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Actuarial Services Specialist

3 months ago

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Equal Opportunity Employer: We are dedicated to fostering a diverse workforce that mirrors the variety of our clients and the communities we serve. Explore more about career opportunities with WCB at Careers - WCB Alberta.

Position:

Actuarial Analysts (2)

Employment Type:

Permanent / Full time

Location:

Edmonton - Jarvis

About WCB Alberta:

The Workers' Compensation Board (WCB) – Alberta is a non-profit entity mandated to oversee the workers' compensation framework for the province. A career with WCB signifies a commitment to supporting individuals and understanding their circumstances. Our work makes a significant difference in many lives.

Role Summary:

We are seeking a qualified professional to become a part of our Actuarial Services division. This team is tasked with assessing liabilities, determining industry premium rates, and providing premium-related assistance for the Underwriting sector, alongside conducting risk evaluations, financial projections, and pricing adjustments for policy modifications. The ideal candidate will possess a blend of actuarial expertise and robust programming capabilities.

Key Responsibilities:
  1. Contribute to the design, development, testing, and upkeep of actuarial computing systems for major recurring projects and assignments, including liability assessments, financial projections, experience evaluations, and rate determination.
  2. Evaluate and apply actuarial methodologies to ascertain claim benefit liabilities, industry premium rates, and conduct experience assessments.
  3. Deliver analytical support for research, strategic planning, and program development in response to both internal and external inquiries.
  4. Engage in department-wide initiatives and other significant projects as necessary.
Qualifications and Skills:
  1. Bachelor's degree in mathematical, statistical, actuarial sciences, or computing sciences.
  2. Completion of three or more examinations towards the Associate of the Society of Actuaries (A.S.A.) or Associate of the Casualty Actuarial Society (A.C.A.S.) designation, with ongoing efforts to achieve associateship through continued examination.
  3. This role requires a self-motivated individual capable of working independently with minimal supervision.
  4. Strong analytical abilities and meticulous attention to detail, along with effective interpersonal skills, the capacity to work under pressure, and a collaborative team spirit are essential for success in this position.
  5. Proficiency in Microsoft Excel is mandatory.
  6. Solid knowledge of SQL programming is essential.
  7. Familiarity with additional programming languages (such as Visual Basic.Net) is advantageous.
  8. Excellent written and verbal communication skills are required.
  9. An equivalent combination of education and experience will be considered.
Compensation and Benefits:

We provide a competitive salary, a comprehensive benefits package, flexible working hours, and hybrid work options (a mix of remote and office work) that promote a healthy work-life balance. You will collaborate with supportive leaders and skilled professionals in a nurturing and cooperative work environment. For further details, please refer to our Employee Handbook, available on our website.

Salary Range:

$63,919.00 to $94,976.00 per annum

Commitment to Equal Opportunity:

We are committed to ensuring equal opportunity for all qualified individuals, regardless of race, color, religion, national origin, gender (or gender identity expression), age, sexual orientation, or physical or mental disability. Equal opportunity is upheld in employment, promotions, and compensation.

Note:

Final candidates for this role will be required to undergo a security clearance and a credit check.

Application Instructions:

If interested, please submit a cover letter, resume, and course transcript. Successful candidates must reside in the Edmonton area at the time of hire and be able to work in our Edmonton downtown office.