Actuarial Analyst II

At ICBC, it’s our job to make sure the car insurance system works for all British Columbians, today and in the future. If you want to make the most of your skills and expertise while growing your career, we want you. A career at ICBC is an opportunity to be part of a talented, diverse and inclusive team that is driven to serve its customers and community. You can expect a competitive salary, comprehensive benefits and a collaborative work environment. If you are reliable and dependable, contact us today to be part of our talented and diverse team as we work together to create an insurance system we can all be proud of.

We welcome applications from all qualified job seekers. If you are a job seeker with a disability, please let us know as adjustments can be made to help support you in delivering your best performance.

Position Highlights

If you are interested in working for one of BC’s largest corporations and one of Canada’s largest property and casualty (P&C) insurers, ICBC is looking to bring an Actuarial Analyst II to their product and rate making team. Working within our larger Insurance Pricing and Regulatory Affairs department.

The product and rate making team is responsible for rate requirement for both Basic and Optional Insurance products, pricing recommendation for new products or enhancement to existing products, as well as assisting the corporation to make data driven decisions. The team work closely with a wide range of technical and non-technical teams, such as Corporate actuarial, underwriting, product development, and policy.

On a rotational basis, you will have responsibility for:

• Assessing the actuarial rate indications

• Drafting revenue requirements applications to our regulators

• Analyzing premium and loss trends and developing actuarial assumptions for planning and budgeting

• Developing and refining pricing for emerging market segments

• Developing pricing for new products

• Assessing potential impacts from short and long term financial risks.

Other duties may also be assigned depending on the successful candidate’s training and experience.

Formal rotation opportunities exist in the reserving, actuarial financial reporting, predictive modeling and portfolio monitoring areas, as well as a number of non-actuarial analytics areas.

Position Requirements

• You have a post-secondary degree and a solid knowledge of actuarial principles along with 2+ years' experience in a variety of actuarial work areas.

• You are also close to or have completed all the preliminary actuarial exams.

• Known for being a team player, your excellent verbal and written communication skills will be complemented by a solid analytical skills and critical thinking.

• Advanced knowledge of MS Excel will be required while exposure to Visual Basic, SAS or other programing languages are considered assets.

Position Information

• Only candidates legally entitled to work in Canada will be considered for this position.

• As announced by the Provincial government, all ICBC employees will be required to show proof of full Covid-19 vaccination.

• Competitive salary & benefits; we are committed to providing industry competitive and benefits.

• Hybrid of on-site and working from home; we offer flexible working arrangements as we continue to support our employees in balancing their career and family commitments.

ICBC continues to be recognized as one of BC's Top Employers. We hire great people for phenomenal jobs, come join our team!

Similar searches: British Columbia, Actuarial Candidate, Financial – Insurance