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Actuarial Specialist

1 month ago

Toronto, Canada Definity Financial Corporation Full time

Definity is the parent company to some of Canada’s most long-standing and innovative insurance brands, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. Our ambition is to be one of Canada’s leading and most innovative property and casualty insurers. We can’t do that without our people, so we embrace and encourage a culture that’s collaborative, ambitious, rewarding, and empowering.
- We offer a flexible, hybrid work experience where employees work from the office and virtually depending on the type of work they are doing and who they are working with. Bring your true self and be a part of our journey. It’s better here.

**What could this role bring to you?**
- Be a part of an experienced commercial pricing department with great team dynamics;
- Develop various actuarial and commercial insurance product knowledge, such as actuarial pricing, commercial underwriting, claims handling, and commercial product development;
- Communicate actuarial concepts and make recommendations to different stakeholders, including actuarial stakeholders and non-actuarial stakeholders, both verbally and in writing with supporting documentation;
- Produce various data exhibits and analyses relating to measuring, tracking, and monitoring company and industry performance;
- Independently respond to routine requests of internal and external stakeholders related to standard reports and processes with validation from senior leaders;
- Able to take full ownership of large-size projects
- Able to lead and mentor analysts or Co-ops.

**What could you bring to the role?**
- University degree in a quantitative field: Actuarial Sciences, Mathematics, Statistics
- Completion of a minimum of 6 CAS exams. ACAS or FCAS is an asset;
- 6 to 10 years of P&C actuarial experience. Personal or commercial pricing experience is an asset;
- Strong programming skills with SAS, Python, R, Excel VBA, or any programming language;
- Strong Excel skills and efficient use of Microsoft Word and PowerPoint;
- Strong data analytic skills and a strong interest in learning new knowledge and skills;
- Excellent communication and organizational skills;
- Able to perform well in a busy operation and remain calm under pressure;
- Team player, adaptable to a changing and fast-paced environment

Salary range is $77,700 - $157,000

**What’s in it for you?**
- Hybrid work schedule for most roles
- Company share ownership program
- Pension and savings programs, with company-matched RRSP contributions
- Paid volunteer days and company matching on charitable donations
- Educational resources, tuition assistance, and paid time off to study for exams
- Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents
- Wellness and recognition programs
- Discounts on products and services

**Go ahead and expect a lot — you deserve it.**

It’s better here — but don’t take our word for it. Definity was named by Great Place to Work ® as one of the Best Workplaces in Canada for women, for youth, and for inclusion.

**Background checks**

This role requires successful clearance of background checks (including criminal checks and leadership references).

LI-Hybrid

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