VP & Actuarial Director, Large Account & ARS Pricing

Zurich; Toronto; On-site; CAD 100,000 - 130,000; Full time

Job summary

A leading insurance company in Toronto seeks an experienced Actuarial Leader to oversee the Large Account & ARS Pricing team. The successful candidate will provide strategic insights, develop pricing models, and manage a talented team. Requires a Bachelor's degree and extensive actuarial experience. This role offers a chance to shape the company's pricing strategies and contribute to its business growth.

Qualifications

• 10+ years of experience in the Actuarial area plus FCAS or equivalent international certification.
• 15+ years of experience in Actuarial area plus ACAS or equivalent certification.
• Experience in pricing, reserving, capital management.

Responsibilities

• Lead pricing for large National Accounts and support business growth.
• Develop pricing models and improve model templates.
• Manage profit margins and analyze portfolio performance.
• Provide strategic actuarial insights during discussions with brokers.
• Lead a team of actuaries, clarifying objectives and motivating them.
• Actively recruit talent and enhance Zurich's profile.
• Manage the programs and accounts pipeline.
• Lead design and maintenance of pricing models.
• Research and implement advanced modeling techniques.

Skills

People management skills

Strong verbal communication skills

Strong written communication skills

Analytical Skills

Education

Bachelor's Degree in Actuarial Science

FCAS or equivalent certification

ACAS or equivalent certification

Job description

Overview

Reporting to the Chief Pricing Actuary, you will lead the Large Account & ARS Pricing team that provides actuarial support for individually priced accounts, programs and MGAs. You will be an influential leader that provides actuarial insights to senior leadership in market-facing underwriting as well as technical underwriting and will help drive the performance of the commercial business at Zurich.

Responsibilities

• Lead pricing for large National Accounts, Programs, MGAs, ART/Captives. Support business growth and onboarding of new portfolios.
• Develop pricing models, reflecting complex structures of accounts, high deductibles/SIRs, aggregates. Improve model templates based on technical considerations and priorities for the business.
• Manage profit margins on new and renewal business and lead analyses related to tracking and improving portfolio performance.
• Support discussions with brokers and clients through strategic actuarial insights. Collaborate with market-facing underwriting to deliver creative solutions to our clients.
• Lead a team of experienced actuaries. Build a brilliant team by clarifying objectives, coaching and motivating.
• Actively recruit top-talent and work to raise Zurich’s profile in the insurance industry. Act as an ambassador for the company at industry events and improve the actuarial talent pipeline for Zurich as a whole.
• Strategic management of the programs and accounts pipeline to deliver the highest value for the business.
• Lead the design, testing and maintenance of pricing models and tools.
• Research and implement advanced modeling techniques such as Monte Carlo simulations. Build templates and techniques to improve the sophistication and accuracy of modeling.

Qualifications

Job Qualifications

Required:

Bachelors Degree and 10 or more years of experience in the Actuarial area plus FCAS or equivalent international certification

OR

Bachelors Degree and 15 or more years of experience in the Actuarial area plus ACAS or equivalent international certification

AND

People management skills

Preferred:

• People management experience
• Experience in multiple functional areas (pricing, reserving, capital management) and knowledge/skills reflective of a senior practitioner
• Strong verbal and written communication skills