Actuarial Analyst I

Job Summary (external):

The Actuarial Analyst I supports the Actuarial Services team for the valuation of benefit liabilities, calculation of employer assessment rates, risk analysis, financial forecasting and providing actuarial support for other areas of the organization.

Job Duties:

Assists with the collection and preparation of data to support all actuarial functions including the reconciliation and validation of data, comparison of actual experience to expected/prior experience and follow up on any anomalies found.

Supports the design, development, testing, implementation and maintenance of actuarial models, including the actuarial valuation of liabilities, rate setting, financial forecasting and experience studies.

Develops and maintains documentation of actuarial functions, models and data preparation.

Executes routine actuarial modelling procedures, including month end liability models and prepares reports and analysis of the results.

Works with the actuarial services team to develop new applications for the determination of various benefit liabilities and to ensure proper implementation of the data and proper execution of the models.

Prepares liability and data summaries and reports used for funding and financial statement purposes.

Provides analysis used in research, planning, as well as internal and external requests.

Pursues professional and personal development through continuing education and training, literature reviews, workshops, seminars, etc.

Participates in department-wide and other major projects as required.

Performs other related duties as assigned.

Qualifications:

Actively enrolled in post secondary education in actuarial science, mathematics or related quantitative discipline and returning to post secondary education in the fall.

Plans to pursue or actively pursuing Associateship of the Canadian Institute of Actuaries (ACIA) and/or Associateship of the Society of Actuaries (ASA) designation.

Ability to use a personal computer in a Windows environment.

Well-developed skills in Microsoft software (Word, Excel & Access).

Excellent analytical and mathematical skills

Ability to manipulate, modify, extract and analyze data

Well-developed problem solving skills

Well-developed written and oral communication skills

Ability to organize and prioritize workload

Ability to take initiative and work independently and in a team environment

Strong computer programming skills in VBA and/or SQL would be an asset

Actuarial work experience acquired through a co-op program or summer employment would be an asset

Ability to communicate proficiently in both official languages (English & French) is an asset, but is not required

Competencies (internal only):

Essential:

Analysis/Problem Assessment

Quality Orientation/Attention to Detail

Professional/Technical Knowledge

Very Important:

Decision Making (Judgement and Problem Solving)

Planning, Organizing and Follow-up

Teamwork/Collaboration

Important:

Interpersonal Communication

Integrity

Additional Information (internal):

The salary scale is in effect March 14,

Internal employees do not have to be enrolled in post-secondary education to be eligible. Regular employees who are willing to forego summer vacation will be eligible. The hours of work are Monday to Friday, 8:30 am - 4:30 pm. CWW participants may not be able to retain their EDO when they return to their home position. Qualifications have been reduced for the summer period only. Existing eligibility lists will not be used to staff these positions.

You may be asked to demonstrate your ability through competency based interviewing and/or testing.

Screening decisions are based on information outlined in your resumé and cover letter. Your work performance must be satisfactory for your application to be considered. If applying for a term position or out of a term position, please note that article 10.09d of the Collective Agreement may apply.

The WCB recognizes that individuals may face barriers that hinder their full and equal participation in the workplace, and is committed to providing reasonable accommodation to all employees and candidates who are or may be disabled by one or more barriers in the workplace. Accommodations are available on request for candidates taking part in all aspects of the selection process.

Additional Information (external):

One Summer Relief Position

Starting Salary: $60,844

This summer student position is only open to students who will be returning to post-secondary education in the fall. Any applicant who does not meet this criteria will not be considered.

Please note that this position will begin on April 27, 2026 and end on August 28,

A satisfactory criminal record check and verification of education will be required for the successful candidate.

The WCB is committed to building a skilled, diverse workforce with equitable representation of Indigenous persons, visible minorities, persons with disabilities, women, 2SLGBTQ+ persons and members of other equity-seeking groups. Applicants are encouraged to indicate in their covering letter or resumé if they are a member of these groups.

The WCB recognizes that individuals may face barriers that hinder their full and equal participation in the workplace, and is committed to providing reasonable accommodation to all employees and candidates who are or may be disabled by one or more barriers in the workplace. Accommodations are available on request for candidates taking part in all aspects of the selection process.

Job Summary (internal):

The Actuarial Analyst I supports the Actuarial Services team for the valuation of benefit liabilities, calculation of employer assessment rates, risk analysis, financial forecasting and providing actuarial support for other areas of the organization.