Actuarial Analyst

Gore Mutual Insurance•Toronto, ON

2d•Hybrid

About The Position

At Gore Mutual, we’ve always set ourselves apart as a modern mutual that does good. Now, we’re proudly building on that legacy to transform our company—and our industry—for the better. Effective January 1, 2026, Gore has joined Beneva—the country’s largest mutual insurance company—as part of its Property & Casualty operations in Ontario and Western Canada. During 2026, Gore will combine its operations with Unica Insurance, Beneva’s Ontario-based subsidiary specializing in niche commercial and personal insurance, creating a stronger, more diversified mutual insurer with greater scale and long-term stability. Every decision and investment remains anchored in long-term benefits to customers, members, and communities. Come join us. The Actuarial Analyst is responsible for working with other members of the corporate actuarial team to build, create, and help implement reserving models, and other actuarial or predictive analytics solutions.

Requirements

2 CAS exams completed
1 year+ working experience in P&C Insurance (could be through Co-op or Full-time)
1 year+ working experience in Life Insurance (could be through Co-op or Full-time)
Highly analytical and eager to learn
Ability to work with data
Solid technical knowledge and programming skills with experience using modern predictive modelling techniques (i.e. GLM, GAM, GBM) and creating models from scratch
Excellent analytical, quantitative and critical thinking skills, with the ability to conduct detailed analysis of information, and implement best solutions in a timely manner

Nice To Haves

Working knowledge of IFRS17, FCT, Reinsurance, Economic Capital Modelling, Planning preferred

Responsibilities

Responsible for understanding what the data means, and possesses the ability to “clean” it as required
Collecting, cleaning and validating data for accuracy and consistency
Data handling, manipulation and analysis to draw meaningful insights for business purposes
Prepare regular reports and dashboards for internal stakeholders
Responsible for building initial models for relatively simple problems (i.e. auto physical damage Actual vs Expected)
Running standard actuarial calculations
Support stress testing and scenario analysis
Work with a mentor to learn and improve on their model
The Actuarial Analyst will make serious attempts at progressing through the CAS exams
Performing other duties such as project-specific required research
Supporting financial reporting for regulatory compliance including quarterly/annual statements, reserves, capital requirements