Pricing Actuary - Commercial

Pricing Actuary – Commercial

131093

Overview

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. We are seeking a Pricing Actuary with experience in P&C Pricing to join our growing Commercial Business unit. You will support the pricing of new and renewal business, develop effective premium/rating structures, and help transform the Commercial lines’ ecosystem.

What you will do

• A high level of responsibility, ownership, and ability to influence strategic decisions.
• Contribute to a range of pricing and portfolio initiatives across Commercial lines, with opportunities to expand beyond A&H.
• In‑depth review of the pricing algorithm for all aspects of A&H and selected Commercial Lines.
• Set and communicate the pricing algorithm requirements for production systems.
• Monitor performance of the Commercial book (focus on A&H) and track accuracy and completeness of key performance indicators.
• Invest in upscaling pricing capabilities.
• Share and leverage insights on best practices with global colleagues.
• Continuously evolve lines of business and add value through new insights and pricing techniques.
• Calculate profit margins on new and renewal 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.
• Ensure the implementation of required governance processes, maintaining compliance with organizational standards and regulatory requirements.

Job Qualifications – What you bring to the table

• 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.
• Experience with Microsoft Excel and/or knowledge of statistical analysis software (such as SQL and R).

Preferred

• Previous actuarial experience in Commercial lines of business and willingness to learn.
• FCAS designation or equivalent international certification.
• Experience in multiple functional areas (pricing, reserving, capital management) valued.
• Ability to explain technical analysis results to non‑technical audiences.
• Experience collaborating on cross‑functional team projects.

Salary Range

110,000 – 160,000 CAD (varies by office location, responsibilities, and qualifications). Starting salaries may exceed this range based on skill and experience.

Our Culture

• Committed to pay equity and diversity, inclusion, equity, and belonging (DIEB).
• Collaborative culture where diverse thought is valued.
• Comprehensive health/benefits plan and competitive total compensation package.
• Minimum four weeks vacation and four personal days per year.
• Access to training and development opportunities.
• Active community engagement and corporate responsibility.
• Award‑winning workplace culture, including Greater Toronto’s Top Employer and 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 global insurer with 55,000 employees worldwide. We provide commercial property‑casualty coverage and risk‑management solutions across Canada, serving more than 25 industries. We are committed to diversity, inclusion, accessibility, and a discrimination‑free environment. For accommodations or accessibility requests, please contact our recruitment team.

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