Overview of Position
The Actuarial Analyst/Lead role supports Canada’s biggest ESC client, including various actuarial functions such as pricing, ratemaking, forecasting & experience analysis/reporting. The role contains significant client-facing time; through weekly calls and quarterly business reviews. A unique opportunity to lead the actuarial initiatives with significant exposure to senior leadership. Will have the support of a junior actuary. There may be some travel involved.
They provide advanced analysis to moderately complex, defined tasks & projects. This role recommends and implements techniques which support Assurant operations in achieving its goals related to revenue and profitability targets. The Actuarial Analyst demonstrates the ability to understand direction provided in project deliverables, time management, and development. This role is expected to also participate in the department’s exam and rotational programs, which provides the opportunity to gain experience in numerous areas of the Actuarial organization while also understanding all products included in Assurant’s product suite. The Actuarial Analyst reports to the Supervisor of Actuarial.
What will be my duties and responsibilities in this job?
Owns the process of responding to all internal, external or ad hoc requests for business unit/product line supported with direct guidance from manager
Appropriately analyzes, adds updates, and summarizes existing memorandum templates
Locates and reconciles data from various source systems; ensures accuracy and recognizes adjustments needed for possible data anomalies
Gathers information from different internal departments and complete reports and analysis as directed; understands and develops process flows; incorporate feedback provided for reporting and communications
Identifies system and data inefficiencies; provide recommendations to resolve
Implements solutions to translate financial projections into business metrics; aware of area productivity, processes, & business profitability
Participates in cross-training and knowledge sharing within team/department to accomplish goals
Actively manages self-development. Takes actuarial exams in pursuit of professional designation
10% Travel – potential for some travel for Client meetings/presentations
Responsibility for the work of others
Potentially assist a junior actuary as they work together on client deliverables
What are the requirements needed for this position?
Bachelor’s degree in Mathematics, Actuarial Science, or related field and a minimum of 4-6+ exams completed
Minimum of 4 years of overall experience
Must be pursuing actuarial designation or is already an Associate of the Actuarial Society (CAS/SOA/CIA/IFoA).
Minimum of 3 years of progressive responsibilities and related experience in an actuarial role
Has advanced level of understanding actuarial concepts, insurance product and industry knowledge
Advanced proficiency in MS Office Applications including Excel, PowerPoint, Word, Outlook, PowerBI, SharePoint
Advanced to Expert proficiency to various data repository platforms (SAS/SQL/etc.)
What other skills/experience would be helpful to have?
Proficiency with coding (SQL, PowerBI)
Exhibits advanced skills in completing moderate to complex, defined tasks & projects
Handles basic conflicts independently and seeks advice on more complicated matters
Establishes rapport with internal and external groups to stay abreast with ongoing activity that may need actuarial engagement
Demonstrates cordial, clear, and concise writing abilities through various forms of media related to technical and non-technical topics
Pay Range:$74,900.00 - $123,500.00
Any posted pay range considers a wide range of compensation factors, including candidate background, experience and work location, while also allowing for salary growth within the position.
Helping People Thrive in a Connected World
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For U.S. benefit information, visit myassurantbenefits.com. For benefit information outside the U.S., please speak with your recruiter.
What’s the culture like at Assurant?
Our unique culture is a big reason why talented people choose Assurant. Named a Best/Great Place to Work in 13 countries and awarded the Fortune America’s Most Innovative Companies recognition in 2023, we bring together top talent around the world. Although we have a wide variety of skills and experiences, we share common characteristics that are uniquely Assurant. A passion for service. An ability to innovate in practical ways. And a willingness to take chances. We call our culture The Assurant Way.
Assurant is a leading global business services company that supports, protects, and connects major consumer purchases. A Fortune 500 company with a presence in 21 countries, Assurant supports the advancement of the connected world by partnering with the world’s leading brands to develop innovative solutions and deliver an enhanced customer experience through mobile device solutions, extended service contracts, vehicle protection services, renters insurance, lender-placed insurance products, and other specialty products.
Equal Opportunity Statement
Assurant is an Equal Employment Opportunity employer and does not use or consider race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other characteristic protected by federal, state, or local law in employment decisions.