Senior Actuarial Analyst, Economic Capital
About The Position
Aviva Canada is seeking a highly skilled actuarial professional to join the Economic Capital team as a Senior Actuarial Analyst. This role involves contributing to the development, maintenance, and enhancement of their industry-leading Economic Capital Internal Model. The position focuses on capital modelling, quantitative risk analysis, and advanced statistical techniques, utilizing stochastic modelling frameworks to assess risk and capital requirements across Aviva Canada's business. This role offers significant exposure to enterprise-wide risk management, capital allocation, and risk modelling, making it ideal for individuals aiming to deepen their expertise in quantitative and financial risk modelling.
Requirements
- Bachelor’s degree in a quantitative field (e.g., Actuarial, Mathematics, Statistics/Economics, Data Analytics, Computer Science) or equivalent.
- Progress towards ACAS and relevant actuarial experience.
- Hands-on experience with statistical modelling, stochastic processes, and quantitative risk modelling.
- Ability to clearly communicate complex technical concepts to both actuarial and non-technical audiences.
- Strong quantitative analysis, problem-solving, and programming skills (VBA, SAS, Python/R).
- Solid understanding of Monte Carlo simulation, model validation, and model governance frameworks.
Nice To Haves
- Expertise in statistical modelling or predictive analytics, including model development and validation.
- Experience with catastrophe models and exposure management.
Responsibilities
- Provide technical support for the Internal Economic Capital Model, including methodology, parameterization, validation, and analysis.
- Support B-15 OSFI Climate Risk Management through the physical risk modelling stream.
- Design, build, and maintain stochastic simulation frameworks and statistical models to improve risk aggregation, dependency modelling, and capital estimation methodologies.
- Analyze complex actuarial and financial datasets using statistical methods to derive insights for capital risk modelling.
- Work on catastrophe model applications in the business, including CAT loading development, capital analysis, and hazard/peril adjustments.
- Support the development of capital metrics used for planning, performance management, strategic decisions, and risk optimization.
Benefits
- Base compensation
- Eligibility for annual bonus
- Retirement savings
- Share plan
- Health benefits
- Personal wellness
- Volunteer opportunities
- Outstanding career development opportunities
- Professional development education support
- 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 employees’ physical and mental health
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Senior
