Team Lead, Pricing Modelling

2 weeks ago

Markham, Ontario, Canada Aviva Full time
Individually we are people, but together we are Aviva. Individually these are just words, but together they are our Values - Care, Commitment, Community, and Confidence.


The insurance industry is undergoing a technology revolution and you will be in the driver's seat with Pricing Transformation team.

Pricing Transformation team is focused on increasing the velocity of Aviva's pricing sophistication journey.

As a member of the team, you will be working together with our Data Science and Street Pricing teams to build cutting-edge pricing models and increase the pace of delivery.

We are looking for motivated individuals, who are inquisitive, analytical and enjoy a constructive debate with colleagues.


What you'll do- Develop best-in-class pricing models using GLM, GAM, XGBoost and other predictive modeling techniques.- Work effectively in a multi-disciplinary team including Data Science, Street Pricing and Enablement.

Effectively influence stakeholders in other teams and hold them accountable for the deliverables.

Be able to constructively challenge each other in the spirit of achieving the best result for Aviva.- Develop best practices and guiding principles for model development in pricing.

Identify systematic improvements to all parts of the process including objective setting, requirement gathering, development, validation and implementation.- Understand the business objectives and be able to formulate the criteria and constraints for model development.

Set constraints/requirements for the data science team to deliver the highest possible value.- Regularly communicate stakeholders of varying technical expertise to achieve a common understanding of the goals, progress and roadblocks.

Act as a translator to put technical considerations in perspective for the business-oriented audience.

Build a common understanding of trade-offs between technical performance of the models business/implementation considerations.- Coach junior members of the team and direct their day-to-day activities.

Be able to delegate and nurture competence in junior staff.- Share knowledge and insights with the broader pricing team.

Increase the level modeling competency and Python knowledge with the staff.- Participate in the wider actuarial community at Aviva including the Actuarial Forum, social committees and the campus outreach program.

Deep-dive into the data and investigate any anomalies to explain the results and advise on potential solutions


What you'll bring- Minimum 4 years of P&C experience- Strong experience in model development, validation, or implementation- Proficient in programming in Python- Stay current with industry development and emerging trends, eager to learn- Resourcefulness and ability to be highly independent.

- Strong problem solving and analytical skills- Ability to communicate well and present ideas/decisions clearly to technical and non-technical audience


What you'll get- Competitive rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities.- Our vacation package starts at 4 weeks + the opportunity to buy an extra week.- Exceptional Career Development opportunities.- Flexible/Hybrid work arrangements.

Additional Information

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