Actuarial Team Lead

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.

Our Global Corporate and Specialty (GCS) division is a general insurance (GI) business that provides insurance solutions for large corporate and specialty products for commercial entities. Its core product lines are Property, Casualty, Auto, Surety, and Equipment Breakdown (EBI).

This opportunity is for an Actuarial Team Lead focused on our GCS Operations, located in downtown Toronto. You will be part of a team that supports the existing portfolio of corporate risks, programs, and MGAs. You will lead pricing initiatives in conjunction with other supporting resources such as Data Science and Underwriting teams to drive profitable growth for GCS products. Additionally, you will ensure your various stakeholders have timely and accurate information to enhance business insight and decision-making. As a Team Lead, you will provide leadership, lead projects, and present to internal clients. By finding solutions to challenging problems and presenting to senior management, you will have plentiful opportunities to take your skills to the next level.

Come join our team!

What you'll do:

• Lead pricing initiatives and formulate pricing proposals to achieve rate adequacy and align with business strategic initiatives.

• Develop pricing tools that are actuarially sound and feature new technologies with an approach to improve efficiency.

• Develop rating algorithms applying the latest predictive modeling techniques to deliver rating structures that reflect emerging trends, underwriting insights, and data constraints.

• Lead discussions with actuarial recommendations on various pricing initiatives, and proactively identify gaps and opportunities in existing proposals as well as future projects to suggest actions for remediation.

• Analyze the business impact of pricing initiatives. Prepare and lead presentations to enable understanding of current and future GCS portfolios.

• Build strong relationships with all key partners at head office and GCS. Identify the needs of our partners and tailor solutions that serve their needs.

What you'll bring:

• Minimum 4 years of P&C experience; Commercial pricing experience preferred.

• Pursuing ACAS/FCAS designation.

• Experience in working with or understanding pricing models.

• Strong problem-solving and excellent data analytical skills (SAS, R, Python, etc.).

• Stay current with industry developments and emerging trends, eager to learn.

• Resourceful and able to work highly independently.

• Strong problem-solving and analytical skills.

• Ability to communicate well and present ideas/decisions clearly to technical and non-technical audiences.

What you’ll get:

• The salary band for this position ranges from $71,300 to $132,300. 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.

• Exceptional career development opportunities.

• Support for 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.

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 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 accommodation, you are encouraged to advise the Talent Acquisition Partner, who will consult with you to determine an appropriate accommodation.