Actuary, Canada
Toronto, ON I Canada
DISCOVERyour 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.
SHARE your talent
We’re looking for someone who has these abilities and skills:
- Extensive experience of non-life insurance pricing
- Qualification level – Qualified
- Robust Influencing and Negotiating Skills
- Bachelor’s degree in actuarial science, Mathematics, Applied Math, Statistics, or related field.
- Leadership skills to work collaboratively with colleagues to build consensus.
- Demonstrated experience managing, motivating, and leading a team of credentialed and non-credentialed actuaries across multi locations/territories
- Robust verbal communications skills to gain buy-in to communicate clearly and concisely with internal and external clients.
- Excellent written communication skills
- Robust ability to think strategically
FIND your future
AXA XL, the P&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’t just provide re/insurance, we reinvent it.
How? 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 − property, casualty, professional, financial lines and specialty.
With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.
Inclusion & Diversity