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Actuarial Analyst/Senior Actuarial Analyst

2 months ago

Markham, Ontario, Canada Aviva Full time
Actuarial Analyst/Senior Actuarial Analyst

Aviva is seeking a highly skilled Actuarial Analyst/Senior Actuarial Analyst to join our commercial actuarial team. As a key member of our team, you will play a critical role in supporting our actuarial pricing transformation initiatives and working collaboratively with all partners to drive profitable growth for Aviva's commercial insurance.

Key Responsibilities:
  • Support pricing transformation initiatives across commercial insurance (Aviva Business & GCS) that align with overarching CI strategies, focusing on profitable growth, shifting the business mix, and embedding risk-selection criteria into pricing.
  • Conduct rate reviews for commercial products, monitoring trends, business mix, and changes in operational practices that affect commercial insurance performance, and communicate results to all partners and stakeholders.
  • Collaborate with Data Science to build and review predictive models, improving the accuracy of pricing algorithms and driving a balanced approach between technical considerations and business objectives.
  • Build positive relationships with key stakeholders at the head office and in the field, identifying partners' needs and tailoring solutions that enhance value for commercial insurance.
  • Develop and maintain regular monitoring processes, seeking improvement in existing methods and procedures to enhance effectiveness and accuracy.
  • Coach junior staff and act as a technical expert and mentor for analysts.
  • Participate in the actuarial community at Aviva.
Requirements:
  • Bachelor's degree in Actuarial Science, Math, or Statistics, or other related subjects.
  • Minimum of 3 years of P&C work experience, preferably in pricing.
  • Minimum of 3 to 5 CAS exams.
  • Actuarial curiosity to learn and explore new solutions.
  • Strong problem-solving and analytical skills.
  • Strong technical skills in pricing and predictive analytics, with attention to detail.
  • Ability to challenge the status quo and influence.
  • Strong communication skills, with the ability to articulate methodology choices and implications to non-technical stakeholders.
What We Offer:
  • 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.
  • Support for your professional development education.
  • Hybrid working model.

Aviva Canada is committed to providing accommodations for people with disabilities during all phases of the hiring process, including the application process. If you require accommodation because of a disability, we will work with you to meet your needs. Applicants need to make their needs known in advance. If you are selected for an interview and require accommodation, you are encouraged to advise the Talent Acquisition Partner who will consult with you to determine an appropriate accommodation.