Vice-President, Actuarial Pricing

Optimum General Insurance; Montreal (administrative region); Hybrid; CAD 120,000 - 160,000; Full time

Benefits offered by this job

Comprehensive group insurance plan

Competitive retirement plan with employer contributions

Hybrid work model with flexible hours

Access to virtual physician and Employee Assistance Program

Job summary

A respected property and casualty insurance company in Canada is seeking a Vice President, Actuarial Pricing for their office in Montreal. The role involves leading pricing and risk management strategies, collaborating with senior leadership, and ensuring profitability across the national branches. Candidates must have a bachelor's degree in Actuarial Science or Mathematics, an FCAS designation, and at least 10 years of industry experience. Bilingual communication in French and English is mandatory, with a focus on delivering actionable insights to drive growth.

Qualifications

• Minimum of 10 years of experience in the property and casualty insurance industry.
• Proven leadership experience in managing actuarial teams.
• Fluent in French and English.

Responsibilities

• Oversee actuarial pricing across the pan-Canadian market.
• Lead and develop the actuarial team for high-quality analyses.
• Collaborate with IT and branch leadership on pricing strategies.

Skills

Results-driven leadership

Risk management expertise

Strong decision-making

Exceptional communication

Education

Bachelor’s degree in Actuarial Science or Mathematics

Fellow of the Casualty Actuarial Society (FCAS)

Job description

As a stable and respected property and casualty insurance company in Canada, Optimum Général Inc. (OGI) is fully dedicated to independent brokers, offering specialized and innovative solutions to its partners and policyholders. Our modular products are available exclusively through our extensive network of carefully selected independent brokers across Canada. Committed to building long‑term relationships, we provide personalized service and tailor‑made products that meet the emerging needs of individuals and businesses. Our main lines of business are commercial property and liability insurance for businesses, as well as property and automobile insurance for individuals. Our skilled, client‑focused experts underwrite a wide range of risks, including niche and non‑standard segments.

Since 1976, our team has been providing insurance to Canadians from our offices in Quebec, Ontario, Manitoba, Alberta, and British Columbia. OGI is a Canadian company operating through its two subsidiaries: Optimum Société d’Assurance Inc. and Optimum West Insurance Company Inc.

About the Role

OGI is seeking a Vice President, Actuarial Pricing to join its Montreal office. Reporting to the President of OGI, this executive role will be instrumental in shaping the company’s future, driving profitable growth, and expanding its national presence across seven Canadian branches. The VP will lead pricing and risk management strategies, delivering actionable insights to senior management, collaborating closely with IT, Corporate Actuarial, Reinsurance, and branch leadership teams, and ensuring that all initiatives support the company’s growth objectives, strong underwriting culture, and long‑term financial performance. As a member of the Internal Management Committee, the Vice President, Actuarial Pricing will have a direct voice in strategic decision‑making and play a key role in guiding the organization’s direction at the highest level.

At OGI, you’ll find more than just a role—you’ll have the opportunity to build a meaningful, long‑term career in an environment that values collaboration, professionalism, and service excellence. Here, your expertise is recognized, your ideas are encouraged, and your impact can truly be felt.

Main Responsibilities

• Coordinate and oversee actuarial pricing across the pan‑Canadian market, ensuring consistency and accuracy.
• Serve as a key member of the senior management team, contributing to strategic decision‑making and enterprise‑level initiatives.
• Lead, mentor, and develop the actuarial team to deliver high‑quality analyses and actionable insights.
• Define and implement pricing and risk management strategies to ensure profitability, portfolio growth, and adherence to underwriting rules.
• Collaborate with IT, Corporate Actuarial, Reinsurance, and branch leadership teams to ensure pricing models and tools support business objectives.
• Monitor emerging market trends, regulatory changes, and competitive dynamics to inform actuarial strategies.
• Lead the development and enhancement of actuarial models, rating tools, and analytics to drive data‑informed decisions.

Business & Strategic Impact

• As an active member of the Internal Management Committee, partner with senior leadership to evaluate business performance and identify opportunities for growth and operational improvement.
• Build strong relationships with branch leaders, brokers, and other stakeholders to ensure pricing strategies meet market needs.
• Promote operational excellence by implementing best practices, process improvements, and ensuring compliance with corporate policies and regulations.

Experience / Education

• Bachelor’s degree in Actuarial Science, Mathematics, or a related discipline
• Fellow of the Casualty Actuarial Society (FCAS) designation
• Minimum of 10 years of progressive experience in the property and casualty insurance industry
• Proven leadership experience with demonstrated success in managing actuarial teams, driving operational excellence, and supporting business strategy

Required Skills

• Results‑driven leader with strategic judgment and executive influence
• Strong decision‑maker with understanding of business priorities and risk trade‑offs
• Confident presenter to senior leadership, boards, and external stakeholders
• Expertise in risk management, pricing strategy, and Canadian P&C insurance
• Solid business acumen with knowledge of core business and financial principles
• Skilled in defining enterprise strategies and driving process improvements
• Proven ability to lead, inspire, and mobilize high‑performing teams
• Exceptional written and verbal communication in French and English. Proficiency in English is required due to frequent communications with our teams located in other Canadian provinces.

Why choose Optimum?

Some of our benefits

• A collaborative and participative work environment, with attentive and approachable managers.
• A comprehensive group insurance plan and a competitive retirement plan with employer contributions.
• Free access to a virtual physician and the Employee Assistance Program (EAP).
• Company events: social activities, conferences, fitness challenges, and more.
• Possible discounts on personal home and auto insurance premiums.
• Hybrid work model with flexible start and end times.