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. The role of the Actuarial Analyst/Senior Actuarial Analyst is to support actuarial pricing transformation initiatives and work collaboratively with all stakeholders to drive profitable growth for commercial insurance. Working with a solid actuarial team, this individual will use predictive analytics and pricing expertise to review pricing structures, implement changes to ratings, execute segmentation strategies, and develop strong relationships to achieve those goals. This Actuarial Analyst/Senior Actuarial Analyst will act as a trusted partner to the business stakeholders to design pricing solutions by collaborating across multiple business functions and lead discussions with different stakeholders to ensure business objectives are aligned. Come join our team! What you’ll do: Support Pricing Transformation initiatives across commercial insurance (Aviva Business & GCS) aligning with overarching CI strategies. Objectives include profitable growth, shifting the mix of business, embedding risk-selection criteria into pricing, and enabling frontline underwriters with state-of-the-art pricing tools and fit-for-purpose design. Support rate reviews for commercial products. Proactively monitor trends, mix of business, and changes in operational practices that affect commercial insurance performance. Effectively communicate the results of the rate reviews to all stakeholders and get buy-in from stakeholders on rate proposals. Help to identify key milestones for projects and accurately forecast the time required to reach those milestones. Build and review predictive models in partnership with Data Science to enhance the accuracy of the pricing algorithms. Drive a balanced approach between technical considerations and business objectives to ensure maximum impact. Be able to demonstrate the value of predictive analytics to non-actuaries. Build strong relationships with key stakeholders at the head office and the field. Identify the needs of our partners and tailor solutions that serve their needs and maximize value for commercial insurance. Build regular monitoring processes. Seek improvement in existing processes and procedures to improve effectiveness and accuracy. Be forward-thinking and adapt models and techniques to changes in business requirements, product, and data structure. Coach junior staff and act as a technical expert and mentor for analysts. Be actively involved in the actuarial community at Aviva. What you’ll bring: Bachelor's degree in Actuarial Science, Math, or Statistics, or other related subjects Minimum of 3 years of P&C work experience, preferably in pricing. Minimum of 3 to 5 CAS exams Actuarial curiosity to learn and explore new solutions Strong teammate who is also able to work independently. Strong problem-solving and analytical skills Strong technical skills in pricing and predictive analytics. Attention to detail. Ability to challenge the status quo and to influence. Strong communication skills. Ability to articulate the choice of methodology and the implications of different decisions to non-technical stakeholders. 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 an existing 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. 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. 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.
