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Definity Financial

Canadian P&C insurer with digital channels

Actuarial Analyst Co-op Intern

Actuarial & Risk ModellingConfirmed live in the last 24 hours
Internship · Spring 2027Waterloo, ON, CanadaNo salary listedIn-person

About the Job

Requirements

  • Currently enrolled in a university degree program in Actuarial Sciences, Mathematics, Statistics, or another relevant discipline, and actively enrolled until at least April 2025.
  • Successfully completed at least one exam of the Casualty Actuarial Society or an international actuarial organization recognized as equivalent by the Casualty Actuarial Society.
  • Strong programming skills, including knowledge of SAS, R, and/or SQL, and efficient use of Microsoft applications such as Excel and VBA.
  • Strong problem-solving, communication, and organizational skills.

Responsibilities

  • Contribute to projects in personal or commercial pricing, reserving, financial planning, and economic capital modelling.
  • Develop knowledge of actuarial operations and the insurance business, including predictive modelling, underwriting, claims handling, product development, reserving, estimation of policy liabilities, planning, and/or forecasting.
  • Use spreadsheets, databases, and statistical software to prepare and analyze data for profitability analysis and other applications.
  • Interpret and use results of new modelling techniques and analytics to support business decisions.
  • Produce data exhibits and analysis to measure, track, and monitor company and industry performance.
  • Communicate actuarial concepts verbally and in writing.
  • Respond to requests from internal and external stakeholders with support from senior staff.

Desired Qualifications

  • Knowledge of Emblem, Radar, and/or ResQ.

About the Company

Definity Financial

Canadian P&C insurer with digital channels

Definity Financial is a Canadian property and casualty insurer that serves individuals and businesses through multiple channels, offering a broad range of coverage options. Its products are delivered via a mix of direct, broker, and digital channels, and the company emphasizes continuous improvement and innovation to meet evolving needs. The business model relies on insurance premiums and strategic investments, with a focus on transforming into a digital leader and expanding market capabilities to grow reach and profitability. Definity differentiates itself through its long-standing heritage from Economical Insurance, its multi-channel distribution, and its commitment to leveraging technology and investments to better serve customers, broker partners, employees, and communities in a changing market.

Company size
1,001-5,000
Company stage
IPO
Headquarters
Canada
Founded
1871

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