Actuarial Manager

Aviva plc; Markham; Hybrid; CAD 86,000 - 162,000; Full time

Job summary

An innovative leader is sought to join a dynamic Technical Pricing team at a leading insurance provider. This role involves developing cutting-edge indication models, mentoring junior staff, and presenting critical insights to senior management. With a focus on collaboration and continuous improvement, you'll drive impactful projects that enhance accuracy in pricing strategies. The company offers a supportive environment for career advancement, competitive compensation, and a flexible hybrid work model. Join a forward-thinking organization that values diversity and inclusion, and make a meaningful impact in the insurance industry.

Benefits

Annual bonus eligibility

Retirement savings plan

Health benefits

Personal wellness programs

Volunteer opportunities

Competitive vacation package

Corporate wellness programs

Flexible work model

Qualifications

• 6 CAS exams / ACAS required for Team Lead/Manager roles.
• 4-6 years of P&C work experience is essential.

Responsibilities

• Build rate indication models for Personal Insurance business.
• Train junior staff on actuarial models and best practices.
• Manage special projects and collaborate with teams.

Skills

Leadership skills

Communication

Python

R

SAS

VBA

Actuarial modeling

Project management

Education

Bachelor’s degree in Actuarial Science, Math, or Statistics

Tools

Actuarial software

Data visualization tools

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 is looking for our next innovative leader! Join our Technical Pricing team as a Manager / Team Lead and drive innovation in our $4B Personal Insurance business. You’ll develop groundbreaking indication models, collaborate with actuarial experts, and challenge the status quo to enhance accuracy. Lead and mentor your team, handle impactful projects, and present your findings to senior management. This role offers ample opportunities for skill development and career advancement.

Come join our team!

What you’ll do

1. Build best-in-class rate indication models for a $4B Personal Insurance business. Identify emerging trends, research methodologies, and develop solutions for new technical challenges.
2. Train and coach junior staff on technical aspects of the actuarial models as well as best practices around process management.
3. Prepare and present impactful presentations for senior leaders. Summarize key assumptions and modeling choices in plain language and with effective use of visuals.
4. Improve tools and process by leveraging new technology and a deep understanding of the actuarial methodology.
5. Effectively manage special projects, overseeing technical design, scope, timelines, and communications.
6. Collaborate with Street Pricing, Reserving and Finance to determine shared assumptions and improve the Technical Pricing models.
7. Be actively involved in the actuarial community at Aviva.

What you’ll bring

1. Bachelor’s degree in actuarial science, Math or Statistics or other related subjects.
2. Minimum of 6 CAS exams / ACAS for Team Lead/Manager.
3. Minimum 4 years/6 years of P&C work experience for Team Lead/Manager.
4. Strong leadership skills and the ability to coach and mentor junior actuaries.
5. Curiosity and passion for improving on status quo.
6. Ability to communicate complex concepts in a simple manner.
7. Ability to lead projects and manage timetables and stakeholders.
8. Proficiency in Python, R, and/or SAS. Knowledge of VBA is an asset.

What you’ll get:

1. The salary band for this position ranges from $86,900.00 to $161,500.00. Please note that individual salary is determined by factors such as job-related knowledge, skills, and experience, as well as internal equity.
2. Compelling rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities.
3. Competitive vacation package with the option to purchase 5 extra days off per year.
4. Employee driven programs focused on gender, LGBTQ+, origins, diversity and inclusion.
5. Corporate wellness programs to support our employees’ physical and mental health.
6. Hybrid flexible work model.

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.

About Us

We help our 19.5 million customers to save for the future and manage the risks of everyday life. To give these customers the best possible products and service we know we must make Aviva the most attractive choice for talented, entrepreneurial people with diverse backgrounds and an evolving range of expertise and insight.

So, we’re passionate about helping our 23,000 people to do the best work of their lives, to enable them to make a positive difference to the lives of our customers.