Senior Actuarial Analyst, Commercial Pricing

Posted 3 Days Ago
Be an Early Applicant
Markham, ON, CAN
In-Office
90K-110K Annually
Senior level
Insurance • Financial Services
The Role
Lead commercial P&C pricing and predictive analytics efforts: maintain and enhance SAS-based pricing tools, collaborate with Data Science and underwriting to develop and validate models, deliver data-driven pricing recommendations, support small business pricing, mentor junior analysts, and drive process improvements and automation.
Summary Generated by Built In
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 a talented and motivated actuarial professional to join our dynamic, high-performing Commercial P&C Pricing team.

The Commercial P&C Pricing team plays a critical role in driving the profitability and growth of Aviva’s Commercial insurance portfolio. Through advanced actuarial analysis, predictive modeling, and data-driven insights, we support strategic pricing decisions across a diverse range of Property and Casualty products. Our work directly influences business performance and helps shape the future of Commercial insurance at Aviva.

As a Senior Actuarial Analyst, you will contribute to key pricing initiatives while partnering closely with business stakeholders, Data Science, and underwriting teams to deliver impactful solutions.

What you’ll do:
  • Build strong relationships with key stakeholders across Head Office and the field. Understand stakeholder needs and develop tailored analytical solutions that maximize business value.

  • Maintain and enhance SAS-based pricing processes and tools. Drive process improvements and automation opportunities to improve efficiency and analytical capability.

  • Coach and mentor junior analysts and co-op students

  • Contribute actively to Aviva’s actuarial community

Pricing & Portfolio Management: Lead and support rate reviews across a variety of commercial products, coverages, and market segments.

  • Develop clear, data-driven pricing recommendations and effectively communicate insights to stakeholders to gain alignment and support for proposed actions.

Predictive Analytics & Model Development: Collaborate with Data Science teams to develop, enhance, and validate predictive models that improve pricing accuracy and effectiveness.

  • Balance technical rigor with business objectives to ensure practical, high-impact solutions.

  • Translate complex analytical concepts into clear business insights for both technical and non-technical audiences.

Small Business Pricing: Support the growth and profitability of Aviva's Small Business portfolio, including pricing initiatives within Ally.

  • Identify opportunities to improve pricing sophistication and portfolio performance.

What you’ll bring:
  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, Data Science, or a related quantitative discipline. Equivalent experience will also be considered.

  • Minimum 3 years of P&C actuarial experience, preferably in pricing.

  • Completion of at least 3 SOA or CAS exams, with continued progress toward designation.

  • Strong analytical, problem-solving, and critical-thinking skills.

  • Ability to communicate technical findings and recommendations effectively to both technical and non-technical audiences.

  • Proficiency in programming and data analysis; experience with SAS is required, while VBA, Python, R, or other analytical tools are considered assets.

  • Proven ability to manage multiple priorities and deliver high-quality work in a collaborative environment.

What you’ll get:
  • The salary band for this position ranges from $90,000 to $110,000. 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.

#LI-MH1

#LI-Hybrid

Skills Required

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, Data Science, or a related quantitative discipline (or equivalent experience).
  • Minimum 3 years of P&C actuarial experience, preferably in pricing.
  • Completion of at least 3 SOA or CAS exams with continued progress toward designation.
  • Proficiency in programming and data analysis with required experience in SAS.
  • Experience with VBA, Python, or R (considered assets).
  • Strong analytical, problem-solving, and critical-thinking skills.
  • Ability to communicate technical findings and recommendations to technical and non-technical audiences.
  • Proven ability to manage multiple priorities and deliver high-quality work in a collaborative environment.
  • Experience coaching or mentoring junior analysts or co-op students.
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The Company
HQ: London
36,000 Employees
Year Founded: 1696

What We Do

Aviva is a multinational insurance and financial services company, offering a diversified range of products including insurance, wealth management, and retirement solutions. It is the UK's leading diversified insurer.

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