Director

  • 38348
  • Non-Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Oct 9, 2020
Insurance
RESPONSIBILITIES
  • Support the immediate supervisor by helping with work organization, operational planning and special initiatives.
  • Develop, implement and track the unit’s action plan, ensuring alignment with the organization’s strategic orientations and other administrative units, in a performance management context.
  • Establish management and communication practices that support change management, talent attraction and retention, skills development, employee engagement, and diversity in keeping with company values.
  • Define and ensure the implementation of activities related to the unit’s services and ensure entrusted projects are carried through so as to maximize targeted business results and ensure member and client satisfaction.
  • Support the administrative unit’s action plan by successfully managing individual and team performance.
  • Continuously improve the management of processes under your responsibility.
  • Promote company’s cooperative values.
  • Represent the organization and conduct business intelligence.
  • Establish and provide ratemaking assumptions in the course of the annual budget.
  • Monitor performance at sufficient granular level in collaboration with Portfolio Governance team.
  • Take necessary and timely rating actions for all personal auto products and distribution networks allowing competitiveness with other insurers while ensuring profitable growth.
  • Overall Rate Level Analysis on regular basis for all auto products.
  • Maintain and evolve segmentation: cost of losses and behavioral models.
  • Manage and evolve the pricing strategy.
  • Take various client-focused initiatives.
  • Develop and maintain the RSP disposal strategy.
  • Liaise with decision-making, regulatory bodies and industry reps that set industry standards and influence stakeholders with respect to insurance product and services.
  • Ensure ongoing compliance with regulatory guidelines and mandates for each jurisdiction.
  • Provide personal auto pricing expertise for various initiatives in collaboration with other departments.
QUALIFICATIONS
  • Bachelor's degree in a related field.
  • A minimum of nine years of a relevant experience, including 4 years in management.
  • At least 5 years of Personal Lines Pricing experience.
  • Fellow of Casualty Actuarial Society and Fellow of Canadian Institute of Actuaries.