About the Role
The Actuarial Specialist will lead the development, enhancement, and implementation of reserving, capital modelling, financial reporting, and predictive analytics solutions. This role applies advanced actuarial knowledge to support business decision-making, regulatory requirements, and financial reporting, while providing technical guidance and mentorship to less experienced team members.
Responsibilities
- Lead complex reserving analyses and investigate trends impacting actuarial results.
- Develop and enhance actuarial methodologies used in reserve valuation and financial reporting.
- Review results for reasonableness and identify emerging risks or opportunities.
- Communicate findings and recommendations to actuarial management and business partners.
- Support development and maintenance of capital and risk models, including FCT and stress testing.
- Perform scenario analysis and quantify impacts of changing business conditions.
- Assist with economic capital, reinsurance, catastrophe, and risk-adjusted performance analyses.
- Recommend enhancements to modelling techniques and assumptions.
- Design, build, and maintain actuarial models and automated analytical processes.
- Develop solutions using actuarial software, SQL, Python, R, or other analytical tools.
- Improve efficiency through automation, documentation, and process optimization.
- Evaluate emerging analytical techniques and industry best practices.
- Support quarterly and annual actuarial reporting requirements.
- Contribute to IFRS 17, capital adequacy, regulatory, and board reporting processes.
- Prepare exhibits, documentation, and analysis supporting external reviews and audits.
- Ensure actuarial work complies with professional standards and internal governance requirements.
- Act as a subject matter expert for assigned actuarial projects and initiatives.
- Provide technical guidance and peer review support to analysts and senior analysts.
- Assist with training, knowledge sharing, and development of actuarial team capabilities.
- Continue professional development through CAS/FCIA progression and industry research.
Requirements
- Undergraduate degree in Mathematics, Actuarial Science, or Statistics and FCAS / FCIA designation with exceptions for significant experience with (near) ACAS designation.
- 5-8 years of applicable experience in a P&C Insurance Company.
- Strong actuarial modelling and analytical capabilities.
- Advanced proficiency with Excel and actuarial software.
- Experience using SQL, Python, R, or equivalent analytical tools.
- Knowledge of IFRS 17, FCT, reinsurance, planning, and capital modelling.
- Strong communication and stakeholder management skills.
Skills
- Actuarial modelling
- Analytical capabilities
- Excel
- Actuarial software
- SQL
- Python
- R
- IFRS 17
- FCT
- Reinsurance
- Planning
- Capital modelling
- Communication
- Stakeholder management
Location
- Ontario
- Western Canada
Work Type
- Hybrid
Experience Level
- 5-8 years
Education Level
- Undergraduate degree in Mathematics, Actuarial Science, or Statistics
- FCAS / FCIA designation
- (near) ACAS designation
Salary/Compensations
- $97,500 - $147,500
Benefits
- Extended health and dental benefits
- Disability insurance
- Retirement plan matching
- Paid time off
- Recognition and perk programs
- Discretionary bonus program
About the Company
- Gore Mutual is a modern mutual company focused on transforming the insurance industry.
- Effective January 1, 2026, Gore joined Beneva, the country’s largest mutual insurance company.
- Gore will combine operations with Unica Insurance, Beneva’s Ontario-based subsidiary.
- The combined entity will be a stronger, more diversified mutual insurer with greater scale and long-term stability.
- Decisions and investments are anchored in long-term benefits to customers, members, and communities.
Equal Opportunity
- Gore Mutual Insurance Company is committed to providing accommodations for people with disabilities during all phases of the recruiting process, including the application process.
- If you require accommodation because of a disability, we will work with you to meet your needs.
- Contact us and a human resources representative will consult with you to determine an appropriate accommodation.
- Should you request an accommodation during the interview process, please notify your Talent Acquisition Consultant.
