Chief Actuary – Canada in Toronto

Chief Actuary – Canada in Toronto

Toronto Full-Time Hybrid
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At a Glance

  • Tasks: Lead actuarial functions and drive data-driven decision-making for profitable growth.
  • Company: Join Arch Insurance Canada, a collaborative and innovative leader in the insurance industry.
  • Benefits: Competitive salary, comprehensive benefits, generous vacation, and tuition reimbursement.
  • Other info: Dynamic leadership role with opportunities for mentorship and career advancement.
  • Why this job: Make a real impact by solving complex business problems with a talented team.
  • Qualifications: FCIA or FCAS designation with 15+ years of P&C actuarial experience required.

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential.

Our work is the catalyst that helps others achieve their goals.

In short, We Enable Possibility℠.

Position Summary Arch Insurance Canada is seeking an experienced actuarial executive to lead pricing, reserving, analytics, and actuarial oversight for the Canadian business.

As a member of the Canadian Executive Leadership Team, this role is responsible for delivering actuarial leadership that supports profitable growth, financial discipline, and data-driven decision-making.

The successful candidate will combine deep Canadian Property & Casualty insurance expertise with strong business acumen, advanced analytical capabilities, and a hands-on approach to leadership.

The role operates within a broader North American Insurance actuarial framework and works closely with the North American EVP, Chief Actuary to ensure the Canadian business leverages North American best practices while addressing the unique requirements of the Canadian market and regulatory environment.

Key Responsibilities Lead all actuarial functions, including pricing, portfolio management, reserving, regulatory reporting, and capital support.

Partner with underwriting and executive leadership to set portfolio strategy, evaluate growth opportunities, challenge assumptions, and manage risk-adjusted profitability.

Provide oversight and challenge of external actuarial reviews, reserve analyses, and IFRS 17 reporting.

Align Canadian pricing methodologies, reserving practices, actuarial standards, and governance with North American framework while owning material Canadian market or regulatory considerations.

Support the adoption and effective use of enterprise actuarial systems, tools, and reporting capabilities.

Develop and enhance actuarial, analytics, and management reporting capabilities across the organization.

Work directly with business and technology teams to identify, extract, validate, and analyze insurance data.

Build actionable reporting and business insights that support executive decision-making.

Mentor and develop a high-performing actuarial and analytics team while elevating technical and data capabilities.

Operate as a hands-on leader, supporting complex analytical, data, and business challenges when required.

Qualifications FCIA or FCAS designation.15+ years of Property & Casualty actuarial experience.

Significant Canadian P&C pricing and portfolio management experience.

Deep expertise in pricing, profitability analysis, reserving, and underwriting performance management.

Strong knowledge of IFRS 17, actuarial financial reporting, and Canadian regulatory requirements.

Advanced programming skills and experience working with data platforms such as Snowflake and Python.

Strong understanding of database architecture, data governance, and actuarial data management.

Proven experience extracting, validating, and interpreting large insurance datasets.

Exceptional leadership, communication, and stakeholder management skills.

For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided.

Range is as of the time of posting.

Position is incentive eligible.

CAD $320,000 TO $350,000Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs.

The above pay range may be modified in the future.

Arch is committed to helping employees succeed through our comprehensive benefits package that includes medical plus dental, vision and prescription drug coverage; a competitive retirement plan with generous matching; Vacation plus 4 Lieu Days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Off plus 8 Sick Days per year; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Maternity Leave top up of up to 18 weeks and Parental leave top up of 6 weeks; and Tuition Reimbursement.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset?

Arch may be a great fit for you.

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Chief Actuary – Canada in Toronto employer: McNeil & Co.

Arch Insurance Canada is an exceptional employer that fosters a collaborative and innovative work culture, empowering employees to reach their full potential. With a comprehensive benefits package, including generous vacation time, parental leave top-ups, and a commitment to professional development, Arch provides a supportive environment for growth and success. Located in Canada, this role offers the unique opportunity to lead actuarial functions while leveraging North American best practices tailored to the Canadian market.

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Contact Details:

McNeil & Co. Recruitment Team

We think you need these skills to ace Chief Actuary – Canada in Toronto

Actuarial Leadership
Pricing Expertise
Portfolio Management
Reserving Practices
Regulatory Reporting
IFRS 17 Knowledge
Data Analysis