At Equitable, we believe work should be a place where you feel supported, inspired, and empowered to grow. In our caring and collaborative environment, your curiosity is encouraged, your passion is recognized, and your contributions truly matter. Together, we create meaningful impact; for our clients, our communities, and each other.
The Opportunity: At Equitable, our focus is on making a meaningful impact in the lives of Canadians by putting clients at the heart of everything we do. We lead with empathy, act with intention, stay curious, and support one another every step of the way. If you're looking for purpose-driven work in a collaborative and inclusive environment where your voice is heard, and your growth is encouraged we’d love to connect. We are looking to add an Actuary, Group Experience Monitoring and Assumptions to our Actuary team!
Join one of the Waterloo Area’s Top Employers for 2025 and Southwestern Ontario’s Top Employers for 2024 and be part of something that matters.
Position Title: Actuary, Group Experience Monitoring and Assumptions
Reports To: Director, Group Actuarial Financial Management
Department: Group Actuarial
Term: Permanent Full-Time
Work Arrangements: This is a hybrid role. You will work in our office in Waterloo, ON a minimum of two (2) assigned, consecutive days every other week, plus a fifth (5th) assigned day per month. You are welcome to work from the office more than the minimum requirement and there may be some roles that are required to work in our office more than the minimum requirement.
What you will be doing:
Identify and understand meaningful trends in experience including claims, expenses and discounting
Review experience, and recommend pricing and valuation assumption updates, to address emerging experience trends and market changes
Provide support for new product initiatives, through valuation and pricing assumption development
Build monitoring reporting and framework for identifying key risks, and prioritizing assumption reviews
Provide insights from external studies and competitive pricing information
Support the business leaders in developing monitoring and claims forecasting analytics to help drive operational efficiencies
Work with the Corporate Experience Studies team to develop best practices and look for opportunities to partner with them on experience studies for Group
What you will bring:
Require degree in Mathematics or equivalent and completion of FSA, FCIA requirements or equivalent (or near completion of FSA/FCIA). Candidates who are still progressing toward these designations will be considered for a level appropriate to their experience and exam progress.
Minimum 3 years insurance experience, including experience in Group is preferred
Require experience in experience analysis to support actuarial assumption reviews and product pricing updates
Advanced skills in Excel and other actuarial tools
Strong analytical, organizational and project management skills
Strong communication and interpersonal skills
What’s in it for you:
A workplace where care, passion, and curiosity aren’t just values, they’re how we work, grow, and succeed together every day;
A healthy work-life balance with employee wellness top of mind;
Annual bonus program, annual vacation allowance, and company-paid benefits program;
Generous vacation package with one volunteer day to give back to a charity of your choice;
Immediate enrollment in the company’s pension program with employer matching;
Employee resource groups that support an inclusive work environment;
Tuition support and specialized program assistance;
An onsite full-service cafeteria with a variety of daily options;
Discounts on company products and services, and access to exclusive employee perks;
Regular EQ Together events focused on company togetherness and collaboration.
As part of the recruitment process, candidates may be asked to complete an assessment and will be required to undergo background screening, in accordance with company policy.
This position is available due to an existing vacancy.
We're dedicated to inclusive and accessible hiring practices. If you require accommodations or alternative formats, please contact us at careers@equitable.ca.
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