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Actuarial Analyst

Posting Date: Jun 3, 2021

Location: Etobicoke, ON, CA, M9C 5P1 CA Moncton, New Brunswick, CA, E1C 8L3 Charlottetown, Prince Edward Island, CA, C1A 9S2 Halifax, Nova Scotia, CA, B3J 2A8 CA Montréal, Quebec, CA, H3A 3A7 CA Moncton, New Brunswick, CA, E1C 0M3 Montréal, Quebec, CA, H3A 3C2 CA St. John's, NL, CA, A1B 3K3 Dartmouth, Nova Scotia, CA, B3J 3C6 CA CA CA Saint John, New Brunswick, CA, E2J 4Z7 Fredericton, New Brunswick, CA, E3B 3B9

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.  The Company specializes in life and disability income protection products that supplement and enhance the portfolio of health products distributed by its Shareholder Blue Cross Plans.

Job Title: Actuarial Analyst
Department: Actuarial Pricing
Competition: 15412
Internal/External: Internal/External
Employment Type: Full Time, Permanent
Location: Open to all locations, including remote work from home
Salary: Comprehensive Compensation
Reports To: Director

The Company


Our employees are key in delivering competitive life and disability products; we value their knowledge and commitment to our various stakeholders. We are dedicated to professional development and cultivating an environment of continuous learning and growth.


Our team of employees operates across all provinces. We are forward thinking and ready to make an impact. We seek creative problem solvers who care about the work they do with an emphasis on robust governance, risk management and compliance. 


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 5 years experience in an actuarial role focused on individual life insurance with good knowledge of AXIS.  Reinsurance, group insurance pricing and IFRS-17 experience would also be considered an asset.   


Education: Have passed four or more exams from the Society of Actuaries and are pursuing FSA/FCIA designation.

Language Skills: Bilingualism (English and French) is considered an asset

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

Blue Cross Life is an equal opportunity employer.

Job Segment: Risk Management, Actuarial, Accounting, Finance, Insurance