Director, Actuarial

CNA Insurance; Toronto; On-site; CAD 100,000 - 140,000; Full time

Job summary

A leading insurance firm in Toronto is seeking an experienced Actuary to manage complex actuarial deliverables and develop pricing strategies. The ideal candidate will have over 10 years of experience, strong leadership skills, and the ability to influence business partners. This role ensures optimal implementation of business strategies and involves collaboration with senior leadership in product innovation.

Qualifications

• Minimum of ten years of related work experience.
• Ability to lead and develop an actuarial group.
• Proven ability to exercise professional judgment.

Responsibilities

• Manage and implement large complex actuarial deliverables.
• Provide actuarial guidance and business insights.
• Collaborate with senior leadership on pricing strategy.

Skills

Senior level knowledge of actuarial principles

Leadership and coaching

Analytical and problem solving skills

Effective communication

Ability to manage through change

Education

Bachelor’s Degree in a relevant discipline

Fellowship accreditation (FCAS)

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 Financial Condition Testing, Pricing Transformation Projects, Underwriting Support and Regulatory Requests. The incumbent will be accountable for working to establish a pricing strategy for the Canadian Branch. Provides consultation to Underwriting Partners

Job description

Essential Duties & Responsibilities

• Performs a combination of duties in accordance with departmental guidelines
• Provides business partners and functional subject matter experts 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 in order 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 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 on the production of highly technical actuarial analyses and reports to communicate to other analytical staff and to senior management.
• Stays up to date in actuarial expertise, provincial / federal regulations and industry trends and development in order 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.
• 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.
• 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 assume 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.

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).

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.

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