Commercial Pricing Actuary

  • 37868
  • Non-Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Aug 3, 2020
Insurance
RESPONSIBILITIES
  • Monitor profitability for Canadian profit centres and work with management to set rate targets each year.
  • Provide strategic actuarial advise to senior management with respect to issues such as rate indications and pricing.
  • Develop structure for regular review of rate adequacy and profitability.
  • Transactional Pricing.
  • Put action plan in place to ensure seamless monitoring of rate levels, rate changes and rate adequacy.
  • Identify current capabilities and gaps in data capture.
  • Coordinate and ensure consistency in approach and execution of pricing assessments, rate development and rating models.
  • Work with Head Office actuaries on pricing models and ensuring proper Canadian considerations.
  • Produce strategy to determine what we need to be charging and to determine what we are charging.
QUALIFICATIONS
  • BS in Actuarial Science, Mathematics, Statistics, or related area.
  • Fellow of Casualty Actuarial Society or close to completing actuarial exams.
  • 5 years or more actuarial experience in property casualty insurance. Pricing experience preferred.
  • Strong analytical, technical, time management and problem- solving skills.
  • Takes initiative on projects and assignments; seeks alternative solutions.
  • Works well both independently and as part of a team.
  • Proficiency in Excel, Access, VBA, or other related skills.
  • Strong business and collaboration skills, and responsive to service needs and operational demands.
  • Effective time management skill.
  • Capability to balance multiple projects with competing deadlines.