Actuarial Analyst - Winter 2027 Co-op/Intern
Role Overview
This is a Winter 2027 actuarial co-op placement with a four-month work term.
The intern will report to an Actuarial Manager and contribute to pricing, reserving, financial planning, and economic capital modelling projects.
Key Skills for This Role
Full Job Posting
About Definity
Definity is a Canadian property and casualty insurer whose brands include Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance.
The company describes its culture as collaborative, ambitious, rewarding, and empowering.
Workplace
- The role offers a flexible hybrid work experience, with employees working from the office and virtually depending on the work and collaboration needs.
Co-op Placement
This is a Winter 2027 actuarial co-op placement with a four-month work term.
The intern will report to an Actuarial Manager and contribute to pricing, reserving, financial planning, and economic capital modelling projects.
Responsibilities
- Contribute to projects in personal or commercial pricing, reserving, financial planning, and economic capital modelling.
- Use spreadsheets, databases, and statistical software to prepare and analyze data for profitability analysis and other applications.
- Interpret new modelling techniques and analytics to support business decisions.
- Produce data exhibits and analysis to monitor company and industry performance.
- Communicate actuarial concepts verbally and in writing.
- Respond to internal and external stakeholder requests with support from senior staff.
Requirements
- Currently enrolled in a university degree program in actuarial sciences, mathematics, statistics, or another relevant discipline.
- Remain actively enrolled until at least April 2025, according to the source posting.
- Successfully completed at least one Casualty Actuarial Society exam or an equivalently recognized international actuarial exam.
- Have strong programming skills, including SAS, R, and/or SQL.
- Use Microsoft applications efficiently, including Excel and VBA.
- Have excellent problem-solving, communication, and organization skills.
- Knowledge of Emblem, Radar, and/or ResQ is an asset.
Compensation
- Hourly compensation starts at $22.50 per hour and may increase based on skills, education, experience, and applicable educational institution rates.
Company Support
- Definity describes co-op students as an important pipeline for full-time permanent positions.
- The company offers real-life experience, learning opportunities, employee groups, and support for personal and professional growth.
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