Job Description

Company: CGIC
Department: Commercial and Farm Pricing
Employment Type: Regular Full-Time
Work Model: Hybrid (2 days in office)
Language: English is required, French is an asset.
Additional Information: This/these role(s) is/are currently vacant

The Opportunity:

We are a leading Canadian financial services co-operative committed to being a catalyst for a sustainable and resilient society and our team is essential to deliver on this strategy. That’s why we prioritize our people, to ensure we provide a strong culture and development opportunities which enables our team to thrive and to live our purpose. The best part is that you will work with people that care passionately about you, our clients and our communities.

Our Farm & Commercial insurance team aspires to be the industry leader by meeting the evolving needs of Canadian businesses and farm operations. Our passionate team is committed to enhancing the client experience and delivering operational efficiencies by investing in leading edge technology and leveraging analytics to achieve strategic objectives.

As the Senior Actuarial Consultant, Pricing Lead, you will collaborate with business partners to understand their needs and lead complex pricing projects to deliver unique solutions, ensuring the profitability of the property and casualty (P&C) lines of business. You will be required to understand the implications of any proposed changes to the various business units, presenting them with recommendations regarding the pace of the changes and assisting with the implementation of pricing solutions. You will be required to possess a broad level of technical expertise that will enable you to influence leadership in developing the team’s strategy and roadmap. You will support coaching and mentoring activities within the team, promoting engagement through the fostering of a positive and respectful working environment.

How you will create impact:

• Leading and executing rate change projects and the development of various actuarial models.
• Providing expertise on various databases, programming languages and modeling softwares to contribute to Actuarial strategic objectives.
• Cultivating relationships with business partners, analyzing their needs and designing innovative solutions for their complex challenges.
• Identifying actuarial requirements and assisting the Rating Systems team in the implementation of pricing solutions.
• Providing input to the Pricing leadership team, assisting in the development of the team’s strategy and roadmap, for the line of business.
• Providing coaching, guidance, and consistent feedback to indirect reports.
• Supporting the department in offering a “best-in-class”, professional work environment where learning, sharing knowledge and innovation are valued.

How you will succeed:

• You have an innovative mindset to improve operational efficiencies and ability to influence change, with a primary focus on client needs.    
• You use critical thinking skills to recognize assumptions, evaluate arguments, draw conclusions and proactively propose solutions.  
• You have strong communication skills to clearly convey messages and explore diverse points of view. 
• You build trusting relationships and provide guidance to support the development of colleagues.  

To join our team:

• You have five years of relevant experience in the property and casualty actuarial field.
• You have a post-secondary degree in actuarial science, Mathematics, Statistics, or a related discipline.
• You have expert knowledge of actuarial pricing principles, concepts and theories needed, along with a basic understanding of corporate actuarial concepts relevant to pricing (ex. capital allocation, reinsurance, etc.)
• You have the ability to identify and resolve moderately complex business problems.
• You possess an analytical mindset with sound judgment, allowing decision-making in design, testing and reconciling to fit the business need, with resources available, determining long-term impacts and efficiencies.
• Having or willing to complete the ACAS or FCAS designations would be an asset.
• This position primarily works with majority non-francophone groups, and teams located outside of Québec, and requires proficiency in English. The essential non-French duties are not assignable to adjacent or other team members. 

What you need to know:

• You will be subject to a Background check as a condition of employment, in the event you are the successful candidate.

What’s in it for you?

• Training and development opportunities to grow your career.
• Flexible work options and paid time off to support your personal and family needs.
• A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture.
• Paid volunteer days to give back to your community.
• In addition to our competitive salary and incentive programs, eligible employees also benefit from a comprehensive total rewards package including group retirement savings plans, pension and benefits (e.g., health and wellness, dental, disability and life coverage), mental health support and an employee assistance program.

#LI-DNI

Expected salary range $104,717 - $154,700+.

The salary amount for the successful candidate is determined by Co-operators in its discretion and will vary depending on several criteria including but not limited to: local market conditions, geography and relevant job-related factors such as knowledge, skills, qualification, experience and education.​

Employees may also have the opportunity to participate in incentive programs and earn additional compensation tied to individual and/or business performance, or other business metrics.