Senior Actuarial Analyst

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 Commercial P&C Pricing, and are looking for a new challenge, we would love to hear from you.

Zurich Canada is currently looking for a Senior Actuarial Analyst to join our Transactional Pricing Team. Reporting to the VP & Actuarial Director, you will support the pricing and reserving of new/renewal business and the development of effective premium/rating structures. In this role, you will partner with key stakeholders from the business including market facing underwriter, fronting managers, and global pricing teams to support business objectives.

This is a unique opportunity to build your knowledge and experience for the future in a supportive environment where your voice matters. This posting is a replacement vacancy.

This is a hybrid work opportunity where the role can be based in a Zurich, Canada office (including Toronto or Montreal).

Zurich Canada uses artificial intelligence–enabled tools to support certain aspects of the recruitment process, including the initial review and screening of applications. Artificial intelligence is not the sole basis for candidate shortlisting or selection. All hiring decisions are reviewed and made by qualified hiring professionals.

Zurich follows a hybrid work model requiring three days per week of in-person presence, which may include time in the office or market-facing engagements.

What you will do

• Develop pricing models, reflecting complex structures of accounts, high deductibles/SIRs, and/or aggregates.
• Collaborate with market-facing underwriting to deliver creative solutions to our clients.
• Provide consultation on actuarial models and risk issues.
• Support discussions with brokers and external clients using data-driven insights to influence positive outcomes.
• The opportunity to work for a Global company where we often share and leverage insights on best practices with our global colleagues.
• Improve model templates based on technical considerations and priorities for the business.
• Mentor less experienced actuaries, providing guidance and review of their work, to ensure quality and foster growth.

Job Qualifications - What you bring to the table

Required:

• Strong verbal and written communication skills.
• Bachelor’s Degree in Mathematics / Statistics / Actuarial Sciences or other technical degree.
• ACAS or equivalent international certification.
• 5 or more years of experience in the Actuarial area

Preferred:

• Previous actuarial pricing experience in Commercial Lines of business.
• Experience in multiple functional areas (pricing, reserving, capital management) valued.
• Experience collaborating on cross-functional team projects.
• Ability to explain technical analysis results to non-technical audiences.
• Experience with Microsoft Excel and/or knowledge of statistical analysis software (eg. R, Python, SQL)

At Zurich Canada, we are committed to pay equity. We determine compensation based on objective criteria such as skills, experience, and internal equity. The salary range for this position is 80,000 - 130,000. This range reflects the expected pay for the role across Canada and may vary depending on factors like office location, specific responsibilities, and individual qualifications. As required by local law, Zurich provides in good faith a reasonable compensation range, but starting salaries may exceed this range based on a candidate’s skills and experience.

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.

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 650 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 .

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.