Auto Pricing Actuary - Personal Lines

The Opportunity

Are you looking for a caring, collaborative, values-driven workplace with inspiring teammates and leaders? Do you have the ambition and desire to be the best and thrive at the most impactful global insurance provider in the world? Look no further than Zurich Canada. 

If you have actuarial experience, and are looking for a new challenge, we would love to hear from you.  

Zurich Canada is currently looking for an Auto Pricing Actuary - Personal Lines to support the pricing process for the Personal Lines Auto business and provide analytical support and insights to the Auto Pricing team and to our business partners. 

In this role, you will also contribute to rate changes, filing, and communications aspects of the changes with internal partners. This will be an ongoing enhancement of pricing sophistication and risk segmentation where you will implement changes in rating platform and perform required validation.

This is a unique opportunity to build your knowledge and experience for the future in a supportive environment where your voice matters. This posting is a new vacancy. 

Zurich Canada uses artificial intelligence–enabled tools to support certain aspects of the recruitment process, including the initial review and screening of applications. Artificial intelligence is not the sole basis for candidate shortlisting or selection. All hiring decisions are reviewed and made by qualified hiring professionals.

Zurich follows a hybrid work model requiring three days per week of in-person presence, which may include time in the office or market-facing engagements.

What you will do

•    Under general supervision, support the pricing of new business and renewal portfolios and the development of effective premium and rating structures.
•    Contribute to interactions with rate regulators, internal partners, and governance on pricing-related topics, with guidance from senior team members.
•    Support the development and maintenance of pricing models, tools, and reporting capabilities.
•    Develop a solid understanding of factors impacting loss costs and premiums, and contribute to initiatives that continuously increase pricing sophistication, including the creation of new predictive models
•    Assist in monitoring portfolio performance and profitability for new and renewal business.
•    Prepare and perform actuarial analyses, including trend analyses, indications, rate impact and other pricing-related studies, with appropriate review.
•    Support Product and Underwriting teams by providing diverse analysis and recommendations.
•    Assist in the testing, implementation, and ongoing maintenance of pricing algorithms and tools.
•    Remain informed of regulatory and market developments and incorporate learnings into pricing analyses.
•    Operate within Zurich underwriting guidelines and procedures.

Job Qualifications - What you bring to the table

Required:

•    Zurich Certified Insurance Apprentice, including Associate Degree

OR

•    Bachelor’s Degree

AND

•    5–7 years of experience in the Actuarial area, preferably in Personal Lines pricing
•    Progress toward actuarial designation (ACAS or equivalent international certification)

Preferred:

•    Experience in auto pricing across one or more provinces
•    Strong analytical, verbal, and written communication skills
•    Ability to explain technical results to non-technical stakeholders

At Zurich Canada, we are committed to pay equity. We determine compensation based on objective criteria such as skills, experience, and internal equity. The salary range for this position is 108,000 – 158,000. This range reflects the expected pay for the role across Canada and may vary depending on factors like office location, specific responsibilities, and individual qualifications. As required by local law, Zurich provides in good faith a reasonable compensation range, but starting salaries may exceed this range based on a candidate’s skills and experience.

Fluency in both spoken and written English is required to facilitate communication with internal and external stakeholders outside Quebec. 

Our Culture

•    At Zurich, we are proud of our culture. We are passionate about Diversity, Inclusion, Equity and Belonging (DIEB). We want you to bring your whole self to work, and we want our employees to be reflective of the communities in which we live and work. Our DIEB initiatives are creating an environment where everyone feels welcome. 

•    We have a collaborative culture where diversity of thought is valued. We value your input and strive to give our employees the tools they need to make an impact.  

•    We care about our employees’ well-being and offer a comprehensive health/benefits plan with varying levels of coverage to suit your specific needs and a competitive total compensation package. 

•    We understand how important it is to rest, recharge and do the things you love. At Zurich, all employees receive a minimum of four weeks of vacation per year to do just that. 

•    We also understand that employees require time off for personal reasons. Maybe you have an appointment during a workday, a cultural or religious holiday you would like to observe, or you need time off to focus on your mental health. Zurich employees receive four personal days per year to be used at their discretion.  

•    We are committed to continuous improvement and offer access to a comprehensive range of training and development opportunities.  

•    We care about our communities. Our communities are where our customers, people, and shareholders live and work. While we can be proud of the contribution to society Zurich makes through our core business of insurance, we must also give back to our communities through our talent, time and resources. 

•    We have won numerous awards for our workplace culture. We are proud to be one of Greater Toronto’s Top Employers and to have received Insurance Business Canada’s 5-Star Diversity, Equity and Inclusion Award.    

Make a difference. Be challenged. Be inspired. Be supported. Love what you do. Work for us.  

A future with Zurich

Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 148 years of experience managing risk and supporting resilience. We are a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. Today, we serve more than 25 industries, from agriculture to technology and insure 90% of the Fortune 500®. Our growth strategy is not limited to our business. As an employer, Zurich strives to provide ongoing career development opportunities and foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our people, our customers and the communities we serve.

As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers’ expectations. Zurich is committed to providing a diverse, inclusive and barrier-free environment resulting in an accessible organization for employees, customers, and other parties who interact with, or on behalf of, Zurich. We strive to achieve a workplace free of discrimination of all forms, including discrimination on the basis of physical or mental disability, or medical condition. If you are interested in a job opportunity, please advise if you require an accommodation, so we can work with you to provide a more accessible process. 

Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich Canadian Holdings Limited. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission.

Only applicable for Canada: For Zurich Canada's commitment to diversity and accessibility please click here . If you would prefer to not receive future electronic messages from Zurich Insurance Company Ltd's recruitment management system, please email your request to have your job profile deleted from the system by clicking here . Zurich Insurance Company Ltd 100 King St., W., Suite 5500, Toronto, ON, M5X 1C9.