A&H 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 in Commercial Pricing, and are looking for a new challenge, we would love to hear from you.

Zurich Canada Technical Underwriting is looking for a Pricing Actuary to join our growing Commercial Business unit.
Reporting to VP & Actuarial Director, you will support the pricing of new and renewal business as well as the development of effective premium / rating structures and strategies in support of business objectives. In this role, the actuary will also directly support the transformation process of the A&H ecosystems with focus on in-depth review of pricing algorithm and implementation of the rating tools in production.

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

Zurich Canada uses artificial intelligence–enabled tools to support certain aspects of the recruitment process, including the initial review and screening of applications. Artificial intelligence is not the sole basis for candidate shortlisting or selection. All hiring decisions are reviewed and made by qualified hiring professionals.

Zurich follows a hybrid work model requiring three days per week of in-person presence, which may include time in the office or market-facing engagements.

What you will do

• A high level of responsibility, ownership, and ability to influence strategic decisions. This is a great opportunity to work directly with the business and leadership teams.

• In depth review of the pricing algorithm for all aspects of A&H Lines, supported by global footprint and expertise.

• Set and communicate the pricing algorithm requirements for production systems.

• Monitor performance of the A&H book and track accuracy and completeness of key performance indicators.

• Investment in upscaling pricing capabilities.

• The opportunity to work for a Global company where we often share and leverage insights on best practices with our global colleagues.

• Constantly evolve lines of business, with endless opportunities to add value through new insights and pricing techniques.

• Calculate profit margins on new and renewals of business.

• Coordinate, prepare, and perform actuarial analysis.

• Analyze loss and expense reserves.

• Provide consultation on actuarial models and risk issues.

• Support Market Facing and Technical Underwriters on pricing decisions.

• Ensure the implementation of required governance processes, maintaining compliance with organizational standards and regulatory requirements.

Job Qualifications - What you bring to the table

Required:

• Zurich Certified Insurance Apprentice, including Associates Degree.

OR

• Bachelor’s Degree in Mathematics / Statistics or Actuarial Sciences.

AND

• 5 or more years of experience in the Actuarial area.

• FCAS or equivalent international certification.

OR

• Bachelor’s Degree in Mathematics / Statistics or Actuarial Sciences and 10 or more years of experience in the Actuarial area.

• ACAS or equivalent international certification.

Preferred:

• FCAS designation

• Previous actuarial experience with Professional Lines of business.

• Experience with Microsoft Excel and / or knowledge of statistical analysis software (such as SQL and R)

• Strong verbal and written communication skills.

• Ability to explain technical analysis results to non-technical audiences.

• Experience collaborating on cross-functional team projects.

• Strong verbal and written communication skills.

• Verbal and written proficiency in the English language is required to facilitate communication with internal and external key stakeholders located outside of Quebec.

At Zurich Canada, we are committed to pay equity. We determine compensation based on objective criteria such as skills, experience, and internal equity. The salary range for this position is 110,000 – 160,000. This range reflects the expected pay for the role…