Actuarial Manager, Personal Insurance Auto Pricing

Aviva; Markham; Hybrid; CAD 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a business-minded actuary to lead pricing for personal auto products. This role involves providing actuarial expertise, developing pricing strategies, and collaborating with various teams to enhance profitability. You will thrive in a fast-paced environment, where your insights will shape decisions and influence outcomes. With a focus on professional development and a commitment to diversity and inclusion, this innovative firm offers a compelling rewards package and a hybrid work model, making it an exciting opportunity for those looking to make a significant impact in the insurance sector.

Benefits

Annual bonus eligibility

Retirement savings plan

Health benefits

Personal wellness opportunities

Competitive vacation package

Professional development support

Corporate wellness programs

Volunteer opportunities

Qualifications

• 5+ years of experience in P&C actuarial roles with a focus on pricing.
• Strong negotiation skills and technical expertise in data analysis.

Responsibilities

• Oversee actuarial methods for the auto portfolio in Canada.
• Collaborate with teams to implement pricing changes and new models.

Skills

P&C actuarial experience

Pricing and modelling

Negotiation

Technical capabilities

Project management

Education

University degree in mathematics

ACAS/ACIA

Tools

Earnix

SAS

Python

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 part of a global insurance company, and we are on a mission to be the best insurer in Canada. The future of our business depends on data and those who know how to use it. Our end game is to develop industry-leading capabilities with customer-focused offerings based on our world-class pricing and data science.

We are looking for a business-minded actuary to handle the pricing for personal auto products. You are more than a pricing actuary; you understand the demands of an external partner, as well as the ins-and-outs of regulation. You provide excellent actuarial advice and influence decisions using analysis and data. You thrive in a fast-paced environment where your opinion and experience are valued.

This position will also be responsible for providing statistical expertise, researching new pricing methods, and ensuring a smooth implementation of rating plans and algorithm changes. Additionally, you will be expected to provide actuarial expertise related to product design, corporate planning, and underwriting/segmentation analysis.

While the role will not officially have direct reports, you will have accountability for the overall performance and development of actuarial analysts and foster a positive and dynamic work environment that values people and achieves outperforming results.

Does this sound like your next role? Read on!

What you'll do:

• Directly responsible for actuarial methods and assumptions used as well as the overall profitability of the auto portfolio in Canada.
• Work closely with business partners and other teams in Personal Insurance to develop strategies and deliver pricing changes.
• Work with other teams in Personal Insurance to review and implement new enhanced pricing and segmentation models.
• Collaborate with regulators and auditors on pricing issues where needed.
• Coach junior staff and act as a technical expert and mentor.

What you'll bring:

• 5+ years of P&C actuarial experience including pricing and modelling.
• Solid understanding of the rate filing.
• Ability to negotiate and influence.
• Strong technical capabilities, including experience in Earnix, SAS, and Python.
• Strong project management skills with the ability to multitask and prioritize.
• Previous management and leadership experience.
• University degree in mathematics or actuarial sciences.
• Minimum of ACAS/ACIA preferred.

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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