Actuarial Analyst

Posting Date: Sep 18, 2024

Location: CA Moncton, New Brunswick, CA, E1C 8L3

Company: Medavie Blue Cross

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: Actuarial Analyst
Department: Actuarial Pricing
Competition: 87281
Internal/External: Internal/ External
Employment Type: Permanent, Full-time
Location: Remote in Canada
Salary: The MINIMUM salary for this position is $58,044 per annum. Starting salary will be determined based on the successful candidate’s education, experience, and internal equity
Reports To: Director
   
   

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!

 

Your every day with us

As an Actuarial Analyst, no two days will look the same. You’ll have the opportunity to play a significant role in the development of new individual insurance products and collaborate with people from various teams from Blue Cross organizations across Canada.  You’ll need strong analytical skills and a love for data/analytics.

 

As an Actuarial Analyst, you will

  • Create and/or populate actuarial models to price various individual life products and revisions;
  • Actively collaborate with a multidisciplinary product development team on initiatives related to individual products;
  • Monitor market and experience trends to provide input in the product pricing and design;
  • Communicate with reinsurance partners regarding quotations and technical pricing models and evaluate reinsurance treaties;
  • Develop a performance reporting package related to the profitability of product lines as well as emerging business and industry trends;
  • 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 3-4 years experience in an actuarial role focused on individual life insurance;
  • Passed 4 or more exams from the Society of Actuaries;
  • Good knowledge of AXIS;
  • Reinsurance and IFRS-17 experience would be considered assets;   
  • Bilingualism (EN/FR) is considered an asset. English is requirement, written and verbal, to provide services to our customers and communicate with internal stakeholders.

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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. 


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