Sr Actuarial Analyst, Corporate Actuarial

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.

Reporting to the Director, Special Projects in the Corporate Actuarial team, the Senior Actuarial Analyst will join an innovative, project-based team whose members have a mix of data science, predictive modelling, and actuarial expertise. Our team collaborates to covert business needs and opportunities into automated solutions, improving the speed and quality of analysis performed within the department. We support diverse projects at the Enterprise-level and within the Reserving, Planning, Capital Modelling, and Strategic Risk teams.

To thrive in this role, the Senior Actuarial Analyst requires a strong grasp of P&C actuarial concepts, relevant programming experience, and an ability to learn quickly. The successful candidate will develop a firm understanding of Corporate Actuarial objectives and will build a strong skillset working with SQL, Python, process automation, cloud data platforms, and predictive modelling.

What can you expect in this role?

• Compile and categorize data from spreadsheets, databases and cloud platforms for valuation, planning, capital modelling, risk evaluation, and other analyses
• Create and evaluate predictive models in support of Corporate Actuarial functions
• Communicate actuarial concepts and make recommendations to Management both verbally and in writing with supporting documentation
• Lead the end-to-end design and implementation of new automated processes for Corporate Actuarial teams
• Independently respond to requests from internal and external stakeholders
• Perform peer reviews on the technical and qualitative analysis of peers and junior team members

What do you bring to the role?

• University degree in Actuarial Sciences, Mathematics, Statistics, Data Science or other technical discipline
• Completion of 4-6 exams of the Casualty Actuarial Society
• 2-5 years of relevant experience
• Excellent communication and organizational skills
• Strong programming skills
• Able to perform well in a busy operation and remain calm under pressure
• Team player, adaptable to a changing and fast-paced environment

We're committed to finding the right person for the team and are open to adjusting the role for the right candidate.

Salary Range: $76,100 - $146,000

Interested in this role, but don't meet every requirement?
We encourage you to apply We know from experience that a candidate doesn't need 100% of the qualifications listed to bring incredible value to our team. We're actively seeking diverse backgrounds and perspectives to help us make insurance better. At Definity, inclusion, diversity, and equity aren't just "nice to have" — they're essential to our success.

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

Actual salary for the role may vary depending on work location of the successful candidate and other factors including but not limited to, skills, education, experience, working conditions and the local labour market.  In addition to base pay, eligible employees may participate in various incentive plans which are paid out at the discretion of the company and subject to individual and company performance.

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.

Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know by contacting [email protected].

Background checks
This role requires successful clearance of background checks (including criminal checks and leadership references).