Senior Actuarial Analyst

Aviva plc; Markham; On-site; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a dedicated Senior Actuarial Analyst to join its Reserving team. This role offers an opportunity to engage deeply with insurance financials and claims operations while developing critical technical skills in handling large datasets. You'll be responsible for analyzing reserve levels and providing insights into financial performance, all while fostering strong relationships across departments. If you are passionate about actuarial science and eager to make a significant impact, this position could be your next career move.

Qualifications

• Degree in Actuarial Science, Mathematics, or equivalent experience.
• Actively pursuing actuarial exams.

Responsibilities

• Support operation and development of claims and policy data for Reserving models.
• Analyze adequacy of claim reserve levels using actuarial techniques.

Skills

Analytical Skills

Problem-Solving Skills

Interpersonal Skills

Communication Skills

Technical Knowledge (MS Excel)

Technical Knowledge (SAS)

R Programming

Python Programming

Education

Degree in Actuarial Science or Mathematics

Tools

MS Excel

SAS

R

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 looking for a hardworking individual interested in joining the Reserving team within the Corporate Actuarial family. This role is open for Senior Actuarial Analyst and Actuarial Team Lead depending on the individual’s qualifications and experience.

Reserving is a trusted and highly valued function, with significant insight and influence on Aviva’s financial performance. In addition to building core reserving knowledge, team members benefit from significant interaction and exposure to insurance financials, claims operations, and actuarial pricing. Other development opportunities specific to the role include technical skills in working with large datasets, claims knowledge, reinsurance knowledge, and product knowledge with a focus on commercial lines.

What you'll do:

• Support the operation and development of claims and policy data used by Reserving models
• Analyze the adequacy of the company's claim reserve levels by applying standard actuarial techniques on core commercial business and ad hoc solutions for specialty commercial business
• Support the Quarterly Reserving Committee and Year-end Valuation reports
• Maintain monitoring reports for both internal and external reporting
• Provide insights regarding the company’s financial performance from a reserving point of view
• Build a close relationship with company-wide partners and connect with the business partners in understanding the reserve impact on their respective portfolio
• Develop refinements to current data processes to improve efficiency

What you'll bring:

• Actuarial science, mathematics, or related field degree or equivalent experience
• Actively pursuing actuarial exams
• Strong analytical and problem-solving skills
• Standout colleague who is also able to work independently
• Excellent interpersonal and communication skills - ability to build and maintain good working partnerships with various departments
• Strong analytic and problem-solving skills with the ability to work through the technical implementation details while appreciating the big picture
• Strong technical knowledge with MS Excel and SAS
• Experience with R and Python is an asset

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.

About Us

We help our 19.5 million customers to save for the 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.

We’re passionate about helping our 23,000 people to do the best work of their lives, enabling them to make a positive difference to the lives of our customers.