Actuarial Lead - Insurance

Job description: Brief Role Description The role of the Actuarial Lead - Insurance is responsible for providing all actuarial inputs for income recognition for actual and forecast models. He/she will be responsible for providing Regular updates on Loss curves vs. priced. Perform comparison of actual to priced loss ratios on a quarterly basis. Understand and support the IFRS 17 changes related to Insurance products. Position level: 10 Reports: Senior Director, Finance Insurance NAR Role classification: Hybrid Contract: Maternity Leave replacement Possible Tasks within this Role Support the implementation of IFRS 17 for the insurance products.(30%) Understand and provide effective challenge on Pricing and Reserve calculation for Auto Insurance products.(20%) Collaborate with the Risk Management Planning and Reporting Group, Accounting and senior management in establishing adequate loss provisions for Insurance products.(10%) Engage with CFO, VP of Finance and Chief Risk Officer, Accounting, Risk Management, Brand executives and external auditors to gain acceptance on the loss and reserve forecasts. Provide technical and operational support to auditors to ensure successful audit close.(10%) Be able to extract data from data warehouse for Insurance products and perform analysis on upcoming issues/trends.(10%) Providing all actuarial inputs for income recognition for actual and forecast models .(10%) Regular updates on Loss curves vs. priced. Perform comparison of actual to priced loss ratios(10%) Profile description: Qualification requirements Years of experience 7 years minimum At least 5 years working as an actuary in the Insurance industry and having an ACAS designation Desired: 3 years working in Auto Insurance Industry with knowledge of Auto Insurance products. Education Bachelor’s Degree in a quantitative discipline: Statistics, Mathematics, Economics, Operations Research Desired: Master’s Degree in related field Specialized Skills Support a robust pricing and/or reserving review process for insurance business, including both standard actuarial techniques and advanced modeling Develop indications and communicate them to Actuarial Management and Senior Leadership Work collaboratively as a part of the broader Pricing and/or Reserving process Develop and communicate business analytics to Senior Leadership Foster innovation within the team and across the broader organization Support development of themselves and other associates in an actuarial capacity and according to VCI vision and mission statement Work Flexibility Minimal travel – 5% Flexibility to work remotely on as-needed basis Role may require occasional/seasonal work outside of normal working hours. Salary range is dependent on factors such as industry-based experience, skills, training, credentials, and other qualifications. The salary range for this role is $100,000 - $138,000. Actual pay may vary based on experience, education, and internal compensation practices. This posting represents an existing vacancy that we are actively seeking to fill.

The Actuarial Lead is responsible for providing actuarial inputs for income recognition and performing quarterly comparisons of actual versus priced loss ratios. The role involves implementing IFRS 17 changes and collaborating with senior leadership and auditors to establish adequate loss provisions.

Candidates must have at least 7 years of experience, including 5 years as an actuary in the insurance industry with an ACAS designation. A bachelor's degree in a quantitative discipline is required, with a master's degree and auto insurance experience preferred.

Identified from the job description. Confirm important requirements above.

• Actuarial Modeling
• Income Recognition
• IFRS 17
• Loss Ratio Analysis
• Reserve Calculation
• Auto Insurance Pricing
• Data Extraction
• Financial Forecasting
• Risk Management
• Audit Support
• Business Analytics
• Quantitative Analysis

• Finance & Accounting
• Data & Analytics
• Management & Leadership
• Manufacturing

Minimum education

Bachelor’s degree

Minimum experience

5+ years

Apply by

Sep 4, 2026

Posting language

English

Working hours

40 hours per week

Seniority

Mid-Senior level