Pricing Actuary
5 months ago
Pricing Actuary
**Company**
HSB Canada
**Location**
Toronto, Canada
Driven by technology and fueled by innovation, HSB is Canada’s premier specialty insurance and applied technology services provider. Offering 150 years of technical and service excellence, we are focusing on emerging trends and unlocking new opportunities for clients. Today, we are accelerating, changing the future of insurance and risk solutions, for a modern world.
At HSB, we value the strengths and contributions of our diverse workforce. We offer continuous learning opportunities, giving you flexibility to grow in your career while enjoying a healthy work-life balance and a collaborative approach in our coast-to-coast network of offices. Become part of a rewarding and impactful workplace experience while seeing first-hand technologies and risk solutions that are changing the way we live and work.
**Primary Objectives**:
The Pricing Actuary conducts qualitative and quantitative data analysis to assist in P&C pricing new and existing products, in order to facilitate the Company planning process. The primary purpose of the Pricing Actuary is to ensure profitable growth for our Commercial and Personal Specialty lines, including Equipment Breakdown and Cyber. You will be involved in reviewing our current price level, perform / review predictive models, monitoring the performance of various products and developing pricing tools for underwriters. You will work closely with our peers in HSB US to provide pricing support for our Personal and Commercial Products.
Reporting to the Director, Underwriting, and as part of the Corporate Underwriting Team, you will contribute to Pricing Projects, using actuarial models and innovative approaches. Projects are varied and include development of rating structures and monitoring / reporting on overall rate adequacy. In this role, you will have exposure to rating in both personal and commercial property lines with valuable career development potential.
This role is located at our Head Office in downtown Toronto and is ideal for an innovative thinker with a problem solving mindset, who is eager to learn and grow.
**Responsibilities**:
- Take a lead role in pricing the Accounts, Programs and Treaties, including establishing and defending pricing assumptions for quote opportunities.
- Conduct indication analysis to ensure rate adequacy of pricing components and rating methodology to price existing and new products based on thorough statistical analysis of loss and premium trends.
- Design, test and maintain pricing tools, including reports to monitor product performance.
- Manage Profit Margins on new and renewal business and assist in the monitoring product performance.
- Perform and present trend analysis, rate monitoring and ad hoc requests from senior management.
- Develop Rate Indications and have a good background on indication methodologies and underlying assumptions.
- Provide actuarial support in the development of new products and services to achieve successful implementation of approved strategic initiatives.
- Lead and deliver strategic pricing projects including the development and implementation of rating structures and pricing models.
- Communicate and present pricing results to the Underwriting / Treaty team.
- Effectively communicate insights and recommendations to management;.
- Collaborate with internal stakeholders such as Treaty, Regional Offices and New Solutions Development to support their needs for pricing across all products.
- Provide on-going improvements to pricing processes, to deliver automated and accurate results.
- May interact with external clients through the pricing of large, complex Programs and Treaties.
**Qualifications**:
- University Degree in a quantitative field: Actuarial Science, Mathematics, Statistics,
- 5 - 7 years of P&C actuarial work experience, Commercial or Personal Lines,
- Completion of at least 2 actuarial CAS/ SOA exams,
- Proven experience in advanced programming and data mining using Power BI, Excel, VBA and SQL,
- Capable of carrying out actuarial analysis with mínimal supervision and self-driven to deliver business insights,
- Strong presentation skills to communicate technical concepts to internal and external stakeholders,
- Strong analytical problem-solving skills and the ability to automate solutions,
- Ability to prioritize multiple projects and meet time sensitive deadlines with high degree of accuracy,
- Ability and desire to learn and adapt quickly to a changing fast-paced environment,
- Strong interpersonal and communication skills in effectively working within a team and collaborating with several business partners,
- A positive, professional attitude is essential for this role.
-
Actuary, Pricing
2 months ago
Toronto, Canada Foresters Financial Services, Inc. Full timeCareer Opportunity Role Title Actuary, Pricing Purpose of role The Actuary, Pricing is a senior leader responsible for leading the development of innovative product solutions in support of Foresters Financial Purpose. They will be expected to demonstrate expertise in at least one technical area of importance to product pricing, and ensure compliance with...
-
Pricing Actuary
5 months ago
Toronto, Canada HSB Canada Full timeDriven by technology and fueled by innovation, HSB is Canada’s premier specialty insurance and applied technology services provider. Offering 150 years of technical and service excellence, we are focusing on emerging trends and unlocking new opportunities for clients. Today, we are accelerating, changing the future of insurance and risk solutions, for a...
-
Pricing Actuary
5 months ago
Toronto, Canada Arch Capital Group Ltd. Full timeWith a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠. Department: Actuarial Location: Toronto, ON or Montreal,...
-
Pricing Actuary
2 months ago
Toronto, Canada PartnerRe Full time**Company Description** PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world. Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with...
-
Pricing Actuary Lead
1 week ago
Toronto, Ontario, Canada Zurich Insurance Company Full timeAt Zurich Canada, we are currently seeking a Pricing Actuary Lead to support the pricing process for Transactional Accounts.About the OpportunityWe are looking for an experienced actuary who is passionate about pricing and has excellent communication skills. As a Pricing Actuary Lead, you will be responsible for providing professional actuarial support and...
-
Actuarial Pricing Manager
1 month ago
Toronto, Ontario, Canada Northbridge Financial Corporation Full timeActuarial Pricing Manager OpportunityWe're seeking a skilled Actuarial Pricing Manager to join our team at Northbridge Financial Corporation. As a key member of our Actuarial Pricing Department, you'll play a critical role in providing support to our Pricing Analysts and Underwriting team.Key Responsibilities:Lead the development of advanced mathematical...
-
Pricing Actuary Lead
1 week ago
Toronto, Ontario, Canada HSB Canada Full timeAt HSB Canada, we're looking for a skilled Pricing Actuary to join our team. As a Pricing Actuary Lead, you'll be responsible for conducting qualitative and quantitative data analysis to assist in P&C pricing new and existing products.The ideal candidate will have a strong background in actuarial science, mathematics, or statistics, with 5-7 years of P&C...
-
Actuarial Pricing Leader
1 month ago
Old Toronto, Ontario, Canada Munich Re Full timePricing and Actuarial Leadership OpportunityMunich Re is seeking a highly skilled Actuarial Pricing Leader to join our team. As a key member of our pricing and analytics team, you will be responsible for leading the development and implementation of pricing strategies across our personal, commercial, and specialty insurance products.Key Responsibilities:Lead...
-
Pricing Actuary
1 month ago
Toronto, Ontario, Canada Gen Re Full timePricing Actuary RoleThis role sits within the Pricing and Research team at Gen Re, responsible for the acquisition and management of profitable reinsurance business for Life and Health operations in Canada. The team conducts wider research to support client and strategic initiatives.Main ResponsibilitiesPreparing quotations for individual and group...
-
Actuarial Pricing Strategist
1 week ago
Toronto, Ontario, Canada Europ Assistance Full timeActuarial Pricing StrategistWe are seeking an experienced Actuarial Pricing Strategist to join our Product and Pricing team in Canada. The ideal candidate will have a strong background in actuarial science, with expertise in data analysis and pricing strategies.The Canadian business unit of Europ Assistance is strategically focused on the Travel Insurance...
-
Pricing Actuary
4 months ago
Toronto, Canada Gen Re Full timeRole Description This role sits within thePricing and Research team. The team isresponsible for the acquisition and management of profitable reinsurancebusiness for Gen Re’s Life and Health operations in Canada, as well asconducting wider research to support client and strategic initiatives. The successful candidate forthis role will be a Fellow of the...
-
Pricing Actuary
4 months ago
Toronto, Canada AXIS Capital Full timeThis is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of...
-
Actuary, Pricing
2 months ago
Toronto, Canada Foresters Financial Full timeCareer OpportunityRole TitleActuary, PricingPurpose of roleThe Actuary, Pricing is a senior leader responsible for leading the development of innovative product solutions in support of Foresters Financial Purpose. They will be expected to demonstrate expertise in at least one technical area of impor
-
Avp Pricing Actuary
6 months ago
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 an Actuary and are looking for a new...
-
Pricing Actuary
4 weeks ago
Toronto, Ontario, Canada Zurich Insurance Group Full timeRole OverviewThe Opportunity We are seeking a caring, collaborative, values-driven actuary to join our team at Zurich Canada. As a Pricing Actuary, you will play a key role in shaping our insurance products and services.Key ResponsibilitiesDevelop and maintain actuarial models to price insurance productsCollaborate with cross-functional teams to...
-
Pricing Analyst
5 months ago
Toronto, Canada HSB Canada Full timePricing Analyst (Actuary) **Company** HSB Canada **Location** Toronto, Canada Driven by technology and fueled by innovation, HSB is Canada’s premier specialty insurance and applied technology services provider. Offering 150 years of technical and service excellence, we are focusing on emerging trends and unlocking new opportunities for clients. Today, we...
-
Senior Actuarial Pricing Manager
4 weeks ago
Toronto, Ontario, Canada Zurich Insurance Company Full timeThe OpportunityWe are seeking a highly skilled Actuarial Pricing Manager to join our team at Zurich Canada. As a key member of our actuarial team, you will be responsible for managing the pricing process for Transactional Accounts.Reporting to the Actuarial Manager for Transactional & Programs Pricing, you will provide professional actuarial support and...
-
Senior Actuary
4 weeks ago
Toronto, Ontario, Canada Zurich Insurance Company Full timeThe OpportunityZurich Canada is seeking a highly skilled Actuary to manage the pricing process for Transactional Accounts. As a key member of our team, you will provide professional actuarial support and advice to actuarial business partners, including insights into risks, underlying performance, and implications for the business.This role requires a strong...
-
Expert Actuary and Pricing Strategist
1 week ago
Toronto, Ontario, Canada Zurich Insurance Company Full timeAbout the RoleWe are seeking a highly skilled Expert Actuary and Pricing Strategist to join our team at Zurich Insurance Company.Job DescriptionThe ideal candidate will have a strong background in actuarial science and experience in pricing strategies. They will be responsible for analyzing data, developing pricing models, and providing expert advice to...
-
Senior Commercial Pricing Actuary
1 week ago
Toronto, Ontario, Canada Definity Full timeAbout the RoleWe are seeking an experienced Senior Commercial Pricing Actuary to join our team at Definity. As a key member of our commercial pricing department, you will be responsible for developing and applying your expertise in actuarial pricing, commercial underwriting, claims handling, and commercial product development.Key Responsibilities:Develop and...