Actuarial Analyst - Commercial Insurance Pricing Transformation

Are you a highly analytical and strategic thinker with a passion for the insurance industry? Are you looking for an exciting opportunity to utilize your actuarial skills in a fast-paced and dynamic environment? If so, Aviva has the perfect role for you! We are seeking a talented Actuarial Analyst to join our Commercial Insurance Pricing Transformation team. In this role, you will play a key role in driving the transformation of our commercial insurance pricing strategy, using your expertise to develop innovative solutions and provide valuable insights to support our business objectives. If you have a strong background in actuarial science, exceptional problem-solving skills, and a drive for continuous improvement, we want to hear from you!

1. Conduct in-depth analysis of insurance data and trends to support the development of new pricing strategies for commercial insurance products.
2. Collaborate with cross-functional teams, including underwriting, product development, and finance, to identify and implement pricing opportunities.
3. Utilize actuarial techniques and tools to develop and evaluate pricing models and methodologies.
4. Provide actuarial support for rate filings, including data preparation, rate level analysis, and rate adequacy assessments.
5. Monitor and analyze competitor pricing and market trends to identify potential risks and opportunities.
6. Develop and maintain actuarial reports and documentation to support pricing decisions and ensure compliance with regulatory requirements.
7. Communicate complex actuarial concepts and findings to non-technical stakeholders in a clear and concise manner.
8. Continuously monitor and improve pricing processes and methodologies to ensure accuracy and efficiency.
9. Stay current with industry developments and best practices in actuarial science and insurance pricing.
10. Contribute to the development of new tools and techniques to enhance the pricing process and improve overall business performance.
11. Collaborate with the actuarial team to mentor and develop junior analysts.
12. Adhere to company policies and procedures, including data privacy and confidentiality.
13. Participate in special projects and initiatives as assigned by management.

According to JobzMall, the average salary range for a Actuarial Analyst - Commercial Insurance Pricing Transformation in Markham, ON, Canada is between $60,000 and $80,000 per year. This range can vary depending on the specific company, level of experience, and other factors. Some companies may offer higher salaries for more experienced candidates or those with additional certifications or qualifications. It is important to research and compare salaries at different companies to ensure fair compensation.

Aviva plc is a British multinational insurance company headquartered in London, United Kingdom. It has about 33 million customers across 16 countries. In the United Kingdom, Aviva is the largest general insurer and a leading life and pensions provider.