Actuarial Analyst, Reserving

Aviva; Markham; Hybrid; CAD 60,000 - 80,000; Full time

Job summary

A leading insurance company in Markham is seeking a dedicated individual for their Reserving team. Responsibilities include analyzing claim reserve levels and developing data operations. Ideal candidates should have a degree in actuarial science and exhibit strong analytical skills. This position offers a competitive rewards package, career development, and a hybrid work model.

Benefits

Competitive compensation

Annual bonus eligibility

Health benefits

Hybrid work model

Career development opportunities

Qualifications

• Actively pursuing actuarial exams.
• Strong analytical and problem-solving skills.
• Ability to work independently and in teams.

Responsibilities

• Support the operation and development of claims and policy data.
• Analyze the adequacy of the company’s claim reserve levels.
• Develop improvements in current processes.

Skills

Analytical skills

Problem-solving skills

Excellent interpersonal skills

Team player

Education

Degree in actuarial science, mathematics, or related field

Tools

MS Excel

SAS

Job description

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.

Aviva Canada is looking for a hardworking individual interested in joining the Reserving team within the Corporate Actuarial family. This role reports into the Senior Actuarial Manager, Reserving.

Reserving is a trusted and highly valued function, with significant insight and influence on Aviva’s financial performance. In addition to building core reserving knowledge, team members benefit from meaningful interaction and exposure to insurance financials, claims operations, and actuarial pricing. Other development opportunities specific to the role includes technical skills in working with large datasets, claims knowledge, reinsurance knowledge, and product knowledge with a focus on commercial lines.

Come join our team!

What you'll do:

• Support the operation and development of claims and policy data used by Reserving models

• Analyze the adequacy of the company's claim reserve levels by application standard actuarial techniques on core commercial business, and ad hoc solutions for specialty commercial business

• Support the Quarterly Reserving Committee and Year-end Valuation reports.

• Maintain monitoring reports for both internal and external reporting.

• Provide insights regarding the company’s financial performance from a reserving point of view.

• Build a close relationship with company-wide partners and connect with the business partners in understanding the reserve impact on their respective portfolio.

• Develop improvements in current process to improve efficiency.

What you'll bring:

• Degree in actuarial science, mathematics, or related field.

• Actively pursuing actuarial exams

• Strong analytical and problem-solving skills.

• Strong team player who is also able to work independently.

• Excellent interpersonal and communication skills - ability to establish and maintain good working collaborations with various departments.

• Strong analytic and problem-solving skills with the ability to work through the technical implementation details while appreciating the big picture.

• Strong technical knowledge with MS Excel and SAS.

What you’ll get:

• Compelling rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities.

• Outstanding Career Development opportunities.

• We’ll support your professional development education.

• Competitive vacation package with the option to purchase 5 extra days off per year

• Employee driven programs focused on gender, LGBTQ+, origins, diversity and inclusion

• Corporate wellness programs to support our employees’ physical and mental health

• Hybrid flexible work model

Please note that we may use AI tools to help us through the recruitment process. This is a new position which has been posted both internally & externally.

Aviva Canada has an accommodation process in place to provide accommodations for employees with disabilities. If upon commencement of employment you require a specific accommodation because of a disability, please contact your Talent Acquisition Partner so that an appropriate accommodation can be arranged. This process applies throughout your career with Aviva Canada.

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