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Manager, Actuarial - Markham, ON, Canada - Aviva
Description
Individually these are just words, but together they are our Values – Care, Commitment, Community, and Confidence.We seek an upbeat and experienced Actuarial Manager in our Corporate Actuarial Department.
Being part of the Actuarial Function, Corporate Actuarial, you will assist in supporting the Chief Actuary to fulfill the SII regulatory requirements associated with the role, which includes ensuring the Internal Model continues to remain fit for purpose, providing opinion to the Board on Reserves, Underwriting, Reinsurance, the Business Plan in addition to the Solvency II capital requirement.
Through its new partnership relationship with the Risk team since 2023, our Actuarial Function collaborates with the Risk team in delivering 2nd line oversight of insurance risks from a quantitative perspective.
As part of these roles, we collaborate globally with Group and AIL Actuarial Functions, the Global Actuarial team, the local Economic Capital team, the Risk team, the Finance team, and the pricing teams.
Ensure the appropriateness of methodologies and assumptions used in risk calibrations and the calculation of the Solvency II capital requirements by working with the AVP, Economic Capital Corporate Actuarial, and Aviva Group to review, challenge and validate proposed changes/no change to Solvency II Economic Capital methodology, modelling and processes, calibrations and production of the results.
Assessing the sufficiency and quality of data used for risk calibrations and calculating the Solvency II capital requirements.Management of weakness and limitation log and inventory of evidence with support from GI Global Actuarial Solutions
Support Model Risk Management Business Standard and Model Risk Independent Validation Business Standard by performing reviews as required and producing documents that meet the standards
Perform risk reviews for priority areas and highlight customer impact where relevant
Strong analytic and problem-solving skills with the ability to work through the technical implementation details while appreciating the big picture.
Excellent interpersonal and communication skills - ability to build and maintain good working collaborations with various departments and strong stakeholder management capabilities.
Actuarial designation or equivalent is considered a significant asset.
At least 5-7 years of actuarial technical experience, from fields including but not limited to reserving, capital modelling, Solvency II and/or pricing.
Compelling rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities.
Corporate wellness programs to support our employees' physical and mental health
Hybrid flexible work model
Aviva Canada has an accommodation process in place to provide accommodations for employees with disabilities.
If upon commencement of employment you require a specific accommodation because of a disability, please contact your Talent Acquisition Partner so that an appropriate accommodation can be arranged.
