actuarial analyst, large accounts, Toronto

posted
contact
randstad canada
job type
temporary
apply now

job details

posted
location
toronto, ontario
sector
finance and accounting
job type
temporary
reference number
2204316STFEN
contact
randstad canada
apply now

job description

The Large Accounts Pricing team is responsible for supporting the pricing and profitability of all large commercial accounts. We do so by providing actuarial analysis on Property, Casualty and Auto products and collaborating with underwriters and the leadership in these areas. Senior management helps to establish appropriate renewal strategies. The team plays a key role in supporting the financial goals of the commercial insurance business.
We provide technical expertise by evaluating the profitability of commercial accounts with premium above $1M or those involving complex/unique structures through the use of standard methodology, actuarial principles and using pricing and simulation tools available within the Commercial Insurance department. You will work closely with underwriters, and occasionally with brokers and senior management.

Accountabilities:
• You will conduct indication analysis to ensure rate adequacy of individual accounts
• Your ability to effectively communicate results of analysis to the managers, and underwriters will build on ongoing performance and data knowledge.
• By demonstrating an understanding of pricing tools and models used for the evaluation, you will support the strategy for future experience for new and renewal accounts.
• We recommend alternative pricing solutions based on rare characteristics of the large accounts, and you will drive this in the work you do.
• Your contributions in ad-hoc pricing projects to improve our team’s level of sophistication will deeply impact the business.

Advantages
Work from Markham or Toronto office, your choice!
up to $31.50/hr
Permanent potential
Work for one of the largest insurance companies globally

Qualifications
• At a minimum, a Bachelor’s degree in business administration, finance, actuarial science or other related field or equivalent experience.
• Working toward ACAS designation
• 1 plus years of experience in P&C industry combined with appropriate academic background and analytical experience is preferred.
• An understanding of insurance principles and actuarial pricing techniques is required
• Believes in working collaboratively with a team and cross-functional areas.
• Familiarity with the Canadian specific insurance trends is valuable.

Lindsay

Phone Number:
416.861.9888
Fax Number:
416.861.8727

Randstad Professionals Canada
Randstad Canada is committed to building a diverse workforce reflective of the diversity of Canada. As a result, we promote employment equity and encourage candidates, especially those who identify as a woman, an Aboriginal person, a person with a disability or a member of a visible minority group, and any others who may contribute to the diversification of our workforce, to apply.

Randstad Canada is also committed to developing an inclusive, barrier-free selection processes and work environments.If contacted in relation to a job opportunity, you should advise your Randstad Representative or your local Randstad branch in a timely fashion of the accommodation measures which must be taken to enable you to be assessed in a fair and equitable manner.Information received relating to accommodation measures will be addressed confidentially.

For all feedback on equity and accommodation needs, please contact your local Randstad Canada Branch.