Senior Actuarial Consultant

Company:
Sovereign Insurance
Department:
Pricing and Analytics

Employment Type:

Regular Full-Time
Work Model:
Hybrid
Language:
This role operates in English.
Additional Information:
This/these role(s) is/are currently vacant

As a wholly owned subsidiary of the Cooperators General Insurance company, Sovereign Insurance believes your experience matters. This is our promise to not only our clients but to our employees as well, because we know the strength of our company starts with our people. The smart, curious, and collaborative people who bring their whole heart and passion to work each day.

But you can’t pour from an empty cup; we take care of the well‑being of our people so that they are inspired to protect Canadian businesses and the lives, families, and communities we impact. Join us and begin shaping your experience at Sovereign.

Reporting into the Actuarial Services Manager/Director, the Senior Actuarial Consultant will lead corporate, pricing, and research initiatives that strengthen Sovereign Insurance’s actuarial capabilities. You will play a critical role in delivering accurate analysis, innovative modeling, and strategic insights that inform pricing, reserving, and financial risk management decisions. Working collaboratively with cross-functional teams, you will ensure actuarial standards are upheld while driving solutions to complex challenges and contributing to the long‑term financial strength of the organization.

• Lead actuarial projects including rate change implementations, reserve analysis, DCAT studies, and other strategic initiatives.
• Develop and enhance actuarial models to support corporate, pricing, and research objectives.
• Analyze and interpret management information to provide actionable insights for decision‑making.
• Collaborate with internal partners and other P&C companies within The Co‑operators Group to address actuarial issues and share best practices.
• Maintain and validate data sources, ensuring accuracy and integrity for actuarial projects.
• Build strong relationships with Business Intelligence and Data teams to align actuarial requirements with system development.
• Prepare clear and concise internal and external communications, simplifying complex actuarial concepts for diverse audiences.
• Coach and mentor less experienced colleagues, fostering knowledge sharing and professional growth.
• Identify innovative solutions to emerging actuarial challenges and contribute to process improvements.
• Ensure compliance with actuarial standards of practice and corporate governance requirements.

• You thrive on delivering our exceptional client experience through positive and engaging relationships; embracing accountability to achieve effective results.
• You ensure your day‑to‑day actions are in harmony with the company’s purpose, vision, and values even when challenged.
• You will support and guide others through changing conditions and encourage the exploration of new opportunities or innovations.
• You value and encourage others to have cooperative and collaborative dialogue because diverse perspectives offer more creative and productive solutions.

• University degree in Mathematics or Actuarial Science.
• Minimum six (6) years of experience in the property and casualty actuarial field preferred.
• Successful completion of at least two actuarial exams and actively pursuing ACAS or FCAS designation (completion is an asset).
• Strong technical skills in actuarial techniques and familiarity with relevant software tools.
• Advanced proficiency in Microsoft Office; SAS knowledge is preferred.
• Excellent problem‑solving skills and ability to simplify complex actuarial concepts for broad audiences.
• Comprehensive understanding of P&C insurance products, marketplace dynamics, and regulatory environment.
• Strong oral and written communication skills, with the ability to influence and collaborate effectively across teams.

• You will be subject to a Background check as a condition of employment, in the event you are the successful candidate.
• Detail oriented work that requires a high degree of mental concentration for extended periods of…