Pricing Actuary

4 weeks ago


Surrey, Canada Westland Insurance Ltd. Full time

We’re searching for a Pricing Actuary. Are you searching for new possibilities?

Westland Insurance Group Ltd. has an exciting opportunity for a Pricing Actuary located in our brand new hybrid head office in Surrey, BC. As an early hire on a new team, you will be an important contributor in shaping the path forward.

Discover what’s possible, with Westland.

The Westland story is all about growth, and that means plenty of possibility for everyone on our team. Every day, Westland proves that building a great business means taking care of communities, clients, and each other with equal commitment. As we continue to open new doors, we're inviting amazing people like you to join us.

As a Pricing Actuary, you will be an analytics leader for Westland Insurance Group by building a framework to monitor rate adequacy across our portfolio of in-house products - Personal and Commercial Lines. You will be responsible for collaborating with internal stakeholders to implement rate programs and for working with the actuaries representing our partners to reach a common view on the rate adequacy of all our in-house facilities. You will also contribute your pricing expertise in the development of price optimization and customer lifetime value analysis

Interested in learning more?

**Why you'll love Westland**:

- An open, flexible and welcoming workplace
- Plenty of opportunities to grow and learn
- Autonomy to own your own success
- Total rewards program that takes care of your financial, physical, and mental health
- Amplifying Communities, a program to support causes that matter most to our employees

**Why we’ll love You**:

- A minimum of 3-5 years prior P&C actuarial work experience
- Fellow (FCAS) or Associate (ACAS) of the Casualty Actuarial Society or working towards that designation
- Extensive knowledge of actuarial pricing and current best practice
- Knowledge and experience with modeling software: R, Python, SAS
- Ability to communicate technical analysis to a variety of non-technical audiences from senior management to operations
- Excellent verbal and written communication skills
- High degree of accuracy and keen attention to detail
- Strong analytical and critical thinking skills

**Once here, you'll**:

- Performing actuarial pricing analyses and build framework to monitor rate adequacy
- Working with underwriting and operations to implement pricing change
- Leading the ongoing pricing algorithm system design and implementation
- Collaborate with data engineers, analysts, and others across the business to build data asset using modern data stack in Azure cloud.
- Identifying and incorporating 3rd party data where there is a business case
- Coordinating the implementation of pricing analysis and testing with systems
- Building out predictive models that target retention and conversion
- Opportunity to contribute across the analytics value chain if desired

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Want to get to know each other better? Send your resume our way.

You belong here
We strive to be much more than a great place to work. Here, you join a collective of incredibly vibrant, purpose driven, and open-minded people. Every day, Westland proves that building a great business means taking care of communities, clients, and each other with equal commitment. You will be supported and respected for who you are and for the voice you add to the conversation.