Senior Actuarial Manager, Atlantic Auto Street Pricing

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

Job summary

A global insurance company is seeking an experienced leader for their actuarial pricing strategy in Markham. This role includes managing a team and influencing business decisions in personal insurance auto. Ideal candidates have strong leadership skills, a bachelor's in a relevant field, and over 5 years of pricing experience. Join a workplace that offers a compelling rewards package and encourages professional development.

Benefits

Base compensation

Annual bonus eligibility

Health benefits

Competitive vacation package

Hybrid flexible work model

Qualifications

• 5+ years of personal insurance pricing experience or 7+ years of P&C actuarial experience.
• Proven ability to manage and complete projects with the facility to multitask and prioritize.
• Strong verbal and written communication skills to explain technical concepts.

Responsibilities

• Lead the actuarial pricing strategy for the Atlantic personal insurance auto portfolio.
• Accountable for the overall performance of the Actuarial Street Pricing team.
• Lead the filing process in the Atlantic jurisdictions.

Skills

Leadership skills

Analytical skills

Problem-solving

Negotiation skills

Communication

Education

Bachelor’s degree in actuarial science, Math, Statistics

FCAS/FCIA

Tools

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.

Reporting to the VP, you will lead the actuarial pricing strategy and initiatives for our Atlantic personal insurance auto portfolio. Beyond pricing, you’ll bring a deep understanding of business needs and regulatory requirements. You’ll provide actuarial expertise in product design, corporate planning, and underwriting/segmentation analysis, while partnering across functions to develop aligned, data-driven pricing solutions to meet strategic goals. You will lead an actuarial team to drive innovation in pricing methods and ensure smooth implementation of rating plans and algorithm changes. Your insights will influence key decisions as you help shape our strategy in a fast-paced, evolving environment.

Come join our team!

What you’ll do:

• Accountable for the overall performance and people management of an Actuarial Street Pricing team.

• Directly responsible for actuarial methods and assumptions used as well as the overall pricing of Atlantic auto personal insurance.

• Lead and support rate reviews for personal insurance auto products. Proactively monitor trends, mix of business, and changes in operational practices that affect personal insurance performance. Effectively communicate the results of the rate reviews to all collaborators and get consensus on rate proposals.

• Lead the filing process in the Atlantic jurisdictions and be the signing actuary following the regulatory requirements as outlined.

• Improve effectiveness and accuracy in existing processes and procedures. Be forward-thinking and adapt models and techniques to business, product and data structure changes.

• Collaborate with other regional leads as part of the Auto Street Pricing Leadership team to ensure that decisions fit within the overall pricing strategy.

• Coach junior staff members to develop their technical and personal skills. Act as a role model for the Aviva values and inspire others to follow them.

• Obtain a deep understanding of your assigned book of business in particular, and the Canadian business in general, to explain the key factors underlying the emerging experience and to provide strategic insights to collaborators

What you'll bring:

• Bachelor’s degree in actuarial science, Math, Statistics, or other related subjects.

• Minimum FCAS/FCIA.

• 5+ years of personal insurance pricing experience or 7+ years of P&C actuarial experience.

• Strong leadership skills and the ability to mentor and develop a team.

• Proven ability to manage and complete projects with facility to multitask and prioritize.

• Strong problem-solving and outstanding analytical skills with an insatiable desire to probe, question, validate and challenge to ensure accurate and insightful analysis.

• Entrepreneurial and motivated spirit, with the ability to understand business requirements and turn them into actuarial analysis (and vice-versa).

• Effective negotiation skills with the ability to build consensus and influence effectively.

• Excellent working knowledge of regulatory filings

• Solid verbal and written communication skills with the ability to explain technical concepts to a nontechnical audience.

• Hands-on as well as managerial experience in scripting/coding, including Python.

• Previous management and leadership experience an asset

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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