Actuarial Manager, Data Science Price Modeling

Aviva Canada; Toronto; Hybrid; CAD 80,000 - 120,000; Full time

Job summary

An established industry player in the insurance sector is seeking an Actuarial Manager to lead data science price modeling initiatives. This role is pivotal in developing innovative pricing strategies and enhancing product offerings through data-driven insights. The ideal candidate will leverage their extensive actuarial experience to influence business decisions and mentor junior staff, ensuring alignment with corporate standards. With a focus on collaboration and strategic thinking, this position offers a unique opportunity to shape the future of pricing in a dynamic environment. Join a forward-thinking team committed to excellence and professional growth.

Benefits

Career development opportunities

Support for professional education

Competitive vacation package

Diversity and inclusion programs

Wellness initiatives

Qualifications

• 5+ years in insurance pricing or 7+ years in P&C actuarial experience.
• Hands-on scripting/coding experience, preferably in Python.

Responsibilities

• Develop and oversee actuarial methods and assumptions.
• Collaborate with business partners to implement pricing changes.
• Mentor junior staff and act as a technical expert.

Skills

Insurance Pricing

P&C Actuarial Experience

Leadership Skills

Problem-Solving Skills

Negotiation Skills

Communication Skills

Python Scripting

Analytical Mindset

Project Management

Job description

Actuarial Manager, Data Science Price Modeling

Join to apply for the Actuarial Manager, Data Science Price Modeling role at Aviva Canada.

Aviva Canada, part of a global insurance company, is on a mission to be the best insurer in Canada. We focus on developing industry-leading capabilities with customer-focused offerings based on our world-class pricing and data science.

We seek a business-minded actuary to handle pricing for various products. This role requires providing actuarial advice, influencing decisions through analysis, and understanding external partner demands and price modeling intricacies. You will also research new pricing methods, ensure smooth implementation of rating plans, and provide expertise in product design, corporate planning, and segmentation analysis.

The ideal candidate is an independent contributor with a curiosity for developing pricing strategies for strategic partnerships. While not a formal leadership role, you will collaborate with actuarial and statistical analysts, fostering a positive and results-oriented environment.

What You’ll Do

• Develop and oversee actuarial methods and assumptions.
• Create systems and methodologies for analyzing rates and products.
• Collaborate with business partners to develop strategies and implement pricing changes.
• Work with Analytics to review and enhance pricing and segmentation models.
• Mentor junior staff and act as a technical expert.
• Ensure product development aligns with standards.
• Understand your book of business to provide strategic insights.

What You’ll Bring

• 5+ years of insurance pricing or 7+ years of P&C actuarial experience.
• Strong leadership and problem-solving skills.
• Ability to translate business requirements into actuarial analysis.
• Effective negotiation and communication skills.
• Hands-on scripting/coding experience, preferably in Python.
• Analytical mindset with a desire to validate and challenge data.
• Strong project management skills.

What You’ll Get

• Career development opportunities.
• Support for professional education.
• Competitive vacation package with extra days option.
• Diversity and inclusion programs.
• Wellness initiatives.
• Hybrid flexible work model.