Senior Actuarial Analyst

Company: Sovereign Insurance

Department: SOV - Pricing and Analytics

Employment Type: Regular Full-Time

Work Model: Hybrid (2 days in office)

Language: This role operates in English.

The Opportunity:

At Sovereign Insurance, a wholly owned subsidiary of The Co-operators General Insurance Company, we believe leadership is shaped by purpose, collaboration, and meaningful contribution. When you grow, we grow — your success crowns ours.

We value diverse perspectives, bold ideas, and people who lift others up. Here, your initiative matters, and your efforts help build the resilience of the Canadian businesses and communities we serve.

That shared commitment strengthens our culture and moves us forward — together. That’s the Crown Effect.

As a Senior Actuarial Analyst, you are a key player to support pricing initiatives. You will work collaboratively with actuarial teams and business partners to support actuarial projects to ensure the profitability of property and casualty (P&C) lines of business.

How you will create impact:

• Participating in a variety of pricing projects, including analyzing portfolio profitability, developing and improving rating algorithms, impact analysis, and supporting rate implementation.
• Working with advanced modeling software, various data sources and programming languages to contribute to strategic objectives.
• Communicating actuarial concepts to business partners and maintaining documentation of key actuarial functions.
• Improving existing actuarial practices and procedures in alignment with emerging trends and best practices in the insurance industry and actuarial landscape.
• Leading small to medium sized projects within the team, including developing, following, and reporting on timelines.
  
  

To join our team:

• You have completed a post-secondary degree in Mathematics, Actuarial Science or related discipline.
• You have 2 years of experience in the Property and Casualty field, with relevant experience in actuarial pricing
• You have working knowledge of modeling software and programming languages.
• You have experience supporting actuarial pricing project, and or rating solution.
• Knowledge of natural catastrophic perils and/or commercial insurance product is an asset.
• Having or working towards the ACAS or FCAS designations is an asset.
• Proficiency in English is essential to the main duties in this role, including servicing and communicating primarily with majority non-francophone clients, groups, teams. Drafting complex English documents and preparing daily reports for anglophone leaders. The essential non-French duties are not assignable to adjacent or other team members.
  
  

How you will succeed:

• 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 are open and adaptable to changing conditions with a natural curiosity to explore and try new approaches.
• You value cooperative and collaborative dialogue because diverse perspectives offer more creative and productive solutions.
  
  

What you need to know:

• You will be subject to a Background check as a condition of employment, in the event you are the successful candidate.
  
  

What’s in it for you?

• Room to grow with confidence — build your career, contribute your ideas, and see the impact of your work.
• A culture that values you — inclusive, collaborative, and respectful, where different perspectives are encouraged and heard.
• Rewards that recognize you and the work you do - competitive salary and variable compensation, benefits and pension, paid time off, development and recognition programs.
• Support for your well-being — a holistic approach to physical, mental, social, and financial wellness.
• Pride in purpose — being part of a Canadian organization dedicated to protecting Canadian businesses and the communities they serve while giving back through volunteering, donations, and national initiatives that help build a more sustainable future.
  
  

Salary information

Expected salary range $69,660 to $116,100

Salary placement

The salary amount for the successful candidate is determined by Sovereign in its discretion and will vary depending on several criteria including but not limited to: local market conditions, geography and relevant job-related factors such as knowledge, skills, qualification, experience and education.

Incentive pay

Employees may also have the opportunity to participate in incentive programs and earn additional compensation tied to individual and/or business performance, or other business metrics.