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Added 14 mins ago
Medical Lab Technologist
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Internship
…healthcare centres in the world. As innovators in child health, we lead and partner to improve the health of children through the integration of healthcare, leading-edge research and…
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Full-time
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Aviva Canada

Actuarial Team Lead, Corporate Actuarial

Markham, ON, Canada

Pay: The salary band for this position ranges from $105,00 to $134,000.
Job type: Full-time
Apply by: Oct 22, 2026
Posting language: English
Posted: Sep 22, 2026

Apply About employer

Applications open in a new tab.

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 seek an upbeat and experienced Actuarial Team Lead to join our Corporate Actuarial Department.

Within the Actuarial Function of Corporate Actuarial, you will take on a meaningful role supporting the Chief Actuary's responsibilities under the Solvency UK framework. Your tasks include contributing to the supervision of the Internal Model and helping develop opinions shared with the Board on underwriting and the Business Plan. By working directly with actuarial, risk, finance, and pricing teams across locations, you will gain important insight into diverse business operations. This position involves frequent engagement with senior collaborators and presents an outstanding opportunity to deepen your understanding of the organization’s risk and capital management approach.

Come join our team!

What You’ll Do

Support the ongoing assessment of methods and assumptions applied in risk calibrations and Solvency UK capital requirement calculations. Collaborate closely with the Economic Capital team and Aviva Group teams. This involves reviewing, questioning, and validating prorposed changesand confirming that current approaches remain suitable. These relate to Solvency UK Economic Capital methods, models, processes, calibrations, and capital result production.

Ensure governance requirements are met by:

Supporting the assessment of the sufficiency and quality of data used in risk calibrations and the calculation of Solvency UK capital requirements.
Working closely with the Economic Capital team to identify, evaluate, and address model weaknesses and limitations.
Managing the weaknesses and limitations log, as well as the inventory of supporting evidence, with support from GI Global Actuarial Solutions.
Provide support to the Chief Actuary in forming opinions about the Solvency UK Capital Requirement, Business Plan, and Underwriting through collaboration with Pricing, Reserving, Reinsurance, Risk, and Finance teams. Conduct reviews and analyses to reinforce these views on topics such as the effectiveness of Aviva’s ON RSP use, exposure management practices, and pricing strategies for new product launches.
Support the Model Risk Management Business Standard and Model Risk Independent Validation Business Standard by reviewing material models as needed. Create documentation that follows the required standards and governance.
Perform Internal Model Independent Validation of Internal Model if needed and appropriate.

What You’ll Bring

Diploma or degree in Actuarial Science, Data Analytics, Mathematics, Economics, Finance, or a related field, or an equivalent combination of education and experience.
Minimum 3 to 5 CAS exams or equivalent.
3+ years of actuarial experience within the property and casualty insurance industry or financial services sector, in one or more of the following areas: reserving, capital modeling, Solvency II/Solvency UK, or pricing. Knowledge of IFRS 17 and Solvency II/Solvency UK is an asset.
Familiarity with regulatory requirements and governance frameworks.
Strong analytical and problem-solving abilities, capable of evaluating technical details while grasping wider business impacts.
Excellent communication and relationship-building skills, with the ability to work effectively across departments and engage stakeholders at various levels.
Able to work both collaboratively within a team and independently with minimal supervision.

What Makes You Stand Out

Familiarity with R, Python, and VBA.

What You’ll Get

The salary band for this position ranges from $105,00 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.

Apply About employer

More about this job

Responsibilities

The Actuarial Team Lead will support the Chief Actuary in Solvency UK capital requirement calculations and risk calibration assessments. They will also collaborate with cross-functional teams to provide insights on business plans, underwriting, and model governance.

Requirements

Candidates must have a degree in a quantitative field and at least 3 years of actuarial experience in property and casualty insurance or financial services. Proficiency in regulatory frameworks like Solvency II/UK and technical skills in modeling are highly valued.

Skills

Actuarial science
Capital modeling
Reserving
Solvency UK
Solvency II
IFRS 17
Risk calibration
Data analysis
Pricing
Underwriting
Governance
Relationship building
Analytical skills
R
Python
VBA

Benefits

Annual bonus
Retirement savings
Share plan
Health benefits
Personal wellness
Volunteer opportunities
Flexible work model
Career development
Professional development education
Vacation package
Corporate wellness programs
Employee discount on home and auto insurance

Visa sponsorship

Not detected in the job text

Keywords

Actuarial Science
Corporate Actuarial
Solvency UK
Solvency II
IFRS 17
Capital Modeling
Risk Calibration
Internal Model
Underwriting
Business Plan
Reserving
Pricing
Reinsurance
Data Analytics
Mathematics
Economics
Finance
Property and Casualty Insurance
Model Risk Management
Governance
R
Python
VBA
Stakeholder Engagement
Exposure Management

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