AVP Reserving Actuary

1 month ago

Old Toronto, Canada Zurich Insurance Full time
The opportunity

Are you looking for a caring, collaborative, values-driven workplace with inspiring teammates and leaders? Do you have the ambition and desire to be the best and thrive at the most impactful global insurance provider in the world? Look no further than Zurich Canada.

If you have experience as a Corporate Actuary and are looking for a new challenge, we would love to hear from you.

Zurich Canada is currently looking for an AVP Reserving Actuary within its Finance Actuarial team.

Reporting to the Chief Actuary, you will manage a team of actuaries to lead reserving studies, perform monthly close, establish partnerships with business leadership on reserving matters, including insights into risks, underlying performance, and implications for the business.

This is a unique opportunity to build your knowledge and experience for the future in a supportive environment where your voice matters.

This is a hybrid work opportunity.

What you will do
  • Review, lead, and coordinate reserving analyses, portfolio profitability management, and communicate results to market-facing business leaders in complex environments and lines of business.
  • Manage a team of 3-4 reserving actuaries.
  • Interface with regulators, auditors, and Peer Reviewers.
  • Support the Quarterly Reserve Committee.
  • Lead the production of the Appointed Actuary’s Report.
  • Perform the monthly close process and communicate results to Finance and Underwriting teams.
  • Conduct financial condition analysis, support ORSA, and participate in Internal Target Setting.
  • Provide consultation and technical expertise on actuarial models and risk issues.
  • Remain current with regulatory/industry practices and apply this knowledge in reserving.
Job Qualifications

What you bring to the table:

Required:

  • Bachelor's Degree OR Zurich Certified Insurance Apprentice, including Associates Degree.
  • 8 or more years of experience in the Actuarial area plus FCAS or equivalent international certification OR 13 or more years of experience in the Actuarial area plus ACAS or equivalent international certification.

Preferred:

  • Experience in multiple functional areas (pricing, reserving, capital management) and knowledge/skills reflective of a senior practitioner.
  • Strong verbal and written communication skills.
Our Culture
  • At Zurich, we are proud of our culture. We are passionate about Diversity, Inclusion, Equity and Belonging (DIEB). We want you to bring your whole self to work, and we want our employees to be reflective of the communities in which we live and work. Our DIEB initiatives are creating an environment where everyone feels welcome.
  • We have a collaborative culture where diversity of thought is valued. We value your input and strive to give our employees the tools they need to make an impact.
  • We care about our employees’ well-being and offer a comprehensive health/benefits plan with varying levels of coverage to suit your specific needs and a competitive total compensation package.
  • We understand how important it is to rest, recharge and do the things you love. At Zurich, all employees receive a minimum of four weeks of vacation per year to do just that.
  • We also understand that employees require time off for personal reasons. Zurich employees receive four personal days per year to be used at their discretion.
  • We are committed to continuous improvement, and offer access to a comprehensive range of training and development opportunities.
  • We care about our communities. Our communities are where our customers, people, and shareholders live and work.
  • We have won numerous awards for our workplace culture.

Make a difference. Be challenged. Be inspired. Be supported. Love what you do. Work for us.

About Us

Zurich Canada is part of the Zurich Insurance Group, a multi-line insurer with approximately 55,000 employees worldwide serving customers in global and local markets. Zurich Canada has been a leading insurance provider serving mid-sized and large companies, including multinational corporations, in the Canadian commercial market for 100 years.

With over 500 employees in offices across the country, Zurich offers the global strength of a top insurance provider combined with in-depth knowledge of industries and local markets.

Zurich Canada aspires to be risk management professionals’ first choice as their premier partner to help meet the risk challenges of today and tomorrow.

A future with Zurich

Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together.

As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here.

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