Desjardins
Job title:
Actuarial Analyst, Ratemaking
Company
Desjardins
Job description
Do you have good analytical skills? Is there no limit to your curiosity when it comes to innovation? Come innovate and change the world of insurance with us! A world in constant change. Be part of the journey! The Ontario Auto Ratemaking Team is looking for a candidate to join it as an Actuarial Analyst. This team is responsible for designing rating algorithms for this market and ensuring its profitability. Are you interested in working with a group of talented actuaries in an environment that fosters growth and development? Then you may be the one we are looking for! More specifically, you will be required to:Contribute to developing an optimal pricing strategy based on claim cost models, behavioural models and competitive intelligenceSupport the implementation of cutting-edge pricing techniques in an evolving and uncertain regulatory environment in a way that minimizes the adverse impact on Desjardins’ members and clients, and spurs profitable growthUnderstand, help to build and improve the pricing algorithms for our property or auto products using modern modeling techniques (GLM, GBM, etc.)Carry out actuarial analyses by analyzing data (indications, filings, competitive analysis), make appropriate assumptions, communicate results to the stakeholders (management, stakeholders, other teams) and make recommendations in a fast-paced environmentProduce and analyze reports that monitor the evolving trends in the book of business and recommend rating and underwriting actions based on observationsPerform ad-hoc quick or deep-dive analyses using the latest machine learning techniques (decision trees, clustering etc.)Contribute to improving the RSP cession strategyContribute to completion and submission of regulatory rate filingsWhat we offer*Competitive salary and annual bonus4 weeks of flexible vacation starting in the first yearDefined benefit pension plan that provides predictable, stable income throughout retirementGroup insurance including telemedicineReimbursement of health and wellness expenses and telework equipment
- Benefits apply based on eligibility criteria.
What you bring to the tableBachelor degree in Actuarial Science, Mathematics, Statistics or a related fieldA minimum of two years of relevant experiencePlease note that other combinations of qualifications and relevant experience may be consideredKnowledge of French is required for positions in QuebecAdvanced proficiency of English due to the nature of the duties or work tools or because the position involves interactions with English-speaking partners, members and/or clientsKnowledge of the P&C insurance market and completion of some actuarial examsMicrosoft Office Suite, SAS, VBA, R Action oriented, Business insight, Complexity, Customer Focus, Differences, Nimble learning#LI-HybridTrade Union (If applicable)At Desjardins, we believe in equity, diversity and inclusion. We’re committed to welcoming, respecting and valuing people for who they are as individuals, learning from their differences, embracing their uniqueness, and providing a positive workplace for all. At Desjardins, we have zero tolerance for discrimination of any kind. We believe our teams should reflect the diversity of the members, clients and communities we serve.If there’s something we can do to help make the recruitment process or the job you’re applying for more accessible, let us know. We can provide accommodations at any stage in the recruitment process. Just ask!Job Family Actuarial Services (FG)Unposting Date 2025-01-6
Expected salary
Location
Toronto, ON
Job date
Wed, 18 Dec 2024 06:50:16 GMT
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