About

• CoreFactor is searching for an Actuarial Specialist for a client in the GTA.

• This is a full-time/permanent role with a hybrid work environment, requiring the successful incumbent to go into the office 3 days per week.

• This role can be located out of the clients Toronto, Kitchener/Waterloo or Montreal office.

Overview

• Responsibilities include analysis pertaining to rate adequacy, including analysis of loss and premium trends, development of rating structures using mutli-variate actuarial models and research and development of emerging technologies. Support is provided to product development in personal insurance.

• The Role
• Work collaboratively with management to expand and build on project plans for complex projects and provide technical leadership on emerging actuarial issues.
• Combine creative actuarial knowledge with sound business judgment in developing sophisticated models that assist the company in meeting growth and profitability targets.
• Communicate actuarial concepts and be persuasive in providing recommendations to internal and external stakeholders.
• Recommend new approaches to analysis related to measuring, tracking and monitoring company and industry performance.
• Identify opportunities for process efficiencies across business areas.
• Perform peer reviews on the technical and qualitative analysis of peers.

• Requirements
• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field
• At a minimum, must have attained associateship in the Casualty Actuarial Society (ACAS)
• At least 5 years of relevant full time experience with a preference for individuals who have experience across a range of actuarial disciplines.
• Must have excellent communication and organizational skills.
• Excellent analytical and problem-solving skills
• Solid knowledge of insurance products, pricing methodologies, and industry best practices
• Ability to work independently and collaborate with cross-functional teams
• Results-driven mindset with a focus on driving business performance
• Proficiency in actuarial software and programming languages (Excel, VBA, SQL, etc.)