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Actuarial Analyst – Pricing

🕒 September 2

🇨🇦 Canada – Remote

💵 $58k - $66.5k / year

⏳ Contract/Temporary

🟢 Junior

🟡 Mid-level

💰 Pricing Analyst

🚫👨‍🎓 No degree required

Where this job comes from

Posted on Blue Cross of Canada's careers page, not through a job board

First seen by Remote Rocketship September 2

Logo of Blue Cross of Canada

Blue Cross of Canada

1 - 10 employees

Founded 1938

✈️ Travel

🏥 Healthcare

🛡️ Insurance

Travel • Healthcare • Insurance

Blue Cross of Canada is a national association of independent Blue Cross plans providing health, travel, life and group insurance products and related member savings programs across Canada. Founded in 1938, it serves millions of Canadians with individual and employer-sponsored benefits including health, prescription, dental, vision, travel and term life insurance, and partners with community organizations for charitable initiatives.

📋 Description

• Build, maintain, and enhance AXIS pricing models for individual life insurance products • Update assumptions and develop model inputs and outputs • Perform sensitivity and scenario testing • Perform actuarial analyses supporting new product development, product enhancements, and pricing initiatives • Evaluate pricing outcomes, experience studies, and market trends • Provide insights and recommendations supporting product design and pricing decisions • Collaborate with actuarial, product, finance, operations, and other business areas • Support reinsurance activities by preparing quotation information, reviewing pricing analyses, and evaluating reinsurance arrangements • Develop and maintain reporting and analysis on product profitability, emerging experience, and business and industry trends • Contribute to implementation, validation, and testing of new products and product changes in quotation tools and administrative systems • Identify opportunities to improve actuarial models, tools, and processes

🎯 Requirements

• Completion of at least two actuarial exams and active progress toward an ASA and ACIA designation • 2+ years of actuarial experience, ideally within individual life insurance pricing, product development, or a related area • Experience using AXIS to develop and modify models, perform pricing analyses, and conduct sensitivity and scenario testing • Advanced Excel skills, including experience with complex spreadsheets and formulas • Experience with VBA is considered an asset • Strong analytical, problem-solving, and critical-thinking skills • Ability to translate complex actuarial findings into clear business insights • Ability to work independently and collaborate effectively with cross-functional teams • Exposure to reinsurance and/or IFRS 17 is considered an asset • English is required, written and verbal, to provide services to customers and communicate with internal stakeholders • Bilingualism (ENG/FR) is considered an asset

🏖️ Benefits

• Flexible work arrangements: remote from anywhere in Canada, hybrid, or in person from Montreal or Moncton offices • Potential for the 18-month contract to become permanent based on business needs • Performance-based incentive programs for eligible employees, subject to individual and organizational results • Continuous learning and professional development opportunities • Accommodation throughout the recruitment, selection, and assessment process for applicants with disabilities

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