Actuarial Specialist

At Gore Mutual, we’ve always set ourselves apart as a modern mutual that does good. Now, we’re proudly building on that legacy to transform our company—and our industry—for the better.

Effective January 1, 2026, Gore has joined Beneva—the country’s largest mutual insurance company—as part of its Property & Casualty operations in Ontario and Western Canada. During 2026, Gore will combine its operations with Unica Insurance, Beneva’s Ontario-based subsidiary specializing in niche commercial and personal insurance, creating a stronger, more diversified mutual insurer with greater scale and long-term stability.

Every decision and investment remains anchored in long-term benefits to customers, members, and communities. Come join us.

The Actuarial Specialist is responsible for leading the pricing analyses, rating structures and predictive analytics solutions as an independent contributor. The role applies advanced actuarial knowledge to support business decision-making, regulatory requirements, and enhancing pricing methodologies while providing technical guidance and mentorship to less experienced team members. The Actuarial Specialist reports to the Actuarial Manager and works in conjunction with less experienced analysts.

• Lead complex pricing analyses and investigate trends impacting profitability, growth, retention, and rate adequacy.
• Develop and enhance pricing methodologies, rating structures, and actuarial assumptions used in insurance products.
• Review pricing results for reasonableness and identify opportunities to improve portfolio performance.
• Communicate pricing recommendations and business impacts to management and key stakeholders.

• Develop, maintain, and enhance pricing models, including GLMs, machine learning models, and predictive analytics solutions.
• Analyze portfolio performance, rate level indications, dislocation impacts, retention, and new business growth.
• Conduct scenario testing to quantify the impacts of pricing, underwriting, and market changes.
• Recommend enhancements to pricing models, segmentation strategies, and rating algorithms.

• Monitor market trends, competitor pricing, and emerging industry developments.
• Support development and implementation of pricing strategies aligned with profitability and growth objectives.
• Evaluate new products, coverages, discounts, and underwriting initiatives.
• Provide recommendations to improve product competitiveness and customer value propositions.

• Design, build, and maintain actuarial pricing models and automated analytical processes.
• Develop solutions using actuarial software, SQL, Python, R, Earnix, or other analytical tools.
• Improve efficiency through automation, data visualization, and process optimization.
• Evaluate emerging analytical techniques and industry best practices in pricing and predictive modelling.

• Support rate filings and regulatory approval processes.
• Prepare technical documentation, exhibits, and actuarial support for pricing initiatives.
• Ensure pricing analyses comply with regulatory requirements, actuarial standards, and internal governance practices.
• Contribute to implementation and monitoring of approved rate changes.

• Act as a subject matter expert for pricing projects and strategic initiatives.
• Provide technical guidance, mentoring, and peer review support to analysts and senior analysts.
• Assist with training, knowledge sharing, and development of pricing team capabilities.
• Continue professional development through CAS/FCIA progression and industry research.