Associate Actuary

4 days 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 in actuarial reserving, pricing, or financial planning and are looking for a new challenge, we would love to hear from you.-
- Zurich Canada is currently seeking an Associate Actuary to play a key role within our Central Actuarial Planning Team, driving actuarial excellence through a robust actuarial loss planning framework, advanced forecasting techniques, and data-driven analysis that supports financial planning, forecasting and other PPM initiatives for Zurich North American business.-
- Reporting to the VP & Actuarial Director, you will be a central actuarial resource within Zurich North America’s Planning & Performance Management function, leading the actuarial loss planning framework. You will collaborate across Reserving, Pricing, PPM, and Group Actuarial teams to provide technical guidance, support strategic decision-making, and deliver actionable insights that drive financial planning and performance management.-
- 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-
- Play a key role in shaping Zurich North America’s financial plan through actuarial insights and advanced analytics.
- Ensure plan assumptions and methodologies align with Group standards and business unit reserving practices.
- Perform detailed calculations of IFRS 17 components—including discount rates, risk adjustment, and loss component ensuring methodological rigor, compliance with standards, and accuracy in financial reporting.
- Identify risks and opportunities impacting the ZNA plan and communicate actionable insights.
- Serve as a communication liaison between Reserving, Pricing, PPM, Group Actuarial, and other stakeholders to ensure alignment and transparency.
- Collaborate with ZNA PPM, Chief Actuary, CFO, and Group stakeholders to communicate actuarial perspectives and influence strategic decisions.
- Deliver meaningful analysis beyond mechanics, highlighting trends, anomalies, and strategic implications that drive business performance.-
- Job Qualifications - What you bring to the table-
- **Required**:

- Zurich Certified Insurance Apprentice, including Associates Degree- OR-
- Bachelor’s Degree- AND-
- 5 or more years of experience in the actuarial area plus FCAS or equivalent international certification- OR-
- 10 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- AND-
- Advanced analytical thinking and actuarial modeling skills
- Intermediate business acumen and effective communication abilities
- Strong knowledge of insurance finance, reserving, and pricing concepts
- Proficiency in statistics and product development
- 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. Maybe you have an appointment during a workday, a cultural or religious holiday you would like to observe, or you need time off to focus on your mental health. 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. While we can be proud of the contribution to society Zurich makes through our core business of insurance, we must also give back to our communities through our talent, time and resources.
- We have won numerous awards for our workplace culture. We are proud to be one of Greater Toronto’s


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