Actuarial Intern
Job ID: 8500
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: $50, 000- $80, 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; Wawanesa, MB; Vancouver, BC; Calgary, AB; Edmonton, AB; Lethbridge, AB; Toronto, ON; Kitchener, ON; Thunder Bay, ON; Ottawa, ON; Montreal, QC; Moncton, NB; Dartmouth; NS
The Wawanesa Mutual Insurance Company (“Wawanesa Mutual”), founded in 1896, is one of Canada’s largest mutual insurers, with over $3.5 billion in annual revenue and assets of $10 billion (CAD). Wawanesa Mutual, with its National Headquarters in Winnipeg, is the parent company of 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 1.7 million members in Canada, and we are home to more than 3,600 employees distributed across the Canadian regions and communities where we operate. We give back to organizations that strengthen communities, donating more than $3.5 million annually to charitable organizations, including over $2 million annually in support of people on the front lines of climate change. To learn more visit wawanesa.com.
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
At Wawanesa Insurance, we don’t just predict the future – we shape it. As an industry leader, we are driven by innovation, creativity, and commitment to excellence. Our diverse team of actuarial experts work together to solve complex challenges and drive meaningful impact. We are looking for passionate and talented individuals who are ready to jumpstart their careers and make a difference. We are hiring several Actuarial intern positions for both our Property & Casualty and Life operations. The role provides a high degree of autonomy and will focus on the application of actuarial techniques to a broad spectrum of insurance products.
If you love a challenge and are open to learning in a dynamic and growing organization that allows for exposure to a variety of core actuarial functions, consider this opportunity
Role Summary
Working with a high degree of autonomy, the Actuarial Intern will provide contributions to the actuarial group based on knowledge from the actuarial exam system, and prior relevant academic or work experience. They will apply their knowledge to actuarial analysis in the pursuit of solving business problems and answering business questions.
Role Responsibilities
Data Collection
- Research, extract, and manipulate complex data from relevant sources
- Identify relationships, problems/issues, and assess data quality
Actuarial and Statistical Methods
- Perform analysis/reviews as assigned
- Incorporate, understand, and transfer knowledge of current methods, while ensuring completeness and accuracy
- Create and validate models to answer business questions as assigned
Efficiency
- Identify opportunities for automation of routine tasks
- Develop creative new approaches to problem solving
Communication
- Develop and deliver presentations to the actuarial groups
Build Business Acumen
- Understanding of both industry and company terminology
Other
- Perform other duties as assigned/requested by the manager/director
Qualifications
Education
- Pursuing Undergraduate University degree in Actuarial Mathematics, Statistics, Mathematics or other related field of study
- Pursuing FCAS or FCIA designation
Skills
Problem Solving
- Ability to apply knowledge of actuarial science, mathematics, probability, statistics, principles of finance and business to problems in insurance
Computer Proficiency
- Ability to translate problem solving methods and ideas to various computer languages efficiently and effectively
- Knowledge of Microsoft Office applications
- Understanding of database systems and how to interpret/extract data from those systems
Communication
- Strong written and verbal communication skills with ability to communicate at the right level of complexity for the audience
Organization
- Ability to handle multiple concurrent assignments in a timely manner
Teamwork and Leadership
- Works efficiently and cooperatively in a team environment
- Involve others when appropriate
- Ask effective questions to elicit detailed and relevant information
We provide our students with a respectful, challenging, and rewarding work environment. As the students are immersed into our collaborative culture and teams, they will learn and develop the skills and practices that will enable them to excel in their industry and their careers.
If you are interested in this exciting, challenging position with Wawanesa, apply today with your Resume, and Transcript through the Wawanesa’s Career Portal by Monday, September 23rd, 2024.
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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 & Belonging
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, jobs@wawanesa.com.
If you are interested in this exciting, challenging position with Wawanesa, apply today with your Resume.
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