Actuarial Analyst, Group Insurance

Actuarial Analyst, Group Insurance

Job type
Permanent / Full time (37,5 hrs)
Workplace
Laval or Quebec City
Work mode
Hybrid (onsite and remote work)

Job description

Reporting to the Vice President of Group Insurance, the job holder will serve as a group insurance analyst and will work closely with other analysts, as well as with the firm’s consultants and actuaries.

Role and responsibilities

  • Analysis of renewal terms and negotiations with insurers;
  • Preparation of requests for proposals, analysis of bids (including financial projections and contractual variances), and recommendations;
  • Periodic review of claims experience and projection of future renewals;
  • Analysis of group insurance plans (coverage, claims history, calculation of total costs including employee taxes and employer payroll taxes);
  • Determination of premiums and taxable benefits per pay period;
  • Drafting of various documents for clients, their employees, and insurers;
  • Use of and participation in the continuous improvement of our internal IT tools.

Requirements

  • Bachelor’s degree in actuarial science or a related field, or relevant experience in group insurance;
  • 5 to 10 years of experience in group insurance plan underwriting;
  • Consulting experience (an asset);
  • Excellent proficiency in Excel and good knowledge of other MS Office tools;
  • Functional bilingualism in French and English;
  • Fellow status with the Canadian Institute of Actuaries or the SOA, or expected to achieve it soon (an asset).

Desired skills

  • Team spirit and a collaborative attitude;
  • Exemplary attention to detail, organizational skills, and strong analytical skills;
  • Oral and written communication skills.

Benefits ACT

  • Competitive compensation;
  • Excellent group insurance and retirement savings plans;
  • Personal time off;
  • Flexible work schedule policy;
  • Remote work (hybrid model);
  • Company-provided cell phone and laptop.

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