Posted 17h ago

Actuary, Canada

@ AXA XL
Toronto, Ontario, Canada
OnsiteFull Time
Responsibilities:Develop pricing, Maintain pricing tools, Collaborate with underwriting
Requirements Summary:Senior actuarial role in Canada focusing on non-life pricing, analytics, and collaboration with underwriting; requires Bachelor in actuarial science or related field, strong leadership and communication skills.
Technical Tools Mentioned:Pricing tools, Analytics, Pricing models, Dashboard software
Save
Mark Applied
Hide Job
Report & Hide
Job Description

Actuary, Canada

Toronto, ON I Canada

DISCOVER your opportunity

What will your essential responsibilities include?

  • Ensure that all Canada product lines have market leading, technical pricing and portfolio management capabilities, coordinating with relevant LOB and Product actuarial support.
  • Primary contact for Canadian Underwriting management (Large Commercial and Middle Market), including portfolio reporting and strategy discussions
  • Provide decision making guidance throughout the entire underwriting process, through the use of advanced analytics, to drive an excellent business performance
  • Develop and leverage product pricing methodologies (aligned to global strategies and methodologies) including pricing algorithms, pricing parameters, pricing change impact analysis, and advanced pricing techniques for Canada Casualty-model supported business.  Support development, testing and calibration of Pricing tools, alongside Models team.
  • Micro portfolio management activities including selection of base loss ratio for business planning, profitability studies & deep dives, dashboard maintenance, and post-event loss evaluations
  • Conduct deals specific pricing, collateral requirements, captive/scheme/program pricing, and risk transfer testing, as needed. 
  • Engage closely with CUO, Underwriting, Reserving, Claims, to improve pricing accuracy
  • Ensure compliance with Pricing Model Standards, maintain required technical pricing documentation, and enforce pricing model governance
  • Support reinsurance purchasing with data and analysis.  Provide guidance on net calculations for planning, limits reporting, reserving, etc.

You will report to Head of Pricing, Primary.


%3Cp class=%22MsoNormal%22 style=%22margin-bottom: 12.0pt;%22%3E%3Cb style=%22mso-bidi-font-weight: normal;%22%3E%3Cspan style=%22font-size: 20.0pt; font-family: %27Source Sans Pro%27,sans-serif; mso-bidi-font-family: Arial; letter-spacing: -.25pt; mso-no-proof: yes;%22%3ESHARE your talent%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/b%3E%3C/p%3E%0A%3Cp class=%22MsoNormal%22 style=%22margin: 0in -.7pt 12.0pt 0in;%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-bidi-font-family: Arial; mso-no-proof: yes;%22%3EWe%26rsquo;re looking for someone who has these abilities and skills:%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/p%3E%0A%3Cul%3E%0A%3Cli class=%22MsoNormal%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-bidi-font-family: Arial;%22%3EExtensive experience of non-life insurance pricing%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/li%3E%0A%3Cli class=%22MsoNormal%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-bidi-font-family: Arial;%22%3EQualification level %26ndash; Qualified %3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/li%3E%0A%3Cli class=%22MsoNormal%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-bidi-font-family: Arial;%22%3ERobust Influencing and Negotiating Skills%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/li%3E%0A%3Cli class=%22MsoNormal%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-bidi-font-family: Arial;%22%3EBachelor%26rsquo;s degree in actuarial science, Mathematics, Applied Math, Statistics, or related field.%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/li%3E%0A%3Cli class=%22MsoNormal%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-bidi-font-family: Arial;%22%3ELeadership skills to work collaboratively with colleagues to build consensus.%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/li%3E%0A%3Cli class=%22MsoNormal%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-bidi-font-family: Arial;%22%3EDemonstrated experience managing, motivating, and leading a team of credentialed and non-credentialed actuaries across multi locations/territories%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/li%3E%0A%3Cli class=%22MsoNormal%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-bidi-font-family: Arial;%22%3ERobust verbal communications skills to gain buy-in to communicate clearly and concisely with internal and external clients.%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/li%3E%0A%3Cli class=%22MsoNormal%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-bidi-font-family: Arial;%22%3EExcellent written communication skills%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/li%3E%0A%3Cli class=%22MsoNormal%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-bidi-font-family: Arial;%22%3ERobust ability to think strategically%3C/span%3E%3C/li%3E%0A%3C/ul%3E%0A%3Cp class=%22MsoNormal%22 style=%22margin-bottom: 12.0pt;%22%3E%3Cb style=%22mso-bidi-font-weight: normal;%22%3E%3Cspan style=%22font-size: 20.0pt; font-family: %27Source Sans Pro%27,sans-serif; mso-bidi-font-family: Arial; letter-spacing: -.25pt; mso-no-proof: yes;%22%3EFIND your future%3C/span%3E%3C/b%3E%3Cspan style=%22font-size: 20.0pt; font-family: %27Source Sans Pro%27,sans-serif; mso-bidi-font-family: Arial;%22%3E%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/p%3E%0A%3Cp class=%22MsoNormal%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-bidi-font-weight: bold; mso-bidi-font-style: italic;%22%3EAXA XL, the P%26amp;C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don%26rsquo;t just provide re/insurance, we reinvent it.%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/p%3E%0A%3Cp class=%22MsoNormal%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-bidi-font-weight: bold; mso-bidi-font-style: italic;%22%3EHow? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business %26minus; property, casualty, professional, financial lines and specialty.%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/p%3E%0A%3Cp class=%22MsoNormal%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-bidi-font-weight: bold; mso-bidi-font-style: italic;%22%3EWith an innovative and flexible approach to risk solutions, we partner with those who move the world forward.%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/p%3E%0A%3Cp class=%22MsoNormal%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; color: black; mso-themecolor: text1; mso-bidi-font-weight: bold; mso-bidi-font-style: italic;%22%3ELearn more at %3C/span%3E%3Ca href=%22https://axaxl.com/%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-bidi-font-weight: bold; mso-bidi-font-style: italic;%22%3Eaxaxl.com%3C/span%3E%3C/a%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; color: black; mso-themecolor: text1; mso-bidi-font-weight: bold; mso-bidi-font-style: italic;%22%3E%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/p%3E%0A%3Cp class=%22MsoNormal%22 style=%22margin-bottom: 12.0pt;%22%3E%3Ca name=%22_Hlk65594859%22%3E%3C/a%3E%3Cb style=%22mso-bidi-font-weight: normal;%22%3E%3Cspan style=%22font-size: 20.0pt; font-family: %27Source Sans Pro%27,sans-serif; color: black; mso-themecolor: text1; letter-spacing: -.25pt; mso-no-proof: yes;%22%3EInclusion %26amp; Diversity%3C/span%3E%3C/b%3E%3Cspan style=%22mso-bookmark: _Hlk65594859;%22%3E%3C/span%3E%3Cspan style=%22font-size: 20.0pt; font-family: %27Source Sans Pro%27,sans-serif; color: black; mso-themecolor: text1;%22%3E%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/p%3E%0A%3Cp class=%22MsoNormal%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; color: black; mso-themecolor: text1;%22%3EAXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.%26nbsp;%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/p%3E%0A%3Cp class=%22MsoNormal%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; color: black; mso-themecolor: text1;%22%3EAt AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That%26rsquo;s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. %3Ci%3EIt%26rsquo;s about helping one another %26mdash; and our business %26mdash; to move forward and succeed.%3C/i%3E%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/p%3E%0A%3Cul style=%22margin-top: 0in;%22 type=%22disc%22%3E%0A%3Cli class=%22MsoNormal%22 style=%22color: black; mso-themecolor: text1; mso-list: l0 level1 lfo1; tab-stops: list .5in;%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif;%22%3EFive Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe %3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/li%3E%0A%3Cli class=%22MsoNormal%22 style=%22color: black; mso-themecolor: text1; mso-list: l0 level1 lfo1; tab-stops: list .5in;%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif;%22%3ERobust support for Flexible Working Arrangements %3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/li%3E%0A%3Cli class=%22MsoNormal%22 style=%22color: black; mso-themecolor: text1; mso-list: l0 level1 lfo1; tab-stops: list .5in;%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif;%22%3EEnhanced family friendly leave benefits %3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/li%3E%0A%3Cli class=%22MsoNormal%22 style=%22color: black; mso-themecolor: text1; mso-list: l0 level1 lfo1; tab-stops: list .5in;%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif;%22%3ENamed to the Diversity Best Practices Index %3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/li%3E%0A%3Cli class=%22MsoNormal%22 style=%22color: black; mso-themecolor: text1; mso-list: l0 level1 lfo1; tab-stops: list .5in;%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif;%22%3ESignatory to the UK Women in Finance Charter%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/li%3E%0A%3C/ul%3E%0A%3Cp class=%22MsoNormal%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; color: black; mso-themecolor: text1;%22%3ELearn more at %3C/span%3E%3Ca href=%22https://axaxl.com/about-us/inclusion-and-diversity%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif;%22%3Eaxaxl.com/about-us/inclusion-and-diversity%3C/span%3E%3C/a%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; color: black; mso-themecolor: text1;%22%3E.%26nbsp; AXA XL is an Equal Opportunity Employer.%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/p%3E%0A%3Cp class=%22MsoNormal%22%3E%3Cb%3E%3Cspan style=%22font-size: 20.0pt; font-family: %27Source Sans Pro%27,sans-serif; mso-fareast-font-family: Calibri; mso-bidi-font-family: Calibri;%22%3ESustainability%26nbsp;%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/b%3E%3C/p%3E%0A%3Cp class=%22MsoNormal%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-fareast-font-family: Calibri; mso-bidi-font-family: Calibri;%22%3EAt AXA XL, Sustainability is integral to our business strategy. %3C/span%3E%3Cspan lang=%22EN-GB%22 style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-fareast-font-family: Calibri; mso-bidi-font-family: Calibri; mso-ansi-language: EN-GB;%22%3EIn an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. %3C/span%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-fareast-font-family: Calibri; mso-bidi-font-family: Calibri;%22%3EOur 2023-26 Sustainability strategy, called %26ldquo;Roots of resilience,%26rdquo; focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.%26nbsp;%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/p%3E%0A%3Cp class=%22MsoNormal%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-fareast-font-family: Calibri; mso-bidi-font-family: Calibri;%22%3EOur Pillars:%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/p%3E%0A%3Cul style=%22margin-top: 0in;%22 type=%22disc%22%3E%0A%3Cli class=%22MsoNormal%22 style=%22line-height: 115%; mso-list: l1 level1 lfo2;%22%3E%3Cb%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-fareast-font-family: %27Times New Roman%27; mso-bidi-font-family: Calibri;%22%3EValuing nature: %3C/span%3E%3C/b%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-fareast-font-family: %27Times New Roman%27; mso-bidi-font-family: Calibri;%22%3EHow we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society %26ndash; are essential to our future. We%26rsquo;re committed to protecting and restoring nature %26ndash; from mangrove forests to the bees in our backyard %26ndash; by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/li%3E%0A%3Cli class=%22MsoNormal%22 style=%22line-height: 115%; mso-list: l1 level1 lfo2;%22%3E%3Cb%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-fareast-font-family: %27Times New Roman%27; mso-bidi-font-family: Calibri;%22%3EAddressing climate change: %3C/span%3E%3C/b%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-fareast-font-family: %27Times New Roman%27; mso-bidi-font-family: Calibri;%22%3EThe effects of a changing climate are far reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We%27re building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.%3C/span%3E%3Cb%3E%3Cspan lang=%22EN-GB%22 style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-fareast-font-family: Calibri; mso-bidi-font-family: Calibri; mso-ansi-language: EN-GB;%22%3E%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/b%3E%3C/li%3E%0A%3Cli class=%22MsoNormal%22 style=%22line-height: 115%; mso-list: l1 level1 lfo2;%22%3E%3Cb%3E%3Cspan lang=%22EN-GB%22 style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-fareast-font-family: %27Times New Roman%27; mso-bidi-font-family: Calibri; mso-ansi-language: EN-GB;%22%3EIntegrating ESG: %3C/span%3E%3C/b%3E%3Cspan lang=%22EN-GB%22 style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-fareast-font-family: %27Times New Roman%27; mso-bidi-font-family: Calibri; mso-ansi-language: EN-GB;%22%3EAll companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We%26rsquo;re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.%3C/span%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-fareast-font-family: Calibri; mso-bidi-font-family: Calibri;%22%3E%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/li%3E%0A%3Cli class=%22MsoNormal%22 style=%22line-height: 115%; mso-list: l1 level1 lfo2;%22%3E%3Cb%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-fareast-font-family: %27Times New Roman%27; mso-bidi-font-family: Calibri;%22%3EAXA Hearts in Action%3C/span%3E%3C/b%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-fareast-font-family: %27Times New Roman%27; mso-bidi-font-family: Calibri;%22%3E:%26nbsp; We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL%26rsquo;s %26ldquo;Hearts in Action%26rdquo; programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day %26ndash; the Global Day of Giving. %3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/li%3E%0A%3C/ul%3E%0A%3Cp class=%22MsoNormal%22 style=%22margin-left: .5in; mso-add-space: auto; line-height: 115%;%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-fareast-font-family: Calibri; mso-bidi-font-family: Calibri;%22%3E%3Co:p%3E%26nbsp;%3C/o:p%3E%3C/span%3E%3C/p%3E%0A%3Cp class=%22MsoNormal%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-fareast-font-family: Calibri; mso-bidi-font-family: Calibri;%22%3EFor more information, please see %3C/span%3E%3Ca href=%22https://axaxl.com/about-us/sustainability%22%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; color: blue;%22%3ESustainability at AXA XL%3C/span%3E%3C/a%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif;%22%3E.%3C/span%3E%3Ci%3E%3Cspan style=%22font-family: %27Source Sans Pro%27,sans-serif; mso-fareast-font-family: Calibri; mso-bidi-font-family: Calibri;%22%3E%3Co:p%3E%3C/o:p%3E%3C/span%3E%3C/i%3E%3C/p%3E