NB; Dartmouth; NS.

Working Business Language: English. This role is considered a head-office role and will be required to communicate with internal stakeholders across Canada where the primary business language utilized is English.

Salary: At Wawanesa, salary is only one component of a holistic, comprehensive and competitive offering that we provide to our employees. In addition to salary, full-time and part-time permanent employees are eligible for an annual bonus plan, leave of absence top-up programs and provided with generous vacation time, personal days, premium free benefits and pension plan.

The salary offered for this role is determined with consideration to various factors, including but not limited to: your work location, local labour market conditions, external market salary data, internal pay equity and the knowledge, skills, experience and anticipated proficiency in the role. The salary offered is estimated to be within the following range. Candidates with salary expectations outside of the range are still encouraged to apply.

  • Actuarial Analyst $65,000 - $95,000
  • Senior Actuarial Analyst $90,000 - $110,000
  • Actuarial Consultant $105,000 - $130,000
  • Senior Actuarial Consultant $120,000 - $145,000
  • Actuarial Expert $135,000 - $170,000

About The Wawanesa Mutual Insurance Company

Founded in 1896, The Wawanesa Mutual Insurance Company is one of Canada’s largest mutual insurers, fully owned by its more than 1.8 million members. Headquartered in Winnipeg, Wawanesa is the parent company of WSI™, a specialty insurer delivering tailored solutions built around unique needs; Wawanesa Life, a provider of life insurance products; and Western Financial Group, a leading national distributor of personal and commercial insurance.

Wawanesa is committed to helping communities thrive in a changing world. The company invests more than $4 million annually in charitable initiatives, including $2.5 million each year to support people and communities on the front lines of climate change. Learn more at wawanesa.com. [wawanesa.com]

We are currently seeking dedicated, driven, and enthusiastic individuals who thrive in a dynamic environment, embrace change, and are eager to gain diverse experience while advancing their careers as part of a growing team.

JOB OVERVIEW

As a member of our Reserving function, you will lead the completion of high-quality valuation analysis, as well the financial and regulatory reporting of our actuarial reserves. Your focus will be on deriving insights from this analysis and communicating these to our key stakeholders. In addition, you will prioritize improving the sophistication of our actuarial financial reporting through process enhancements, automation, data manipulation, reporting capabilities, and advancement of our reserving techniques. Providing contributions to the actuarial group based on your knowledge from the actuarial exam system, as well as your prior relevant academic and work experience is expected. You will be a mentor and coach for actuarial analysts while working through complex analysis in the pursuit of solving business problems and answering business questions.

Note: We are open to hiring at the Senior Actuarial Analyst, Actuarial Consultant or Senior Actuarial Consultant level.

JOB RESPONSIBILITIES

  • Extracts, and manipulates complex data from relevant sources, and assesses data quality.
  • Supports the business and overall team by performing analyses/reviews and completing ad-hoc requests/special projects in a timely manner with minimal support from peers and leaders. Evaluates procedures and processes, and recommend alternatives or improvements.
  • Evaluates existing processes to find areas for increased efficiency. Identifies opportunities for automation of routine tasks and implements advanced techniques. Develops new approaches to problem solving and assesses impacts of solution options with minimal support from leaders.
  • Encouraged to represent Wawanesa at external events that may include universities, actuarial clubs, industry organizations, and charitable causes.
  • Commits to professional development and continuous experiential learning to build cross-functional knowledge, technical skills, and mastery in competencies.
  • Provides regular project updates to stakeholders. Anticipates obstacles and raises them in advance.
  • Leads projects from beginning to e