Actuary

3 days ago

North Vancouver, Canada Insurance Corporation of British Columbia Full time $116,300 - $165,000

We welcome applications from all qualified job seekers. Should you require any accommodations, including alternative interview formats, assistance with online assessments, or an ASL interpreter, throughout the application or hiring process, please email your request to accessibility_services@icbc.com – we are committed to ensuring an accessible experience for all candidates.

At ICBC, we strive to build diverse teams which reflect the communities we serve. To support this, we’ve created two talent communities for Indigenous Peoples and People with Disabilities. By joining one of these communities, you’ll connect with our recruitment team who will guide you through the application process and help you explore opportunities at ICBC. Of course, you’re welcome to apply for jobs at ICBC whether or not you join a talent community.

We look forward to hearing from you

Position Highlights

ICBC is one of BC’s largest corporations and one of Canada’s largest property and casualty (P&C) insurers with annual earned premiums of $4.9 billion and $23.7 billion in assets.

ICBC’s actuaries primarily work in two areas: Insurance Pricing and Corporate Actuarial. Insurance Pricing has responsibility for overall rate recommendations for both Basic and Optional Insurance products, rate design, program evaluation, and other insurance modeling projects. Corporate Actuarial has responsibility for the estimation of ICBC’s IBNR reserves, analyzing claims data and other relevant factors to identify future claims trends, financial reporting (discounting of unpaid claims, ULAE reserve), and capital adequacy testing to determine ICBC’s internal capital management MCT targets.

We currently have an opportunity for an Actuary to join our Pricing team. Key accountabilities include:

  • Contribute to the pricing analysis, ensuring compliance with Accepted Actuarial Practice in Canada.
  • Supervise junior team members and provide peer review of their work.
  • Author reports that draw attention to critical issues and required actions.
  • Communicate complex technical results, verbally and in writing, to key internal and external stakeholders, including senior management.
  • Lead large projects.
  • Identify and implement process improvements to analytical work.
  • Develop operational knowledge in areas such as underwriting, product development, and claims processing.

Position Requirements

  • Post-secondary degree and a solid knowledge of actuarial principles along with a minimum of four years of relevant experience in a variety of actuarial work areas.
  • Attained or close to attaining the Fellowship designation with the CAS (or equivalent organization).
  • Excels at collaborating with others.
  • Excellent verbal and written communication skills, which will be complemented by solid analytical skills, critical thinking, and knowledge of the insurance landscape.
  • Excited to challenge the status quo and provide creative solutions to business problems.

Analytical Software Tools

  • Advanced knowledge of MS Excel is required.
  • A Master or higher degree in Actuarial Science, Statistics or other related fields is preferred.
  • Exposure to Python, SQL, R, VBA, PySpark and SAS are considered assets.

About us:

At ICBC, it’s our job to make sure the car insurance system works for all British Columbians, today and in the future. If you want to make the most of your skills and expertise while growing your career, we want you. A career at ICBC is an opportunity to be part of a talented, diverse and inclusive team that is driven to serve its customers and community. You can expect a competitive salary, comprehensive benefits and a collaborative work environment. If you are reliable and dependable, contact us today to be part of our talented and diverse team as we work together to create an insurance system we can all be proud of.

Work arrangements defined:

  • Hybrid 8 – you will work a minimum of 8 days in a 4-week period at your primary office headquarters (typically 2 days per week). The remaining days will be remote within British Columbia.

ICBC provides comprehensive benefit coverage to all eligible employees including a defined benefit pension plan and a minimum of 4 weeks’ vacation, plus 3 Wellness Days.

  • Three options available for your health and dental coverage
  • Employee and Family assistance program (wellness support)
  • Basic group life insurance
  • Voluntary group life insurance
  • Critical Illness insurance
  • Sick leave plan – 100% of pay for a period of a maximum of 8 weeks
  • Long term disability plan
  • Pension plan – defined benefit pension plan that pays a benefit to you or your beneficiary upon termination, death, or retirement

Our values guide how we interact with customers, stakeholders, partners, and each other. They shape our decisions and create a culture where employees feel inspired and empowered to do their best work.

  • Collaborative: We include different perspectives to reach our common goals.
  • Supportive: We seek to understand to meet diverse and evolving needs.
  • Straightforward: We simplify the complex to make things easier.
  • Knowledgeable: We gain knowledge through experience and learning to make informed decisions

We invite you to apply today and find out why employees recommend ICBC to their friends and family as an excellent place to work. We value and seek to maintain an environment of Collaborative, Supportive, Straightforward, and Knowledgeable team. Come join us at one of BC’s Top Employers

Canadian and international candidates are welcomed to apply.

  • Actuary

    4 days ago

    North Vancouver, Canada Insurance Corporation of British Columbia Full time

    We look forward to hearing from you! **Position Highlights** ICBC is one of BC’s largest corporations and one of Canada’s largest property and casualty (P&C) insurers with annual earned premiums of $4.9 billion and $23.7 billion in assets. ICBC’s actuaries primarily work in two areas: Insurance Pricing and Corporate Actuarial. Insurance Pricing has...

  • Actuary

    1 month ago

    North Vancouver, Canada Insurance Corporation of British Columbia Full time

    We look forward to hearing from you! ICBC is one of BC’s largest corporations and one of Canada’s largest property and casualty (P&C) insurers with annual earned premiums of $4.9 billion and $23.7 billion in assets. ICBC’s actuaries primarily work in two areas: Insurance Pricing and Corporate Actuarial. Insurance Pricing has responsibility for...

  • Actuarial Analyst Ii

    1 month ago

    North Vancouver, Canada Insurance Corporation of British Columbia Full time

    We look forward to hearing from you! ICBC’s actuaries primarily work in two areas: Insurance Pricing and Corporate Actuarial. Insurance Pricing has responsibility for overall rate recommendations for both Basic and Optional Insurance products, rate design, program evaluation, and other insurance modeling projects. Corporate Actuarial has responsibility...

  • Actuarial Analyst I

    1 month ago

    North Vancouver, Canada Insurance Corporation of British Columbia Full time

    We look forward to hearing from you! If you are interested in working for one of BC’s largest corporations and one of Canada’s largest property and casualty (P&C) insurers, ICBC is looking to bring an Actuarial Analyst I to their Pricing & Product team. The Actuarial Analyst I is a junior role that supports the work of the manager to deliver optimal...

  • Actuarial Expert

    2 weeks ago

    Vancouver, British Columbia, Canada Aon Hewitt Full time

    Unlock Your Potential in Actuarial ScienceThe ideal candidate will have a background in Actuarial Science or Mathematics and is eager to take on new challenges. As an Actuarial Associate at Aon Hewitt, you will be part of our industry-leading team that empowers results for our clients by delivering innovative solutions from within our Retirement Consulting...

  • Actuarial Data Analyst

    2 weeks ago

    Vancouver, British Columbia, Canada ICBC Full time

    Unlock a rewarding career at ICBC, where you'll have the opportunity to shape the car insurance system for British Columbians.About ICBCWe're more than just an insurer – we're a catalyst for change. With a strong focus on diversity, equity, and inclusion, we strive to build teams that reflect the communities we serve.Job SummaryWe're seeking an experienced...

  • Actuarial Risk Management Professional

    4 weeks ago

    Vancouver, British Columbia, Canada ICBC Full time

    We are seeking a highly skilled Actuarial Risk Management Professional to join our team at ICBC. Based in North Vancouver, this role offers a unique opportunity to work on complex actuarial projects and contribute to the development of risk management strategies.The ideal candidate will have a post-secondary degree and a solid knowledge of actuarial...

  • Intermediate Actuarial Analyst, Commercial

    6 months ago

    North York, Canada Definity Financial Corporation Full time

    Job ID : 7270 Category : Commercial Insurance Brand : Definity Regular/Temporary : Regular Fulltime/Parttime : Full Time Location : North York, Canada Posting Range : $59,400 - $118,100 Economical is part of Definity, which includes some of Canada’s most long-standing and innovative insurance brands, including Economical Insurance, Sonnet Insurance,...

  • Actuarial Analyst

    6 months ago

    Vancouver, Canada LifeWorks Full time

    TELUS Health and LifeWorks have recently come together to leverage the power of technology and our caring cultures to further progress our shared goal of building a healthier and friendlier future for all. As a global-leading health and well-being provider - encompassing physical, mental and financial health - TELUS Health is improving health outcomes for...

  • Actuarial Analyst, Commercial Insurance

    6 months ago

    North York, Canada Definity Financial Corporation Full time

    Job ID : 7277 Category : Commercial Insurance Brand : Definity Regular/Temporary : Regular Fulltime/Parttime : Full Time Location : North York, Canada Posting Range : $52,300 - $103,300 Economical is part of Definity, which includes some of Canada’s most long-standing and innovative insurance brands, including Economical Insurance, Sonnet Insurance,...

  • Benefits Professional

    2 days ago

    Vancouver, British Columbia, Canada Ellement Consulting Full time

    Company OverviewEllement Consulting Group (Ellement) is a private consulting firm established in 1996. We provide actuarial, administration, software programming, and consulting solutions for pension, benefits, and investment programs.Job SummaryWe are seeking a full-time Consultant in the Benefits Consulting Practice, based in Vancouver. This position will...

  • Actuarial Risk Management Strategist

    4 weeks ago

    Vancouver, British Columbia, Canada ICBC -Insurance Corporation of British Columbia Full time

    Actuarial Risk Management StrategistAt ICBC, we strive to build diverse teams which reflect the communities we serve. We foster a performance-driven environment that emphasizes employee leadership and accountability for delivering results.About Us:We're committed to making sure the car insurance system works for all British Columbians, today and in the...

  • Actuarial Associate, Retirement Consulting

    6 months ago

    Vancouver, Canada Aon Corporation Full time

    Posting Description: Do you have a background in Actuarial Science or Mathematics? Are you looking to join an industry-leading team with a global firm? Aon has the opportunity you have been waiting for! This is a hybrid role with the flexibility to work virtually and from our Vancouver office. Applicants must be legally authorized to work in Canada. This...

  • Actuarial Associate, Retirement Consulting

    6 months ago

    Vancouver, Canada Aon Full time

    Do you have a background in Actuarial Science or Mathematics? Are you looking to join an industry-leading team with a global firm? Aon has the opportunity you have been waiting for! This is a hybrid role with the flexibility to work virtually and from our Vancouver office. Applicants must be legally authorized to work in Canada. This role is not eligible for...

  • Actuarial Specialist for Flood Reinsurance Program

    4 weeks ago

    Vancouver, British Columbia, Canada Canada Mortgage and Housing Corporation Full time

    At Canada Mortgage and Housing Corporation, we're committed to making a difference in the lives of Canadians. Our team is dedicated to delivering innovative solutions that promote affordable housing and prosperity.About the RoleWe're seeking an experienced Actuarial Specialist to join our Senior Specialist, Actuarial Services (Flood Insurance) team. As a key...

  • Early Careers: Actuarial Intern, Retirement

    4 months ago

    Vancouver, Canada Aon Corporation Full time

    Posting Description: **Actuarial Intern, Retirement Consulting** Do you have strong analytical skills and want to develop your skills in a changing professional environment? Aon is looking for Actuarial Intern, Retirement Consulting in Vancouver, BC This is a hybrid role with the flexibility to work both virtually and from our offices. - Applicants must be...

  • Actuarial Analyst

    7 months ago

    Vancouver, Canada Stalwart Insurance Group Full time

    **About Stalwart Insurance Brokers Ltd.** Stalwart Insurance Brokers Ltd. (“**Stalwart**”) is a growing national life insurance brokerage looking to become one of Canada’s leading insurance brokers by combining industry expertise with a client-first approach to business. Stalwart values the desire for excellence and entrepreneurial thinking to...

  • Risk Management Actuary Leader

    3 weeks ago

    Vancouver, British Columbia, Canada Insurance Corporation of British Columbia Full time

    About ICBCAt Insurance Corporation of British Columbia, we strive to make the car insurance system work for all British Columbians. We're a talented, diverse, and inclusive team driven to serve our customers and community.Career OpportunityWe're seeking an experienced Risk Management Actuary to join our team. This is an excellent opportunity to lead pricing...

  • Benefits Specialist | Actuarial Consulting Expert

    3 weeks ago

    Vancouver, British Columbia, Canada Ellement Consulting Full time

    About the RoleWe are seeking a highly skilled Benefits Consultant to join our team at Ellement Consulting Group. This is an exciting opportunity for a motivated professional to take on a full-time position in our Benefits Consulting Practice, based in Vancouver.Job SummaryAs a Consultant, you will collaborate closely with senior practitioners to address the...

  • Actuarial Consultant

    2 days ago

    Vancouver, Canada LifeWorks Full time

    Build a meaningful career At LifeWorks, we offer more than career opportunities, we provide career opportunities to make meaningful contributions to people’s lives. The extraordinary expertise of a more than 7,000-strong workforce is harnessed to support the employees and families of the organizations we serve. Our innovative programs have a lasting...