Work is a big part of our lives, so it makes sense to choose a company that offers truly rewarding work. At Economical Insurance®, your contributions, creativity, and energy won’t go to waste. Our passionate culture and pioneering mentality infuse everything we do, which is why our one-million-plus policyholders know we’ll protect their homes, businesses, farms, cars, and pets like they’re our own.
We’re not afraid to see how far we can push the envelope to make insurance better. Our family of companies includes Sonnet, the only Canadian home and auto insurer offering a fully online buying experience, and Petline, the largest Canadian pet insurance company. We’re also preparing to become a publicly traded company, a once-in-a-lifetime career opportunity for everyone who joins our team.
If you’re looking for a company that takes care of its people — and its customers — and has a track record of doing big things, get ready to love it here.
What can you expect in this role?
Reporting to the Pricing Manager, your responsibilities include contributions to pricing projects using state of the art actuarial models and innovative approaches as well as the coaching and mentoring of less experienced analysts. Projects are varied and include development of rating structures and monitoring/reporting on overall rate adequacy. In this role, you will have exposure to rating and product development work in both personal auto and personal property lines, with valuable project leadership opportunities and career development potential.
Develop knowledge of actuarial operations and the insurance business, including predictive modeling, underwriting, claims handling, and product development
Develop and apply your experience with database and predictive modeling software to prepare and analyze data for profitability analysis and other diverse applications
Effectively manage timelines for independent projects and analysis
Communicate actuarial concepts and make recommendations to management both verbally and in writing with supporting documentation
Measure, track, and monitor company and industry performance
Respond to requests of internal and external stakeholders
Identify opportunities for process efficiencies across business areas
Perform peer reviews on the technical and qualitative analysis of peers
What do you bring to the role?
Must have completed a minimum of 6 exams of the Casualty Actuarial Society
Must have 4 to 7 years of relevant full time experience
Must have excellent communication and organizational skills
Must possess strong programming skills, including knowledge of SAS and efficient use of Microsoft applications (Excel, Access, VBA, etc.)
We also take potential into consideration. If you don’t have this exact experience, but you know you have what it takes, be sure to give us more insight through your application and cover letter.
Go ahead and expect a lot — you deserve it.
Competitive salaries, with potential for an annual raise and bonus
Pension and savings programs, with company-matched RRSP contributions
Generous time away, including vacation and personal needs days
Paid volunteer days and company matching on charitable donations
Educational resources, tuition assistance, and paid time off to study for exams
Two annual wellness campaigns — participants earn up to $300 each year to spend on almost anything supporting health and work-life balance (think things like spa days, daycare, pet grooming)