Actuarial Associate

Millennium Insurance is part of the Wheaton Group, a family-owned organization based in Edmonton that owns a diverse range of businesses in Western Canada, including banking, airline operations, and, of course, insurance. Millennium is local, prides itself on being in tune with what Albertans need from their insurance provider and understands the unique challenges Albertans face day-to-day. And we are experiencing explosive growth.

We award our team with the following:

- Earned Time-Off Program and vacation
- Group Retirement Savings Plan with employer match.
- Facility with ergonomic desks/chairs.
- Educational assistance and career development.
- Fitness center subsidy program
- Employee benefits.
- Employee discount programs.
- Employee recognition and appreciation events.

Millennium Insurance Corporation is looking for a qualified Actuarial Analyst. As a key member of the actuarial team, you will work as part of a group of problem solvers, helping to solve complex business issues from strategy to execution, and contribute to the overall growth of the practice. The Actuarial Analyst is responsible for developing, implementing, and reporting on various actuarial projects and fostering partnership with the rest of the actuarial team by providing professional and timely support to ensure all projects are delivered on time with high quality.

**Responsibilities**:

- Obtain, verify, analyze and model data including risk reporting and forecasting.
- Update trend projections periodically, to support pricing trend development and the corporate business plan.
- Ensure work is accurate and efficient using existing procedures.
- Perform key actuarial functions including new product pricing recommendations in coordination with other actuarial associates.
- Manage reviews of Property and Commercial insurance pricing models.
- Responsible for research and analysis of information to provide recommendations on calculation issues.
- Complete projects on time and with high standards and accuracy.
- Conduct contemporaneous review on general Insurance reserves and report key findings to senior management.
- Independently create and submit regulatory rate, rule, and form filings.
- Support the month-end close process and ensure the accuracy of booked reserves.
- Plan and prioritize work in accordance with the broader team or department objectives and priorities.
- Responsible for coordinating the development and extensive analytical review of trends.
- Participate as a representative of the department during relevant meetings.
- Develop and maintain effective working relationships with both internal and external stakeholders.
- Proactively identify opportunities for improvements in processes and products.
- Analyze and recommend revisions in rates and rating plans for assigned lines of insurance.
- Perform other duties as required

**Experience & Qualifications**:

- Minimum 4-year bachelor’s degree in a related field preferably with a concentration in Actuarial, Mathematics, or Statistics, or an equivalent field of study required.
- Completion of 3 or more exams towards the attainment of Associate of the Casualty Actuarial Society (A.C.A.S.) designation with continued pursuit towards associateship by actively writing actuarial exams is considered an asset.
- Intermediate to Advanced skills with Microsoft Office (Word/Excel).
- Experience working in VBA, Access, SAS, and SQL is an asset.
- Fluent in English with proven skills in verbal and written communication.

COVID-19: All employees must be COVID-19 vaccinated and be able to provide proof of immunization.

Schedule:

- 8 hour shift

Work Location: One location