Job title: Actuarial Analyst
Company: Aviva
Job description: Are you passionate about data and not afraid of searching for a needle in a stack of hay? Does developing pricing techniques give you goosebumps? Do you get excited when discovering a new piece of data that could potentially drive better business results or make customers happy? Can you create Harry Potter like magic with Excel, Python or SAS?
When you join our diverse community of best-in-class talent, you’ll be gaining an unrivalled opportunity to spearhead product innovation and development, harness the latest cutting-edge technologies, and launch breakthroughs. And do it all faster and smarter as we combine data science and actuarial expertise to revolutionize how we approach pricing and deliver the best outcome for our customers and strategy.
We have a number of opportunities available, supporting different regions, so if you’re ready to help us redesign the way we do business, we want to hear from you!
What you’ll do:
Develop and maintain best in class costing models such as rate indications, loss cost models and other pricing frameworks
Be accountable for embedding best practice pricing methodologies leveraging techniques used in other jurisdictions within the Canadian environment
Work closely with Corporate Actuarial, Claims, Finance Analytics, Underwriting and Government Relations to develop a deep understanding of Aviva’s personal insurance business and reflect key data and emerging trends into our pricing models
Support Leader of Technical Pricing and Personal Insurance Leadership team in providing actuarial input into the company’s annual business plan
Provide support to regional pricing teams during the rate filing process and in communications with regulators to influence outcomes, while assessing the impact of business decisions including rate or underwriting changes on expected future profitability within various regions/channels
Develop actuarial pricing techniques, interpersonal skills and leadership skills through analyzing the profitability of the Aviva business by region/channel and forecasting anticipated changes to profitability by region/channel
What you’ll bring
Bachelor degree in Actuarial Science, Math or Statistics or other related subjects
Minimum of 2 CAS exams
Minimum 1 year of P&C work experience
Focus on enhancing the customer experience
Actuarial curiosity to learn and explore new solutions
Strong mathematical and statistical background
Strong problem solving and analytical skills
Proficiency in programming
Experience with Python, MS Access, SAS and VBA is an asset
What you’ll get
An open mind for new ideas and methodologies – you will develop predictive models for in depth analyses and improve current model/process. You will collaborate with Business Development partners on broker initiatives
A great team and collaborative work environment – You will collate all the analysis from the various centers of excellence to determine pricing proposals for rate changes. The team will work closely with the business and other Teams in Personal Insurance to deliver each region/channel’s mandate.
Advanced pricing and collaboration tools – You will research and apply both traditional and innovative ways to apply accepted actuarial techniques to business issues. You will develop actuarial pricing techniques that support the regions and provide pricing support for our personal insurance products
A culture of personal and professional development – You will prepare and support regulatory rate filings and document actuarial pricing process and models.
In addition, we offer:
Robust Actuarial Student Program to provide support and opportunities for actuarial students to become fully qualified actuaries and future leaders.
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 + the opportunity to buy an extra week.
Exceptional Career Development opportunities.
Flexible/Hybrid work arrangements.
Additional Information
Aviva Canada is committed to providing accommodations for people with disabilities during all phases of the hiring process including the application process. If you require an accommodation because of a disability, we will work with you to meet your needs. Applicants need to make their needs known in advance. If you are selected for an interview and require an accommodation, you are encouraged to advise the Talent Acquisition Partner who will consult with you to determine an appropriate accommodation.
Expected salary:
Location: Markham, ON
Job date: Wed, 17 May 2023 02:11:57 GMT
