Actuarial Manager, Reserving

Aviva; Markham; Hybrid; CAD 90,000 - 120,000; Full time

Job summary

Aviva Canada is on the lookout for an Actuarial Manager to lead the quarterly reserve review process and communicate financial insights. This role involves utilizing advanced actuarial techniques, building relationships across business units, and contributing to the efficiency of reserving processes. Ideal candidates will possess an FCAS or FCIA designation, strong analytical skills, and a collaborative mindset, making a significant impact within the Reserving team.

Benefits

Competitive rewards package

Base compensation and annual bonus

Retirement savings and share plan

Health benefits

Vacation package starts at 4 weeks

Exceptional career development opportunities

Support for professional development education

Hybrid work model

Qualifications

• FCAS/FCIA designation with 5+ years of P&C actuarial experience or equivalent.
• Strong analytical, problem-solving, and communication skills.
• Reserving experience is an asset.

Responsibilities

• Analyze the adequacy of the company's claim reserves.
• Support the Quarterly Reserve Committee and valuation reporting.
• Maintain monitoring reports for stakeholders.

Skills

Analytical skills

Problem-solving skills

Interpersonal skills

Communication skills

Teamwork

Education

Degree in Actuarial Science

Mathematics

Tools

Microsoft Excel

VBA

SAS

SQL

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 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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