Actuarial Analyst (Toronto)

Actuarial Analyst (Toronto)

04 Aug
|
Munich RE
|
Toronto

04 Aug

Munich RE

Toronto

Actuary We care for humankind – and that starts with our people Our greatest strength lies not in what we do – but how we do it. Do you enjoy building relationships and working collaboratively in a team environment? As someone with excellent communication, technical and organizational skills, you will utilize exceptional interpersonal and influencing skills across all levels of the organization.

We’re looking for our next Actuary. Reporting to the Head of Pricing, Treaty Underwriting for Munich Reinsurance of Canada, an Actuary is responsible for analyzing the profitability of treaty reinsurance treaties, closely working with the underwriting & client management teams to ensure competitive pricing for quote opportunities, and conducting strategic projects to support the management of the treaty portfolio. Assess pricing adequacy across varying contract terms and provide pricing recommendations in response to evolving regulatory frameworks (i.e. auto reform) Lead strategic projects aligned with business needs, managing expectations with internal and external stakeholders Support reinsurance facultative and primary single risks pricing Provide CAT modelling support by using industry and in-house software Provide peer review and training/mentorship to junior analysts So are YOU our next Actuary?

Bachelors’ Degree in Actuarial Science, Mathematics or equivalent ~ FCAS designation is required for Actuary title. Near FCAS or career ACAS with pricing experience would also be considered at a Senior Actuarial Associate level with a reduced salary range ~5+ years of P&C; actuarial work experience,



prior experience in pricing is required and experience in reinsurance pricing is preferred ~ Excellent working knowledge of MS Excel, PowerPoint, Access ~ Programing and modeling experience such as: SQL, Power BI, AIR, RMS considered an asset ~ Demonstrates exceptional actuarial judgement by making technical decisions independently and be self-driven to deliver business insights ~ Proven experience leading projects and provide coaching to junior staffs ~ Demonstrates exceptional communication skills to distill complex technical concepts into clear, persuasive messages for senior internal and external stakeholders ~ Independently prioritizes competing tasks and remains versatile in adapting to changing work demands You will be exposed to challenging projects and development opportunities to grow your skills and career with both local and global colleagues and partners. A comprehensive total rewards financial program which includes extensive flexible benefits and pension.

Accommodations will be made for qualified applicants with a disability throughout the recruitment process. If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please contact [email protected] base salary range for the actuary role is between $135,000 and $174,000 per year, plus an opportunity for an annual company bonus based upon a percentage of eligible pay. The salary range for the Senior Actuarial Associate will be lower.

Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to internal equity. This role is located in our Toronto office on 390 Bay St, and we operate in a hybrid work model.

📌 Actuarial Analyst (Toronto)
🏢 Munich RE
📍 Toronto

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