Manager, Actuarial

Farm Mutual Re is a mutual reinsurer that offers tailored reinsurance solutions for varied insurance lines and helps mutual insurers keep their promises by providing financial stability and insurance capacity. Recognized as Waterloo Area’s Top Employers 2025 and Canada’s Greenest Employer 2025, we remain committed to making a meaningful impact on our members, customers, employees, and business partners. Our values of care, trust, courage, and sustainability foster a sense of belonging and guide our decisions and actions.

**The Opportunity**

Reporting to the AVP, Actuarial, this role leads and executes annual goals relating to risk assessments, pricing strategies, reserving policies and reporting as assigned by leadership. The role will manage team resources and processes, assigning tasks to ensure schedules and goals are met. The role will lead the ORSA risk measurement process to support annual reporting by developing robust models and methodologies to estimate actuarial risk.

The Actuarial Manager ensures that data accuracy, integrity and consistency are acted upon in a timely and appropriate fashion for departmental projects. The role recommends procedural improvements and policy adjustments for better accuracy in pricing and risk assessments. In addition, the role directly manages the team’s actuarial work to ensure department goals are met, particularly in pricing analysis and risk evaluation and contributes to broader department initiatives.
- Directly supervise a small team of 4-6 actuarial analysts, providing mentorship & coaching as well as managing performance reviews and team development.
- Manage the department schedules to ensure effective team resourcing.
- Resolve complex actuarial issues related to pricing and risk and proposes process & policy improvements to optimize the team’s performance.
- Communicate insights to the leadership team to support decision making.
- Collaborate with departments to estimate the impact arising from reserving practise changes and regulatory reforms.
- Review performance against targets, perform root cause analysis and provide recommendations for action to address the underlying issues.

**Your Skills and Qualifications**
- You have a Bachelor’s Degree in Actuarial Science, Mathematics or Statistics.
- You have a minimum of 7 years of prior experience in Property and Casualty actuarial field, with a minimum of 2 years in Reinsurance pricing
- You have a minimum of 2 years experience in a people leadership role.
- You have completed your FCAS/FCIA designation. You have excellent communication skills along with exceptional interpersonal skills to develop deep-rooted relationships, influence change and exhibit a collaborative leadership style.
- You hold strong organizational, analytical, and problem-solving skills, and the ability to prioritize competing demands and projects.

**What’s in it for you?**
- Flexible hybrid work environment, which balances remote and in-office work
- A comprehensive wellness plan, including personalized health coaching, fitness classes, and access to an on-site gym
- Ongoing professional development opportunities, such as paid education, training, certifications, mentorship programs, and personalized career development plans
- Paid volunteer day to give back to your community
- In addition to our competitive salary, employees also receive exceptional employer-paid benefits, a defined benefit pension plan, and more to support their future

**How to Apply**

Visit our website and complete our Employment Application found on our Careers page.

**Benefits**:

- Casual dress
- Company events
- Company pension
- Dental care
- Disability insurance
- Employee assistance program
- Extended health care
- Flexible schedule
- Life insurance
- On-site gym
- On-site parking
- Paid time off
- Tuition reimbursement
- Wellness program
- Work from home

Schedule:

- Monday to Friday

**Experience**:

- Insurance: 7 years (required)
- Management: 2 years (required)

Work Location: Hybrid remote in Cambridge, ON N1T 1Z6