Transactional Pricing Actuary (Toronto, ON, CA)
City : Toronto, ON, CA
Category : Other
Industry : Insurance
Employer : Zurich Canada
Job Summary
You will use your strong data management skills to work on mid to large complex risks. You will be consulting daily with Market Facing Underwriters and Underwriting Leadership – developing your knowledge of various property and casualty products with the accountability to resolve complex pricing problems. You will be sharing your analysis, recommendations, and conclusions to Underwriting Leadership, you will mentor junior actuarial staff and market facing underwriters.
This role is highly influential and will directly impact our ability to attract and retain business.
Job Qualifications
Required:
• Zurich Certified Insurance Apprentice, including Associates Degree
OR
• Bachelors Degree
AND
• 8 or more years of experience in the Actuarial area plus FCAS or equivalent international certification
OR
• 13 or more years of experience in the Actuarial area plus ACAS or equivalent international certification
Preferred:
• Experience in multiple functional areas (pricing, reserving, capital management) and knowledge/skills reflective of a senior practitioner
• Strong verbal and written communication skills
Job Accountabilities - Key Accountabilities
Supporting our market facing underwriters and leadership in continued growth and profitability of Large Casualty Pricing new and renewal Large Casualty Accounts
Working with actuarial colleagues across the line of business pricing functions, finance actuaries, financial analysts, US programs/MGA actuaries, and more
Key Accountabilities:
Calculate premiums and/or reserves for new and/or existing products
Review summary datasets
Perform
statistical analysis
Research and analyze loss experience, loss trends and expenses
Research and analyze loss and expense reserves
Support the development of rates, rating plans and pricing and portfolio management strategies.
Develop rate indications and evaluate pricing levels
Provide guidance to and review work of less experienced actuaries
A future with Zurich
Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 148 years of experience managing risk and supporting resilience. We are a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. Today, we serve more than 25 industries, from agriculture to technology and insure 90% of the Fortune 500®. Our growth strategy is not limited to our business. As an employer, Zurich strives to provide ongoing career development opportunities and foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our people, our customers and the communities we serve.
As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers’ expectations. Zurich is committed to providing a diverse, inclusive and barrier-free environment resulting in an accessible organization for employees, customers, and other parties who interact with, or on behalf of, Zurich. We strive to achieve a workplace free of discrimination of all forms, including discrimination on the basis of physical or mental disability, or medical condition. If you are interested in a job opportunity, please advise if you require an accommodation, so we can work with you to provide a more accessible process.
Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich Canadian Holdings Limited. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission.
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