Jobs Companies Medavie Actuarial Analyst

About this Actuarial Analyst role at Medavie

Medavie · Onsite · New Brunswick

Position Type:

Permanent

As one of Canada’s leading life insurers, Blue Cross Life Insurance Company of Canada (Blue Cross Life) takes great pride in being the most trusted brand by Canadian consumers, offering exceptional coverage tailored to protect them and their families.

Federally licensed with operations across Canada, Blue Cross Life provides a full suite of top-tier Individual and Group Life and Disability insurance options. This comprehensive range of products is backed by an insurer with decades of experience protecting Canadians.

Our employees are the key component in enabling us to deliver competitive life and disability products nationally; we value their knowledge and integrity and are dedicated to their professional development by providing an environment of continuous learning and growth. We seek creative problem solvers who care about the work they do while helping to drive responsiveness and insight throughout our organization. 

If you are looking for an opportunity in a challenging, fast-paced, and collaborative work environment, the career you have been looking for may be waiting for you at Blue Cross Life.

What’s in it for you?

We provide a work environment where people are respected and fulfilled both professionally and personally through healthy relationships, work-life balance and meaningful work. And because we’re in the insurance business – paid benefits and perks to keep you at your very best!
 
Your every day with us
As an Actuarial Analyst, no two days will look the same. You’ll have the opportunity to play a significant role in ensuring the company’s objectives for profitability are achieved and collaborate with people from various teams from Blue Cross organizations across Canada. You’ll need strong analytical skills and a love for data/analytics.

This role offers flexibility to work remotely within Canada, or in a hybrid or in‑office arrangement based out of our Moncton or Quebec offices.
 
As an Actuarial Analyst, you will

  • Complete quarterly reporting to analyze and monitor the profitability of group insurance products
  • Identify and implement enhancements to reporting processes to support our efficiency initiatives
  • Create and/or populate actuarial models to price various group life products and revisions
  • Provide support to the underwriting team for large/complex quotes
  • Communicate with reinsurance partners regarding quotations and technical pricing models and evaluate/review reinsurance treaties
  • Support the implementation and testing of new products or product changes in quotation tools and administrative systems
  • Adapt current business processes and tools to test and accommodate the roll-out of new IT systems and data sources

 
What you need to succeed

  • University degree in Mathematics, Statistics, Actuarial Science, Finance, or another closely related field
  • Progress toward ASA and/or ACIA designation considered an asset
  • Exceptional analytical skills with a strong attention to detail
  • Demonstrated interest and experience in process improvement and automation initiatives
  • Experience building, documenting, and maintaining business process models
  • Strong problem‑solving skills with proven ability to identify, analyze, and resolve issues within complex data sets
  • Ability to work effectively both independently and as part of a collaborative project team
  • Knowledge of group insurance products considered an asset
  • Bilingualism (EN/FR) is considered an asset. English is requirement, written and verbal, to provide services to our customers and communicate with internal stakeholders

Pay Range

$53,236 - $$69,000 CAD

#CBM1

This posting is for an existing vacancy within our organization / Ce poste est actuellement vacant au sein de notre organisation.

The Base Pay range may vary depending on the successful candidate or other relevant job-related factors such as knowledge, skills, qualifications, experience and education/training. In addition to Base Pay, eligible Blue Cross Life employees may participate in various performance-based incentive programs. Payments under these programs are discretionary and subject to both individual and organizational results.  


Blue Cross Life is an equal opportunity employer. We strive to foster a culture where everyone is enabled to achieve their full potential - a culture of diversity, equity and inclusion (DEI). Accessibility is a top priority.
 
For applicants with disabilities, we provide accommodations throughout the recruitment, selection and/or assessment process. If selected to participate in the recruitment, selection and/or assessment process, please inform Human Resources staff of the nature of any accommodation(s) that you may require in respect of any materials or processes used to ensure your equal participation. 
 

While Blue Cross Life may use automated tools, including AI, to support application screening, candidates are expected to complete all recruitment interactions independently—without AI assistance—to ensure a fair and equitable process.


We would like to thank all candidates for expressing interest.  Please note that only those selected for interviews will be contacted. If you experience any technical issues throughout the application process, please email: [email protected]


® Registered trademark of the Canadian Association of Blue Cross Plans, an association of independent Blue Cross Plans and Licensees. Used under license by Blue Cross Life Insurance Company of Canada, an independent licensee of the Canadian Association of Blue Cross Plans.

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How this Actuary salary compares

This role pays $53,236/yrbelow the typical range for Actuary roles.

$82,620 median $142,565 $205,680

Typical range $106,500–$170,000/yr, from 225 comparable Actuary listings on JobsRadar (pay annualized to USD). See Actuary salary insights →

About Medavie

Full careers. Full lives. Medavie is a national health solutions partner and innovative leader in healthcare delivery, benefits management, health management, and primary care. Backed by the strength of a team of 8,500+ professionals from coast to coast, we’re committed to improving the wellbeing of Canadians so that every life can be lived to the fullest. Medavie provides all-in-one private health insurance, public health administration, emergency medical services as Canada's largest contracted provider, as well as primary care, community health, mental health and addictions solutions, medical communications, and clinical training. As a not-for-profit organization, Medavie is one of Canada’

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