Senior Actuarial Analyst

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.

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).

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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.