Aviva

Actuarial Analyst, Commercial Auto Pricing

Aviva$70K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field; equivalent experience considered.
  • 1+ years of property & casualty actuarial experience, including internships or co-op placements.
  • Completed 2 SOA/CAS exams.
  • Strong foundation in mathematics, statistics, and data analysis.
  • Proven ability to analyze complex problems and recommend solutions.
  • Clear and concise communication skills for diverse audiences.
  • Programming proficiency (e.g., SAS, VBA, or similar tools).

Responsibilities

  • Maintain and enhance the commercial insurance segmentation strategy and algorithms.
  • Conduct pricing reviews and analyze business impact of pricing changes.
  • Monitor performance of the commercial portfolio and recommend actions to achieve profitability.
  • Maintain and improve actuarial databases/SAS programs and identify data issues.
  • Support technical development of Excel rating tools for the business.
  • Communicate analytical results to both technical and non-technical audiences.

Benefits

  • Compelling rewards package including base compensation, eligibility for annual bonus and retirement savings.
  • Hybrid flexible work model.
  • Outstanding career development opportunities.
  • Support for professional development education.
  • Competitive vacation package with the option to purchase additional days off.
  • Employee-driven programs focused on diversity and inclusion.
  • Corporate wellness programs to support physical and mental health.
Full Job Description
The Opportunity

Our team is growing, and we are seeking an Actuarial Analyst to join our dynamic and impactful Commercial Auto team.

As part of the team, you will be responsible for supporting the pricing and profitability of commercial business underwritten by Aviva Canada. We do so by providing actuarial analysis on Commercial Auto products and collaborating with underwriters and the leadership in these areas. Senior management helps to establish appropriate renewal strategies. The team plays a key role in supporting the financial goals related to the commercial insurance operations.

What you’ll do:
  • Maintain and enhance the commercial insurance segmentation strategy and algorithms. Support the alignment of technical considerations with business objectives to help drive meaningful outcomes.

  • Conduct pricing reviews of various coverages and segments of the commercial business, including reviewing the rating algorithms and rate adequacy, analyzing the business impact of the pricing changes, communicating the analytical results to the stakeholders, reaching an agreement on the rate actions and preparing the rate filings to the provincial regulators.

  • Monitor the performance of the commercial portfolio and on various business initiatives, to identify key trends and recommend actions to the senior management and to the business to achieve profitability and growth targets.

  • Maintain and improve actuarial databases/SAS programs. Identify data issues and create actions to remedy them.

  • Support technical development required to build and maintain Excel rating tools for the business.

  • Communicate analytical results to both technical and non-technical audiences

What you’ll bring:
  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field; equivalent experience will also be considered.

  • 1+ years of property & casualty actuarial experience, including internships or co-op placements.

  • 2 SOA/CAS exams.

  • Strong foundation in mathematics, statistics, and data analysis.

  • Proven ability to analyze complex problems, draw insights, and recommend solutions.

  • Clear and concise communication skills, with the ability to explain technical concepts to diverse audiences.

  • Programming proficiency (e.g., SAS, VBA, or similar tools).

What you’ll get:
  • The salary band for this position ranges from $70,000 to $95,000. 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. 

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.

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About Aviva

Natural health retailer and resource. Aviva promotes a holistic approach to your health and well-being through proper nutrition and a healthy, natural lifestyle. Aviva operates a retail store in Winnipeg, MB Canada and serves customers across Canada and around the world through www.avivahealth.com. Everything for healthy living.

Aviva Careers

Joining Aviva presents a prime opportunity to be part of a team that values leadership, innovation, and diversity in the workplace. Aviva, a leading insurance and financial services company, offers a variety of job opportunities that cater to a range of skills and professional interests, making it an ideal place for career growth and development.

Explore Job Opportunities

Aviva is actively hiring and continuously seeks passionate, creative, and solution-driven team players. Search open positions that match individual skills and interests in areas ranging from finance to technology. Each position at Aviva offers the chance to work with a global team that drives industry-leading solutions.

Experience Professional Growth

Aviva is committed to the professional growth of its employees. The company offers unmatched training, development, and certification support, allowing every team member to reach their full potential. Leadership and diversity training are integral parts of Aviva's commitment to fostering an inclusive environment.

Internship Programs

Start a career at Aviva with an internship that offers real-world experience and networking opportunities. Aviva's internships provide a robust platform for learning and applying practical skills in a dynamic setting, preparing interns for full-time positions within the company.

Benefits and Culture

Aviva is renowned for its employee benefits and positive company culture. The company prioritizes the well-being and satisfaction of its team, offering comprehensive benefits that enhance both personal and professional life. Aviva's culture is built on a foundation of respect for diversity and an ongoing commitment to inclusion.

Innovation and Networking

At Aviva, innovation is at the core of all operations. Employees are encouraged to lead transformation projects and introduce new strategies that drive growth and efficiency. Networking within Aviva provides connections to industry leaders and peers who are equally eager to share insights and collaborate on projects.

Career Advancement

Aviva believes in nurturing talent and providing employees with opportunities for advancement. Whether through promotions, cross-departmental moves, or leadership roles, team members have numerous paths to elevate their careers.

Join the Aviva Team

Interested candidates are encouraged to apply. Prepare a resume, practice for the interview, and explore the exciting employment and career opportunities at Aviva. Personalize job alerts to stay informed about the latest news and positions that align with career preferences and skills.

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Learn more about Aviva
Size
28,596 employees
Industry
NASDAQ

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