The opportunity
Reporting to the Director – Strategic Risk, Corporate Actuarial, the successful candidate will be responsible for Risk Management activities relating to assessing climate perils and the impact of climate change on the company’s operations
What to Expect
- Monitor and assess emerging catastrophe‑related risks on the company’s business operations.
- Conduct research on climate‑related hazards and evaluate how climate change and other human‑driven factors influence exposure, vulnerability, and overall implications for the insurance industry.
- Analyze, interpret, and visualize geospatial and climate datasets using programming languages (e.g., Python, R) and spatial analysis tools (e.g., GIS platforms) to generate actionable insights.
- Support the development, calibration, and testing of catastrophe models, ensuring methodological rigor and alignment with internal risk frameworks.
- Communicate complex analytical results clearly and effectively through presentations, written reports, and dashboards tailored to both technical and senior leadership audiences.
- Collaborate cross‑functionally with Actuarial partners (Reserving, Planning), and external groups such as Finance, Reinsurance, and Enterprise Risk Management (ERM) to address multi‑dimensional risk challenges and support enterprise decision‑making.
- Identify and implement opportunities to enhance processes, improve data workflows, and strengthen analytical efficiency and consistency.
- Provide support to the team leader in coaching, mentoring, and developing team members to foster a high‑performing and learning‑oriented environment.
What you Bring
- University degree in Actuarial Science, Mathematics, Statistics, or a related quantitative discipline.
- Completion of at least four CAS exams (or equivalent actuarial credentials) & 2–3 years of actuarial experience within the insurance industry.
- Strong programming capabilities, including proficiency in Python and commonly used scientific libraries (e.g., pandas, NumPy, SciPy, scikit‑learn).
- Demonstrated ability to collect, clean, manage, and analyze large and complex datasets, including climate, exposure, and socioeconomic data.
- Proven ability to work both independently and in collaboration with cross‑functional teams.
- Excellent communication, organizational, and time‑management skills.
- Highly adaptable team player with a strong sense of ownership, accountability, and initiative, coupled with a results‑oriented mindset and the ability to translate analytical insights into meaningful business impact
- Strong presentation skills and the ability to communicate complex analytical concepts clearly to a range of audiences.
Salary Range: $69,500 - $119,500
About UsActual salary for the role may vary depending on work location of the successful candidate and other factors including but not limited to, skills, education, experience, working conditions and the local labour market.
This position is being posted to fill an existing vacancy.
Interested in this role, but don’t meet every requirement? We encourage you to apply! We know from experience that a candidate doesn’t need 100% of the qualifications listed to bring incredible value to our team. We’re actively seeking diverse backgrounds and perspectives to help us make insurance better. At Definity, inclusion, diversity, and equity aren’t just “nice to have” — they’re essential to our success.
What’s in it for you?
- Hybrid work schedule for most roles
- Company share ownership program
- Incentive Program - Eligible employees may participate in various incentive plans which are paid out at the discretion of the company and subject to individual and company performance.
- Pension and savings programs, with company-matched RRSP contributions
- Paid volunteer days and company matching on charitable donations
- Educational resources, tuition assistance, and paid time off to study for exams
- Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents
- Wellness and recognition programs
- Discounts on products and services
Go ahead and expect a lot — you deserve it.
It’s better here — but don’t take our word for it. Definity was named by Great Place to Work® as one of the Best Workplaces™ in Canada for women, for youth, and for inclusion.
Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know by contacting [email protected].
This role requires successful clearance of background checks (including criminal checks and leadership references).
#LI-Hybrid
About the TeamSkills Required
- University degree in Actuarial Science, Mathematics, Statistics, or related discipline
- Completion of at least four CAS exams or equivalent
- 2-3 years of actuarial experience within the insurance industry
- Proficiency in Python and scientific libraries
- Ability to analyze large datasets
- Strong communication and organizational skills
What We Do
Definity Financial Corporation is the parent company to some of Canada’s most long-standing and innovative property and casualty insurance brands and companies, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. We focus on making insurance better for our customers, our employees, our broker partners, and our communities. Our promise to employees is to provide a workplace that’s collaborative, ambitious, rewarding, and empowering. Our inclusive environment provides the space to innovate with colleagues and implement even better ways of doing things. We invest in our employees’ growth and development and help them thrive. With our flexible, hybrid work arrangements, total rewards packages, company share ownership program, and emphasis on work-life balance, it’s better here. If you’re looking for a career where your perspective and expertise are valued, you’ll find it here at Definity.
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