Insurance actuary
Millennium Insurance Corporation
Opportunity We are seeking an Actuarial Associate to join our Property & Casualty Actuarial team. This role builds on core actuarial expertise in pricing, reserving, and portfolio analytics, while taking on increased responsibility for leadership, project ownership, and management-facing decision support.
The successful candidate will work closely with underwriting, finance, claims, and IT stakeholders, lead components of actuarial studies and regulatory deliverables, and play a key role in advancing analytical tools, methodologies, and business insights. This position is well suited for an actuary who has achieved ACAS and is progressing toward fellowship-level responsibilities.
Lead actuarial analyses related to pricing, reserving, forecasting, and profitability for Personal and/or Commercial Lines portfolios.
Take ownership of actuarial projects from planning through delivery, ensuring accuracy, timeliness, and alignment with business objectives.
Guide the development, validation, and refinement of rating models, loss models, and experience studies using internal and external data
Prepare and present actuarial results, insights, and recommendations to management and senior stakeholders.
Support management, regulatory, and financial reporting by reviewing actuarial exhibits and ensuring consistency with standards and expectations
Analyze loss experience, rate adequacy, and portfolio performance to identify risks, opportunities, and emerging trends
Collaborate cross-functionally with underwriting, claims, finance, and IT to support strategic initiatives and business decisions
Facilitate meetings, guide discussions, and communicate actuarial implications to both technical and non-technical audiences
Champion continuous improvement by enhancing actuarial tools, automating processes, and strengthening analytical frameworks
Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related discipline
Advanced proficiency in Excel and at least one analytical or programming language such as SQL, R, Python, SAS, or VBA
Demonstrated ability to take ownership of deliverables and drive projects to completion
You will contribute meaningfully to actuarial cycles and regulatory requirements, take accountability for project outcomes, and add value through sound judgment, effective leadership, and continuous enhancement of actuarial processes and tools.
Flexible time-off and vacation program to support work–life balance
Group Retirement Savings Plan with employer matching contributions
Fitness subsidy to help you stay active and healthy
Comprehensive health, dental, and insured benefits
Health and lifestyle spending account for additional wellness and personal needs
Access to employee discount programs to help you save on everyday purchases
Millennium Insurance is a locally owned and operated property and casualty insurance company based in Sherwood Park, AB. We pride ourselves on offering relevant and competitively priced insurance products, along with industry-leading customer service. Our business lines include personal automobiles, personal property, home warranty, commercial property, and commercial liability insurance. With over $400 million in written premium, Millennium Insurance is proud to be part of the Wheaton Group of Companies.
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