AVP, Personal Auto Pricing

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 Personal Auto Pricing and are looking for a new challenge, we would love to hear from you.

Zurich Canada is currently looking for an AVP, Personal Auto Pricing to provide support and advice to the Head of Retail, Chief Pricing Actuary, and to the different business partners, including insights required for performance management

Reporting to the VP & Actuarial Director, you will lead the discussion and completion of the rate change, filing & implementation process with rate regulators and partners, and work to increase level of risk segmentation of pricing algorithm.

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

• Under minimal supervision, support the pricing of new business and renewal book and development of effective premium / rating structures.

• Lead interaction and act as subject matter expert with rate regulators, external partners and auditors on pricing topics.

• Lead development of the technical capabilities of the team, including creation and interpretation of predictive models as well as reporting capabilities

• Extensive understanding of factors impacting loss cost and premium and support efforts for an increase pricing sophistication

• Under minimal supervision, manage profit margins on new and renewal business and assist in the monitoring of portfolio performance.

• With appropriate review, coordinate, prepare and perform actuarial analyses including trend analyses, reinsurance analyses and analyses of loss and expense reserves, as it relates to pricing adequacy and strategic direction.

• Support Market Facing and Product Underwriting on pricing decisions.

• Provide consultation and technical expertise on actuarial models and risk issues.

• Drive the design, implementation, testing and maintenance of pricing models and Tools.

• Remain current with regulatory / market conditions and apply this knowledge in pricing.

• Support the team’s junior analysts with the actuarial tasks and their professional development

Job Qualifications - What you bring to the table

Required:

• Zurich Certified Insurance Apprentice, including Associates Degree

OR

• Bachelors Degree

AND

• 8 or more years of experience in the Actuarial area plus FCAS or equivalent international certification

OR

• 13 or more years of experience in the Actuarial area plus ACAS or equivalent international certification

Preferred:

• Experience in multiple pricing functional lines of business in different provinces and knowledge / skills reflective of a senior practitioner

• Strong verbal and written communication skills

***Fluency in both spoken and written English is required to facilitate communication with internal and external stakeholders outside Quebec.

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 Top Employers and to have received Insurance Business Canada’s 5-Star Diversity, Equity and Inclusion Award.

Make a difference. Be challenged. Be inspired. Be supported. Love what you do. Work for us.