Actuarial Analyst to Senior Actuarial Consultant - Commercial Pricing (All Levels)

Job ID: 10070

Employment Type: Existing Role

Working Business Language: English. This role is considered a head-office role and will be required to communicate with internal stakeholders across Canada where the primary business language utilized is English.

Salary: At Wawanesa, salary is only one component of a holistic, comprehensive and competitive offering that we provide to our employees. In addition to salary, full-time and part-time permanent employees are eligible for an annual bonus plan, leave of absence top-up programs and provided with generous vacation time, personal days, premium free benefits and pension plan.

The salary offered for this role is determined with consideration to various factors, including but not limited to: your work location, local labour market conditions, external market salary data, internal pay equity and the knowledge, skills, experience and anticipated proficiency in the role. The salary offered is estimated to be within the following range. Candidates with salary expectations outside of the range are still encouraged to apply.

• Actuarial Analyst $65,000 - $95,000
• Senior Actuarial Analyst $90,000 - $110,000
• Actuarial Consultant $105,000 - $130,000
• Senior Actuarial Consultant $120,000 - $145,000
• Actuarial Expert $135,000 - $170,000

About Us
At Wawanesa, we offer a hybrid work environment that offers flexibility to our employees in balancing in-office (2 days per week OR 15 hours per week in a Wawanesa office) and remote work. You may work from any of the following locations: 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.

The Wawanesa Mutual Insurance Company (“Wawanesa Mutual”), founded in 1896, is one of Canada’s largest mutual insurers, with over $3.5 billion in annual revenue and assets of $10 billion (CAD). Wawanesa Mutual, with its National Headquarters in Winnipeg, is the parent company of Wawanesa Life, which provides life insurance products and services throughout Canada, and Western Financial Group, which distributes personal and business insurance across Canada. Wawanesa proudly serves more than 1.7 million members in Canada, and we are home to more than 3,300 employees distributed across the Canadian regions and communities where we operate. We give back to organizations that strengthen communities, donating more than $3.5 million annually to charitable organizations, including over $2 million annually in support of people on the front lines of climate change. We are also proud to be recognized as one of Manitoba’s Top Employers. To learn more visit wawanesa.com.

We are currently looking for dedicated, driven, and enthusiastic individuals who thrive in an environment that welcomes change and are looking for an opportunity for diverse experience and advancement on a growing team.

Job Overview

Wawanesa’s Commercial Pricing team is growing, and we are hiring experienced actuaries at all levels to support our ambitious, profitable growth objectives.

We are hiring actuaries across multiple levels:

• Actuarial Analyst or Senior Actuarial Analyst
• Actuarial Consultant or Senior Actuarial Consultant
• Actuarial Expert

These roles will support Commercial Lines Pricing, including:

• Commercial Auto
• Property & Casualty (P&C)
• Farm
• Pricing Excellence

In this role, you will apply actuarial and insurance expertise to develop and enhance commercial rating structures, improve pricing sophistication, and support portfolio management across Commercial Lines.

Depending on level, you will contribute to or lead pricing initiatives, collaborate closely with underwriting and business partners, and support the delivery of strategic Commercial Pricing priorities.

Why Join Commercial Pricing

• Direct impact on Commercial portfolio performance and pricing strategy.
• Opportunities to work on pricing sophistication and innovation.
• Support for actuarial exams and long term career growth.

Job Responsibilities

Commercial Pricing & Ratemaking

• Apply actuarial and insurance expertise to develop, maintain, and enhance Commercial rating plans for property, liability, farm, and/or commercial automobile portfolios.
• Research, extract, and analyze complex internal and external data, while assessing data quality.
• Support and execute rate reviews that enhance segmentation and pricing sophistication.

Portfolio Management & Business Support

• Support the achievement of Commercial financial goals through accurate and timely pricing analysis.
• Identify, investigate, and address complex commercial pricing and portfolio performance issues.
• Collaborate with underwriting, product, and other business partners to align pricing solutions with strategic objectives.

Process Improvement & Pricing Excellence

• Evaluate pricing methodologies and processes and recommend opportunities for improvement.
• Support or lead process improvement initiatives and the development of flexible, extensible pricing and reporting solutions.
• Contribute to data, modelling, and reporting foundations that underpin improvements in pricing sophistication and portfolio management.

Project & Stakeholder Management

• Contribute to or lead projects from end to end, including documentation and implementation of final pricing solutions.
• Provide regular project updates and build strong working relationships across Commercial Pricing teams and stakeholders.

Learning, Mentorship & Leadership

• Commit to continuous professional development and progression through actuarial exams.
• Review peer work and provide constructive feedback on reasonableness, completeness, and accuracy.
• At senior levels, mentor actuarial colleagues and provide technical guidance within Commercial Pricing.

Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related discipline.
• Progress toward actuarial designation under the CAS or CIA, aligned with level. Actuarial experience in pricing is an asset.
• Experience with Commercial Auto, Commercial P&C, Farm, or similar commercial products is an asset.
• Strong analytical skills and attention to detail when working with complex datasets.
• Proficiency with Excel and actuarial or analytical tools; experience with SQL, R, Python, or similar languages is an asset.
• Experience with pricing tools (e.g. Radar, Emblem, Classifier) and/or machine learning techniques is an asset.
• Strong written and verbal communication skills, with the ability to explain actuarial and pricing concepts to non technical audiences.
• Ability to collaborate effectively, build trust across teams, and proactively identify and raise issues.

#LI-AF1 #LI-Hybrid

Diversity Equity, Inclusion & Belonging

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.