Summary
Overview
Work History
Education
Skills
Websites
Certification
Highlights Achievements
Talents Attributes
Languages
Accomplishments
Timeline
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KAREEM SANDID

Toronto,Canada

Summary

Results-oriented [Job Title] bringing expertise in accounting, supply chain management and marketing. Successful at overseeing all areas of daily operations and making effective policy decisions to positively impact business direction and bottom line profits.

Overview

15
15
years of professional experience
1
1
Certification

Work History

DIRECTOR, INSURANCE CONSULTING AND DEAL

PwC
Toronto, Canada
01.2022 - Current
  • In a key leadership role within PwC’s Financial Services Consulting practice, the focus is on Insurance Strategy & Operations
  • This role involves harnessing a blend of actuarial, financial, and broad business expertise to guide organizations toward achieving their strategic and financial aspirations.

DIRECTOR of STRATEGIC INITIATIVES, OFFICE of the PRESIDENT and CEO

Travelers Canada
Toronto, Canada
01.2018 - 01.2022
  • Strategic confidante to the president and CEO, offering vital insights, advice, and leadership on decisions affecting the property and casualty insurance value chain
  • Focused on shaping the organization's present and future through informed decision-making, foresight, and collaboration.

CHIEF ACTUARIAL OFFICER

Totten Insurance Group, A HUB Company
Toronto, Canada
01.2014 - 01.2017
  • Spearheaded the development of actuarial capabilities to enable data-driven business decisions
  • Orchestrated the optimal Contingent Profit Commission across harmonized legal entities, enhancing underwriting profitability for specific business segments.

MANAGER, ACTUARIAL SERVICES, SPECIALTY COMMERCIAL LINES

Aviva Canada
Toronto, Canada
01.2009 - 01.2014
  • Inaugurated a pioneering role, harnessing capabilities, cultivating relationships, and bridging the divide between field operations and governance.

Education

Executive Master of Business Administration (MBA) -

Rotman School of Management, University of Toronto
01.2018

Honors Bachelor of Science, Actuarial Sciences -

Department of Statistical and Actuarial Sciences, University of Western Ontario
01.2007

Skills

  • Insurance knowledge
  • Relationship Building
  • Business Development
  • Problem-Solving
  • Problem-solving aptitude

Certification

Associate Status, Canadian Institute of Actuaries, 3/2022

Highlights Achievements

  • Acted as a key gauge for the corporation's internal and external dynamics, providing strategic P&L insights to the president, CEO, and executive team. Elevated statutory net income from $3M to $150M in three years.
  • During a pandemic downturn, guided the CEO and co-chaired a committee that cut $25M in expenses and revamped the underwriting approach, enhancing the margin by 300 basis points.
  • Established actuarial capabilities from the ground up for a premier insurance intermediary, successfully rehabilitating a vulnerable $40M portfolio and generating an additional $2M in revenue.
  • Steered distribution task force and strategy initiatives, enhancing channel capabilities. Fostered industry relationships, securing a $70M new business pipeline.

Talents Attributes

  • Corporate Strategy Conceptualization, Development, & Execution
  • Actuarial Pricing & Reserving
  • Strategic & Influential Communications
  • Market Research
  • Investment & Strategic Planning
  • Macro & Microeconomics
  • Cross-Functional Team Development
  • Distribution Strategy
  • Partnership Relationship Building
  • Process Design & Analysis
  • Resource Deployment
  • Financial Statement Analysis
  • Profitability Rehabilitation
  • Go-To-Market Strategies

Languages

English
Native/ Bilingual
French
Limited
Arabic
Elementary

Accomplishments

  • Jane Terimon Award

Timeline

DIRECTOR, INSURANCE CONSULTING AND DEAL

PwC
01.2022 - Current

DIRECTOR of STRATEGIC INITIATIVES, OFFICE of the PRESIDENT and CEO

Travelers Canada
01.2018 - 01.2022

CHIEF ACTUARIAL OFFICER

Totten Insurance Group, A HUB Company
01.2014 - 01.2017

MANAGER, ACTUARIAL SERVICES, SPECIALTY COMMERCIAL LINES

Aviva Canada
01.2009 - 01.2014

Executive Master of Business Administration (MBA) -

Rotman School of Management, University of Toronto

Honors Bachelor of Science, Actuarial Sciences -

Department of Statistical and Actuarial Sciences, University of Western Ontario
KAREEM SANDID