Junior Actuarial Analyst
|# of openings:||1|
|Job Type:||Full Time|
If you are looking for a challenging new opportunity to develop your actuarial skillset within a strong culture of innovation, consider joining our actuarial teams at Economical Insurance, including our direct arm, Sonnet. 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
This role is available at any one of the following locations: Toronto, Waterloo or Montreal.
Reporting to a Manager within Product, Pricing & Analytics or Corporate Actuarial, you will have responsibilities in one of three areas: Pricing, Advanced Analytics or Corporate Actuarial.
Pricing Analysts are responsible for analysis pertaining to rate adequacy and segmentation, including development of rating structures using multivariate actuarial models and determination of overall rate level. This opportunity presents exposure to rating and product development work both in personal and commercial insurance.
Advanced Analytics Analysts develop statistical models based on socio-demographic, financial and policyholder data in support of stakeholders in a variety of business units, such as Sales, Marketing, and Claims. Advanced Analytics also researches new and innovative data sources and modelling techniques.
Corporate Actuarial Analysts are responsible for the valuation of policy liabilities, reviewing the company’s overall financial condition (DCAT), and supporting the corporate planning, risk management, and demutualization processes. Corporate Actuarial is also responsible for the development of stochastic economical capital models used to assist management in estimating the company’s capital requirements in aggregate and at the business segment level.
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