Actuarial Analyst, Commercial Auto Pricing

Responsibilities

• Maintain and enhance the commercial insurance segmentation strategy and algorithms.
• Support the alignment of technical considerations with business objectives to help drive meaningful outcomes.
• Conduct pricing reviews of various coverages and segments of the commercial business, including reviewing the rating algorithms and rate adequacy, analyzing the business impact of the pricing changes, communicating the analytical results to stakeholders, reaching an agreement on rate actions, and preparing rate filings to the provincial regulators.
• Monitor the performance of the commercial portfolio and on various business initiatives to identify key trends and recommend actions to senior management and the business to achieve profitability and growth targets.
• Maintain and improve actuarial databases/SAS programs.
• Identify data issues and create actions to remedy them.
• Support technical development needed to build and maintain Excel rating tools for the business.
• Communicate analytical results to both technical and non-technical audiences.

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field; equivalent experience will also be considered.
• 1+ years of property & casualty actuarial experience, including internships or co-op placements.
• 2 SOA/CAS exams.
• Strong foundation in mathematics, statistics, and data analysis.
• Proven ability to analyze complex problems, draw insights, and recommend solutions.
• Clear and concise communication skills, with the ability to explain technical concepts to diverse audiences.
• Programming proficiency (e.g., SAS, VBA, or similar tools).