AVP, Personal Auto Pricing

Zurich 56 Company Ltd; Montreal; Hybrid; CAD 90,000 - 130,000; Full time

Job summary

A leading insurance provider in Montreal is seeking an AVP, Personal Auto Pricing. You will support pricing strategies and collaborate with business partners while leading actuarial analyses. The ideal candidate has over 8 years of Actuarial experience, preferably with FCAS or ACAS certifications. This role offers a hybrid work environment and a commitment to diversity and career development.

Benefits

Comprehensive health benefits

Minimum four weeks vacation

Continuous training and development opportunities

Qualifications

• 8+ years of experience in the Actuarial area or 13+ years with ACAS.
• Experience in multiple pricing functional lines is preferred.

Responsibilities

• Support pricing of new business and renewal book.
• Lead interaction with rate regulators and auditors.
• Coordinate and perform actuarial analyses.

Skills

Analytical thinking

Strong communication skills

Education

Zurich Certified Insurance Apprentice

Associates Degree

FCAS or equivalent

ACAS or equivalent

Job description

Zurich Canada is seeking an AVP, Personal Auto Pricing to provide support and advice to the Head of Retail, Chief Pricing Actuary, and various business partners, including insights required for performance management. Reporting to the VP & Actuarial Director, you will lead the discussion and completion of the rate change, filing & implementation process with rate regulators and partners, and work to increase the level of risk segmentation of pricing algorithm. This is a hybrid work opportunity.

What you will do

• Under minimal supervision, support the pricing of new business and renewal book and development of effective premium / rating structures.
• Lead interaction and act as subject matter expert with rate regulators, external partners and auditors on pricing topics.
• Lead development of the technical capabilities of the team, including creation and interpretation of predictive models as well as reporting capabilities
• Extensive understanding of factors impacting loss cost and premium and support efforts for an increase pricing sophistication
• Under minimal supervision, 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 including trend analyses, reinsurance analyses and analyses of loss and expense reserves, 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, implementation, testing and maintenance of pricing models and Tools.
• Remain current with regulatory / market conditions and apply this knowledge in pricing.
• Support the team’s junior analysts with the actuarial tasks and their professional development

Job Qualifications - What you bring to the table

• Required:
• Zurich Certified Insurance Apprentice, including Associates Degree
• OR
• 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 pricing functional lines of business in different provinces 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 (DIEB). 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.

A future with Zurich

Now is the time to move forward and make a difference. 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.

Only applicable for Canada: For Zurich Canada's commitment to diversity and accessibility please click here . If you would prefer to not receive future electronic messages from Zurich Insurance Company Ltd's recruitment management system, please email your request to have your job profile deleted from the system by clicking here . Zurich Insurance Company Ltd 100 King St., W., Suite 5500, Toronto, ON, M5X 1C9. www.zurichcanada.com