If you are looking for an opportunity to make significant contributions within a strong culture of innovation, consider joining our actuarial pricing team at Economical Insurance, including our direct arm, Sonnet. We have opportunities at our Waterloo, Toronto and Montreal locations.
We’re looking for candidates who are on top of their game. Find out what it’s like to work at Economical: https://youtu.be/C2mu-vLY_0Q
Reporting to the Pricing Manager, your responsibilities include contributions to pricing projects using state of the art actuarial models and innovative approaches as well as the coaching and mentoring of less experienced analysts. Projects are varied and include development of rating structures and monitoring/reporting on overall rate adequacy. In this role, you will have exposure to rating and product development work in both personal auto and personal property lines, with valuable project leadership opportunities and career development potential.
Develop knowledge of actuarial operations and the insurance business, including predictive modeling, underwriting, claims handling, and product development
Develop and apply your experience with database and predictive modeling software to prepare and analyze data for profitability analysis and other diverse applications
Effectively manage timelines for independent projects and analysis
Communicate actuarial concepts and make recommendations to management both verbally and in writing with supporting documentation
Measure, track, and monitor company and industry performance
Respond to requests of internal and external stakeholders
Identify opportunities for process efficiencies across business areas
Perform peer reviews on the technical and qualitative analysis of peers
Must have completed a minimum of 6 exams of the Casualty Actuarial Society
Must have 4 to 7 years of relevant full time experience
Must have excellent communication and organizational skills
Must possess strong programming skills, including knowledge of SAS and efficient use of Microsoft applications (Excel, Access, VBA, etc.)
Internal Number: 7567
About Economical Insurance
Because a changing industry calls for a new way of doing things. An ambitious, innovative and fast-paced company, we offer exceptional training and development programs, competitive pay, great benefits, company-matched RRSPs, and paid volunteer days — all within an engaging, fun, and collaborative work environment.
Founded more than 145 years ago, Economical is one of Canada’s leading property and casualty insurance companies. We rely on our national network of more than 800 independent brokers to sell a range of car, home, business, and farm insurance solutions. With Sonnet and Petline, we’re extending our reach through the direct-to-customer channel. With more than 2,400 active employees across the country and a commitment to rethinking the insurance experience, we’re poised for great things.
We’re now adding to our high-performance team to take us into the future. Let’s rethink insurance, together.