Manager

  • 36907
  • Non-Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Feb 28, 2020
Insurance
RESPONSIBILITIES
  • On a consistent basis, evaluate and enhance the underwriting and pricing framework through statistical analysis and portfolio reviews.
  • Drive improvements in profitability analysis tools developed for actuarial, underwriting and other department leaders.
  • Gather and share knowledge gained from statistical reports measuring key portfolio performance indicators.
  • Communicate results of various analyses to the Actuarial and Regional Underwriting senior leaders.
  • Develop and maintain a professional relationship with the Regions to enhance profitability and growth through portfolio analysis and insights. Participate in the development of rate change indications for various portfolio segments of the company.
  • Develop deep insights in portfolios with respect to profitability drivers.
  • Liaise with Regional Underwriting to review portfolio analysis and develop strategies to stimulate growth and profits, including implementation of renewal rate change frameworks.
  • Build strong relationships with Regional and Corporate Underwriting Leaders and other key stakeholders to drive efficient and effective implementation of profitable growth initiatives.
  • Review and communicate technical rates for large accounts/programs based on loss-rating and exposure-rating approaches.
  • Develop and maintain guidelines to regional underwriting related to actuarial pricing support on large accounts/programs.
  • Drive consistent and efficient large accounts/pricing rating framework.
  • Ensure adequate and efficient completion of large account/program pricing analysis provided to regional underwriters.
  • Develop an innovative and productive work unit in order to ensure that adequate staffing levels and expertise are available to meet departmental objectives and ad hoc projects.
  • Manage, supervise and coach direct reports/project teams.
  • Provide assistance and training to other employees to efficiently use standard actuarial techniques; supervise/coach actuarial project teams.
  • Initiate research projects.
  • Other duties as assigned.
QUALIFICATIONS
  • Post-secondary school education in related field of Actuarial Sciences, or Mathematics.
  • Must have at least a Designation of Associate of the Casualty Actuarial Society.
  • Minimum 7-10 years’ experience in the insurance industry.
  • Strong working knowledge of Microsoft Excel, Word, PowerPoint and SAS. VBA and Access are assets.
  • Strong working knowledge of ratemaking policies and procedures.
  • Strong working knowledge of advanced mathematical theory and mathematical programming languages.
  • Solid knowledge of insurance products and the insurance distribution process.
  • Strong working knowledge of legal statutes regulating the insurance industry.
  • Ability to direct the analysis of premium and loss data to determine rate adequacy.
  • Ability to develop an innovative and productive work unit in order to ensure that adequate staffing levels and expertise are available to meet departmental objectives and ad hoc projects.
  • Superior research and analytical skills.
  • Superior interpersonal/coaching skills.
  • Excellent ability in explaining complex terms / processes in simple language.
  • Excellent ability to plan, organize and manage multiple demands and changing priorities and deliver results.
  • Excellent communication skills.
  • Strong presentation, listening and coaching skills.
  • Customer-focused.
  • Ability to set meaningful departmental goals and deliver results.
  • Ability to manager staff and work, such that all contribute to business unit and company goals.
  • Strong conflict resolution skills.
  • Adaptable/flexible.
  • Ability to establish and manage both personal and professional development plans.
  • Ability to independently develop solutions of significant importance.
  • Ability to provide strategic direction.
  • Team player.