Actuarial Manager, Pricing Research & Development

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Actuarial Manager, Pricing Research & Development

Location: Hybrid - Canada, CA

Company: Wawanesa Insurance

Job ID: 7739 

Working Business Language: English; this role is considered a head-office role and will be required to communicate with internal stakeholders across Canada where the primary business language utilized is English.

Salary: At Wawanesa, salary is only one component of a holistic, comprehensive and competitive offering that we provide to our employees. In addition to salary, full-time and part-time permanent employees are eligible for an annual bonus plan, leave of absence top-up programs and provided with generous vacation time, personal days, premium free benefits and pension plan. 

The salary offered for this role is determined with consideration to various factors, including but not limited to: your work location, local labour market conditions, external market salary data, internal pay equity and the knowledge, skills, experience and anticipated proficiency in the role. The salary offered is estimated to be within the following range: $110,000- $170,000. Candidates with salary expectations outside of the range are still encouraged to apply. 


About Us
At Wawanesa, we’re proud to offer a hybrid work environment that offers flexibility to our employees in balancing in-office (2 days per week OR 15 hours per week in a Wawanesa office) and remote work. You may work from any of the following locations: Winnipeg, MB; Vancouver, BC; Calgary, AB; Edmonton, AB; Toronto, ON; Kitchener, ON; Ottawa, ON; Montreal, QC; Moncton, NB; Dartmouth; NS 

The Wawanesa Mutual Insurance Company, founded in 1896, is one of Canada’s largest mutual insurers, with over $4 billion in annual revenue and assets of $12 billion. Wawanesa Mutual, with executive offices in Winnipeg, is the parent company of Wawanesa General, which offers property and casualty insurance in California and Oregon; Wawanesa Life, which provides life insurance products and services throughout Canada; and Western Financial Group, which distributes personal and business insurance across Canada. Wawanesa proudly serves more than two million members in Canada and the United States. Wawanesa actively gives back to organizations that strengthen communities where it operates, donating well above internationally recognized benchmarks for excellence in corporate philanthropy. Learn more at

We are currently looking for dedicated, driven, and enthusiastic individuals who thrive in an environment that welcomes change and are looking for an opportunity for diverse experience and advancement on a growing team.

Job Overview

Wawanesa is looking for an exceptional candidate to take on the role of Manager, Pricing Research and Development in our expanding Pricing Excellence team. This newly created manager role will be responsible for improving our pricing sophistication through leadership of loss cost models, collaborating closely with pricing leaders in leveraging the models to optimize rate changes for our members.


Job Responsibilities

  • Provide oversight in development and maintenance of loss cost models, inclusive of soliciting input from multiple areas of the company.
  • Remain up to date on current accepted methodologies and emerging methodologies in pricing modelling.
  • Lead explorations of new datasets and approaches to continuously improve modelling performance.
  • Ensure procedures are in place to utilize all valuable data necessary for the modelling process and verify its availability, completeness and accuracy.
  • Lead team to operate within a streamlined, consistent, modelling process that enables efficient creation of high performing models.
  • Ensure applicable regulation and data privacy boundaries are appropriately considered, prioritizing the model risk management framework and accepted actuarial practices throughout modelling process.
  • Assist the pricing team towards implementation of optimized refinements to current pricing algorithms and ratemaking methodologies as appropriate to meet the organizational objectives.
  • Manage performance of direct reports inclusive of providing professional and technical guidance, and provide regular performance reviews.
  • Play an active role in the interpretation of data and statistical studies in the pricing area.
  • Perform other duties as assigned, handling special projects as assigned by Director, Pricing Excellence.


  • Undergraduate university degree in Actuarial Mathematics, Statistics, Mathematics or other related field of study.
  • Fellow of the Casualty Actuarial Society an asset.
  • Extensive knowledge and experience in insurance modelling techniques, including GLMs and GBMs.
  • Extensive knowledge of the Property Casualty insurance industry and insurance operations in general.
  • Excellent communication skills both written and verbal.
  • Excellent analytical and problem-solving skills with the ability to understand context and its impact on all issues.
  • Identifies when something needs to be done and proactively initiates action as required.
  • Adapts to change effectively.
  • Develops and implements comprehensive plans that bridge complex issues and span across time.
  • Strong leadership skills with the ability to develop and communicate a vision.

Wawanesa is proud to be one of Manitoba’s Top Employers, a Kincentric Best Employer in Canada and a Forbes Best Employer in Canada recognizing an exceptional place to work!

Diversity, Equity & Inclusion 
Wawanesa is an equal opportunity employer and is committed to fostering a diverse workforce that is equitable and inclusive for all. Wawanesa provides equal employment opportunity to all employees and applicants without regard to an individual’s protected status: race/ethnicity, colour, religion, creed, sex or gender, sexual orientation, gender identity or expression, family or marital status, pregnancy/childbirth or related conditions, national origin, disability, military or veteran status, or any other protected status. Disability or medical-related accommodations are available upon request throughout all aspects of the recruitment and selection process. Candidates requiring reasonable accommodations may contact, in confidence,   


If you are interested in this exciting, challenging position with Wawanesa, apply today with your Resume by visiting our careers site. 

All Wawanesa job applicants are subject to Wawanesa's Privacy Policy. 

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