Support the end-to-end management of the residential insurance products suite, monitoring performance, identifying areas of opportunity, developing recommendations and driving changes to achieve business and financial objectives.
Develop an in-depth understanding of residential products and a solid understanding of customer segments, customer needs, competitive landscape and trends in the General Insurance industry to assist in identifying new business opportunities.
Conduct comprehensive data analysis to gain insights into trends affecting current product offerings and effectively communicate the findings.
Compile key performance metrics as needed.
Evaluate the potential effects of proposed product changes on customers, operations, and financial performance through analysis of key business drivers, create business cases and provide recommendations.
Develop and maintain production and validation processes for data, models and/or tools.
Understand and be able to speak about actuarial concepts such as premium adequacy, rating algorithms, factors, classification inputs
Collaborate with multiple stakeholders to ensure the product meets customers, business and regulatory objectives and standards with the ability to speak about both the actuarial and operational aspects.
Maintain a culture of risk management and control, supported by effective processes and guidelines in alignment with risk appetite.
Contribute to a fair, positive and equitable environment that supports a diverse workforce
Act as a brand champion for your business area/function and the bank, both internally and/or externally

Requirements

Three to five years of actuarial experience in Property & Casualty
Bachelor degree in Actuarial Sciences or related field
Acquired or working towards Associateship with the Casualty Actuarial Society, Canadian Institute of Actuaries or equivalent
Excellent knowledge of Excel
Proficiency and interest for programming, notably SQL, VBA, R, Python
Advanced analytical, decision-making and problem-solving skills
Client-focused and aptitude for teamwork with solid organizational and communications skills
Autonomous and perseverant; shows initiative and creativity in their work
Recognized for their thoroughness and the quality of their work.

Benefits

health and well-being benefits
savings and retirement programs
paid time off
banking benefits and discounts
career development
reward and recognition programs

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills

actuarial experiencedata analysispremium adequacyrating algorithmsbusiness case developmentkey performance metricsprogrammingSQLVBARPython

Soft skills

analytical skillsdecision-makingproblem-solvingclient-focusedteamworkorganizational skillscommunication skillsautonomousinitiativecreativity

Certifications

Bachelor degree in Actuarial SciencesAssociateship with the Casualty Actuarial SocietyCanadian Institute of Actuaries