Actuarial Associate - Ind Pricing
About The Position
At Equitable, we believe work should be a place where you feel supported, inspired, and empowered to grow. In our caring and collaborative environment, your curiosity is encouraged, your passion is recognized, and your contributions truly matter. Together, we create meaningful impact, for our clients, our communities, and each other. We’re a Canadian mutual company driven by purpose - putting people first and helping Canadians protect today and prepare for tomorrow. If you’re passionate about making a difference and growing your career in an inclusive and collaborative environment, we’d love to hear from you. Our culture is built on care, passion and curiosity. We put people above all else, strive to be our best and welcome new ideas to deliver positive outcomes. We’re seeking an Actuarial Associate to join our Individual Pricing team as part of our Actuarial Student Program. This role offers the opportunity to contribute directly to the development and pricing of Individual life and health products while gaining hands-on experience in a dynamic and collaborative environment. Equitable provides an excellent opportunity for actuaries of all levels to develop a broad skill set and offers them the experience of working on a variety of actuarial topics. Through offering development opportunities, job rotations, compensation increases and SOA exam support, the Actuarial Student Program at Equitable Life aims to build strong actuarial talent. Equitable Life has been one of the fastest growing life insurance companies in Canada and the continued success of the company relies on strength of its people. Join one of the region’s top employers and be part of something that truly makes a difference.
Requirements
- A bachelor’s or master’s degree in actuarial science, mathematics, statistics, or a related field
- Completion of preliminary actuarial exams and VEE credits
- Strong technical skills, including advanced Excel
- Strong analytical and problem-solving skills with attention to detail
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment
- Effective communication skills, both written and verbal, with the ability to explain complex concepts clearly
Nice To Haves
- ASA/ACIA preferred
- knowledge of SQL, VBA, or Python is an asset
- Prior experience with ProductXpress (PX) is an asset
- Exposure to actuarial software (e.g., AXIS) and familiarity with Individual life products are assets
Responsibilities
- Support the development and maintenance of Illustration Calculations in ProductXpress (PX)
- Support the design, pricing, and ongoing management of Individual life and health products (e.g., Universal Life, Term, Participating, and Critical Illness)
- Assist in profitability analysis and monitoring of existing products, providing insights and recommendations under guidance
- Contribute to experience studies to assess assumptions and inform pricing decisions
- Assist in the preparation of actuarial reports and analyses on a monthly, quarterly, and annual basis
- Support the maintenance and enhancement of pricing models and actuarial tools
- Collaborate with business partners to support product development, illustration systems, and sales processes
- Contribute to special projects and process improvement initiatives within the Individual Pricing team.
Benefits
- Incentive pay
- annual salary reviews
- employer-paid benefits
- pension matching
- Competitive vacation
- one paid volunteer day each year
- Healthy work-life balance
- employee wellness always top of mind
- a “dress for your day” approach
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
Associate degree
