Actuarial Analyst

2 months ago

Old Toronto, Canada Ontario Medical Association Full time
Are you looking to join one of Greater Toronto’s Top 2024 Employers?

The Ontario Medical Association (OMA) advocates for and supports doctors, seeking to strengthen their leadership role in caring for patients. We continually seek to be the trusted voice in transforming Ontario’s health-care system by courageously pursuing best practices, new ideas, solutions, and opportunities to improve.

Job summary
This position is responsible for the continuous improvement and development of the OMA Insurance products solution suite, with a specialized focus on the impact of potential changes to coverage and program results.

How you will make a difference
  • Collaborating with our skilled team of actuaries to support the company’s strategic data analysis, risk assessment, and business planning.
  • Supporting the business in tasks that may include the following: Pricing, Portfolio Modeling and Asset Modeling
  • Collaborating cross-functionally to ensure precise financial projections, optimal pricing strategies, and effective risk-management solutions.
  • Driving innovation by staying at the forefront of industry trends, regulatory shifts, and technological advancements.

Requirements that are important to us
  • University Degree in Actuarial Science, Mathematics, Statistics, Finance or related field.
  • 2-3 years of relevant experience
  • Prior Actuarial/Finance work experience
  • Progress towards attaining a designation in any recognized actuarial organization (SOA, CIA) is preferred.
  • Working experience in MS Office (Excel, VBA), Python or similar program is required.
  • Analytical and problem-solving skills with the ability to gather, synthesize, organize, and report information, results, and recommendations to various levels across the organization.
  • Ability to establish priorities and manage multiple tasks with accuracy and attention to detail.
  • Ability to work independently while focused on overall team results.
  • Develop an understanding of the administrative, contractual, and legislative Group Benefits environment.
  • Ability to clearly explain your decisions, both written and verbal.

The OMA has moved to a permanent hybrid work environment. As such, the individual in this position will be required to work a minimum number of days in our Toronto office.

What do we have to offer you?
  • A work environment whose values are to berespectful, bold, responsive, and transparent in our work and our behaviours
  • A fantastic opportunity to grow with the team and help shape the strategic direction of the OMA, its members and the health-care system
  • An organization that is committed to the equity, diversity and inclusion principles of humility, accountability, collaboration, courage and integrity
  • A commitment to growth and development through paid professional development and continuous in-house learning
  • A friendly and flexible hybrid work environment
  • Competitive salary and bonus program
  • Exceptional group benefits package, including a spending account and a robust wellness program
  • An organization that has been recognized as a Greater Toronto’s Top Employers for four consecutive years.

As a condition of employment, OMA conducts background checks and reference checks for all open positions.

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The Ontario Medical Association is strongly committed to diversity within its community and welcomes applications from racialized persons/persons of colour, women, Indigenous People of North America, persons with disabilities, LGBTQ2S+ persons, and others who may contribute to the further diversification of ideas. In accordance with the AODA Act, accommodation will be provided throughout the recruitment process to applicants with disabilities.
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