Actuarial Advisor

  • 38452
  • Non-Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Oct 27, 2020
Insurance
RESPONSIBILITIES
  • Contribute actively to developing an optimal pricing strategy based on claim cost models, behavioural models and competitive intelligence.
  • Coach and mentor junior staff regarding various actuarial initiatives.
  • Participate actively in the updating of cutting-edge pricing techniques in an evolving and uncertain regulatory environment in a way that minimizes the adverse impact on company’s members and clients, and spurs profitable growth.
  • Understand, build and improve the pricing algorithms for our auto products using modern modeling techniques.
  • Conduct detailed actuarial analyses by analyzing data, make appropriate assumptions, communicate results to the stakeholders and make recommendations in a fast-paced environment.
  • Produce and analyze reports that monitor the evolving trends in the book of business and recommend rating and underwriting actions based on observations.
  • Perform ad-hoc quick or deep dive analyses.
  • Contribute to improving the RSP cession strategy.
  • Contribute to completion and submission of regulatory rate filings.
QUALIFICATIONS
  • A degree in Actuarial Science, Mathematics or Statistics.
  • Three years of experience and successful completion of at least four CAS exams.
  • P & C Insurance knowledge, Microsoft Office Suite, SAS, VBA, R.
  • Client-focused, adaptable, team oriented, curious, can-do attitude, good synthesizing, communication and stakeholder management skills.
  • Previous Canadian personal auto pricing experience preferred.