Actuarial Manager, Reserving

Aviva plc; Markham; Hybrid; CAD 90,000 - 130,000; Full time

Job summary

A leading insurance company seeks an Actuarial Manager for its Reserving team in Markham. The role involves leading reserve reviews, analyzing claims reserves, and collaborating with stakeholders. Ideal candidates have extensive actuarial experience with FCAS/FCIA designation, effective communication abilities, and proficiency in tools like Excel and Python. Aviva offers competitive packages and a supportive hybrid work environment.

Benefits

Competitive rewards package including base compensation and annual bonus

Vacation package starting at 4 weeks

Exceptional career development opportunities

Support for professional development education

Health benefits and personal wellness initiatives

Volunteer opportunities

Qualifications

• 5+ years of P&C actuarial experience or 10+ years with expertise equivalent to FCAS.
• Reserving experience is an asset.
• Ability to build and maintain strong cross-functional relationships.

Responsibilities

• Lead quarterly reserve review and communicate financial insights.
• Analyze adequacy of claim reserves using actuarial techniques and advanced models.
• Develop enhancements to improve reserving processes.

Skills

Analytical skills

Problem-solving skills

Interpersonal skills

Communication skills

Education

Degree in Actuarial Science, Mathematics, or related field

FCAS/FCIA designation

Tools

Microsoft Excel

VBA

SAS

SQL

Python

Job description

Actuarial Manager, Reserving page is loaded

Actuarial Manager, Reserving

Apply locations Markham posted on Posted 5 Days Ago job requisition id R-156557

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 seeking a passionate individual to join the Reserving team as an Actuarial Manager. The successful candidate will be primarily responsible for leading the quarterly reserve review, communicating financial insights to key stakeholders, and contributing to exciting projects focused on designing and implementing more efficient reserving processes and reporting tools.

Come join our team!

What you'll do:

• Analyzes the adequacy of the company's claim reserves using both standard actuarial techniques and advanced reserving models incorporating machine learning methods.

• Supports the Quarterly Reserve Committee and year-end valuation reporting.

• Maintains monitoring reports for both internal and external stakeholders.

• Provides insights into the company’s financial performance from a reserving perspective.

• Builds strong relationships with company-wide partners and collaborates with business units to understand the reserve impact on their respective portfolios.

• Develops enhancements to current processes to improve efficiency.

What you'll bring:

• FCAS/FCIA designation with 5+ years of P&C actuarial experience, or 10+ years of experience with expertise equivalent to an FCAS.

• Reserving experience is considered an asset.

• Degree in Actuarial Science, Mathematics, or a related field.

• Strong analytical and problem-solving skills.

• Effective team player with the ability to work independently.

• Excellent interpersonal and communication skills, with the ability to build and maintain strong cross-functional relationships.

• Strong analytical and problem-solving abilities, with a focus on both technical implementation and strategic perspective.

• Proficient in Microsoft Excel and VBA.

• Experience with SAS, SQL, and Python is an asset.

What you'll get:

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

• Our vacation package starts at 4 weeks!

• Exceptional Career Development opportunities.

• We'll support your professional development education.

• Hybrid work model

Please note that we may use AI tools to help us through the recruitment process. This is an 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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About Us

We help our 19.5 million customers to save forthe 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.