Senior Vice President, Actuarial Science Leader

3 weeks ago

Toronto, Ontario, Canada CNA Full time
Job Title: Senior Vice President, Actuarial Science Leader

At CNA, we are seeking a highly experienced and skilled Senior Vice President, Actuarial Science Leader to lead our actuarial science team. The successful candidate will have a strong background in actuarial science, economics, finance, and statistical modeling, with a comprehensive understanding of critical issues in related areas.

Key Responsibilities:
  • Develop and implement strategic and operational plans that have a substantial impact on the company's short and long-term successes.
  • Oversee all company actuarial practices, including pricing, reserving, data management, reporting, and data modeling functions.
  • Lead the development of pricing and rate review strategy and reserve adequacy process to ensure continued profitability and/or growth objectives.
  • Oversee all actuarial activities and research for the company, including delivery of actuarial opinions, regulatory reporting, and mathematical analysis of operations for rate making and senior management decision making.
  • Partner with Underwriting for product development, portfolio optimization, and pricing segmentation support.
  • Partner with Finance in reviewing reinsurance support, planning, and forecasting, and capital modeling, including dynamic solvency testing.
  • Lead, direct, and have full management accountability for staff in the area of responsibility with an emphasis on talent management and succession planning in accordance with corporate strategic direction.
  • Foster an organizational culture that inspires ownership and innovation of process maintenance and sustainability and establishes goals with strategies to maintain them.
  • Participate on the Enterprise Risk Management Committee, Pensions Committee, and other Branch committees, as required.
Requirements:
  • Fellow of the Casualty Actuarial Society and Canadian Institute of Actuaries (CIA)
  • Meet all requirements to be an Appointed Actuary (outlined in OSFI Guideline No. E-15, dated: August 2023)
  • Bachelor's degree in Math, Actuarial Science, or related field required. Master's Degree in related field preferred.
  • Typically a minimum of fifteen years of related work experience, with ten years management experience.

CNA is an equal employment opportunity employer and welcomes applications from diverse candidates. If you require an accommodation during the hiring process or upon hire, please inform Human Resources. If a selected applicant requests accommodation during the recruitment process, CNA will consult with the applicant in order to provide suitable accommodation that takes into account the applicant's accessibility needs.

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