Pricing Actuary

at  Zurich insurance

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.
Zurich Canada Technical Underwriting is looking for a Pricing Actuary to join our growing Business unit for Financial Lines, including Directors and Officers, Professional lines & Cyber Insurance. This role can be based in a Zurich, Canada office (including Toronto or Montreal).
The Pricing Actuary supports the pricing of new and renewal business as well as the development of effective premium/rating structures and strategies in support of business objectives. In this role, the actuary will also support directly the transformation process of the financial lines ecosystems with focus on in-depth review of pricing algorithm and implementation of the rating tools in production. D&O, Professional Lines & Cyber pricing is a new, exciting, and growing area to be part of.
This is a unique opportunity to build your knowledge and experience for the future in a supportive environment where your voice matters.

ABOUT US

Zurich Canada is part of the Zurich Insurance Group, a multi-line insurer with approximately 55,000 employees worldwide serving customers in global and local markets. Zurich Canada has been a leading insurance provider serving mid-sized and large companies, including multinational corporations, in the Canadian commercial market for 100 years. With over 500 employees in offices across the country, Zurich offers the global strength of a top insurance provider combined with in-depth knowledge of industries and local markets. Zurich Canada aspires to be risk management professionals’ first choice as their premier partner to help meet the risk challenges of today and tomorrow. Read more at www.zurichcanada.com.
A future with Zurich
Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 148 years of experience managing risk and supporting resilience. We are a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. Today, we serve more than 25 industries, from agriculture to technology and insure 90% of the Fortune 500®. Our growth strategy is not limited to our business. As an employer, Zurich strives to provide ongoing career development opportunities and foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our people, our customers and the communities we serve.
As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers’ expectations. Zurich is committed to providing a diverse, inclusive and barrier-free environment resulting in an accessible organization for employees, customers, and other parties who interact with, or on behalf of, Zurich. We strive to achieve a workplace free of discrimination of all forms, including discrimination on the basis of physical or mental disability, or medical condition. If you are interested in a job opportunity, please advise if you require an accommodation, so we can work with you to provide a more accessible process.
Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich Canadian Holdings Limited. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission.
Only applicable for Canada: For Zurich Canada’s commitment to diversity and accessibility please click here. If you would prefer to not receive future electronic messages from Zurich Insurance Company Ltd’s recruitment management system, please email your request to have your job profile deleted from the system by clicking here. Zurich Insurance Company Ltd 100 King St., W., Suite 5500, Toronto, ON, M5X 1C9. www.zurichcanada.co

WHAT YOU WILL DO

A high level of responsibility, ownership, and ability to influence strategic decisions. This a great opportunity to work directly with the business and leadership teams.
In depth review of the pricing algorithm for all aspects of Financial Lines, supported by global footprint and expertise.
Set and communicate the pricing algorithm requirements for production systems.
Investment in upscaling pricing capabilities.
The opportunity to work for a Global company where we often share and leverage insights on best practices with our global colleagues.
Constantly evolve lines of business, with endless opportunities to add value through new insights and pricing techniques.
Calculate profit margins on new and renewals of business.
Coordinate, prepare, and perform actuarial analysis.
Analyze loss and expense reserves.
Provide consultation on actuarial models and risk issues.
Support Market Facing and Technical Underwriters on pricing decisions.
May oversee the work of less experienced actuaries.