AVP & Actuary

The Opportunity

Are you looking for a caring, collaborative, values-driven workplace with inspiring teammates and leaders? Do you have the ambition and desire to be the best and thrive at the most impactful global insurance provider in the world? Look no further than Zurich Canada.

If you have experience as an Actuary and are looking for a new challenge, we would love to hear from you.

Zurich Canada is currently looking for an AVP Pricing Actuary to manage the pricing process for Transactional Accounts.

Reporting to the Actuarial Manager for Transactional & Programs Pricing, you will provide professional actuarial support and advice to actuarial business partners, including insights into risks, underlying performance, and implications for the business with minimal supervision. This role would also assist in the training of less experienced personnel.

This is a unique opportunity to build your knowledge and experience for the future in a supportive environment where your voice matters.

This is a Hybrid role.

What you will do -

• Support the pricing of new/renewal business and development of effective premium/rating structures in complex environments and lines of business.
• Manage profit margins on new and renewal business and assist in the monitoring of portfolio performance.
• With appropriate review, coordinate, prepare and perform actuarial analyses as it relates to pricing adequacy and strategic direction.
• Support Market Facing and Product Underwriting on pricing decisions.
• Provide consultation and technical expertise on actuarial models and risk issues.
• Drive the design, testing, and maintenance of pricing models and tools.
• Interface with regulators and auditors on pricing issues as required.
• Remain current with regulatory/market conditions and apply this knowledge in pricing.
• Take a lead role in pricing accounts, performing risk transfer analysis, and reviewing collateral.
• May interact with external customers and clients through the pricing of large, complex products and individual accounts.

Job Qualifications

What you bring to the table:

Required:

Zurich Certified Insurance Apprentice, including associate degree.

OR

Bachelor's 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.

Our Culture

At Zurich, we are proud of our culture. We are passionate about Diversity, Inclusion, Equity and Belonging (DEIB). We want you to bring your whole self to work, and we want our employees to be reflective of the communities in which we live and work. Our DIEB initiatives are creating an environment where everyone feels welcome.

We have a collaborative culture where diversity of thought is valued. We value your input and strive to give our employees the tools they need to make an impact.

We care about our employees' well-being and offer a comprehensive health/benefits plan with varying levels of coverage to suit your specific needs and a competitive total compensation package.

We understand how important it is to rest, recharge and do the things you love. At Zurich, all employees receive a minimum of four weeks of vacation per year to do just that.

We also understand that employees require time off for personal reasons. Maybe you have an appointment during a workday, a cultural or religious holiday you would like to observe, or you need time off to focus on your mental health. Zurich employees receive four personal days per year to be used at their discretion.

We are committed to continuous improvement and offer access to a comprehensive range of training and development opportunities.

We care about our communities. Our communities are where our customers, people, and shareholders live and work. While we can be proud of the contribution to society Zurich makes through our core business of insurance, we must also give back to our communities through our talent, time and resources.

We have won numerous awards for our workplace culture. We are proud to be one of Greater Toronto's Top Employers and to have received Insurance Business Canada's 5-Star Diversity, Equity and Inclusion Award.

Make a difference. Be challenged. Be inspired. Be supported. Love what you do. Work for us.

About Us

Zurich Canada is part of the Zurich Insurance Group, a multi-line insurer with approximately 55,000 employees worldwide serving customers in global and local markets. Zurich Canada has been a leading insurance provider serving mid-sized and large companies, including multinational corporations, in the Canadian commercial market for 100 years. With over 500 employees in offices across the country, Zurich offers the global strength of a top insurance provider combined with in-depth knowledge of industries and local markets. Zurich Canada aspires to be risk management professionals' first choice as their premier partner to help meet the risk challenges of today and tomorrow. Read more at www.zurichcanada.com.