Actuarial Analyst

Richmond, BC, Canada

Job Description


OverviewAre you a self-driven individual with experience calculating liabilities and assessment rates? We have an opportunity for an Actuarial Analyst to join our actuarial team at our Richmond office.In this role, you\xe2\x80\x99ll report to the Associate Actuary in the Actuarial Services Department. This role provides a wide range of actuarial/financial analysis and decision support to achieve WorkSafeBC\xe2\x80\x99s objectives of sound financial reporting, fairness in the risk classification and assessment of employers, and early identification and communication of emerging claims trends.How you\xe2\x80\x99ll make a difference: You\xe2\x80\x99ll help protect the financial integrity of B.C.\xe2\x80\x99s workers\xe2\x80\x99 compensation system, ensuring we serve British Columbians now and in the future.Where you\xe2\x80\x99ll workWorkSafeBC, we offer a hybrid work model that combines the convenience of working remotely with the dynamism of working in one of our offices, based on the operational needs of the position.What you\'ll do

  • Research, analyze and provide solutions on various actuarial / finance issues
  • Develop and maintain current in-depth knowledge of WorkSafe BC\xe2\x80\x99s databases and expertise with data query and WorkSafe BC\xe2\x80\x99s financial statements
  • Assist in calculating the actuarial liabilities
  • Assist in calculating the annual assessment rates
  • Assist in financial modeling using tools such as database queries, statistical applications, actuarial formulae, etc
  • Create formal reports, presentations and submissions summarizing and interpreting analytical results
Is this a good fit for you?We\xe2\x80\x99re looking for someone who can:
  • Research and prepare actuarial analysis reports, statistical tables and graphs
  • Gather information, identify issues, logically analyze problems and generate solutions
  • Excellent communication and presentation skills, with the ability to communicate effectively with non-actuarial areas of WorkSafe BC
  • High attention to details
  • Willingness to report results in an unbiased manner
Your background and experience
  • An undergraduate degree in Actuarial Science, Statistics, Mathematics or any related field
  • Proficiency in Microsoft Excel, and working knowledge in SQL and Microsoft Access
  • Basic knowledge of financial statements
  • Successful completion of two or more actuarial exams of the Society of Actuaries or Casualty Actuarial Society
  • A minimum of one year of recent directly related work experience
  • Knowledge and experience of machine learning will be an asset
We\xe2\x80\x99ll consider an equivalent combination of education and experience.Important to knowBefore we can finalize any offer of employment, you must:
  • Confirm you\xe2\x80\x99re legally entitled to work in Canada
WorkSafeBC\xe2\x80\x99s COVID-19 Employee Mandatory Vaccine Policy (the \xe2\x80\x9cPolicy\xe2\x80\x9d) is suspended effective January 9, 2023, however we reserve the right to re-implement it in response to changes in the public health landscape, including public health orders. We are committed to the protection, health, and safety of our employees and our Communicable Disease Prevention Program and related protocols remain in effect.Who we areAt WorkSafeBC, we promote safe and healthy workplaces across British Columbia. We partner with workers and employers to save lives and prevent injury, disease, and disability. When work-related injuries or diseases occur, we provide compensation and support injured workers in their recovery, rehabilitation, and safe return to work. We\xe2\x80\x99re honoured to serve the 2.49 million workers and 263,000 registered employers in our province.What\xe2\x80\x99s it like to work at WorkSafeBC?It\xe2\x80\x99s challenging, stimulating, and rewarding. Our positions offer diversity and opportunities for professional growth. Every day, the work we do impacts people and changes lives. What we do is important, and so are the people we do it for.Our ability to make a difference relies on building a team with a rich variety of skills, knowledge, backgrounds, abilities, and experiences that reflects the diversity of the people we serve. We are committed to fostering a welcoming, inclusive, and supportive work culture where everyone can contribute as their best, authentic self.Learn more: Discover .Our benefitsAs a member of our team, you\xe2\x80\x99ll have access to services and benefits that help you get the most out of work \xe2\x80\x94 and life. Along with a competitive salary of $37.37 - $47.06 hourly, your total compensation package includes:
  • Defined benefit pension plan that provides you with a lifetime monthly pension when you retire
  • 3 weeks of vacation in your first year, with regular increases based on years of service
  • Extensive health care and dental benefits
  • Optional leave and earned-time-off arrangements
  • Development opportunities (tuition reimbursement, leadership development, and more)
Learn more: Find out .Salary: $37.37 - $43.57/hourlyWant to apply?
  • Applications are welcomed immediately, however must be received no later than 4:30 p.m. PST on the closing date.
  • Please note that we will be starting assessments prior to the closing date.
We encourage all qualified applicants to apply. If you require an accommodation in the assessment process, please email when you submit your application.Application requirements:In addition to your resume, please submit:
  • A transcript identifying they have successfully completed two or more exams of the Society of Actuaries or Casualty Actuarial Society
  • Cover letter
Any additional application materials must be received by email to by 4:30 p.m. PST on the closing date of the competition.

WorkSafeBC

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Job Detail

  • Job Id
    JD2286586
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    $37.37 - 43.57 per hour
  • Employment Status
    Permanent
  • Job Location
    Richmond, BC, Canada
  • Education
    Not mentioned