Chief Actuary, Canada

McNeil & Co.; Toronto; On-site; CAD 320,000 - 350,000; Full time

Benefits offered by this job

Medical and dental coverage

Pension plan

Incentive bonus

Job summary

Arch Insurance Canada is seeking an experienced actuarial executive to lead pricing, reserving, analytics, and actuarial oversight for the Canadian business. As a member of the Canadian Executive Leadership Team, this role delivers actuarial leadership that supports profitable growth, financial discipline, and data-driven decision-making.

The successful candidate will combine deep Canadian Property & Casualty actuarial expertise with strong business acumen, hands-on leadership, and North

Qualifications

• FCIA or FCAS designation and 15+ years of P&C actuarial experience.
• Extensive Canadian P&C pricing and portfolio management experience.
• Strong IFRS 17 knowledge and regulatory reporting.
• Advanced data and programming skills; experience with Snowflake and Python.
• Proven leadership, communication, and stakeholder management.

Responsibilities

• Lead pricing, portfolio management, reserving, regulatory reporting, and capital support.
• Set portfolio strategy with underwriting and executive leadership.
• Oversee external actuarial reviews and IFRS 17 reporting.
• Align Canadian methods with North American framework.
• Develop analytics and management reporting capabilities across the organization.
• Mentor and develop a high-performing actuarial team.
• Partner with business and technology teams to extract and analyze data.

Skills

Actuarial leadership

Pricing

Reserving

IFRS 17

Data analytics

Python

Snowflake

Regulatory reporting

Stakeholder management

Team leadership

Education

FCIA/FCAS designation

Tools

Snowflake

Python

Job description

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility.

Position Summary

Arch Insurance Canada is seeking an experienced actuarial executive to lead pricing, reserving, analytics, and actuarial oversight for the Canadian business. As a member of the Canadian Executive Leadership Team, this role is responsible for delivering actuarial leadership that supports profitable growth, financial discipline, and data-driven decision-making. The successful candidate will combine deep Canadian Property & Casualty insurance expertise with strong business acumen, advanced analytical capabilities, and a hands‑on approach to leadership. The role operates within a broader North American Insurance actuarial framework and works closely with the North American EVP, Chief Actuary to ensure the Canadian business leverages North American best practices while addressing the unique requirements of the Canadian market and regulatory environment.

Key Responsibilities

Lead all actuarial functions, including pricing, portfolio management, reserving, regulatory reporting, and capital support. Partner with underwriting and executive leadership to set portfolio strategy, evaluate growth opportunities, challenge assumptions, and manage risk‑adjusted profitability. Provide oversight and challenge of external actuarial reviews, reserve analyses, and IFRS 17 reporting. Align Canadian pricing methodologies, reserving practices, actuarial standards, and governance with North American framework while owning material Canadian market or regulatory considerations. Support the adoption and effective use of enterprise actuarial systems, tools, and reporting capabilities. Develop and enhance actuarial, analytics, and management reporting capabilities across the organization. Work directly with business and technology teams to identify, extract, validate, and analyze insurance data. Build actionable reporting and business insights that support executive decision‑making. Mentor and develop a high‑performing actuarial and analytics team while elevating technical and data capabilities. Operate as a hands‑on leader, supporting complex analytical, data, and business challenges when required.

Qualifications

FCIA or FCAS designation. 15+ years of Property & Casualty actuarial experience. Significant Canadian P&C pricing and portfolio management experience. Deep expertise in pricing, profitability analysis, reserving, and underwriting performance management. Strong knowledge of IFRS 17, actuarial financial reporting, and Canadian regulatory requirements. Advanced programming skills and experience working with data platforms such as Snowflake and Python. Strong understanding of database architecture, data governance, and actuarial data management. Proven experience extracting, validating, and interpreting large insurance datasets. Exceptional leadership, communication, and stakeholder management skills.

For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible. CAD $320,000 TO $350,000 Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.

Arch is committed to helping employees succeed through our comprehensive benefits package that includes medical plus dental, vision and prescription drug coverage; a competitive retirement plan with generous matching; Vacation plus 4 Lieu Days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Off plus 8 Sick Days per year; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Maternity Leave top up of up to 18 weeks and Parental leave top up of 6 weeks; and Tuition Reimbursement.

Arch Capital Group Ltd. is a Bermuda-based specialty insurer that provides insurance, reinsurance and mortgage insurance on a worldwide basis. With a 20+-year track record of delivering results and a coveted position on the S&P 500 index, Arch is a great place to grow your career.