Assistant Vice President, Pricing (Insurance)

Driven by technology and fueled by innovation, HSB is Canada’s premier specialty insurance and applied technology services provider.

Offering 150 years of technical and service excellence, we are focusing on emerging trends and unlocking new opportunities for clients.

Today, we are accelerating, changing the future of insurance and risk solutions, for a modern world.

At HSB, we value the strengths and contributions of our diverse workforce. We offer continuous learning opportunities, giving you flexibility to grow in your career while enjoying a healthy work-life balance and a collaborative approach in our coast-to-coast network of offices.

Become part of a rewarding and impactful workplace experience while seeing first-hand technologies and risk solutions that are changing the way we live and work.

HSB is much more! It’s insurance. Engineering. Technology. To learn more about us, please visit :

Primary Objectives :

We are currently looking for a conscientious and self-driven individual to join our team and lead the pricing function as Assistant Vice President, Pricing at HSB Canada.

Situated in downtown Toronto and reporting to the Vice President, Underwriting, the Assistant Vice President, Pricing works closely with members of our executive committee and participates in the senior leadership team to identify pricing strategies aligned with organizational goals for a range of specialty products based on careful research, evaluation, and data-driven decision-making, The Assistant Vice President, Pricing demonstrates the values and behaviours of a respected leader and is successful in an innovative and expeditious environment.

Job Responsibilities :

• Lead, direct and develop pricing across HSB Canada’s collection of products in the Personal, Commercial, and Specialty insurance space.
• Identify rates and pricing strategies in line with product development, forecast and conduct other analytical research through the usage of actuarial and statistical methods.
• Work closely with underwriting, claims, and engineering to ensure technical expertise is fully leveraged in the development of and use in pricing models, and that products perform as desired in the broader market.
• Work with senior management providing expert knowledge in pricing methods and processes to evaluate and recommend potential solutions to profitability and production challenges and contribute to strategic discussions.
• Review products, report on and forecast performance, and influence the business on courses of action needed.
• Lead research and analyses to identify actuarial solutions for lines of
• Influence business partners to direct product strategy and product offerings towards profitable outcomes; respond to input, questions, or objections.
• Manage and contribute to the timelines of pricing projects, including the work of additional contributors related to pricing, data analysis, systems, processes, project management, or others as applicable.
• Create actuarial documents to support discussions with internal and external clients and all levels of management as required.
• Engage and build partnerships with peers and resource leads within HSB and Munich Re Group, to exchange ideas and information, and remain informed of current initiatives.
• Provide direction and contribute to the mentoring and development of Company employees including in areas related to pricing and leadership.
• Perform other tasks as needed to contribute to Company

Qualifications :

• Bachelor’s degree in Actuarial Science, Statistics, Economics, Finance, Mathematics or related fields requiring modeling, programming or quantitative analysis or equivalent work experience is
• 12+ years experience of actuarial or pricing analytic work in the insurance, reinsurance, financial, or consulting industries is required, with a proven ability to lead a product and influence positive
• Professional actuarial designation is
• 5+ years of management
• In depth knowledge of actuarial models, standard actuarial techniques, particularly around pricing in the personal and commercial lines markets.
• Understanding client and market dynamics, as well as regulatory
• Knowledge of primary and non-traditional reinsurance / alternative
• Proficient computer skills in MS Office Suite and actuarial packages in
• Attention to
• Effective time management skills, to include prioritizing and bringing about
• Entrepreneurial, self-driving, proactive, and able to work in an environment of
• Ability to train others and pass on
• Work well both independently and in cross-disciplinary
• Strong interpersonal skills and ability to influence and negotiate with others and create acceptance for proposals.

Creating and maintaining a work environment that promotes respect, diversity and dignity is important to us. We strive for equality in our workplace, to eliminate employment barriers, and promote a workplace based on principles which align with our company values and promote positive employee practices.

Candidates requiring accommodation during any stage of our selection process should advise us of this; we will strive to work with individuals to find a suitable means to meet their needs.

If you are interested in applying for this position, please quote Job Reference AVPP0624-BW and follow the link to apply :

We thank all candidates for their interest; however only those selected for an interview will be contacted.