Analyst, Actuarial

6 days 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 the Reserving team within Corporate Actuarial department.
- Exposure to the monthly estimation and adequacy assessment of Definity’s Personal and Commercial portfolio reserves.
- Opportunity to work closely with the Appointed Actuary and cooperation with internal Corporate Actuarial partners and external Finance / Reinsurance / Claims / Business stakeholders.
- Communicate actuarial concepts and make recommendations to both technical and non-technical stakeholders verbally and in writing with supporting documentation.

**What could you bring to the role?**
- University degree in a quantitative field: Actuarial Sciences, Mathematics, Statistics.
- Completion of a minimum of 3 CAS/SOA exams.
- Prior knowledge / experience in P&C insurance is an asset.
- Proficient in Microsoft Excel / Word / PowerPoint.
- Knowledge in SQL / Python is an asset.
- Can-do attitude, result-oriented mindset with strong willingness to deliver high-quality work products with the required timeline.
- Respond to routine requests of internal and external stakeholders related to data extraction, adequacy assessment, financial reports with validation from senior staff.
- Strong communication and presentation skills to convey complex concepts accurately and concisely to both technical and non-technical stakeholders.
- Team player, adaptable to a changing and fast-paced environment.

**Salary Range**:

- Junior: $53,800 - $106,400
- Intermediate: $65,200 - $123,000

**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

IND1

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