Director

  • 36979
  • Non-Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Mar 10, 2020
Insurance
RESPONSIBILITIES
  • Provide strategic direction to the Corporate Actuarial Planning team regarding regular corporate financial planning and analyses of the company and its subsidiaries.
  • Collaborate with business groups such as Finance, Pricing, Strategic Initiatives, Internal Audit, Enterprise Risk Management, Personal and Commercial Insurance and regional offices to gather and validate inputs into the business plan and reforecasts.
  • Collaborate with key stakeholders in Finance, Pricing, and the business functions to forecast assumptions around business growth, retention and profitability, with a focus and responsibility for the loss ratio estimates.
  • Translate actuarial and financial analysis results into useful management information leveraging analyses, tools and insights from across department functions.
  • Work closely with the corporate actuarial reserving team to optimize alignment of all forecasting assumptions; monitor and measure assumptions against actual results; and ensure actuarial insights are accurately incorporated into the business plan and rolling forecasts.
  • Recommend and implement enhancements to the planning process to improve process efficiencies and model parameterization.
  • Ensure that all analyses, reports and documentation are compliant with internal company policies, regulatory requirements and professional standards of practice.
  • Communicate planning results to senior leadership teams including Personal Insurance, Commercial Insurance, and consolidated views as appropriate.
  • Provide leadership and guidance, technical instruction and ongoing coaching to direct reports.
QUALIFICATIONS
  • University Degree in Actuarial Sciences, Finance, Business Management or other relevant discipline.
  • Must have successfully completed Associate of the Casualty Actuarial Society or of an international actuarial organization equivalently recognized by the Casualty Actuarial Society.
  • Minimum 6 years of relevant property & casualty insurance planning experience.
  • 5+ years of recent leadership experience with success in leading teams toward execution of initiatives.
  • Exceptional communication, presentation and influencing skills with the ability to work with all levels of the organization.
  • Team player who is collaborative and adaptable to a fast-paced work environment.