Actuarial Analyst - Risk Insurance

Job Description

Actuarial Analyst – Insurance (Pricing & Reserving)

Job Summary

We are seeking a Actuarial Analyst to support pricing, reserving, and financial analysis for our insurance products. This role partners closely with Finance, Risk, and Accounting to deliver data-driven insights that influence business decisions and ensure accurate financial reporting.

Responsibilities

Actuarial & Analytics

• Analyze and support pricing and reserve calculations for auto insurance products
• Partner with Risk, Finance, and Accounting to ensure accurate loss provisions
• Extract and analyze data to improve underwriting, pricing, and forecasting
• Monitor actual results vs. forecasts and identify key trends and drivers
• Support IFRS 17 reporting and financial analysis
• Assist with audit processes and collaborate with external auditors
• Enhance and automate data processes, reporting, and model outputs

Underwriting Support

• Assist in developing and refining underwriting guidelines
• Collaborate cross-functionally to support product structure and risk selection
• Ensure compliance with internal standards and regulatory requirements

Collaboration

• Partner with senior actuaries and business leaders on key initiatives
• Contribute to process improvements that increase efficiency and accuracy

Qualifications

Experience

• 7+ years of actuarial or related experience
• 3+ years in an analytics role within financial services
• Insurance experience required; auto insurance preferred
• Risk management experience is a plus

Education

• Bachelor’s degree in a quantitative field (e.g., Mathematics, Statistics, Economics, Data Science)
• Master’s degree preferred

Skills

• Strong analytical and problem-solving abilities
• Ability to communicate complex concepts to non-technical stakeholders
• Advanced Excel and strong SQL skills required
• Python or SAS experience preferred

Preferred

• FCAS designation or progress toward certification
• Experience working with external auditors