Senior Actuarial Analyst

Job ID: 10513

Employment Type: Existing Role

Work Environment: We offer a hybrid work environment that offers flexibility to our employees in balancing in-office (2 days per week OR 15 hours per week in a Wawanesa office) and remote work. You may work from any of the following locations: Winnipeg, MB; Wawanesa, MB; Vancouver, BC; Calgary, AB; Edmonton, AB; Lethbridge, AB; Toronto (North York), ON; Kitchener, ON; Ottawa, ON; Montreal, QC; Quebec City, QC, Moncton, NB; Dartmouth; NS.

Working Business Language: English: this role is considered a head-office role and will be required to communicate with internal stakeholders across Canada where the primary business language utilized is English.

Salary: At Wawanesa, salary is only one component of a holistic, comprehensive and competitive offering that we provide to our employees. In addition to salary, full-time and part-time permanent employees are eligible for an annual bonus plan, leave of absence top-up programs and provided with generous vacation time, personal days, premium free benefits and pension plan.

The salary offered for this role is determined with consideration to various factors, including but not limited to: your work location, local labour market conditions, external market salary data, internal pay equity and the knowledge, skills, experience and anticipated proficiency in the role. The salary offered is estimated to be within the following range: $100,000 - $150,000. Candidates with salary expectations outside of the range are still encouraged to apply.

About The Wawanesa Mutual Insurance Company
Founded in 1896, The Wawanesa Mutual Insurance Company is one of Canada’s largest mutual insurers, fully owned by its more than 1.8 million members. Headquartered in Winnipeg, Wawanesa is the parent company of WSI™, a specialty insurer delivering tailored solutions built around unique needs; Wawanesa Life, a provider of life insurance products; and Western Financial Group, a leading national distributor of personal and commercial insurance.

Wawanesa is committed to helping communities thrive in a changing world. The company invests more than $4 million annually in charitable initiatives, including $2.5 million each year to support people and communities on the front lines of climate change. Learn more at wawanesa.com.

We are currently seeking dedicated, driven, and enthusiastic individuals who thrive in a dynamic environment, embrace change, and are eager to gain diverse experience while advancing their careers as part of a growing team.

Job Overview

As a member of Reserving Excellence, your focus will be on improving the sophistication of our actuarial financial reporting through process enhancements, automation, data manipulation, new reporting capabilities, and advancement of our reserving techniques. Your focus will be to autonomously lead data-driven initiatives that enable new processes and efficiencies, while regularly communicating results to key stakeholders. Ongoing assessment of our best practices and methods is an important part of the role to support our core Reserving function and the broader Corporate Actuarial team. Providing contributions to the actuarial group based on your knowledge from the actuarial exam system, as well as your prior relevant academic and work experience is expected. You will be a mentor and coach for actuarial analysts while working through complex analysis in the pursuit of solving business issues and answering business questions.

We are open to three levels: Senior Actuarial Analyst, Actuarial Consultant, or Senior Actuarial Consultant level.

Job Responsibilities

• Researches, extracts, and manipulates complex data from relevant sources, and assesses data quality.
• Supports the business and overall team by performing analyses/reviews and completing ad-hoc requests/special projects in a timely manner with minimal support from peers and leaders.
• Automates data pipelines joining data from multiple data systems to streamline reporting and analysis.
• Identifies opportunities for automation of routine tasks and implementation of advanced techniques while ensuring ethical and responsible application of solutions.
• Develops new approaches to problem solving and assess impacts of solution options with minimal support from leaders.
• Evaluates existing procedures and processes, and recommends alternatives or improvements that maximize efficiency.
• Provides regular project updates to stakeholders. Anticipates obstacles and raises them in advance.
• Ability to understand stakeholder needs, and proposes solutions that maximize stakeholder value.
• Leads projects from beginning to end. Includes solutioning, scope, analysis and proper implementation of final product.
• Builds trust and credibility with peers. Develops strong working relationships across teams.
• Identifies emerging industry trends and analyzes the impact they will have on Wawanesa.
• Encouraged to represent Wawanesa at external events that may include universities, actuarial clubs, industry organizations, and charitable causes.
• Actively contributes to the mentorship, training and development of actuarial analysts.
• Provides feedback, instruction, and development guidance to help others excel in their current or future job responsibilities.
• Commits to professional development and continuous experiential learning to build cross-functional knowledge, technical skills, and mastery in competencies.
• Focuses learning activities on bringing new knowledge and skills to team in order to address any existing gaps.

Qualifications

• Advanced knowledge of actuarial science, mathematics, probability, statistics, principles of finance and business, and strong ability to apply this knowledge to problems in insurance.
• Ability to develop efficient and viable solutions to problems and assess impacts of these solution options.
• Advanced proficiency with SQL and R, and/or other related programming languages.
• Advanced proficiency in Excel and Power BI and/or equivalent.
• Advanced proficiency in Akur8 Arius reserving software and/or equivalent.
• Proficiency in AWS with the ability to easily adapt to new enterprise system environments.
• Effective communicator with proven skills to present, teach, and persuade.
• Works well in a team setting, contributes to team spirit and shared objectives.
• Adapt at supporting and mentoring colleagues.
• Works openly and transparently in collaboration with business partners.
• Shows strong initiative, autonomy, and a desire to win.
• Post-secondary degree in Actuarial Science, Mathematics, Statistics, or other related discipline.
• More than four years of actuarial experience.
• Associate of the Casualty Actuarial Society or equivalent

#LI-AF1 #LI-Hybrid

Diversity Equity, Inclusion & Belonging

At Wawanesa, we are committed to Diversity, Equity, Inclusion and Belonging (DEIB) and believe that our strength lies in the diversity of our people – this is supported by having a representative workforce.

We welcome applications from all qualified candidates, including racialized persons, women, Indigenous Peoples, persons with disabilities, members of the 2SLGBTQIA+ community, gender-diverse and neurodiverse individuals, and anyone who can contribute to the further diversification of thought and ideas.

We aim to ensure our recruitment process is accessible to all candidates. If you require accommodations during any stage of the recruitment process, please reach out in confidence to [email protected].

All Wawanesa job applicants are subject to Wawanesa's Privacy Policy.

Please note that the recruitment process for this position may involve the use of AI tools to screen, assess, or select applicants. All final decisions are taken or reviewed by human recruiters and human hiring leaders in compliance with all applicable legislation.