Manager, Rate Modeling

Overview:
As the Manager, Rate Modelling, you will be responsible for the vehicle rate group, rate modelling, rating controls, premium and exposure forecasting. You will also be responsible for the daily operations of the department, setting the departmental direction, and providing daily operational leadership to the Rate Modelling staff.

**Responsibilities**:

- Create, implement and maintain actuarial premium and exposure forecasting methodologies for all corporate products including:

- Identify and acquire the requisite information;
- Provide and document assumptions, data and techniques;
- Provide regular variance analysis on forecasted exposure and premium.
- Ensure that methodology conforms with the principle and standards of practice of the Casualty Actuarial Society (CAS) and the Canadian Institute of Actuaries (CIA).
- Enhance the rating methodologies based on the latest methods and trends in actuarial science.
- Responsible for completing board and cabinet submissions, reports and presentations to Management Committee or the Board, and preparing internal and external audit reviews and responses, as required.
- Responsible for the activities of a manager, including management of the departmental budget, participation in planning and budgeting for special projects and improvement initiatives.

Qualifications:

- University degree in Mathematics, Statistics or Actuarial Science.
- Fellow of the Canadian Institute of Actuaries.
- Fellow of the Casualty Actuarial Society
- Minimum seven years progressive experience in the casualty insurance industry, including 5 years of experience in valuation and at least one year in a supervisory capacity.
- In-depth knowledge of actuarial principles and associated tools and methodology.
- Proven capabilities in research, analysis, and a demonstrated ability to interpret and synthesize complex data.
- Strong broad-based analytical skills
- Proven abilities in developing innovative solutions to complex problems.
- Experience in delivery of projects under tight time constraints.
- Superior oral and written communication skills, with demonstrated ability to clearly convey complex information in a concise and straightforward manner.

Employee Benefits:
**Health benefits**

We offer a comprehensive health benefits program that includes:

- flexible health, dental and vision plans
- health spending account
- travel health coverage
- other extended health benefits such as ambulance, massage and physiotherapy

**Financial security**

In an effort to support financial security, we offer:

- registered pension plan
- group, dependent, and optional life insurance coverage
- critical illness insurance
- sick leave to cover short-term disability
- long-term disability

**Wellness**

We offer programs that focus on how to better achieve a balance between work and personal commitments, as well as maintain a healthy workplace culture. This includes:

- vacation entitlement
- flexible work program
- maternity, parental and adoptive leaves
- bereavement and family responsibility leaves
- employee and family assistance program
- mental-health programming
- lunch-and-learn offerings
- discounted gym memberships and wellness account

**Diversity and inclusion**

Manitoba Public Insurance believes that diversity and inclusion strengthens us. We consider ourselves to be a barrier-free organization where individual values, beliefs and practices are respected and appreciated for the diversity they bring to our work life.

**Employee recognition**

It’s important to recognize our employees for their contributions. Not only do we recognize employees as they achieve milestone years in their careers, we also have several outlets for leaders and peers to reward each other for work well done.

**Professional development**

We want our employees to grow, which is why we offer support in keeping their skills up-to-date. We offer in-house training, professional development and an educational assistance program.

**Safety and health**

In an effort to encourage a safe and healthy work environment, we offer various safety, health and workplace policies and programs along with technical expertise and assistance to support employee activities in safety and health.