Actuarial Analyst, Commercial Insurance

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.

Our team is growing, and we are seeking top actuarial talent to join our dynamic and high-performing team. We are looking for an Actuarial Analyst. 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 of the commercial insurance business.

• 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.

• Bachelor’s degree in actuarial science or a related field; equivalent experience will also be considered.
• Minimum 1 year of P&C actuarial experience (including internships).
• Passed at least 2 SOA/CAS exams.
• Strong mathematical and statistical background.
• Strong problem solving and analytical skills.
• Ability to effectively and clearly communicate ideas and decisions.

• Proficiency in programming; experiences in SAS and VBA.

• 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.

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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