Senior Actuarial Analyst

Unica - Beneva•Mississauga, ON

11d•Hybrid

About The Position

As the Actuarial Analyst, you will support the objectives of the business using advanced analytics and teamwork. Reporting to the Director of Pricing and Underwriting, you will work as an ambassador of the Commercial Pricing unit at Mississauga’s office being the link between local Business unit and the unit based in Quebec City. Strong leadership, communication and dissemination skills are of utmost importance.

Requirements

University / College degree in Actuarial Sciences
Must have successfully completed a minimum of 2 CAS exams
Property & Casualty experience
Must have 3 years of actuarial pricing experience, with a preference for individuals who have experience with Commercial pricing
Must possess strong programming skills, including knowledge of SAS/R and efficient use of Microsoft applications (Excel, PowerPoint, etc.)

Nice To Haves

Knowledge of French (verbal and written) considered an asset

Responsibilities

Perform actuarial analysis for commercial risks.
Seek creative solutions to business problems utilizing statistical modeling techniques and business knowledge
Effectively gather and compile data required to solve business problems of the following nature: retention, growth, profitability and competitive positioning
Work closely with business unit and corporate underwriting to seek input for implementing new rating structures or changes to current rating algorithm
Provide technical support within unit to non-actuarial staff
Present & interpret rate indications for relevant products and provinces to non-technical audiences
Conduct and organize meetings with business units on project follow-up and soliciting business input to help establish business needs and translate it into IT requirements
Develop and maintain tracking reports to measure the level of success of new rating structures.
Fine tune new rating structures based on tracking and feedback from business
May develop reports needed by senior management and underwriting to monitor progress in improving profitability and implementation of business