Company: CLIC
Department: Individual Insurance and Wealth Management
Employment Type: Temporary Full-Time (14 months)
Work Model: Hybrid (2 days in office)
Language: This role operates in English.
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.
The Sr Actuarial Analyst role is the sophomore role in the Actuarial Student Program. The Actuarial Student Program looks to develop actuaries within the company by exposing them to the different actuarial functions of the company while at the same time providing support for actuarial exams. While the work itself will be department-specific the role is the continued application of fundamentals of actuarial practice in a professional setting.
How you will create impact:
- Completing pricing and product support work for various wealth products including individual annuities, group annuities, segregated funds, and group retirement. This may entail analyzing assumptions, creating projections, running quotes, etc.
- Developing a broad understanding of the practical applications of actuarial concepts and use them to develop conclusions.
- Communicating basic actuarial concepts within the department both verbally and in writing, and prepare official communication within the department.
- Upholding professional ethics, values, policies and procedures that support the company’s and profession’s standards.
- Utilizing and developing Actuarial Knowledge and experience gained through research and development initiatives as well as education learning.
- Training and mentoring junior staff.
To join our team:
- You have a Bachelor’s degree in Actuarial Science from a Canadian Institute of Actuaries (CIA)-accredited university or a Bachelor’s degree in a relevant discipline.
- You have insurance industry experience including actuarial modeling.
- You are actively pursuing a designation with the Canadian Institute of Actuaries (CIA) or The Society of Actuaries (SOA) and are within one year of attaining your Associateship with either organizations
- You have strong computing skills including experience with Microsoft Office and Excel.
How you will succeed:
- You influence change and are committed to continuous improvement, in order to exceed client expectations.
- You leverage critical thinking skills to identify problems and proactively propose solutions.
- Your strong communication skills allow you to clearly convey messages.
- You’re an effective team player who shares knowledge to support our peers.
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.
Expected salary range $69,660 - $116,100
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.
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Skills Required
- Bachelor’s degree in Actuarial Science from a Canadian Institute of Actuaries-accredited university or a relevant discipline
- Insurance industry experience, including actuarial modeling
- Actively pursuing a Canadian Institute of Actuaries or Society of Actuaries designation and within one year of attaining Associateship
- Strong computing skills, including Microsoft Office and Excel experience
What We Do
As a leading Canadian financial services co-operative, Co-operators offers multi-line insurance and wealth products, services, and advice to build financial strength and security. With over $56 billion in assets under management, we provide financial solutions and security through property and casualty (P&C) insurance, life insurance, wealth management, institutional asset management and brokerage operations. We are governed by member organizations, including co-operative organizations, credit union centrals and representative farm organizations. We are rooted in the idea that together, we are stronger, safer, and more resilient. Our vision to be a catalyst for a sustainable society is reflected in everything we do, including our community investment programs, strategic partnerships, and active volunteerism. We champion and fund the development of community-oriented co-operatives and social enterprises, invest for positive impact, and work hard to contribute to communities across Canada by supporting financial literacy, mental health, flood safety, and sustainability initiatives and programming. With over 600 locations across the country, over 6,000 employees and a dedicated financial advisor network of over 2,500 licensed insurance representatives, we remain true to our roots: putting the needs of our clients and our communities first. Our response to COVID-19 As an essential service, we took immediate steps to ensure the health and safety of our people, clients, and communities. We’re following the direction of Health Canada as we roll out a phased return to corporate and local offices across the country. If you have applied for a posted role, a recruiter will be in touch with an update. Currently, all interviews are being conducted remotely.
