Opportunity

We are looking for a motivated and analytically driven Actuarial Associate to join our Personal Lines Pricing team. In this role, you will use data and actuarial insights to help shape pricing strategies for our personal auto and property products. Working closely with product management and underwriting, you will play an important role in ensuring our pricing remains competitive, profitable, and responsive to changing market conditions.

What you will be doing

• Perform loss development, trend analysis, and rate level indication studies for personal auto (liability, collision, comprehensive) and personal property (homeowners, tenants, condo) lines of business.
• Build and maintain actuarial models to support rate filings and pricing decisions.
• Analyze the impact of proposed rate changes on loss ratios, premium volume, persistency and competitive positioning.
• Prepare and support provincial rate and form filings in coordination with regulatory affairs.
• Monitor loss ratio experience and emerging trends by segment, territory, and coverage.
• Conduct multivariate and predictive modeling analyses to refine risk segmentation and rating factors.
• Support the development and validation of GLM or other statistical pricing models.
• Collaborate with product, underwriting, and claims teams to incorporate business context into pricing recommendations.
• Assist with competitor benchmarking and market analyses.
• Document assumptions, methodologies, and results clearly for internal and regulatory audiences.
• Present findings and recommendations to actuarial leadership and senior management.

What you bring to the team

• 5+ years of actuarial experience within the Property & Casualty insurance industry
• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related discipline
• ACAS designation completed, with active progress toward FCAS (or equivalent)
• Strong command of actuarial methods, loss modeling, credibility theory, and insurance fundamentals
• Advanced proficiency in Excel and at least one analytical or programming language such as SQL, R, Python, SAS, or VBA
• Experience working with large datasets, actuarial systems, and complex analytical environments
• Demonstrated ability to take ownership of deliverables and drive projects to completion
• Strong analytical judgment, attention to detail, and structured problem-solving skills
• Ability to balance multiple priorities and meet deadlines in a dynamic environment
• Confident communicator with the ability to present complex concepts clearly to management and business partners

How you will succeed

In your first year you will establish yourself as a trusted actuarial partner by delivering accurate pricing analyses, supporting regulatory filings, and providing data-driven recommendations that contribute to profitable growth. You will build strong relationships across underwriting, claims, and product teams, demonstrate ownership of projects from start to finish, and leverage your technical expertise to enhance pricing models, identify emerging trends, and support informed business decisions.

How we take care of our Employees

By joining Millennium Insurance, you will belong to a passionate and purpose-driven team. As part of the Wheaton Group Companies, we pride ourselves on being family oriented, socially responsible, and in doing business the right way. Millennium is proud to be Great Place to Work Certified for creating an outstanding employee experience and an amazing workplace culture. Some of the amazing benefits our employees have access to include:

• 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
• Education assistance to support your professional growth and certifications
• 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

About Millennium Insurance

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.

Interested in applying?

If you are ready to pursue a new challenge, visit our careers page at My Job Search (ultipro.ca) (https://recruiting.ultipro.ca/FIR5002FICI/JobBoard/e62254ae-ac75-48f2-91dd-c177e3487e8b/?q=&o=postedDateDesc) and apply today!

We thank all candidates for their interest but only candidates selected to advance in the hiring process will be contacted. Final candidates will be asked to undergo pre-employment backchecks, results of which must be satisfactory to Millennium.

Millennium is committed to fostering an inclusive, equitable and accessible workplace. If we can make any adjustments to the hiring process to better accommodate you, please provide feedback when submitting your application or let us know when we reach out about a job opportunity.

This role not a fit for you? Stay connected with us through LinkedIn (https://www.linkedin.com/company/millennium-insurance-corporation/mycompany/?viewAsMember=true) for information on other career opportunities that are available.