Actuary, Canada

AXA XL is seeking a qualified Actuary in Canada to manage pricing and portfolio management for Canadian product lines. Responsibilities include collaborating with underwriting management, developing pricing methodologies, conducting pricing analyses, and ensuring compliance with pricing standards. The role requires extensive experience in non-life insurance pricing, strong leadership, and communication skills. This position is based in Bay Roberts, NL, and is not remote.
Actuary, Canada

Toronto, ON I Canada

DISCOVER your 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

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.

Learn more at axaxl.com

Inclusion & Diversity

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.

At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It's about helping one another - and our business - to move forward and succeed.
• Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe
• Robust support for Flexible Working Arrangements
• Enhanced family friendly leave benefits
• Named to the Diversity Best Practices Index
• Signatory to the UK Women in Finance Charter

Learn more at axaxl.com/about-us/inclusion-and-diversity . AXA XL is an Equal Opportunity Employer.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called "Roots of resilience," focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars:
• Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society - are essential to our future. We're committed to protecting and restoring nature - from mangrove forests to the bees in our backyard - by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
• Addressing climate change: The effects of a changing climate are far reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
• Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We're training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
• AXA Hearts in Action : We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL's "Hearts in Action" programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day - the Global Day of Giving.

For more information, please see Sustainability at AXA XL .