Actuarial Analyst

Location: Hybrid
Employment Type: Contract, Maternity Leave Coverage (8 months)
Salary: $100,000–$138,000 annually

Altis Recruitment is seeking an experienced Actuarial Analyst– Insurance to join a well-established organization within the financial services and insurance sector. This is a great opportunity for an experienced actuary who enjoys working at the intersection of actuarial analysis, finance, pricing and reserving, with exposure to senior leadership and key business stakeholders.

Reporting to the Senior Director, Finance Insurance, the Actuarial Lead will provide actuarial expertise supporting income recognition, forecasting, pricing and reserving for insurance products. The successful candidate will also play an important role in supporting IFRS 17 requirements and analyzing actual performance against priced assumptions.

What You’ll Be Doing

• Support IFRS 17 requirements and implementation as they relate to insurance products.
• Provide actuarial inputs for income recognition across actual and forecast models.
• Review and provide effective challenge to pricing and reserve calculations for auto insurance products.
• Monitor loss curves against priced assumptions and complete quarterly comparisons of actual versus priced loss ratios.
• Collaborate with Risk Management, Finance, Accounting and senior leadership to establish appropriate loss provisions.
• Partner with senior stakeholders, including Finance and Risk leadership, as well as external auditors, to support loss and reserve forecasts.
• Provide technical and operational support throughout the audit process.
• Extract and analyze data from data warehouse sources to identify emerging issues, patterns and trends within insurance products.
• Support robust pricing and reserving processes using standard actuarial techniques and advanced modelling.
• Develop actuarial indications, business analytics and recommendations and clearly communicate findings to senior leadership.
• Work collaboratively with broader Pricing and Reserving teams while helping drive innovation and continuous improvement.

What We’re Looking For

• Minimum 7 years of professional experience.
• At least 5 years of actuarial experience within the insurance industry.
• ACAS designation required.
• Bachelor’s degree in a quantitative discipline such as Mathematics, Statistics, Economics or Operations Research.
• Strong experience with insurance pricing and/or reserving.
• Experience developing and analyzing actuarial models and presenting findings to senior stakeholders.
• Strong analytical skills with the ability to translate complex actuarial information into clear business insights.
• Excellent communication and stakeholder-management skills.
• Ability to collaborate across Finance, Accounting, Risk Management and other business functions.

Nice to Have

• Approximately 3+ years of experience within the auto insurance industry.
• Strong knowledge of auto insurance products.
• Experience working with IFRS 17.
• Master’s degree in a related quantitative field.
• Experience working with data warehouses and large insurance datasets.

Work Environment

This is a hybrid position with flexibility to work remotely as needed. Travel requirements are minimal, approximately 5%. There may occasionally be a need to work outside normal business hours during peak or seasonal periods.

Compensation

The salary range for this position is $100,000–$138,000, depending on relevant industry experience, technical expertise, education, professional credentials and other qualifications.

This posting represents an existing vacancy that we are actively seeking to fill.

Altis Recruitment is committed to providing an inclusive and accessible recruitment experience. We welcome applications from qualified candidates and are happy to support accommodation requests throughout the recruitment and selection process.

We appreciate the time and effort all applicants invest in their submissions. Please note that only candidates shortlisted for this role will be contacted directly. However, your profile will remain under consideration for future opportunities that align with your experience and career goals.All qualified applicants will receive fair consideration for employment. We welcome individuals of all backgrounds, experiences, and identities including those who identify as women, members of racialized groups, Indigenous Peoples, persons with disabilities, and 2SLGBTQIA+ communities. If you require an accommodation, please review our accessibility policy and reach out to our accessibility officer with any questions. Our human recruiters review all applications and always make the final hiring decision. On occasion, we also use AI-assisted tools to help review applications.