Corporate Actuarial Advanced Analytics

Company: CGIC
Department: Corporate Actuarial Services
Employment Type: Regular Full-Time 
Work Model: Hybrid
Language: This role operates in English.
Additional Information: This/these role(s) is/are currently vacant

The Opportunity:

We are a leading Canadian financial services co-operative committed to being a catalyst for a sustainable and resilient society, and our team is essential to deliver on this strategy. That’s why we prioritize our people, to ensure we provide a strong culture and development opportunities, which enables our team to thrive and to live our purpose. The best part is that you will work with people who care passionately about you, our clients, and our communities.

As a Senior Actuarial Analyst on the Corporate Actuarial Advanced Analytics team, you will have the exciting opportunity to work on advanced analytics projects while collaborating closely with business partners in Claims, Reserving, and Reinsurance functions.

How you will create impact:

• Collaborate with partners in Business Intelligence, Reserving, and Claims to develop, validate, and monitor machine learning models used for claims-level reserving, as well as model applications.
• Develop and enhance KPIs used to understand model health and evaluating business initiatives from both technical and business perspectives.
• Model and analyze catastrophe exposure while providing data and analytics support to Corporate Reinsurance team.
• Communicate actuarial concepts to business partners and maintain documentation of key actuarial functions.
• Improve existing actuarial practices and procedures in alignment with emerging trends and best practices in the insurance industry and actuarial landscape.

How you will succeed:

• You have an innovative mindset to improve operational efficiencies and the ability to influence change, with a primary focus on client needs.  
• You use critical thinking skills to recognize assumptions, evaluate arguments, draw conclusions, and proactively propose solutions.
• You have strong communication skills to clearly convey messages and explore diverse points of view. 
• You build trusting relationships and provide guidance to support the development of colleagues.

To join our team: 

• You have a post-secondary degree in Mathematics, Actuarial Science, or related discipline.
• You have at least 2-3 years of experience working in the P&C insurance industry.
• You have hands-on experience working on actuarial projects. 
• Working knowledge of predictive modelling software, programming languages (R, Python, SQL, VBA), and Microsoft Office is an asset.
• Working knowledge of catastrophe modelling software is an asset.
• Reserving and/or reinsurance experience is an asset.
• Having or working towards the ACAS or FCAS designation(s) is an asset.
• Excellent written and verbal communication skills.

What’s in it for you?

• Training and development opportunities to grow your career.

• Flexible work options and paid time off to support your personal and family needs.

• A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture.

• Paid volunteer days to give back to your community.

• In addition to our competitive salary and incentive programs, eligible employees also benefit from a comprehensive total rewards package including group retirement savings plans, pension and benefits (e.g., health and wellness, dental, disability and life coverage), mental health support and an employee assistance program.