Actuarial Manager, Large Accounts Pricing
- Toronto, ON, Canada
The salary band for this position ranges from $135,000 to $160,000. · Full-time
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Job details
- Pay
- The salary band for this position ranges from $135,000 to $160,000.
- Job type
- Full-time
- Apply by
- Experience
- 5+ years of P&C actuarial experience, 3+ years of commercial pricing experience
- Posting language
- English
- Posted
Original job description
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
We are seeking an Actuarial Manager to join our dynamic and high performing Large Accounts Pricing team. The Large Accounts Pricing team is responsible for supporting the pricing and profitability of commercial accounts with premium above $2M at Aviva, as well as accounts involving complex or unique structures. As part of the team, you will be responsible for providing actuarial analysis on Property, Casualty and Auto products and collaborating with underwriters and the leadership in these areas. The team plays a key role in supporting the financial goals of the commercial insurance business.
While the role will not officially have direct reports, you will have accountability for the overall performance and development of actuarial analysts and to foster a positive and dynamic work environment that values people and achieves outperforming results.
What You’ll Do
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.
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
We are seeking an Actuarial Manager to join our dynamic and high performing Large Accounts Pricing team. The Large Accounts Pricing team is responsible for supporting the pricing and profitability of commercial accounts with premium above $2M at Aviva, as well as accounts involving complex or unique structures. As part of the team, you will be responsible for providing actuarial analysis on Property, Casualty and Auto products and collaborating with underwriters and the leadership in these areas. The team plays a key role in supporting the financial goals of the commercial insurance business.
While the role will not officially have direct reports, you will have accountability for the overall performance and development of actuarial analysts and to foster a positive and dynamic work environment that values people and achieves outperforming results.
What You’ll Do
- Lead indication analysis to ensure rate adequacy of individual accounts, and pricing reviews of high value complex portfolios and provide rate recommendations
- Develop alternative pricing solutions based on the unique characteristics of the large accounts; evaluate and quantify credit risk for accounts with large retentions
- Effectively collaborate and communicate across the business with senior management, underwriters, and brokers to deliver impactful pricing solutions
- Develop and execute roadmap for continuous improvement to improve sophistication, efficiency, and analytical capabilities
- Drive portfolio monitoring to deliver pricing insights and understanding of portfolio performance
- Coach and mentor senior and junior analysts and co-op students. Act as a role model for Aviva values and inspire others to follow them.
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, Data Science, or a related quantitative discipline. Equivalent experience will also be considered.
- Minimum ACAS/ACIA, FCAS/FCIA is preferred.
- 5+ years of P&C actuarial experience, 3+ years of commercial pricing experience
- Strong analytical, problem-solving, and critical-thinking skills
- Exceptional communicator with ability to effectively communicate analytical findings and recommendations to both technical and non-technical audiences
- Proven ability to manage and complete multiple projects with facility to multi-task and prioritize.
- Strong technical capabilities; experience with SAS, VBA, Python, R, or other analytical tools.
- The salary band for this position ranges from $135,000 to $160,000. 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).
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.
More about this job
Responsibilities
Lead pricing and rate adequacy analyses for large, complex commercial accounts, develop tailored pricing solutions, and assess credit risk for accounts with large retentions. Monitor portfolio performance, improve analytical processes, communicate recommendations to business stakeholders, and coach and mentor analysts and co-op students.
Requirements
A bachelor's degree in actuarial science or a related quantitative discipline, or equivalent experience, is required; a minimum ACAS/ACIA designation is expected, with FCAS/FCIA preferred. Candidates should have at least five years of P&C actuarial experience, including three years in commercial pricing, along with strong analytical, communication, project management, and prioritization skills.
Skills
- Actuarial Analysis
- Commercial Pricing
- Rate Adequacy Analysis
- Portfolio Pricing
- Credit Risk Evaluation
- Portfolio Monitoring
- Pricing Recommendations
- Analytical Problem-Solving
- Critical Thinking
- Stakeholder Communication
- Project Management
- Prioritization
- Coaching and Mentoring
- SAS
- VBA
- Python
Benefits
- Annual Bonus Eligibility
- Retirement Savings
- Share Plan
- Health Benefits
- Personal Wellness
- Volunteer Opportunities
- Hybrid Flexible Work Model
- Career Development Opportunities
- Professional Development Education Support
- Vacation Package
- Option to Purchase Five Extra Days Off
- Diversity and Inclusion Programs
- Corporate Wellness Programs
- Employee Discount on Home and Auto Insurance
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Management & Leadership
- Data & Analytics
- Sales
Keywords
- Actuarial Science
- Property and Casualty Insurance
- Commercial Insurance
- Large Accounts Pricing
- Commercial Pricing
- Property
- Casualty
- Auto
- Rate Adequacy
- Indication Analysis
- Pricing Reviews
- Pricing Recommendations
- Credit Risk
- Large Retentions
- Portfolio Monitoring
- Portfolio Performance
- Continuous Improvement
- Analytical Capabilities
- ACAS
- ACIA
- FCAS
- FCIA
- SAS
- VBA
- Python
- R
- Underwriting
- Broker Collaboration
- Actuarial Analysts
- Coaching and Mentoring