Consulting Director, Actuarial

Socket.dev; Toronto; On-site; CAD 125,000 - 156,000; Full time

Job summary

The Actuary role at CNA leads pricing modernization and portfolio analytics for the Canadian Branch, partnering with underwriting and the global actuarial team to shape risk strategy.

Ideal candidates hold FCAS, have a bachelor’s degree, 10+ years of experience, and will guide senior leadership with analytics, while earning a base salary range of $125,000 to $156,000 plus a comprehensive benefits package and inclusive culture that supports growth and wellbeing.

Qualifications

• Bachelor's degree or equivalent in a relevant discipline.
• Ten years of related actuarial experience typical.
• Fellowship accreditation (FCAS) typical.
• Strong analytical and problem-solving skills.

Responsibilities

• Leads the development and application of portfolio analytics to identify profitability trends, rate adequacy issues, growth opportunities, and underwriting actions across Canadian business segments.
• Provides actuarial guidance and business insights related to profitability; acts as account manager on key broker/client engagements.
• Collaborates with senior leadership to develop pricing, portfolio management and underwriting strategy for the Canadian Branch; drives innovation in products.

Skills

Actuarial principles

Portfolio analytics

Leadership

Communication

Problem solving

Education

Bachelor's degree or equivalent

FCAS Fellowship

10+ years experience

Tools

Microsoft Office Suite

AI tools (Copilot)

Job description

JOB DESCRIPTION:

You have a clear vision of where your career can go. And we have the leadership to help you get there.At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.

An experienced Actuary who directly manages, plans, and implements large complex actuarial deliverables such as pricing modernization, portfolio performance management and underwriting support. The incumbent will be accountable for working to establish a pricing and portfolio analytics strategy for the Canadian Branch. The incumbent will work closely with our Underwriting Partners and Global Actuarial Team.

Essential Duties & Responsibilities

Performs a combination of duties in accordance with departmental guidelines

• Leads the development and application of portfolio analytics to identify profitability trends, rate adequacy issues, growth opportunities, and underwriting actions across Canadian business segments.
• Provides business partners and functional subject matter expertise, actuarial guidance and business insights related to profitability. Acts as account manager on key broker/client engagements.

• Builds strong relationships with team members, peers, business partners and leaders across multiple functions to ensure optimal implementation of business strategies aligned with actuarial insights and analytics.
• Collaborates with and influences senior leadership in the development and implementation of pricing, portfolio management and underwriting strategy for the Canadian Branch. Drives innovation in products through thought leadership.
• Participates with senior leadership in the development and implementation of actuarial policies, business strategies and goals, regularly evaluating performance against goals, and holding self and team accountable for achieving desired results.
• Oversees and/or executes onthe production of highly technical actuarial analyses including pricing, segmentation, rate monitoring, and portfolio performance reporting, to support senior management and underwriting decisions.
• Stays up to date in actuarial expertise, provincial/federal regulations and industry trends and development to lead decisions related to line of business.
• Ensures team is maintaining clear documentation of methods.

Skills, Knowledge & Abilities

• Senior level knowledge of actuarial principles, practices and procedures and industry issues as they relate to the organization.
• Strong capability in portfolio diagnostics, profitability analysis, rate monitoring, and translating actuarial insights into business actions.
• Ability to effectively lead, coach and develop an actuarial group.
• Ability to achieve results by taking a proactive long-term view of business goals and objectives.
• Experience influencing business partners at various levels.
• Ability to achieve results by taking a proactive long-term view of business goals and objectives.
• Excellent analytical, critical thinking and problem-solving skills with the ability to effectively resolve complex situations and issues.
• Proven ability to exercise professional judgment, manages available resources and assumes responsibility for decisions which have impact.
• Ability to creatively and effectively manage through ambiguous and challenging problems, takes appropriate levels of risk and leads through change.
• Strong knowledge of Microsoft Office Suite and other enterprise business tools, including responsible use of AI‑enabled technologies (such as Copilot or similar) to enhance efficiency, analysis and workflow in accordance with company policies.

Education & Experience

• Bachelor’s Degree in a relevant discipline or equivalent.
• Typically a minimum of ten years of related work experience.
• Typically has attained Fellowship accreditation (FCAS).

Our Total Rewards philosophy reflects our commitment to building a high-performing, inclusive culture where every team member is empowered to grow, contribute, and thrive. We value the unique strengths and perspectives each individual brings to our business, our clients, and our communities. The base salary range for this position is $125,000 to $156,000, complemented by a comprehensive and competitive benefits package to help our employees – and their family members – achieve their physical, financial, emotional, and social wellbeing goals. Base salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. Please note that this posting is for an existing vacancy.

At CNA, we are committed to providing equal employment opportunities to all employees and applicants. It is our policy to provide equal employment opportunities to employees and applicants based on job-related qualifications and ability to perform a job. If you require an accommodation during the hiring process or upon hire, please inform Human Resources. If a selected applicant requests accommodation during the recruitment process, CNA will consult with the applicant in order to provide suitable accommodation that takes into account the applicant’s accessibility needs.