About the Role
The Actuarial R&D provides contributions to the actuarial group based on knowledge from the actuarial exam system and prior relevant academic or work experience. They will mentor Actuarial Analyst colleagues while applying their knowledge to complex actuarial analysis in the pursuit of solving business issues and answering business questions.
Responsibilities
- Researches, extracts, and manipulates complex data from relevant sources, and assesses data quality.
- Supports the business and overall team by performing analyses/reviews and completing ad-hoc requests/special projects in a timely manner with minimal support from peers and leaders.
- Evaluates procedures and processes, and recommends alternatives or improvements.
- Evaluates existing processes to find areas for increased efficiency.
- Identifies opportunities for automation of routine tasks.
- Develops new approaches to problem solving and assesses impacts with minimal support from leaders.
- Identifies emerging industry trends and analyzes the impact they will have on Wawanesa.
- Represents Wawanesa at external events that may include universities, actuarial clubs, industry organizations, and charitable causes.
- Commits to professional development and continuous experiential learning to build cross-functional knowledge, technical skills, and mastery in competencies.
- Focuses learning activities on bringing new knowledge and skills to the team in order to address any existing gaps.
- Provides regular project updates to stakeholders and anticipates obstacles, raising them in advance.
- Builds trust with teams around the actuarial function, leading some projects from beginning to end, including implementation of the final product, and potentially training and documentation.
- Actively contributes to the mentorship, training, and development of actuarial analysts.
- Reviews analysis of peers and provides thoughtful feedback on reasonableness, completeness, and accuracy.
- Builds trust and credibility with peers and develops strong working relationships across teams.
Requirements
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or other related discipline.
- More than two years of actuarial experience is an asset.
- Working towards ACAS designation; 4 CAS exams is an asset.
- Experience with machine learning modelling or other pricing modelling methods and software.
- Ability to translate problem-solving methods and ideas to various computer languages efficiently and effectively.
- Ability to apply knowledge of actuarial science, mathematics, probability, statistics, principles of finance, and business to problems in insurance.
- Understanding of database systems and how to interpret/extract data from those systems.
- Advanced written and verbal communication skills with the ability to communicate at the right level of complexity for the audience.
- Ability to develop timelines for projects and handle multiple concurrent assignments in a timely manner while proactively keeping leaders informed of progress.
- Works efficiently and cooperatively in a team environment and involves others when appropriate.
- Ability to ask effective questions to elicit detailed and relevant information.
Skills
- Machine learning modelling
- Pricing modelling methods
- Database systems
- Data extraction
- Actuarial science
- Mathematics
- Probability
- Statistics
- Principles of finance
- Business principles
- Written communication
- Verbal communication
- Project timeline development
- Teamwork
- Problem-solving
Location
- Winnipeg, MB
- Wawanesa, MB
- Vancouver, BC
- Calgary, AB
- Edmonton, AB
- Lethbridge, AB
- Toronto (North York), ON
- Kitchener, ON
- Ottawa, ON
- Montreal, QC
- Quebec City, QC
- Moncton, NB
- Dartmouth, NS
Work Type
- Hybrid
- Remote
- Onsite
Experience Level
- More than two years of actuarial experience
Education Level
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or other related discipline
- ACAS designation
- 4 CAS exams
Salary/Compensations
- $90,000 - $110,000
Benefits
- Annual bonus plan
- Leave of absence top-up programs
- Generous vacation time
- Personal days
- Premium free benefits
- Pension plan
About the Company
- Founded in 1896, The Wawanesa Mutual Insurance Company is one of Canada’s largest mutual insurers, 100% owned by its members, with more than $4.1 billion in annual revenue and $12.5 billion in assets.
- Headquartered in Winnipeg, Wawanesa is the parent company of Wawanesa Life, which provides life insurance solutions throughout Canada, and Western Financial Group, a leading national distributor of personal and business insurance.
- In March of 2026, Wawanesa entered into an agreement to acquire Everest Insurance Company of Canada to strengthen its commercial insurance capabilities and advance its long-term growth strategy.
- Wawanesa proudly serves more than 1.8 million members and is home to more than 3,000 employees across Canada.
- The company actively gives back to organizations that strengthen communities, donating more than $4 million annually to charitable organizations, including more than $2 million each year in support of people on the front lines of climate change.
Equal Opportunity
- At Wawanesa, we are committed to Diversity, Equity, Inclusion and Belonging (DEIB) and believe that our strength lies in the diversity of our people – this is supported by having a representative workforce.
- We welcome applications from all qualified candidates, including racialized persons, women, Indigenous Peoples, persons with disabilities, members of the 2SLGBTQIA+ community, gender-diverse and neurodiverse individuals, and anyone who can contribute to the further diversification of thought and ideas.
- We aim to ensure our recruitment process is accessible to all candidates. If you require accommodations during any stage of the recruitment process, please reach out in confidence to jobs@wawanesa.com.
- All Wawanesa job applicants are subject to Wawanesa's Privacy Policy.
- Please note that the recruitment process for this position may involve the use of AI tools to screen, assess, or select applicants. All final decisions are taken or reviewed by human recruiters and human hiring leaders in compliance with all applicable legislation.
