Actuarial Analyst

Job title: Actuarial Analyst

Job description: Overview

Are you a self-driven individual with experience calculating liabilities and assessment rates? We have an opportunity for an Actuarial Analyst to join our actuarial team at our Richmond office.

In this role, you’ll report to the Associate Actuary or the Actuary, Actuarial Services Department. This role provides a wide range of actuarial/financial analysis and decision support to achieve WorkSafeBC’s objectives of sound financial reporting, fairness in the risk classification and assessment of employers, and early identification and communication of emerging claims trends.

How you’ll make a difference: You’ll help protect the financial integrity of B.C.’s workers’ compensation system, ensuring we serve British Columbians now and in the future.

Where you’ll work

WorkSafeBC, we offer a hybrid work model that combines the convenience of working remotely with the dynamism of working in one of our offices, based on the operational needs of the position.

In this role, you’ll work primarily from your B.C. home and occasionally in our Richmond office.

What you’ll do

• Research, analyze and provide solutions on various actuarial / finance issues
• Develop and maintain current in-depth knowledge of WorkSafe BC’s databases and expertise with data query and WorkSafe BC’s financial statements
• Assist in calculating the actuarial liabilities
• Assist in calculating the annual assessment rates
• Assist in financial modeling using tools such as database queries, statistical applications, actuarial formulae, etc
• Create formal reports, presentations and submissions summarizing and interpreting analytical results

Is this a good fit for you?

We’re looking for someone who can:

• Research and prepare actuarial analysis reports, statistical tables and graphs
• Gather information, identify issues, logically analyze problems and generate solutions
• Excellent communication and presentation skills, with the ability to communicate effectively with non-actuarial areas of WorkSafe BC
• High attention to details
• Willingness to report results in an unbiased manner

Your background and experience

• An undergraduate degree in Actuarial Science, Statistics, Mathematics or any related field
• Proficiency in Microsoft Excel, and working knowledge in SQL and Microsoft Access
• Basic knowledge of financial statements
• Successful completion of two or more actuarial exams of the Society of Actuaries or Casualty Actuarial Society
• A minimum of one year of recent directly related work experience

We’ll consider an equivalent combination of education and experience.

Important to know

Before we can finalize any offer of employment, you must:

• Confirm you’re legally entitled to work in Canada

WorkSafeBC’s COVID-19 Employee Mandatory Vaccine Policy (the “Policy”) is suspended effective January 9, 2023, however we reserve the right to re-implement it in response to changes in the public health landscape, including public health orders. We are committed to the protection, health, and safety of our employees and our Communicable Disease Prevention Program and related protocols remain in effect.

Who we are

At WorkSafeBC, we promote safe and healthy workplaces across British Columbia. We partner with workers and employers to save lives and prevent injury, disease, and disability. When work-related injuries or diseases occur, we provide compensation and support injured workers in their recovery, rehabilitation, and safe return to work. We’re honoured to serve the 2.49 million workers and 263,000 registered employers in our province.

What’s it like to work at WorkSafeBC?

It’s challenging, stimulating, and rewarding. Our positions offer diversity and opportunities for professional growth. Every day, the work we do impacts people and changes lives. What we do is important, and so are the people we do it for.

Our ability to make a difference relies on building a team with a rich variety of skills, knowledge, backgrounds, abilities, and experiences that reflects the diversity of the people we serve. We are committed to fostering a welcoming, inclusive, and supportive work culture where everyone can contribute as their best, authentic self.

Learn more: Discover .

Our benefits

As a member of our team, you’ll have access to services and benefits that help you get the most out of work — and life. Along with a competitive salary of $37.37 – $47.06 hourly, your total compensation package includes:

• Defined benefit pension plan that provides you with a lifetime monthly pension when you retire
• 3 weeks of vacation in your first year, with regular increases based on years of service
• Extensive health care and dental benefits
• Optional leave and earned-time-off arrangements
• Development opportunities (tuition reimbursement, leadership development, and more)

Learn more: Find out .

Salary: $37.37 – $47.06/hourly

Want to apply?

• Applications are welcomed immediately, however must be received no later than 4:30 p.m. PST on the closing date.
• Please note that we will be starting assessments prior to the closing date.

We encourage all qualified applicants to apply. If you require an accommodation in the assessment process, please email when you submit your application.

Application requirements:

In addition to your resume, please submit:

• A transcript identifying they have successfully completed two or more exams of the Society of Actuaries or Casualty Actuarial Society
• Cover letter

Any additional application materials must be received by email to by 4:30 p.m. PST on the closing date of the competition.

Click Here to Apply

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