Manager, Actuarial Pricing - National Initiatives

Wawanesa Insurance•Edmonton, AB

8d•CA$130,000 - CA$160,000•Hybrid

About The Position

Wawanesa is looking for an exceptional candidate to take on the role of Manager, Actuarial Pricing - National Initiatives within our Pricing Excellence team. The National Initiatives team plays a critical role in shaping Wawanesa's pricing strategy by delivering actionable indication analyses, advancing pricing methodologies, and supporting national pricing initiatives. The team partners closely with Pricing, Product, Claims, Corporate Actuarial, and data teams to influence strategic decisions that impact profitability, growth, and our member experience.

Requirements

Undergraduate university degree in Actuarial Mathematics, Statistics, Mathematics or other related field of study.
Extensive knowledge and experience with pricing indications and the complexities of the steps in the process to create them.
Experience leading complex initiatives that require alignment across multiple teams and business functions.
Knowledge of P&C insurance industry and insurance operations in general.
Excellent communication skills both written and verbal.
Experience leading, coaching, and developing actuarial professionals.
Excellent analytical and problem-solving skills with the ability to understand context and its impact on all issues.
Identifies when something needs to be done and proactively initiates action as required.
Adapts to change effectively.
Develops and implements comprehensive plans that bridge complex issues and span across time.
Strong leadership skills with the ability to develop and communicate a vision.

Nice To Haves

Fellow of the Casualty Actuarial Society an asset.

Responsibilities

Provide leadership in development and maintenance of personal lines indications, inclusive of soliciting input from multiple areas of the company.
This includes understanding and applying complex internal and external market and business factors and explaining them to a variety of audiences.
Provide thought leadership on indication methodology and pricing strategy, influencing key business decisions through data-driven insights and recommendations.
Remain up to date on current accepted methodologies and review opportunities for methodology improvements to continuously enhance our process to create best-estimate pricing indications.
Ensure procedures are in place to utilize all valuable data necessary for the indication process and verify its availability, completeness and accuracy.
Support the strategic data priorities of the pricing team, collaborating with other data partners such as Data Management to develop solutions.
Ensure applicable regulations related to the filing of indications for the auto products are appropriately considered.
Collaborate with Personal Pricing and Product teams to coordinate timely and efficient implementation of national projects and initiatives.
Support the pricing teams in the implementation of optimized refinements to current pricing algorithms and ratemaking methodologies as appropriate to meet the organizational objectives.
Manage performance of direct reports inclusive of providing professional and technical guidance and provide regular performance reviews.
Develop and mentor a high-performing team of actuarial professionals by fostering technical excellence, career development, collaboration, and continuous improvement.
Play an active role in the interpretation of data and statistical studies in the pricing area.
Perform other duties as assigned, handling special projects as assigned by Director, Pricing Excellence.