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Aviva plc

Senior Actuarial Analyst, Reserving

Posted One Month Ago
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Hybrid
Markham, ON, CAN
Senior level
Hybrid
Markham, ON, CAN
Senior level
Analyze claim reserve adequacy using actuarial methods and advanced machine learning models in Python. Support quarterly reserve committee and year-end valuation reporting, maintain internal and external monitoring reports, and provide financial performance insights from a reserving perspective. Partner with cross-functional teams to assess portfolio impacts and improve processes. The role requires actuarial exam progression, strong analytical and communication skills, and proficiency in Excel and VBA.
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Experience Aviva

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.  

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

Aviva Canada is seeking a Senior Actuarial Analyst to join our Reserving team within the Corporate Actuarial department. This role offers the opportunity to work in a collaborative, dynamic environment with exposure across multiple actuarial disciplines.

In this position, you will contribute to critical reserving analysis while developing your technical capabilities. You will work closely with partners across the business and gain insight into how actuarial reserving supports financial performance and strategic decision making.

Come join our team!

What you'll do:
  • Analyze the adequacy of claim reserve levels using both standard actuarial methods and advanced reserving models including machine learning techniques using Python.

  • Support the Quarterly Reserve Committee and Year-end Valuation reports.

  • Maintain monitoring reports for both internal and external reporting.

  • Provide insights into the company’s financial performance from a reserving perspective.

  • Partner with teams across the organization to understand reserving impacts on portfolio performance.

  • Identify and implement opportunities to improve efficiency in current processes.

What you'll bring:
  • Degree in Actuarial Science, Mathematics, or related field.

  • Actively pursuing actuarial exams.

  • Strong analytical and problem-solving skills, with the ability to translate data into insights.

  • The ability to work collaboratively while also managing independent deliverables.

  • Clear communication skills and the ability to build effective working relationships across teams.

  • Strong technical skills with Microsoft Excel and VBA.

What makes you stand out:
  • Previous experience in P&C insurance companies is an asset.

  • Experience with SAS, SQL, R and Python.

What you'll get:
  • The salary band for this position ranges from $90,000 to $125,000. 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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