Junior Actuarial Analyst

Job Code: 6900
Location: Waterloo, ON
Department: Product Pricing & Analytics (PAPPI)
# of openings: 1
Job Type: Full Time
Closing Date:

Description

If you are looking for a challenging new opportunity to develop your actuarial skills set within a strong culture of innovation, consider joining our actuarial pricing team at Economical Insurance, including our direct arm,  Sonnet .

Reporting to the Pricing Manager, you will be responsible for analysis pertaining to rate adequacy, including production of rate indications and development of rating structures using multi-variate actuarial models.  This opportunity presents exposure to rating and product development work in both personal and commercial insurance.

KEY ACCOUNTABILITIES

  • Develop knowledge of actuarial operations and the insurance business, including predictive modeling, underwriting, claims handling, and product development;
  • Develop and apply your experience with spreadsheets, databases, and statistical software to prepare and analyze data for profitability analysis and other diverse applications;
  • Learn to communicate actuarial concepts to others both verbally and in writing;
  • Respond to requests of internal and external stakeholders with support from senior staff

JOB REQUIREMENTS

  • University degree; preference given to candidates with mathematics and statistics degrees
  • Must have completed 2 exams of the Casualty Actuarial Society;
  • Must have excellent communication and organizational skills

TECHNICAL COMPETENCIES

  • Must possess strong programming skills, including efficient use of Microsoft applications (Excel, Access, VBA, etc);
  • Knowledge of SAS, Emblem, Radar an asset
  • Preference will be given to candidates with GLM experience




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