Insurance Pricing Strategist

6 days ago


Montreal, Quebec, Canada Meloche Monnex Inc. Full time

We're Meloche Monnex Inc., one of Canada's largest financial institutions. Our TD Insurance division offers a wide range of products, including General Insurance and Life and Health. With over four million customers, we're always innovating to provide exciting career opportunities.

About the Role

This is a key position in our GI Pricing team. As an Actuarial Analyst II, you'll play a crucial role in pricing strategies and rate changes. Your contributions will help us achieve business objectives and maintain compliance with premium regulations.

Key Responsibilities:

  • Determine rating levels and classification criteria to meet growth and profitability targets;
  • Develop pricing strategies aligned with GI Product business plans and Affinity Market Group objectives;
  • Collaborate on rating algorithms, factors, classification inputs, and processes for analyzing, monitoring, proposing change, and implementing price system modifications;
  • Participate in regulatory rate change submissions preparation and execution;
  • Liaise with internal and external partners and stakeholders to build and maintain relationships;
  • Support business partners with pricing-related issues;
  • Assist junior team members;
  • Contribute to the team's innovation culture to enhance pricing capabilities and support business objectives.
Requirements

To succeed in this role, you'll need:

  • Three to five years of actuarial experience in Property & Casualty;
  • Bachelor's degree in Actuarial Sciences or related field;
  • ACAS near completion or at least six Casualty Actuarial Society professional exams (preferred);
  • Excellent knowledge of Excel;
  • Proficiency and interest in programming languages such as SAS, VBA, R, or Python;
  • Predictive modeling skills;
  • Advanced analytical, decision-making, and problem-solving skills;
  • Client-focused attitude and strong teamwork, organizational, and communication skills;
  • Autonomy and perseverance with initiative and creativity in work.
Salary and Benefits

The estimated annual salary for this position is around $85,000-$110,000 CAD, depending on location and experience. Our Total Rewards package includes a competitive base salary, variable compensation, health and well-being benefits, savings and retirement programs, paid time off, banking benefits, discounts, career development, and reward and recognition programs.

We're committed to providing regular development conversations, training programs, and a competitive benefits plan to support our colleagues' growth and well-being. We're an equal opportunities employer and welcome applications from diverse candidates.



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