Senior Actuarial Analyst, Reserving

Job Code: 9864
Location: Waterloo, ON
Department: Corporate Actuarial
# of openings: 3
Job Type: Full Time
Closing Date: 30/09/19


Reporting to the Manager, Reserving & Financial Reporting, you are responsible for the valuation and reporting of policy liabilities, reporting on claim trends and supporting other departments such as Pricing, Finance and Risk Management by providing input on claims experience and related financial trends.


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.

** This position is available to candidates located in Waterloo or Toronto **

In this role, you will:

  • Support corporate actuarial operations as they relate to underwriting, claims handling and financial reporting

Your Responsibilities

  • Compile and categorize data from spreadsheets, databases and statistical software for valuation and related analyses
  • Communicate actuarial concepts and make recommendations to Management both verbally and in writing with supporting documentation
  • Produce various data exhibits and analyses related to measuring, tracking and monitoring company and industry performance
  • Independently respond to routine requests from internal and external stakeholders related to standard reports and processes
  • Perform peer reviews on the technical and qualitative analysis of peers and junior staff

Your Skills and Experience

  • University degree in any one of the following programs: Actuarial Sciences, Mathematics, Statistics
  • Completion of 4-6 exams of the Casualty Actuarial Society
  • Must have 2-5 years of relevant experience, preferably in reserving
  • Excellent communication and organizational skills
  • Able to perform well in a busy operation and remain calm under pressure
  • Team player, adaptable to a changing and fast-paced environment

At Economical, we all work together to come up with big ideas — then bring them to life. We focus on our customers first, we bring our best, and we’re stronger together. If you’ve got the passion and the desire to help us reinvent insurance, let’s talk.

We’re looking for candidates who are on top of their game. Find out what it’s like to work at Economical:


To complete the online application process, you’ll need to upload your resume before you apply for the role you’re interested in. Please note that only one document can be uploaded, so be sure to combine your resume and cover letter.

We are committed to providing an inclusive work environment that welcomes diversity and supports accessibility across the organization. If you require accommodation at any time during the recruitment process, please let us know by contacting:

Visit to learn more about us and what we’re up to.

Economical Insurance includes the following companies: Economical Mutual Insurance Company, The Missisquoi Insurance Company, Perth Insurance Company, Waterloo Insurance Company, Family Insurance Solutions Inc., Sonnet Insurance Company, Petline Insurance Company.

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