Actuarial Manager, Personal Insurance Auto Pricing

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

Job summary

Join a forward-thinking insurance company as a business-minded actuary specializing in personal auto products. In this dynamic role, you will leverage your extensive actuarial expertise to influence pricing strategies and ensure the profitability of the auto portfolio in Canada. You will collaborate closely with business partners, regulators, and auditors while mentoring junior staff to foster a positive work environment. With a compelling rewards package, outstanding career development opportunities, and a hybrid flexible work model, this position is perfect for those looking to make a meaningful impact in the insurance industry.

Benefits

Base compensation

Annual bonus eligibility

Retirement savings plan

Health benefits

Personal wellness opportunities

Volunteer opportunities

Career development support

Competitive vacation package

Corporate wellness programs

Qualifications

• 5+ years of P&C actuarial experience with a focus on pricing.
• Strong technical capabilities in Earnix, SAS, and Python.

Responsibilities

• Responsible for actuarial methods and profitability of the auto portfolio.
• Collaborate with business partners to develop pricing strategies.

Skills

P&C actuarial experience

Pricing and modelling

Negotiation and influence

Technical capabilities (Earnix, SAS, Python)

Project management

Education

University degree in mathematics

ACAS/ACIA designation

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 to 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:

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

What you'll bring:

1. 5+ years of P&C actuarial experience including pricing and modelling.
2. Solid understanding of the rate filing.
3. Ability to negotiate and influence.
4. Strong technical capabilities, including experience in Earnix, SAS, and Python.
5. Strong project management skills with the ability to multitask and prioritize.
6. Previous management and leadership experience.
7. University degree in mathematics or actuarial sciences.
8. Minimum of ACAS/ACIA preferred.

What you’ll get:

1. Compelling rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities.
2. Outstanding Career Development opportunities.
3. We’ll support your professional development education.
4. Competitive vacation package with the option to purchase 5 extra days off per year.
5. Employee driven programs focused on gender, LGBTQ+, origins, diversity and inclusion.
6. Corporate wellness programs to support our employees’ physical and mental health.
7. 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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