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Actuarial Analyst (Junior/Intermediate/Senior) Job Opening in Waterloo, ON - The Economical Insurance Group Recruitment 2017

CanadasCareer.com - The Economical Insurance Group is an evergrowing company in Waterloo, ON. To accelerate the development of the continuing business and professional area, in September 2017 The Economical Insurance Group is planning to increase the number of employees and improve existing human resources. The Economical Insurance Group opens job opportunity for Actuarial Analyst (Junior/Intermediate/Senior) located in Waterloo, ON. This option has been opened at the beginning of September 2017 and will be closed on the end of this month. If you're thinking about Actuarial Analyst (Junior/Intermediate/Senior), please read about the conditions and conditions below.


Actuarial Analyst (Junior/Intermediate/Senior) September 2017

The Economical Insurance Group Waterloo, ON

If you are looking for an opportunity to make significant contributions within a strong culture of innovation, consider joining our actuarial pricing team at Economical Insurance , including our direct arm, Sonnet .
**Please note that we also have opportunities available at our Toronto and Montreal offices**
J OB SU M M ARY
Rep o rti n g to the Pricing M a n a g er, y o u w ill b e res p o n si b le f o r ana l y sis p ertain in g t o rate ade qu a c y , inc lud i n g pr o d u cti o n o f ra t e i nd icati o n s and d e v e l o p m ent o f rating s tructu r es us i n g m u lt i - v ar i a te actua r ial mo d els. In this role, you will have exposure to rating and product development work in both personal and commercial insurance.
KEY AC C OU N TAB I L I TIES
Junior Level:
  • Develop knowledge of actuarial operations and the insurance business, including predictive modeling, underwriting, claims handling, and product development;
  • Develop and apply your experience with spreadsheets, databases, and statistical software to prepare and analyze data for profitability analysis and other diverse applications;
  • Learn to communicate actuarial concepts to others both verbally and in writing;
  • Respond to requests of internal and external stakeholders with support from senior staff
Intermediate Level:
  • Develop knowledge of ac t u ar i al o p erat i o n s and t h e i n su r a n ce b u si n ess, including predictive modeling, und er w riti ng , cla i m s h a nd l i ng , a n d pro du ct d e v e l o p m ent;
  • D e v e l o p and a pp ly your e x p erien c e w i th sp r e a d shee t s, d a tabase s , a n d s t atistical s o f t ware to prepare and analyze data for profitability analysis and other diverse applications;
  • C o mm un ic a te ac t u ar i al c o n c epts a n d m a k e r eco m m en d at i o n s t o m a n a g e m e n t b o th v erb a lly and in writi n g w ith su pp o r ti n g d o c u m e n tati o n ;
  • M e as u re, t ra c k, a n d mo n i t o r c o m p a n y and in du st r y per f o r m a n ce;
  • Resp o nd to req u e sts o f i n t e r n al a n d e x t ern a l sta k e h o l d ers;
  • R e v i e w the w o rk o f p e e rs a n d j un i o r s t aff
Senior Level:
  • Develop knowledge of ac t u ar i al o p erat i o n s and t h e i n su r a n ce b u si n ess, including predictive modeling, und er w riti ng , cla i m s h a nd l i ng , a n d pro du ct d e v e l o p m ent;
  • D e v e l o p and a pp ly your e x p erien c e w i th d a tabase s a n d s t atistical s o f t ware to prepare and analyze data for advanced profitability analysis and other diverse applications;
  • C o mm un ic a te ac t u ar i al c o n c epts a n d m a k e r eco m m en d at i o n s t o m a n a g e m e n t b o th v erb a lly and in writi n g w ith su pp o r ti n g d o c u m e n tati o n ;
  • M e as u re, t ra c k, a n d mo n i t o r c o m p a n y and in du st r y per f o r m a n ce;
  • Independently respond to req u e sts o f i n t e r n al a n d e x t ern a l sta k e h o l d ers;
  • Perform technical and qualitative peer reviews and coach/mentor junior staff
J OB REQU I RE M E N TS
  • U n iv e rsi t y deg r e e ; preference given to candidates with mathematics and statistics degrees
  • M u st h a v e c o m p le t ed 2 exams of the Casualty Actuarial Society for junior level, 3-5 exams for intermediate level and 4-6 e x a m s for senior level;
  • M u st h a v e 1-2 years of relevant full-time experience for intermediate level and 2-5 y ears for senior level
  • M u st h a v e e x c ellent c ommun icati o n and o r g a n i z ati o n al skills
TEC HN IC A L C O M P E T E N CI E S
  • M u st p o sse s s s t r o n g p r o g ra m m i n g s k ills, i n cl ud i n g k n o wled g e o f S A S a n d e ff i c i e n t u se o f M ic r o s o f t a pp lica t i o n s ( Ex c el, Ac c ess, VB A , e t c.)
  • Knowledge of SAS, Emblem, Radar an asset
  • Preference will be given to candidates with GLM experience

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