Actuarial Analyst

Actuarial Analyst

Waterloo, ON, Canada Req #2234 Tuesday, April 23, 2024 At Equitable, we realize that your work life is not just about performing a job; it's about being part of a workplace that helps you grow and reach your full potential. Within our friendly and collaborative work environment, we recognize that the key to our growth and success is a dedicated, motivated and client-responsive staff. Join Equitable today.

Position Title: Actuarial Analyst/Associate
Reports To: Director, Group Actuarial
Department: Group Actuarial
Term: Permanent Full-Time

Work Arrangements: This is a hybrid role. You will work in our office in Waterloo, ON a minimum of two (2) assigned, consecutive days every other week, plus a fifth (5th) assigned day per month. You are welcome to work from the office more than the minimum requirement and there may be some roles that are required to work in our office more than the minimum requirement.

The Opportunity: Equitable is growing We're searching for several Actuarial Analysts or Associates to join our team. This position will have the opportunity to learn about the products in the Group Benefits division reporting to the respective director.

Equitable provides an excellent opportunity for Actuaries of all levels to develop a broad skill set and offers them the experience of working on a variety of actuarial topics. Through offering development opportunities, job rotations, compensation increases and SOA exam support, the Actuarial Student Program at Equitable aims to build strong actuarial talent. Equitable has been one of the fastest growing life insurance companies in Canada and the continued success of the company relies on strength of its people.

What you will be doing:

Financial Management role:

Business Plan – Be a key player: build & refine models, discuss results with leaders Analyze monthly and quarterly business results, and prepare presentation deck Reinsurance Management – oversee monthly settlements, and regular treaty reviews Provide financial skillset to pharma initiatives, drug analysis, and industry pooling Calculate and implement Salesforce compensation Financial Insights for Business Leaders across multiple departments Support initiatives at both Group and company-wide levels Contribute to experience analyses and assumption reviews Provide data and analysis required for industry surveys Continuous improvement of processes and analytics

Pricing role:

Develop and maintain actuarial pricing models for all Group Products Support new product development – analyze results and make recommendations Analyze experience trends and implement pricing changes and assumption updates Provide data and analysis required for industry surveys, and drug pooling Assess the pricing impact of different plan designs and provide recommendations. Participate in the regular review of our pricing rates, methodology and guidelines, ensuring competitiveness while maintaining profitability Collaborate closely with Group Underwriting to recommend pricing adjustments to support Quotes and Renewals

What you will bring:

Working knowledge of the Windows environment, including knowledge of spreadsheet manipulation, databases and word processing applications Sound computer software knowledge, particularly in MS Excel, MS Access and VBA. SQL and PowerBI knowledge are an asset Completing preliminary exams towards attaining ASA and FSA designation A strong focus on customer service with excellent communication skills both verbal and written The ability to work in a multi-tasking environment and meet deadlines Ability to apply mathematical and statistical concepts to real-world actuarial problems. Knowledge of Group Life and Health products is beneficial

What’s in it for you:

A healthy work-life balance with employee wellness top of mind Annual bonus program, annual vacation allowance, and company-paid benefits program An additional paid volunteer day each year so you can spend time giving back to the community Immediate enrollment in the company’s pension program with employer matching Employee resource groups that support an inclusive work environment Tuition support and specialized program assistance An onsite full-service cafeteria with a variety of daily options Discounts on company products and services, and access to exclusive employee perks Regular EQ Together events focused on company togetherness and collaboration

As part of the recruitment/offer process you will be required to:

Provide two professional references (minimum one supervisor and above) Upload a copy of your Society of Actuaries transcript with your application

To learn more about Equitable, we encourage you to explore our organization.

At Equitable, we are committed to providing equal access to employment opportunities across our organization. Please contact our HR team at if you would like to receive our job postings in an alternative format or require an accommodation with the application process.

#LI-Hybrid

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