Description:
Our ambition is to be one of Canada’s leading and most innovative P&C insurers. Come be a part of our journey, and love what you do.
Definity offers a flexible, hybrid work experience where employees work from the office and virtually depending on the type of work they are doing and who they are working with. Leader’s partner with their teams to find the right balance of on-site and remote work that best meets the needs of their teams, colleagues, brokers and customers, while ensuring collaboration, teamwork and accountability for goals.
Report to the Vice President, Commercial Pricing and will be accountable for conducting analyses of company and industry experience and estimating rate adequacy. You will be responsible for actively promoting rate adequacy with other departments and plays an important role in Economical’s financial planning process.
What can you expect in this role?
- Accountable to actively promote rate adequacy with other departments and the Regions and negotiate to achieve desired results
- Work with the Strategic Business Units and the Regions to solve business problems of the following nature: retention, growth, profitability, competitive positioning, through the use of data and actuarial techniques.
- Participate in the corporate business plan reforecast exercises by providing actuarial advice on parameters used to forecast business growth, retention and profitability. This also includes assessing what future rate increases could be approved by provincial regulators.
- Work with advanced analytics to combine creative actuarial knowledge with sound business judgment in developing sophisticated models that assist the company in meeting growth and profitability targets
- Provide leadership and guidance, technical instruction and ongoing feedback to direct reports regarding performance, productivity, work quality, personal conduct and adherence to Corporate policies and procedures
- Actively involved in recruiting and retaining experienced actuarial staff
What do you bring to the role?
- University Degree in Actuarial Science or a relevant discipline.
- Must have successfully achieved Associateship in the Casualty Actuarial Society
- Must have at least 4 years of commercial automobile pricing experience with a preference for individuals who have experience managing a small of team analysts
- Must have good project management skills such as communication and organizational skills and an ability to promote and supervise a team effort toward project completion
- Professional, friendly and courteous in all interactions, whether with customers or co-workers
- Perform well in a busy operation and remain calm under pressure