Actuary, Experience Studies and Special Projects

Department: Actuarial, Risk & Product

Location: Waterloo, ON

Compensation: CA$85,000 - CA$115,000 / year

What we do every day to be our very best

Every day at Securian Canada means a day spent helping Canadians and their families build secure tomorrows. We’re agile and innovative, and we aren't afraid to challenge and create, or bring diverse perspectives to our work.

Who We Need

As the Actuary, Experience Studies and Special Projects , you will play a key role within our Valuation team, combining actuarial expertise, strategic thinking, and innovation to drive meaningful business impact. We are looking for a curious, analytical, and forward-thinking professional who thrives on transforming complex data into actionable insights and influencing important business decisions.

In this role, you will lead actuarial experience studies, analyzing historical experience, industry trends, and financial results to develop well-supported assumptions that contribute to valuation, capital management, and financial reporting. Leveraging a deep understanding of product design and policyholder characteristics, you will develop robust analyses and meaningful insights, communicating recommendations and findings to the Appointed Actuary and Chief Actuary.

You will also lead strategic projects spanning modeling accuracy, operational efficiency, and business analysis, helping evolve how our actuarial function supports the broader organization. The ideal candidate embraces Securian Canada's values by Starting with Wonder, bringing curiosity and a growth mindset to solve complex challenges; Leading from the Heart, collaborating authentically and valuing diverse perspectives; and Making Smart Moves, taking ownership and confidently turning ideas into results.

Above all, you are passionate about continuous improvement, eager to challenge the status quo, and motivated by the opportunity to connect actuarial insights to broader business outcomes that help us build secure tomorrows.

The base salary range for this position is between $85,000 to $115,000 depending on experience. Details of our additional benefits are outlined below. This job posting is for an existing vacancy. Only one position is available. However, it may be based in multiple locations: Toronto (ON), or Waterloo (ON), Montreal (QC), or Burnaby (BC).

What You Will Do

• Lead experience study production with high degree of technical acuity and generation of business insights.
• Lead the investigation, problem solving, solutioning and implementation of various projects as needed to enhance the function of the business.
• Present recommendations and results to Appointed Actuary and Chief Actuary.
• Seek innovative solutions to bring greater efficiency, accuracy and insights to business performance.
• Manage issue log and approximation list reviews and resolutions.
• Work closely with analysts and valuation Director to manage and complete tasks in the required timelines.

What You Will Bring

Must Have

• Associate of the Canadian Institute of Actuaries (ACIA) or equivalent actuarial designation, with progression toward Fellowship (FCIA).
• 4+ years of actuarial experience within the insurance industry, including experience in valuation, financial reporting, modeling, or financial analysis.
• Strong GGY AXIS modeling expertise and experience solving complex modeling challenges.
• Experience leading or mentoring actuarial professionals.
• Experience with Life, Critical Illness, and Disability insurance products.
• Proven experience leading end-to-end actuarial experience studies, including data analysis, assumption development, and recommendations.
• Strong analytical, problem-solving, and decision-making skills with the ability to translate technical findings into business insights.
• Strong communication and stakeholder management skills, including the ability to influence and communicate effectively with technical and non-technical audiences.
• Proficiency with actuarial and analytical tools such as Excel, R, and databases.
• Self-motivated, accountable, and driven to continuously improve processes and challenge the status quo.

Nice to Have

• FCIA (or equivalent) designation.
• Knowledge of IFRS 17 and LICAT capital requirements (US GAAP is an asset).
• Experience leading change initiatives and building support across cross-functional teams.
• Ability to thrive in a fast-paced environment with competing priorities and tight deadlines.

Why join?

When you’re a part of Securian Canada, you’re a member of an agile and innovative, high-performing, bright-thinking, make-things-happen culture – so that together, we can discover the art of possible.

At our company, we see your potential on day one and challenge you to grow your unique strengths as you create a career filled with opportunity, collaboration, and purpose.

You’ll also be part of a team that’s committed to diversity, equity, and inclusion, and who values diverse perspectives, so that you can be the person you want to be – both in, and outside, work.

Securian Canada offers a competitive total rewards program with a variety of perks and benefits, including:

• Flexible work arrangements with monthly financial allocations to support your work-life balance;
• Generous starting paid vacation time, plus additional vacation days for every year of service;
• Paid volunteer day so you can dedicate time to a cause you are passionate about;
• Paid personal and wellness days to support your total wellbeing;
• Educational assistance of up to $3,500 a year (with approval from your manager);
• Flexible health and wellness account (in addition to comprehensive drug and dental coverage) to help pay for a wide range of wellbeing services that are meaningful to you;
• Up to 14% of combined contributions to the RRSP matching program;
• Family-friendly maternity/parental leave and,
• Many more benefits, perks and programs.

If you have at least 70% of the qualifications we're looking for, want to work in a fast-growing, leading and progressive company, and feel driven to help Canadians and their families build secure futures – we want to hear from you!

Take the first step in building your future with Securian Canada. Apply now.

Securian Canada is committed to providing a barrier-free work environment and equal access to employment for all qualified applicants. As such, upon request, Securian Canada will work with applicants that require reasonable accommodations during the recruitment process. Please contact View email address on canada.jobradars.com for accommodation requests. All information shared during any accommodation request process will be stored and used only in a manner that is consistent with applicable laws and Securian Canada/Canadian Premier Life Insurance Company policies.