Job Information
Zurich NA Programs Pricing Actuary in Toronto, Ontario
Programs Pricing Actuary
118036
The Opportunity
Are you looking for a caring, collaborative, values-driven workplace with inspiring teammates and leaders? Do you have the ambition and desire to be the best and thrive at the most impactful global insurance provider in the world? Look no further than Zurich Canada.
If you have previous management and underwriting experience and are looking for a new challenge, we would love to hear from you.
Zurich Canada is looking for a Programs Pricing Actuary to manage the pricing or risk management process for the assigned line(s) and provides support and advice to the relevant chief pricing actuary, chief reserving actuary or risk officer and to the actuarial business partners. This includes daily consultations with Market Facing Underwriters and Underwriting Leadership and providing insights into risks, underlying performance and implications for the business. You will use your strong data management skills to work on mid to large complex risks – developing your knowledge of various property and casualty products with the accountability to resolve complex pricing problems. You will mentor junior actuarial staff and market facing underwriters.
This role is highly influential and will directly impact our ability to attract and retain business.
This is a hybrid opportunity.
What you will do:
• Lead/support the pricing of new/renewal business and development of effective premium/rating structures in complex environments and lines of Business.
• Manage profit margins on new and renewal business and lead analyses related to tracking, improving and monitoring portfolio performance.
• Coordinate, prepare and perform actuarial analyses including trend analyses, reinsurance analyses and analyses of loss and expense reserves, as it relates to pricing adequacy and strategic direction.
•Collaborate with and influence Market Facing and Product Underwriting on strategic portfolio and individual account pricing decisions.
• Provide consultation and technical expertise on actuarial models and risk issues.
• Lead and drive the design, testing and maintenance of pricing models and tools.
• Interface with regulators and auditors on pricing issues.
• Remain current with regulatory/market conditions and apply this knowledge in pricing.
• Take a lead role in pricing accounts, performing risk transfer analysis, and reviewing collateral needs.
• May interact with external customers and clients through the pricing of large, complex products and individual
Job Qualifications - What you bring to the table:
Required:
• Zurich Certified Insurance Apprentice, including Associates Degree
OR
• Bachelors Degree
AND
• 8 or more years of experience in the Actuarial area plus FCAS or equivalent international certification
OR
• 13 or more years of experience in the Actuarial area plus ACAS or equivalent international certification
Preferred:
• Experience in multiple functional areas (pricing, reserving, capital management) and knowledge/skills reflective of a senior practitioner
• Strong verbal and written communication skills
Our Culture
• At Zurich, we are proud of our culture. We are passionate about Diversity, Inclusion, Equity and Belonging (DIEB). We want you to bring your whole self to work, and we want our employees to be reflective of the communities in which we live and work. Our DIEB initiatives are creating an environment where everyone feels welcome.
• We have a collaborative culture where diversity of thought is valued. We value your input and strive to give our employees the tools they need to make an impact.
• We care about our employees’ well-being and offer a comprehensive health/benefits plan with varying levels of coverage to suit your specific needs and a competitive total compensation package.
• We understand how important it is to rest, recharge and do the things you love. At Zurich, all employees receive a minimum of four weeks of vacation per year to do just that.
• We also understand that employees require time off for personal reasons. Maybe you have an appointment during a workday, a cultural or religious holiday you would like to observe, or you need time off to focus on your mental health. Zurich employees receive four personal days per year to be used at their discretion.
• We are committed to continuous improvement, and offer access to a comprehensive range of training and development opportunities.
• We care about our communities. Our communities are where our customers, people, and shareholders live and work. While we can be proud of the contribution to society Zurich makes through our core business of insurance, we must also give back to our communities through our talent, time and resources.
• We have won numerous awards for our workplace culture. We are proud to be one of Greater Toronto’s Top Employers and to have received Insurance Business Canada’s 5-Star Diversity, Equity and Inclusion Award.
Make a difference. Be challenged. Be inspired. Be supported. Love what you do. Work for us.
About Us:
Zurich Canada is part of the Zurich Insurance Group, a multi-line insurer with approximately 55,000 employees worldwide serving customers in global and local markets. Zurich Canada has been a leading insurance provider serving mid-sized and large companies, including multinational corporations, in the Canadian commercial market for 100 years. With over 500 employees in offices across the country, Zurich offers the global strength of a top insurance provider combined with in-depth knowledge of industries and local markets. Zurich Canada aspires to be risk management professionals’ first choice as their premier partner to help meet the risk challenges of today and tomorrow. Read more at www.zurichcanada.com.
A future with Zurich
Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 148 years of experience managing risk and supporting resilience. We are a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. Today, we serve more than 25 industries, from agriculture to technology and insure 90% of the Fortune 500®. Our growth strategy is not limited to our business. As an employer, Zurich strives to provide ongoing career development opportunities and foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our people, our customers and the communities we serve.
As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers’ expectations. Zurich is committed to providing a diverse, inclusive and barrier-free environment resulting in an accessible organization for employees, customers, and other parties who interact with, or on behalf of, Zurich. We strive to achieve a workplace free of discrimination of all forms, including discrimination on the basis of physical or mental disability, or medical condition. If you are interested in a job opportunity, please advise if you require an accommodation, so we can work with you to provide a more accessible process.
Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich Canadian Holdings Limited. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission.
Only applicable for Canada: For Zurich Canada's commitment to diversity and accessibility pleaseclick here (https://www.zurichcanada.com/en-ca/about-zurich/accessibility) .If you would prefer to not receive future electronic messages from Zurich Insurance Company Ltd's recruitment management system, please email your request to have your job profile deleted from the system by clickinghere (casl.opt.out.grms@zurich.com) . Zurich Insurance Company Ltd 100 King St., W., Suite 5500, Toronto, ON, M5X 1C9. www.zurichcanada.com
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