Job Description

Join Us as a Junior Actuarial Analyst

Who We Are

Tokio Marine Canada (TMCan) is a Canadian early-stage entrepreneurial commercial P&C insurer based in Toronto. We partner with select brokers to deliver tailored business insurance solutions across Canada. As part of the Tokio Marine Group, we are able to collaborate under a shared framework while maintaining autonomy and local decision making.

We support Canadian businesses in taking smart risks by delivering practical insurance solutions and exceptional service through trusted broker partnerships.

The Opportunity

We're looking for a Junior Actuarial Analyst to join our team, reporting directly to the VP, Actuarial. This role will support key actuarial tasks aimed at improving efficiency and accelerating project delivery. The primary focus will be on reserving and data analytics, with opportunities to contribute to other actuarial areas such as pricing, capital modeling, and reinsurance.

This position offers exposure to a variety of actuarial initiatives, providing exceptional learning opportunities and a strong foundation for future career growth.

What You'll Be Doing

Active participation in the reserving process under the supervision of VP Actuary: data manipulation and preparation, data ingestion of reserving specialized software, reserve analysis, reserve documentation preparation, reserving outputs. Supporting on building and updating automated Actuarial Review/Evaluation of programs, products and Lines of business. Data preparation to support several key actions: data lake, Appointed Actuarial Report, Financial Condition Testing, Reinsurance, etc Support in preparing key metrics for management reports including key performance and key risk indicators. Participation in updating rates and raters, including implementation of them in the system (including participating in testing phases).

Who You Are

You're an analytical thinker with a passion for turning data into insight. You thrive in a fast-paced environment and are eager to contribute to actuarial projects that span reserving, data analytics, and beyond. You're comfortable working with complex datasets, collaborating across teams, and adapting quickly to shifting priorities. You take initiative in streamlining processes and are excited by opportunities to learn, grow, and make a meaningful impact in a dynamic actuarial setting.

You bring:

An Undergraduate Degree in Actuarial, Statistics or Mathematics 1 year of relevant and progressive experience in the area of Actuarial and/or P&C Insurance Exams from CAS (Casualty Actuarial Society) and/or CIA (Canadian Institute of Actuaries). Other actuarial society exams might be accepted, but on a case-by-case. Strong Excel and Office Suite skills Data manipulation and basic analytical capabilities Basics from any one of the following programming languages: VBA, R, Python, SQL. Basics from any one of the following dashboarding/data visualization software: Power BI, Snowflake, Tableau. Basics of insurance pricing and reserving Basics of finance and accounting Excellent written and verbal communication skills in English required; fluency in French preferred but not required.

Life at Tokio Marine Canada

At TMCan, we're a relationship company. We value collaboration, innovation, and inclusion, where every voice matters and every team member makes an impact. We believe in flexibility, authenticity, and growth: because when our people thrive, so does our business. TMCan offers the unique opportunity to work side by side with senior leaders, gaining direct exposure to strategic decision-making and business planning.

Our

CARE values

guide everything we do:

Collaborative:

We communicate openly, support one another, and work as one team.

Achieving Excellence:

We challenge the status quo and exceed expectations.

Responsive:

We anticipate needs and deliver timely, exceptional service.

Ethical & Respectful:

We act with integrity and empower our people to do the right thing.

Our Commitment to an Inclusive and Respectful Workplace

At TMCan, we are deeply committed to fostering a culture of equity, diversity, and inclusion. We strive to create a workplace where every individual is welcomed, respected, and valued for their unique identity and perspective. By embracing our differences and learning from one another, we aim to build a positive and empowering environment for all.

Tokio Marine Canada was proudly recognized as one of the Best Places to Work in Canada by Canadian HR Reporter in 2024. We work in a hybrid model, and you should expect to split your time between working in the office and working remotely, with flexibility based on the role and the business needs. We currently have an office in downtown Toronto and will eventually be establishing offices in other provinces. Should you currently work in a province where we do not have an office, you will remain remote until such time as we do establish an office. Tokio Marine Canada is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if TMCan hires that candidate.