Actuarial Analyst Manager - Jobs in Winnipeg, MB

Job Description

COMPANY PROFILE: Red River Mutual is considered one of Insurance Business Canadas Top Insurance Workplaces of 2020!We are a progressive property & casualty insurance company with a focus on our customers and employees. We believe everyone has a right to feel safe and protected, and to know that someone is looking out for them. So we treat our employees like family members – we’ll be honest with them, support them, offer a listening ear, admit when we’re wrong and be a positive force in their lives and in our communitiesLOCATION: Altona, Winnipeg or Virtual (Manitoba)SCHEDULE: Full-TimeREPORTS TO: VP Data and AnalyticsDIRECT REPORTS: Actuarial AnalystsCOMPANY PROFILE: Red River Mutual is a progressive insurance company with a focus on our customers and employees. We believe everyone has a right to feel safe and protected, and to know that someone is looking out for them. So, we treat our employees like family members – we’ll be honest with them, support them, offer a listening ear, admit when we’re wrong and be a positive force in their lives and in our communities.PURPOSE OF POSITION: The Actuarial Analyst Manager is instrumental in the success of building out the in-house actuarial expertise within Red River Mutual. In this role you will be responsible for providing leadership to their team, developing, and executing on optimal pricing strategies. The successful candidate will participate actively in the updating of cutting-edge pricing techniques in a way that minimizes the adverse impact on customers, and spurs profitable growth while contributing to the development in management, financial and actuarial data, models, or tools.HOW DO YOU KNOW THIS IS FOR YOU

• You are excited about building and supporting an actuarial department for the organization and being an integral part in developing our actuarial vision and strategy
• You like challenging the status quo in actuarial pricing and analytics and are willing to “roll up your sleeves” to make it happen
• You want to apply your knowledge to support a rapidly growing company
• You thrive in working in a small tight-knit team
• You are a proven people leader that mentors and empowers teams to get stuff done

KEY RESPONSIBILITY AREAS:

• Provide expertise on various databases, programming languages and modeling software to contribute to actuarial strategic objectives.
• Use advanced modeling techniques and actuarial analysis techniques to develop rate indications and segmentation models for all our lines of business.
• Lead pricing reviews for all lines of business; make quality recommendations and provide implementation support when required.
• Produce and analyze reports that monitor the evolving trends in the book of business and recommend rating and underwriting actions based on observations.
• Lead monitoring activities to assess the quality of our insurance portfolio, and track the rates, market share and insurance results of our competitors.
• Maintain, modify, and validate predictive statistical models; interpret the model results to leaders.
• Develop management, financial and actuarial data, models, or tools.
• Understand, build and improve the pricing algorithms for our products using modern modeling techniques.
• Maintain, develop, and validate actuarial reports to meet business needs.
• Support the business and overall team by providing general analytical support to the Actuarial function.

• Research, extract, and manipulate complex data from all relevant sources. Identify relationships, problems/issues, and assess data quality.
• Analyze the needs of business partners, researching multiple data sources and identifying actuarial requirements to design innovative solutions for complex challenges.
• Communicate analysis insights and decisions to business leaders. Translates actuarial. analysis to understandable business metrics fit for audience.
• Propose quality solutions and provide implementation support when required.
• Take ownership of product structure, algorithms, pricing tables and rules in all systems and maintaining actuarial best practices.

*Leadership:*

• To motivate, coach and hold accountable staff under your direction in the business.
• Administer timely performance reviews, assessing needs for education, rewards and setting direction.
• Embody and influence the organization to have the following leadership competencies:

Leadership CompetenciesTeam Player/CollaborationWork collaboratively with colleagues, actively contributes to task teams. Gather input, genuinely value others’ ideas and expertise; willing to learn from others. Support and act in accordance to group decision. Work with others to resolve conflicts, by using problem solving and communication competencies.Strong Communication Skills/Interpersonal skillsSpeak and write clearly and effectively. Listen to others, asks questions to clarify and demonstrates skills in dialogue. Tailors language, tone, style and format to match the audience.Emotional IntelligenceUnderstand the non-verbal cues during an interaction, and adjust communications accordingly.*Respect Diversity*Understand it takes people with different ideas, strengths, interests, and cultural backgrounds to make our company succeed. We encourage healthy debate and differences of opinion.Nurtures growthCommitted to ongoing improvement of your own skills as well as your employees. Look for opportunities to coach/mentor your employees to produce the leaders of tomorrow.Decision Making/Problem Solving/Critical ThinkingIdentifies key issues in complex situations, and comes to the heart of the problem quickly. Gathers relevant info, consider impact, makes decision and propose course of action. Drive business results by using sound critical thinking skills and initiative to make it happen.Motivate and Inspire PeopleInspire and motivate others to be empowered by providing constructive feedback and mentorship, delegate’s responsibility, clarifies expectations, provides information, reviews work and provides feedback. Shows appreciation for effort and achievement. Give autonomy in important areas of their work and involves them when making decisions that affect them.*QUALIFICATION AND SKILLS:*

• Minimum education of a university degree in Actuarial Mathematics, Statistics, Mathematics or another related field of study;
• 5 + years of actuarial analysis experience.
• ACAS or FCAS is preferred or actively working towards.
• Experience working with predictive analytic tools and techniques.
• Experience in Python and R would be considered an asset.
• Excellent written and oral communication and interpersonal skills in business and user-friendly language;
• Process driven with ability to document, maintain and adhere to standards, procedures, and processes;
• Adaptable and flexible to changing business needs and priorities;
• Exceptional planning, organization and prioritization skills;
• Highly motivated work ethic and able to be self-directed to complete tasks;
• High attention to detail and quality standards;

We thank all applicants for their interest; however only those selected for an interview will be contacted.Job Type: Full-timeQuick Apply

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