Actuarial Analyst

Opportunity

Millennium Insurance is looking for a qualified Actuarial Analyst! As a key member of the actuarial team, you will work as part of a group of problem solvers, helping to solve complex business issues from strategy to execution, and contribute to the overall growth of the practice.

The Actuarial Analyst is responsible for developing, implementing, and reporting on various actuarial projects and fostering partnership across all departments by providing professional and timely support to ensure all projects are delivered on time.

What you will be doing

• Obtain, verify, investigate, and model data including risk reporting and forecasting.
• Ensure work is accurate and efficient using existing procedures.
• Manage reviews of Property and Commercial insurance pricing models.
• Responsible for conducting research and reflection of information to provide recommendations on calculations.
• Complete projects on time and with high standards and accuracy.
• Conduct a contemporary review of General Insurance reserves and report key findings to senior management.
• Independently create and submit regulatory rate, rule, and form filings.
• Support the month-end closing process and ensure the accuracy of booked reserves.
• Plan and prioritize work in accordance with the broader team or department objectives and priorities.
• Responsible for coordinating the development and extensive analytical review of trends.
• Participate as a representative of the department during relevant meetings.
• Develop and maintain effective working relationships with both internal and external stakeholders.
• Proactively identify opportunities for improvements in processes and products.
• Analyze and recommend revisions in rates and rating plans for assigned lines of insurance.

What you bring to the team

• A minimum 4-year bachelor’s degree in a related field preferably with a concentration in Actuarial, Mathematics, or Statistics, or an equivalent field of study is required.
• Completion of 3 or more exams towards the attainment of Associate of the Casualty Actuarial Society (A.C.A.S.) designation with continued pursuit towards associateship by actively writing actuarial exams is considered an asset.
• Intermediate to advanced skills with Microsoft Office (Word/Excel).
• Experience working in VBA, Access, SAS, and SQL is an asset.
• Fluent in English with proven skills in verbal and written communication.

How you will succeed

In the first year, success will be measured by the ability to master technical skills, deliver accurate work promptly, and communicating effectively with stakeholders. Collaboration, adaptability, and ethical behavior are also essential for establishing credibility and contributing to the team’s goals.

How we take care of our Employees

By joining Millennium Insurance, you will belong to a passionate and purpose-driven team. As part of the Wheaton Group Companies, we pride ourselves on being family oriented, socially responsible, and in doing business the right way. Millennium is proud to be Great Place to Work Certified for creating an outstanding employee experience and an amazing workplace culture. Some of the amazing benefits our employees have access to include:

• Earned Time-Off and Vacation Program
• Group Retirement Savings Plan with employer match
• Flexible work options available
• Fitness center subsidy
• Education Assistance
• Health, Dental and Insured Benefit offerings
• Health and Lifestyle spending account
• Employee discount programs

About Millennium Insurance

Millennium Insurance is a locally owned and operated property and casualty insurance company based in Sherwood Park, AB. We pride ourselves on offering relevant and competitively priced insurance products, along with industry-leading customer service. Our business lines include personal automobile, personal property, home warranty, commercial property, and commercial liability insurance. Millennium Insurance is part of the Wheaton Group of Companies.

Interested in applying?

If you are ready to pursue a new challenge, visit our careers page at My Job Search (ultipro.ca) and apply today!

We thank all candidates for their interest but only candidates selected to advance in the hiring process will be contacted. Final candidates will be asked to undergo pre-employment backchecks, results of which must be satisfactory to Millennium.

Millennium is committed to fostering an inclusive, equitable and accessible workplace. If we can make any adjustments to the hiring process to better accommodate you, please provide feedback when submitting your application or let us know when we reach out about a job opportunity.

This role not a fit for you? Stay connected with us through LinkedIn for information on other career opportunities that are available.