Corporate Actuarial Analyst, Special Projects team - Fall 2026 Co-op/Intern

Definity Insurance Company • Waterloo, ON

15d • Hybrid

About The Position

This co-op placement offers rewarding work and real-life experience at Definity. The role involves contributing to projects in reserving, financial planning, and economic capital modelling using state-of-the-art models and innovative approaches. The intern will develop deep knowledge of actuarial operations and the insurance business, including predictive modelling, underwriting, claims handling, product development, reserving, estimation of policy liabilities, planning and/or forecasting.

Requirements

• Currently enrolled in a university degree program in Actuarial Science, Mathematics, Statistics, or another relevant discipline and still actively enrolled until at least January 2027.
• Strong programming skills, including knowledge of Python and/or SQL, and efficient use of Microsoft applications (Excel, VBA, etc.).
• Excellent problem-solving, communication, and organizational skills.
• Demonstrated ability to learn new concepts, tools, and technologies quickly.
• Strong attention to detail and ability to manage multiple priorities in a fast-paced environment.
• Successful clearance of a background check (including criminal checks and leadership references).

Nice To Haves

• Previous experience with data analysis, data visualization, or automation projects is considered an asset.

Responsibilities

• Develop and apply experience with spreadsheets, databases, and statistical software to prepare and analyze data for profitability analysis and other diverse applications.
• Interpret and use results of new and innovative modelling techniques and analytics to drive business decisions.
• Produce various data exhibits and analyses to measure, track, and monitor company and industry performance.
• Communicate actuarial concepts both verbally and in writing.
• Respond to requests from internal and external stakeholders with support from more senior staff.

Benefits

• Flexible work experience
• Opportunities to support personal and professional growth
• Leadership Essentials program
• Employee groups focused on women's empowerment, LGBTQ+, anti-racism and cultural equity, and environmental activism

What This Job Offers

• Career Level: Intern
• Education Level: Associate degree