Actuarial Analyst

Posted 6 Hours Ago
Be an Early Applicant
4 Locations
In-Office or Remote
61K-84K Annually
Junior
Healthtech • Insurance • Professional Services
The Role
Support pricing, reserving and financial analysis for group and individual insurance products. Conduct trend studies, renewals, and performance analyses; develop strategic recommendations and interactive Power BI reports; assist with IFRS 17 reserve evaluations and actuarial reporting; collaborate with pricing and sales teams to support client acquisition and product launches.
Summary Generated by Built In

Position Type:

Permanent

If you’re looking for a fulfilling career that can make a real difference in your life, and the lives of others, you’ve come to the right place.

As a national health solutions partner, we put people first in everything we do — and that begins with our team of 8,000+ professionals who bring a cross-section of diverse life experiences and career expertise to Medavie. By collaborating and innovating together, our employees are creating industry-leading solutions in insurance, primary care and emergency medical services that impact millions of lives in Canada each year.

Our mission is to improve the wellbeing of Canadians so that every life can be lived to the fullest — and it’s reflected in our award-winning culture. We celebrate individuality and value the diverse perspectives and skills our employees contribute. We go beyond providing competitive pay and comprehensive benefits to offer opportunities for personal and professional growth, flexible work options, meaningful experiences, and supportive leadership. Medavie is where employees can be their best selves, feel they belong, and achieve their full potential. Be part of it by applying for a position with us today.

Join our team of young and passionate actuaries, where energy and professionalism come together to create a stimulating and collaborative atmosphere. We are confident that this position holds exciting challenges, matching your highest aspirations. You will have the opportunity to leverage the knowledge gained during your examinations at the Canadian Institute of Actuaries and showcase your analytical skills and creativity.

As an analyst, you will be an essential role in our team, working closely with the team leader to achieve the ambitious goals of our company. This is the perfect opportunity to bring your skills to life, explore new perspectives, and make your mark in the exciting world of actuarial science.

 Key Responsibilities

  • Contribute to the launch and development of our various group and individual products
  • Conduct trend studies and participate in the annual renewal of our numerous products
  • Analyze the financial performance of various strategic initiatives, followed by the development of strategic recommendations to optimize them
  • Support pricing and sales teams, actively participating in strategic decision-making for acquiring new clients
  • Design interactive reports (Power BI) to track the financial performance and growth of our activities
  • Develop studies and tools to conduct a comprehensive analysis of the company's financial health
  • Corporate development opportunities: Monthly evaluation of reserves under IFRS 17, FCT, assumption review, and support to produce the report of the designated actuary

As the ideal candidate, you possess the following qualifications:

  • Hold a bachelor's degree in actuarial science
  • Have successfully completed ASA or ACIA designation will be considered an asset
  • Have two (2) years of relevant experience in actuarial work
  • Experience in group and/or individual insurance is an asset
  • Advanced knowledge and proficiency in Excel
  • Knowledge of databases and search tools (SQL)
  • Familiarity with Power BI software and proficiency in Visual Basic are valued assets
  • Proficient English is required to perform the duties of this role
  • Explanation:  English proficiency is required to perform the duties of the role, which include daily collaboration with teams and partners outside Québec who operate primarily in English

Additionally, we value the following skills:

  • Strong teamwork and collaboration skills
  • Excellent analytical skills and attention to detail
  • Demonstrated personal initiative and autonomy
  • Effective communication both orally and in writing
  • Efficient prioritization and adherence to deadlines
  • Strong problem-solving abilities

What we offer:

  • A collaborative and supportive team environment
  • A recognition and support program for your actuarial exams (ASA path)
  • Opportunities for continuous learning and professional growth
  • Exposure to strategic, high-impact projects
  • Flexible work environment
  • Competitive compensation and benefits

#CBM1
#LI-VS1

Salary grade: 61,221 - 84,178 (CAD)
 

This posting is for a newly created position within our organization.

The Base Pay range may vary depending on the successful candidate or other relevant job-related factors such as knowledge, skills, qualifications, experience and education/training. In addition to Base Pay, eligible Medavie employees may participate in various performance-based incentive programs. Payments under these programs are discretionary and subject to both individual and organizational results.  

We believe our employees should reflect the communities we serve and welcome applications from candidates of all backgrounds. To provide the best experience possible, we will support you with accommodations or adjustments at any stage of the recruitment process. Simply inform our Recruitment team of your needs.  We are committed to making sure recruitment, retention, advancement, and compensation are fair and accessible while following all relevant human rights and privacy laws. We appreciate everyone who has shown interest in this position. Only those selected for an interview will be contacted.

Our recruitment process may involve automated tools, including AI, to assist in screening applications.

If you experience any technical issues throughout the application process, please email: [email protected].

Skills Required

  • Bachelor's degree in actuarial science
  • ASA or ACIA designation (considered an asset)
  • Two (2) years of relevant actuarial experience
  • Experience in group and/or individual insurance
  • Advanced knowledge and proficiency in Excel
  • Knowledge of databases and search tools (SQL)
  • Familiarity with Power BI
  • Proficiency in Visual Basic
  • Proficient English for daily collaboration with teams outside Quebec
  • Strong analytical skills and attention to detail
  • Teamwork, initiative, and effective written/oral communication
  • Efficient prioritization and adherence to deadlines
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The Company
3,500 Employees
Year Founded: 2006

What We Do

Medavie is a national health solutions partner that provides health insurance through Medavie Blue Cross and healthcare delivery services, including emergency medical services, through Medavie Health Services.

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