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If you are interested in working for one of BC’s largest corporations and one of Canada’s largest property and casualty (P&C) insurers, ICBC is looking to bring an Actuarial Analyst I to their Pricing & Product team.

The Actuarial Analyst I is a junior role that supports the work of the manager to deliver optimal service to internal and external customers. An opportunity to work with and learn from experienced team of Actuarial professionals.

Insurance Pricing has responsibility for portfolio performance monitoring, managing the insurance data needs, portfolio deep dives, other insurance modeling projects, overall rate recommendations and implementations for both Basic and Optional Insurance products, rate design, program evaluation. 

In this role, you will be involved in the following projects:

• Deliver routine pricing implementation including quarterly rate changes. Ensure rate changes to be done and tested accurately and in a timely manner.
• Perform monthly rate group assignment.
• Conduct data reasonability checks and ad hoc investigations.
• Support other departments within ICBC, such as underwriting, information management, regarding premium related queries.
• Assist with insurance modeling and pricing analysis.
• Support manager/supervisor to deliver optimal service to internal and external customers.

Other duties may also be assigned depending on the successful candidate’s training and experience.

Position Requirements

• You have completed a post-secondary degree, along with 1+ year of relevant work experience.
• Passed at least one actuarial exams and willingness to work towards ACAS or FCAS designation.
• People describe you as a team player.
• You have excellent verbal and written communication skills, which will be complemented by solid analytical skills and critical thinking.
• Knowledge of MS Excel is required.
• Experience using Emblem, Radar, SQL and SAS are considered assets.

About us: 

At ICBC, it’s our job to make sure the car insurance system works for all British Columbians, today and in the future. If you want to make the most of your skills and expertise while growing your career, we want you. A career at ICBC is an opportunity to be part of a talented, diverse and inclusive team that is driven to serve its customers and community. You can expect a competitive salary, comprehensive benefits and a collaborative work environment. If you are reliable and dependable, contact us today to be part of our talented and diverse team as we work together to create an insurance system we can all be proud of.

Work arrangements defined: 

• Hybrid 8 – you will work a minimum of 8 days in a 4-week period at your primary office headquarters (typically 2 days per week). The remaining days will be remote within British Columbia. 

ICBC provides comprehensive benefit coverage to all eligible employees including a defined benefit pension plan and 4 weeks’ vacation, plus Wellness Days.

• Three options available for your health and dental coverage.
• Employee and Family assistance program (wellness support).
• Basic group life insurance.
• Voluntary group life insurance.
• Critical Illness insurance.
• Sick leave plan – 100% of pay for a period of a maximum of 8 weeks.
• Long term disability plan.
• Pension plan – defined benefit pension plan that pays a benefit to you or your beneficiary upon termination, death, or retirement.

We invite you to apply today and find out why employees recommend ICBC to their friends and family as an excellent place to work. We value and seek to maintain an environment of Collaborative, Supportive, Straightforward, and Knowledgeable team. Come join us at one of BC’s Top Employers!

Only candidates legally entitled to work in Canada will be considered for this position.

About ICBC

A career at ICBC is an opportunity to be part of a talented, diverse and inclusive team that is driven to serve its customers and community. Make the most of your skills and take the opportunity to grow and develop your career. You can expect a competitive salary, comprehensive benefits and a challenging work environment. Drive your career with us. ICBC is committed to being an inclusive employer, one that reflects the diversity of the people and communities of British Columbia.

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