Senior Actuarial Consultant

Company: CGL

Department: Corp Actuarial Services

Employment Type: Regular Full-Time

Work Model: Hybrid

Language: English is required, French is an asset.

Additional Information: This/these role(s) is/are currently vacant

We are a leading Canadian financial services co-operative committed to being a catalyst for a sustainable and resilient society and our team is essential to deliver on this strategy. That's why we prioritize our people, to ensure we provide a strong culture and development opportunities which enables our team to thrive and to live our purpose. The best part is that you will work with people that care passionately about you, our clients and our communities.

Our national Finance team aspires to create, enhance, and protect value for our organization and its stakeholders. Our knowledgeable team educates and influences the organization to make well-informed, risk-based decisions. We think innovatively and strategically to solve business problems and strive to move our business forward with practical, integrated processes and tools that ensure organizational success.

As the Senior Actuarial Consultant, Corporate Actuarial, you will lead capital modeling projects and develop actuarial models to strengthen the organization's financial position and meet regulatory requirements. You will partner with business leaders to assess needs, analyze multiple data sources, and design solutions for complex actuarial challenges. You will drive key initiatives including Financial Condition Testing (FCT), Own Risk Solvency Assessment (ORSA), and strategic capital allocation. Using broad technical expertise, you will influence leaders in shaping the team's strategy and roadmap, while maintaining documentation and upholding policies and procedures.

• Leading and executing capital modeling projects and the development of various actuarial models.
• Supporting the Financial Condition Testing (FCT), Own Risk Solvency Assessment (ORSA) and other capital modeling initiatives using specialized software and various data sources.
• Analyzing the needs of business partners, researching multiple data sources and identifying actuarial requirements to design innovative solutions for complex challenges.
• Building and implementing detailed project plans, performing peer reviews and providing direction and expertise to team members to facilitate their development.
• Maintaining and updating documentation of key actuarial functions, and upholding company and professional policies and procedures.
• Supporting the department in creating a best-in-class environment for professionals where learning, knowledge sharing, and innovation are valued.

• You have an innovative mindset to improve operational efficiencies and ability to influence change, with a primary focus on client needs.
• You use critical thinking skills to recognize assumptions, evaluate arguments, draw conclusions and proactively propose solutions.
• You have strong communication skills to clearly convey messages and explore diverse points of view.
• You build trusting relationships and provide guidance to support the development of colleagues.

• You have completed a bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related discipline.
• You have 5-7 years of relevant experience in the property and casualty actuarial field.
• Having basic knowledge of database management and manipulation, reconciliation, and programming languages such as R, Python and Structured Query Language (SQL) is an asset.
• You have advanced knowledge of capital and risk modeling concepts, techniques and processes.
• You possess an analytical and synthetic mindset with demonstrated ability to successfully design, test, and reconcile solutions while accounting for business needs, available resources, long term maintenance impacts and efficiency.
• Having or working towards the Associate of the Casualty Actuarial Society (ACAS) or Fellow of the Casualty Actuarial Society (FCAS) designation(s) is an asset.
• This position primarily works with majority non-francophone groups, and teams located outside of Québec, and requires proficiency in English. The essential non-French duties are not assignable to adjacent or other team members.

• You will be subject to a Background check as a condition of employment, in the event you are the successful candidate.
• You will work in a hybrid model with a minimum of 2 days per week in the office.

• Training and development opportunities to grow your career.
• Flexible work options and paid time off to support your personal and family needs.
• A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture.
• Paid volunteer days to give back to your community.
• In addition to our competitive salary and incentive programs, eligible employees also benefit from a comprehensive total rewards package including group retirement savings plans, pension and benefits (e.g., health and wellness, dental, disability and life coverage), mental health support and an employee assistance program.

Salary information

Expected salary/hourly range $104,717 - $154,700+

The salary amount for the successful candidate is determined by Co-operators in its discretion and will vary depending on several criteria including but not limited to: local market conditions, geography and relevant job-related factors such as knowledge, skills, qualification, experience and education.

Employees may also have the opportunity to participate in incentive programs and earn additional compensation tied to individual and/or business performance, or other business metrics.