Actuarial Analyst, Group Insurance
Job Description & How to Apply Below
Role and responsibilities Analysis of renewal terms and negotiations with insurers;
Preparation of requests for proposals, analysis of bids (including financial projections and contractual variances), and recommendations;
Periodic review of claims experience and projection of future renewals;
Analysis of group insurance plans (coverage, claims history, calculation of total costs including employee taxes and employer payroll taxes);
Determination of premiums and taxable benefits per pay period;
Drafting of various documents for clients, their employees, and insurers;
Use of and participation in the continuous improvement of our internal IT tools.
Requirements Bachelor’s degree in actuarial science or a related field, or relevant experience in group insurance;
5 to 10 years of experience in group insurance plan underwriting;
Consulting experience (an asset);
Excellent proficiency in Excel and good knowledge of other MS Office tools;
Functional bilingualism in French and English;
Fellow status with the Canadian Institute of Actuaries or the SOA, or expected to achieve it soon (an asset).
Desired skills Team spirit and a collaborative attitude;
Exemplary attention to detail, organizational skills, and strong analytical skills;
Oral and written communication skills.
Benefits ACT Competitive compensation;
Excellent group insurance and retirement savings plans;
Personal time off;
Company-provided cell phone and laptop.
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