Assistant Vice President, Pricing Lead

2 weeks ago


Toronto, Ontario, Canada HSB Canada Full time

At HSB Canada, we're driven by innovation and fueled by technology. As a leading specialty insurance and applied technology services provider, we're accelerating the future of insurance and risk solutions. Our team is passionate about creating a workplace that values diversity, equality, and dignity. We're committed to eliminating employment barriers and promoting a positive work environment.

Job Summary:

We're seeking a highly skilled and experienced Assistant Vice President, Pricing to lead our pricing function. This role will work closely with our executive committee and senior leadership team to identify pricing strategies aligned with our organizational goals. The successful candidate will demonstrate strong leadership skills, a deep understanding of actuarial models, and the ability to influence positive outcomes.

Key Responsibilities:

  • Lead and direct pricing across our collection of products in the Personal, Commercial, and Specialty insurance space.
  • Identify rates and pricing strategies through the use of actuarial and statistical methods.
  • Work closely with underwriting, claims, and engineering to ensure technical expertise is fully leveraged in pricing models.
  • Provide expert knowledge in pricing methods and processes to evaluate and recommend potential solutions to profitability and production challenges.
  • Review products, report on and forecast performance, and influence business decisions.
  • Lead research and analyses to identify actuarial solutions for lines of products.
  • Influence business partners to direct product strategy and product offerings towards profitable outcomes.
  • Manage and contribute to the timelines of pricing projects.
  • Create actuarial documents to support discussions with internal and external clients.
  • Engage and build partnerships with peers and resource leads within HSB and Munich Re Group.
  • Provide direction and contribute to the mentoring and development of Company employees.

Requirements:

  • Bachelor's degree in Actuarial Science, Statistics, Economics, Finance, Mathematics, or related fields.
  • 12+ years of actuarial or pricing analytic work in the insurance, reinsurance, financial, or consulting industries.
  • Professional actuarial designation.
  • 5+ years of management experience.
  • In-depth knowledge of actuarial models, standard actuarial techniques, and pricing in the personal and commercial lines markets.
  • Understanding of client and market dynamics, as well as regulatory requirements.
  • Knowledge of primary and non-traditional reinsurance/alternative markets.
  • Proficient computer skills in MS Office Suite and actuarial packages in R.
  • Attention to detail.
  • Effective time management skills.
  • Entrepreneurial, self-driving, proactive, and able to work in an environment of change.
  • Ability to train others and pass on expertise.
  • Strong interpersonal skills and ability to influence and negotiate with others.

We're an equal opportunities employer and welcome applications from diverse candidates. If you require accommodation during the selection process, please advise us. We'll strive to work with you to find a suitable means to meet your needs.



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