Business Analyst - Actuarial Pricing (Ontario)

Business Analyst - Actuarial Pricing (Ontario)

21 Oct
|
Inizio Partners
|
Ontario

21 Oct

Inizio Partners

Ontario

Role &

Responsibilities Overview:

- Doing independent research, analyze, and present data assigned

- Expected to work in close collaboration with the team and clients on general insurance actuarial projects for US markets.

- Translate business needs from clients into structured functional requirements, user stories, and business framework documents.

- Gather and document reporting requirements from clients to define the specific metrics, KPIs (e.g., loss ratios, written premiums, rate changes), and data views needed in Power BI and Tableau.

- Act as the primary functional bridge between client stakeholders and BI developers, translating business reporting needs into clear technical specifications, data mapping documents, and mockups/wireframes.

- Complete understanding of the current situation and problem statement

- Interacting with clients on regular basis, understanding their requirements and transforming that into business framework and providing actuarial solutions

- Experienced in Personal and commercial lines general insurance pricing, reserving for US insurance markets

- Should be aware of regulatory reporting requirements related to reserves (like statutory filings, IFRS 17, GAAP).

- Assist in learning and development of new team members, manage work assigned to and delivered by the team working in a hybrid (onshore/offshore) setup

- Identify and participate in continuous improvement initiatives

- Ensure compliance with Data Privacy and Protection Guidelines

Candidate Profile:

- Knowledge of general insurance domain and P&C; actuarial concepts is a must

- Bachelor's/Master's degree in economics, mathematics, actuarial sciences





- Affiliation to IAI or IFOA, with at least 6 CT actuarial exams, plus SP 7,8 will be added advantage

- 7+ years of experience in the General Insurance / P&C; domain, with a deep functional understanding of P&C; Actuarial Concepts and GI Pricing

- Solid conceptual knowledge of Reserving methods and models to effectively gather requirements for valuation and financial reporting projects.

- Should have a consultative mindset and drive discussions with clients independently

- Proven track record as a Business Analyst bridging the gap between business stakeholders (underwriters/ actuaries) and technical development teams (BI/Data Engineers).

- Excellent analytical and problem-solving skills, with the ability to analyze complex data and make data-driven decisions

- Outstanding written and verbal communication skills

- Able to work in fast pace continuously evolving environment and ready to take up uphill challenges

- Able to understand cross cultural differences and can work with stakeholders across the globe

- Strong data literacy and analytical skills, with advanced proficiency in SQL, Excel, and a solid functional understanding of data flows feeding into Power BI and Tableau dashboards.

- Strong communication skills, including the ability to effectively communicate actuarial concepts to both technical and non-technical stakeholders.

- Ability to work independently and collaboratively in a team-oriented environment.

- Detail-oriented with strong organizational and time management skills.

- Ability to adapt to changing priorities and deadlines in a quick-paced environment.

📌 Business Analyst - Actuarial Pricing (Ontario)
🏢 Inizio Partners
📍 Ontario

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