Senior Manager

  • 37204
  • Non-Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Apr 14, 2020
Insurance
RESPONSIBILITIES
  • Assist is the development and implementation of sound rates and rating plans or models.
  • Assist in the development and pricing of new products.
  • Provide analysis of trends, factors or issues impacting Underwriting results.
  • Work with regulatory unit to make filings.
  • Prepare statistical studies to meet underwriting strategies and reserve analysis needs.
  • Produce estimates of our loss and loss expense liabilities.
  • Assist in the forecasting and interpretation of underwriting results to aid management in planning process. Analyze and interpret trends.
  • May participate in discussions regarding underwriting strategy.
  • Execute directed strategy or recommend strategy to improve profitability of the business.
  • Assist in the development of data retrieval, categorization, and reporting systems.
  • Develop reports needed by senior management and Underwriting to monitor progress in improving profitability and implementation of business.
  • Recommend solutions for process inefficiencies.
  • Preview, test and utilize vendor products and data. Integrate into the business decision making process.
  • Work with IT on modeling, developing, testing and integrating new systems or technologies.
  • Compile data as requested by supervisor.
  • Complete analysis and summarize results.
  • Assist in putting together recommendations for Business Unit Leadership.
  • Assist with the implementation of actions decided upon through research.
  • May work with predictive modeling concepts.
  • Manage or participate in key actuarial projects.
  • Present projects to underwriting and actuarial management.
  • May supervise actuarial function or staff. Develop and motivate staff to achieve technical excellence and ensure effective performance.
QUALIFICATIONS
  • Bachelor’s Degree in actuarial science, mathematics, economics or statistics or equivalent.
  • 4 years’ actuarial experience.
  • Generally has 4 to 7 years of Actuarial experience.
  • Prior management experience preferred.
  • Familiarity with actuarial and other insurance related models.
  • Solid understanding of financial reporting; understanding of income statements and balance sheets.
  • Solid understanding of insurance products and industry.
  • Understanding of regulatory environment.
  • Has achieved Associateship.
  • Strong PC skills. Excel, Access, PowerPoint and Word.
  • Sound understanding of data bases and data extraction.