Job Opportunities Manager, Actuarial Pricing (Alberta Auto)
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Monthly Salary:
Posted on:
22 hours ago
Vacancies:
1 Vacancy
Job Summary
Job ID:9570
Working Business Language: This role is considered a head-office role and will be required to communicate with internal and external stakeholders across Canada where the primary business language for this role is such the successful candidate must be fully proficient in English.
Salary: At Wawanesa salary is only one component of a holistic comprehensive and competitive offering that we provide to our addition to salary full-time and part-time permanent employees are eligible for an annual bonus plan leave of absence top-up programs and provided with generous vacation time personal days premium free benefits and pension plan.
The salary offered for this role is determined with consideration to various factors including but not limited to: your work location local labour market conditions external market salary data internal pay equity and the knowledge skills experience and anticipated proficiency in the role. The salary offered is estimated to be within the following range: $140000- $160000. Candidates with salary expectations outside of the range are still encouraged to apply.
About Us
At Wawanesa were proud to offer a hybrid work environment that offers flexibility to our employees in balancing in-office (2 days per week OR 15 hours per week in a Wawanesa office) and remote work.You may work from any of the following locations: Winnipeg MB; Wawanesa MB; Vancouver BC; Calgary AB; Edmonton AB; Lethbridge AB; Toronto (North York) ON; Kitchener ON; Ottawa ON; Montreal QC; Moncton NB; Dartmouth; NS.
The Wawanesa Mutual Insurance Company (Wawanesa Mutual) founded in 1896 is one of Canadas largest mutual insurers with over $3.5 billion in annual revenue and assets of $10 billion (CAD). Wawanesa Mutual with its National Headquarters in Winnipeg is the parent company of Wawanesa Life which provides life insurance products and services throughout Canada and Western Financial Group which distributes personal and business insurance across Canada. Wawanesa proudly serves more than 1.7 million members in Canada and we are home to more than 3600 employees distributed across the Canadian regions and communities where we operate. We give back to organizations that strengthen communities donating more than $3.5 million annually to charitable organizations including over $2 million annually in support of people on the front lines of climate change. To learn more visit .
We are currently looking for dedicated driven and enthusiastic individuals who thrive in an environment that welcomes change and are looking for an opportunity for diverse experience and advancement on a growing team.
Job Overview
This role is a critical driver of both profitability and growth in a key product segment for Wawanesa by driving increasingly sophisticated pricing plans advanced analytics and insights. Fast paced with data driven curiosity this role is a key contributor to advancing pricing sophistication. Business understanding and knowledge of the changing regulatory environment along with actuarial expertise will drive you to lead key pricing initiatives that collaborate with functions ranging from product design and business development to claims and advanced analytics all to achieve strategic goals.
Job Responsibilities
- Develop and maintain rating structures and rates inclusive of soliciting input from multiple areas of the company.
- Provide oversight of actuarial analysis of insurance rates rating procedures and rating plans.
- Prepare necessary regulatory filings ensuring the actuarial practices are consistent with accepted actuarial practice and correctly applied.
- Assist with the implementation of approved refinements to current risk classification systems (rating plans) pricing models and ratemaking methodologies as appropriate to meet the organizational objectives.
- Work with multiple areas of the company to identify profitable markets and design appropriate products.
- Remain up to date on current accepted methodologies and new emerging methodologies in insurance pricing.
- Ensure procedures are in place to collect the relevant data necessary for the pricing process and verify its availability completeness and accuracy.
- Monitor the companys insurance portfolio relating to changes in mix of business retentions current/prospective profitability etc. and report to management as necessary.
- Maintain statistical databases necessary for product pricing and product development.
- Ensure required regulatory reporting for pricing activity is carried out.
- Manage performance of direct reports inclusive of providing professional and technical guidance and provide regular performance reviews.
- Play an active role in the interpretation of data and statistical studies in the pricing area.
- Develop and maintain appropriate relationships with regulators and professional associations.
- Perform other duties as assigned handling special projects as assigned by Vice President Actuarial Pricing.
Qualifications
- Undergraduate university degree in Actuarial Mathematics Statistics Mathematics or other related field of study.
- Fellow of the Casualty Actuarial Society an asset.
- Extensive knowledge of current insurance pricing techniques.
- Extensive knowledge of the Property Casualty insurance industry and insurance operations in general.
- Excellent communication skills both written and verbal.
- Excellent analytical and problem solving skills with the ability to understand context and its impact on all issues
- Identifies when something needs to be done and initiates action as required.
- Adapts to change effectively.
- Develops and implements comprehensive plans that bridge complex issues and span across time.
- Strong leadership skills with the ability to develop and communicate a vision.
#LI-AF1 #LI-Hybrid
Wawanesa is proud to be one ofManitobas Top Employers a Kincentric Best Employer in Canada and a Forbes Best Employer in Canada recognizing an exceptional place to work!
Diversity Equity Inclusion& Belonging
At Wawanesa we are committed to Diversity Equity Inclusion and Belonging (DEIB) and believe that our strength lies in the diversity of our people this is supported by having a representative workforce.
We welcome applications from all qualified candidates including racialized persons women Indigenous Peoples persons with disabilities members of the 2SLGBTQIA community gender-diverse and neurodiverse individuals and anyone who can contribute to the further diversification of thought and ideas.
We aim to ensure our recruitment process is accessible to all candidates. If you require accommodations during any stage of the recruitment process please reach out in confidence to .
All Wawanesa job applicants are subject to Wawanesas .
Required Experience:
Manager
Key Skills
- Access
- IT Business Analysis
- Corporate Sales
- E Learning
- Facility Management
- Animal Charity
About Company
Wawanesa Insurance offers affordable rates for homeowners, home, renters, car insurance and more in the U.S. Get a free insurance quote online to see how much you can start saving!
