Actuarial Specialist

At Gore Mutual, we’ve always set ourselves apart as a modern mutual that does good. Now, we’re proudly building on that legacy to transform our company—and our industry—for the better.

Effective January 1, 2026, Gore has joined Beneva—the country’s largest mutual insurance company—as part of its Property & Casualty operations in Ontario and Western Canada. During 2026, Gore will combine its operations with Unica Insurance, Beneva’s Ontario-based subsidiary specializing in niche commercial and personal insurance, creating a stronger, more diversified mutual insurer with greater scale and long-term stability.

Every decision and investment remains anchored in long-term benefits to customers, members, and communities. Come join us.

The Actuarial Specialist is responsible for leading the pricing analyses, rating structures and predictive analytics solutions as an independent contributor. The role applies advanced actuarial knowledge to support business decision-making, regulatory requirements, and enhancing pricing methodologies while providing technical guidance and mentorship to less experienced team members. ​​​The Actuarial Specialist reports to the Actuarial Manager and works in conjunction with less experienced analysts. 

What will you do:

Pricing Analysis and Rate Development

• Lead complex pricing analyses and investigate trends impacting profitability, growth, retention, and rate adequacy.
• Develop and enhance pricing methodologies, rating structures, and actuarial assumptions used in insurance products.
• Review pricing results for reasonableness and identify opportunities to improve portfolio performance.
• Communicate pricing recommendations and business impacts to management and key stakeholders.

Pricing Models and Portfolio Management

• Develop, maintain, and enhance pricing models, including GLMs, machine learning models, and predictive analytics solutions.
• Analyze portfolio performance, rate level indications, dislocation impacts, retention, and new business growth.
• Conduct scenario testing to quantify the impacts of pricing, underwriting, and market changes.
• Recommend enhancements to pricing models, segmentation strategies, and rating algorithms.

Product and Market Analysis

• Monitor market trends, competitor pricing, and emerging industry developments.
• Support development and implementation of pricing strategies aligned with profitability and growth objectives.
• Evaluate new products, coverages, discounts, and underwriting initiatives.