Director, Actuarial Pricing

  • 34971
  • Non-Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Mar 25, 2019
  • Rework conventional methodology to develop new analytical approaches when an issue doesn’t fit customary frameworks.
  • Identify & creatively use conventional and non-conventional data sources independently.
  • Translate high-level business needs into appropriate analysis.
  • Articulate how the impact of research connects to business priorities.
  • Present recommendations to executive management and business partners; including implications.
  • Lead in-depth efforts in applying, validating, and implementing predictive models.
  • Proactively stay abreast of industry, developments, changing trends and jurisdictional issues.
  • Direct industry analysis and benchmarking studies.
  • Adjust strategy as appropriate to anticipate, respond to, and manage trends.
  • Design analysis to be actionable.
  • Develop and maintain effective relationships with business partners.
  • Partner with peers across the company to ensure consistency and alignment where appropriate.
  • Perform other duties as assigned.
  • Bachelor’s Degree in actuarial science, mathematics, economics or statistics or equivalent. 5 years’ actuarial experience.
  • Has achieved Fellowship FCAS or equivalent.
  • Typically 10+ years of relevant work experience preferred or Bachelor’s degree with typically 15+ years of relevant work experience.
  • Relevant work experience should be in directing and performing research and/or advanced analytic work in the insurance industry.
  • Solid communications skills, i.e. written, verbal, leading meetings, explaining complex technical information to a non-technical audience.
  • Solid understanding of actuarial and other insurance related models.
  • May have expertise in a specific area.
  • Strong understanding of financial reporting, both GAAP and Stat. Strong understanding of income statements and balance sheets.
  • Solid understanding of regulatory environment. Strong PC skills - Excel, Access, PowerPoint & Word.
  • Strong understanding of databases and data extraction.
  • Strong two-way communication skills; able to actively listen for understanding and to articulate in clear, concise manner, particularly within an Underwriting environment.
  • Ability to read/revise/review a statistical software program; Ability to create or direct the development of advanced programs from scratch.
  • Demonstrates excellent ability and knowledge of database principles, data profiling, statistics and insurance-related data modeling and can apply this knowledge in the most complex situations.
  • Develops or directs individuals who develop new approaches, methods or policies in the area.