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Aviva plc

Actuarial Team Lead, Personal Pricing

Posted 24 Days Ago
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Hybrid
Markham, ON, CAN
Mid level
Hybrid
Markham, ON, CAN
Mid level
Lead the development, monitoring, and enhancement of personal insurance pricing and ratemaking models. Analyze portfolio performance, market trends, and competitive dynamics to recommend pricing actions. Support regulatory rate filings, manage pricing projects, collaborate with cross-functional partners, and mentor actuarial analysts. Apply traditional actuarial and advanced analytical techniques to improve profitability, growth, customer retention, and pricing effectiveness.
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Experience Aviva

Together, we are Aviva. Our values — Care, Commitment, Community, and Confidence — guide how we show up for each other and for our customers. Individually, they’re words. Together, they define who we are.

At Aviva Canada, we put people first, our employees, our customers, and our communities. We’re proud of a culture built on care, inclusion, and collaboration, where your voice matters and your growth is supported. We’re not just about insurance; we’re about making a real difference by protecting what matters most.

The Opportunity

At Aviva, we offer a multifaceted and inclusive work environment where you will have the chance to lead a team of hard-working individuals and drive critical initiatives. You will harness powerful technologies and develop innovative pricing techniques that propel our business forward, all while focusing on delivering the best outcomes for our customers. You will be part of a versatile team that values collaboration, creativity, and a relentless pursuit of excellence.

Come join our team!

What you’ll do:
  • Lead the development, enhancement, and monitoring of pricing and ratemaking models, methodologies, and processes.

  • Analyze portfolio performance, emerging experience, market trends, and competitive dynamics to identify opportunities and recommend pricing actions.

  • Develop actuarially sound rate indications and ratemaking proposals to support profitability, growth, and customer retention objectives.

  • Collaborate with Product, Underwriting, Distribution, Claims, and Business Development partners on strategic pricing and broker initiatives.

  • Consolidate insights from actuarial, analytics, and other centers of excellence to formulate pricing recommendations and business decisions.

  • Research and apply traditional actuarial techniques as well as advanced analytical methods to solve business challenges and enhance pricing effectiveness.

  • Prepare and support regulatory rate filings and document actuarial pricing processes, methodologies, and models.

  • Manage pricing and ratemaking projects, overseeing technical design, scope, timelines, implementation, and stakeholder communications.

  • Coach junior staff and act as a technical expert and mentor for senior and junior analysts.

What you’ll bring:
  • Bachelor’s degree in actuarial science, Math or Statistics or other related subjects.

  • Working towards ACAS/FCAS designation.

  • Minimum 4 years of P&C work experience, including 2 years of experience as a Senior Analyst is preferred.

  • 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.

What makes you stand out:
  • Experience with Python, MS Access, SAS and VBA.

What you’ll get:
  • The salary band for this position ranges from $105,000 to $134,000. Please note that individual salary is determined by factors such as job-related knowledge, skills and experience, as well as internal equity.

  • Compelling rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities. 

  • Hybrid flexible work model.

  • 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.  

  • Employee discount on home and auto insurance (where applicable).

This job advertisement is for an existing vacancy which has been posted both internally & externally.

Aviva Canada may use AI (Artificial Intelligence) tools to assist us throughout the recruitment process to screen, assess or select applicants for a position.

Aviva Canada welcomes applications from all qualified individuals and has a process in place to provide accommodations for persons with disabilities at all stages of the hiring process and during employment. If you require an accommodation during the interview or hiring process, please contact your Aviva Talent Acquisition Partner so that an appropriate accommodation can be arranged.

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Canada

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