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Senior Actuarial Analyst

In-person
Full-time
Experienced
Company Benefits
Life Insurance
Posted 11 days ago

Blue Cross Life Insurance Company of Canada is a federally licensed company that distributes its products through a network of Blue Cross Plans. Blue Cross Life specializes in life insurance, living benefits and disability income protection products to supplement and enhance the portfolio of health and dental products distributed by the Blue Cross Plans.

Our employees are the key component in enabling us to deliver competitive life and disability products nationally; we value their knowledge and integrity and are dedicated to their professional development by providing an environment of continuous learning and growth. We seek creative problem solvers who care about the work they do while helping to drive responsiveness and insight throughout our organization.

If you are looking for an opportunity in a challenging, fast-paced, and collaborative work environment, the career you have been looking for may be waiting for you at Blue Cross Life.

Job Title: Senior Actuarial Analyst Department: Actuarial Pricing Competition: 87510 Internal/External: Both Employment Type: Full Time, Permanent Location: Remote options within Canada Salary: The MINIMUM salary for this position is $69,653 per annum. Starting salary will be determined based on the successful candidate's education, experience, and internal equity Reports To: Manager
What's in it for you?

We provide a work environment where people are respected and fulfilled both professionally and personally through healthy relationships, work-life balance and meaningful work. And because we're in the insurance business - paid benefits and perks to keep you at your very best!

As a Senior Actuarial Analyst, you will:

  • Create and/or populate actuarial models to price various group life products and revisions;
  • Maintain documentation of completed calculations/recommendations, and validate results against historical calculations or other benchmarks;
  • Complete peer review of work completed by other members of the team;
  • Provide support to the underwriting team for large/complex quotes;
  • Actively collaborate with a multidisciplinary product development team on initiatives related to group products;
  • Communicate with reinsurance partners regarding quotations and technical pricing models and evaluate reinsurance treaties;
  • Support the implementation and testing of new products or product changes in quotation tools and administrative systems;
  • Continue ongoing enhancements of our internal processes to support our efficiency initiatives.

What you need to succeed:

  • At least 5 years experience in an actuarial role focused on group life insurance;
  • ASA/ACIA designation and pursuing FSA/FCIA designation;
  • Outstanding knowledge of Excel;
  • Knowledge of the Canadian Institute of Actuaries (CIA) professional standards as they pertain to the life and disability business;
  • Well versed in insurance and statistical concepts and practices;
  • Enjoy working on process improvement & automation initiatives and have experience with building and maintaining business process models;
  • Exceptional analytical skills with high attention to details;
  • Experienced in documenting business process changes, and have a good understanding of the software development life cycle;
  • English is requirement, written and verbal, to provide services to our customers and communicate with internal stakeholders.

Assets:

  • Knowledge of group insurance products;
  • Knowledge of the AXIS actuarial software;
  • Reinsurance experience;
  • Working knowledge of advanced data warehouse reporting (using SQL): Ability to extract, interpret and explain data utilizing moderately complex SQL queries in a complex data environment;
  • Bilingualism (English and French).

#CBM1

Blue Cross Life is an equal opportunity employer. We strive to foster a culture where everyone is enabled to achieve their full potential - a culture of diversity, equity and inclusion (DEI). Accessibility is a top priority.

For applicants with disabilities, we provide accommodations throughout the recruitment, selection and/or assessment process. If selected to participate in the recruitment, selection and/or assessment process, please inform Human Resources staff of the nature of any accommodation(s) that you may require in respect of any materials or processes used to ensure your equal participation.

We would like to thank all candidates for expressing interest. Please note that only those selected for interviews will be contacted.

Job Segment: Underwriter, Accounting, Testing, Business Process, Data Warehouse, Insurance, Finance, Technology, Management

Competition Number: 585719417
Company Website: http://www.medaviebc.ca

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About Medavie Blue Cross

About Medavie Blue Cross

Join an exceptional organization!

Medavie Blue Cross is proud to be one of Canada's Most Admired Corporate Cultures. The insurance business is about more than just claims - it's about relationships too. As a not-for-profit health care provider, caring for our employees, our clients and our communities is core to who we are.

Why Work with Us?

Medavie Blue Cross is a leading member of the Canadian Association of Blue Cross plans that collectively provide coverage to over seven million Canadians. As a not-for-profit organization, we provide health, dental, travel, life and disability benefits to individuals and organizations, and administer various government-sponsored health programs. Our shareholders are the employees, clients and communities we serve. We channel an annual social dividend to the Medavie Health Foundation as part of our commitment to helping Canadians live their best lives, both mentally and physically.

Engaging Culture

We've been recognized as one of Canada's Top 10 Most Admired Corporate Cultures, and embrace this honour every day. We are big enough to make a difference but small enough that everyone can have a voice, influence outcomes and see the impact of their work. You'll join a team of talented individuals who have passion, experience and motivation to make a difference in the lives of customers. People stay because of the relationships they form with coworkers and customers.

Total Rewards Package

We offer competitive compensation and great benefits like a comprehensive health and dental plan that is 100% paid by us, pensions with contribution matching, RRSPs, and short and long-term disability and life insurance. We strive to provide a stable work environment dedicated to long-term, healthy employment relationships so you can excel in what you do.

Healthy Work Environment

Our work environment enables employees to be respected and fulfilled both professionally and personally through healthy relationships, work-life balance and meaningful work. We are committed to our employees' health and wellbeing, but we know improving health outcomes starts with us. That's why we believe employees who are given flexibility and are able to balance their career and lives will contribute more.

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