Do you value integrity and innovation? How about passion and caring? Great! Us too, and that's why you'll fit right in. Our intentional culture promotes trust and participation, encouraging you to bring your heart and mind to work every day.

Out-of-Scope

Permanent, Full-Time

Work Location: Regina – In Office and hybrid work opportunities may be considered

Closes: February 10, 2025

The successful candidate is responsible for conducting actuarial analysis and modelling using a variety of techniques. You will produce reports, present findings and make recommendations to support corporate decision making. You will collaborate with peers and contribute to initiatives and actuarial projects that support the needs of the business.  Work will be focused on Pricing, Forecasting or Reserving depending on the area of assignment.

Key Accountabilities

Note: This section is not intended to be an exhaustive list of duties and responsibilities – other duties and responsibilities may be assigned.

Actuarial Modelling & Analytics

Conducts statistical and actuarial analysis on data from multiple sources using predictive modelling and other techniques. Makes appropriate actuarial assumptions and provides insights and recommendations based on the results of this work and communicates these results clearly to stakeholders.

Understands and builds models using modern modeling techniques, including machine learning models, and others such as generalized linear models, gradient boosted models, etc.

Develops spreadsheets, database table structures and extracts, and statistical software code to compile and categorize data used in profitability analysis/reserving/forecasting.

Conducts data analysis to identify trends and patterns within large data sets. Extracts, manipulates and visualizes data to support analytics and decision making. 

Communicates actuarial concepts and key findings both verbally and in writing with supporting documentation.

Develops and runs reports as required.

Leverages analytics and technology to support recommendations for improving processes, product design and underwriting rules.

Recommends improvements to actuarial methods, analysis, or applications.

Makes recommendations on data collection tools, software, and business processes to maximize insights and efficiency. 

Works closely with Product Management, Finance, Risk Management, Claims and Underwriting to develop knowledge of insurance operations and reflect factors and trends into our models.

Creates formal reports, presentations and submissions summarizing and interpreting analytical results.

Responds to routine requests from internal and external stakeholders related to standard reports and processes with validation from senior staff.

Develops and maintains relationships with key internal stakeholders across the corporation.

Adheres to actuarial and regulatory guidance, incorporating changes into work as required.

Assists with special projects and tasks as required.

Discipline Specific

Generates scenarios of adverse events to determine company-wide and individual product line impacts.

Performs analysis of appropriate assumption levels for various going concern and solvency scenarios given various target percentile levels.

Assesses the impact of changes of underlying assumptions on overall Minimum Capital Test percentages and capital levels.

Prepares loss trend and income statement forecasts for budgeting various products and the company overall.

Supports the preparation of Financial Capital Testing Reports, including appendices of scenario results.

Performs updates and adjustments to risk and forecast models to improve accuracy.

Leadership

Actively contributes to and supports a culture of a high performing workforce.

Participates in divisional succession plans, ensuring ongoing professional and career development and supports development in others.

Supports a culture of leadership and accountability to effectively deliver on strategic and corporate strategies.

Is actively committed to leadership development across the company, supporting team and workforce readiness through mentoring, training and developmental opportunities.

Corporate Management

Enables the success of programs and policies that are in alignment with corporate, strategic and divisional strategies. 

Manages risk in area of authority.

Ensures that the Health, Safety and Emergency Management Policy is applied in area of responsibility.

Education and Experience

A four-year degree from an accredited post-secondary education institution in Actuarial Science or a relevant field of study such as Business or Mathematics & Applied Science.

Successful completion of at least two Casualty Actuarial Society exams or equivalent progress on Canadian Institute of Actuaries qualification pathway.

One year of relevant experience.

Knowledge, Skills and Abilities

Knowledge of actuarial methods, modelling, statistics and assumptions used in ratemaking and reserving.

Knowledge of database structures and logic and use of data science and statistical tools such as SAS, R or Python.

Knowledge of regulatory requirements and regulatory compliance on actuarial work.

Knowledge of the insurance industry and insurance product features.

Knowledge of mathematics, data management and programming skills.

Skills in quantitative and qualitative analytical capabilities, including critical thinking with strong attention to detail.

Ability to present results of analysis to a non-technical audience at all levels of the organization.

Ability to research, analyze and make decisions.

Ability to present and communicate effectively with non-actuarial areas of organization.

Ability to collaborate and build positive relationships with business partners.

Behavioural Competencies

Leader Level 3 – Applies (Team/Dept)

Accountability - Provides Direction and Sets Expectations

Business Acumen - Applies Broader Business Metrics and Understands the Internal and External Environment

Change Agility - Makes Change Real for Others

Leadership - Leads the Team

The salary range for this position is $72,862 - $129,595 and will be commensurate with verification of education, experience, and the number of completed exams sponsored by the Casualty Actuarial Society.

Diversity is a cornerstone of SGI. We believe all candidates should be given the opportunity to fully participate during the recruitment process. If you require an accommodation, we invite you to submit your accommodation request to employeeleaves@sgi.sk.ca and we will work through your request with you. All information received will be kept confidential.

Pay Range:$72,862.00 - $97,150.00

Posting Close Date:

February 10, 2025

As you prepare to submit your application, and cover letter if applicable, please highlight the achievements that demonstrate why you're a great candidate for this role.