Apply for Reinsurance Specialist Role at Aviva

Canada Job Openings

Aviva

Reinsurance Specialist

Markham

October 16, 2024

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.

Aviva Canada is looking for an insurance professional interested in joining the Reinsurance team within the Finance department. The applicant will work in a dynamic environment and will gain exposure across a wide spectrum of reinsurance, underwriting, exposure management and finance subject areas. A successful candidate must have the following:

Reinsurance placement experience in P&C field;
Deep understanding of treaties, treaty wordings and treaty structures;
Engage with senior collaborators to discuss our reinsurance strategy, related success factors and wider impact across the business;
Expertise in insurance data and data architecture combined with the ability to identify improvements and lead the creation of automated processes;
Demonstrate ability to work independently and collaboratively with other divisions and functions;
Have the ability to innovate and embrace the Aviva values of Care, Commitment, Community and Confidence;
Motivated individual who displays a strong dedication and responsibility towards business matters, while ensuring meticulous attention to detail;
Engage with senior team members to discuss our reinsurance strategy, related success factors and wider impact across the business.

Does this sound like your next role? Read on!

What you’ll do:

Manage end-to-end placement actives reporting to VP of Reinsurance;
Manage external ceded and assumed reinsurance placements;
Liaise with CTU team and to collect and maintain data for reinsurance renewal;
Analyze and reconcile data compared to prior submission, enhance data quality and find improvements in process;
Manage reinsurance renewal checklist and timeline, including deliverables and sign-offs;
Ensure reinsurance placement manual and business standard are followed;
Liaise with reinsurance brokers, UK and local reinsurance team, claim, accounting and reporting;
Treaty analysis;
Review and analyze wording changes with legal, VP of reinsurance and RI broker;
Post renewal work flow including DAF process, maintenance of reinsurance placement data/documents, documentation of reinsurance structure;
Track facultative placements;
Ability to pull data from internal databases and experience with policy and claim administrative systems (MINDs, Guidewire ect.);
Analyze data and produce interactive visualizations to present to various business collaborators;
Develop, improve and manage the reinsurance data pipelines;
Build effective relationships with business partners.

What you’ll bring:

5+ years reinsurance experience is a must;
University degree or equivalent experience, preferably in Finance, Mathematics, Actuarial Science, Accounting or other related fields;
Programming skills are a plus;
Good judgment, critical thinking and problem solving skills;
Excellent Customer service skills complimented with sound communication skills.

What you’ll get:

The salary band for this position ranges from $64,200 to $119,200. 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.
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
Hybrid flexible work model

Please note that we may use AI tools to help us through the recruitment process. This is an existing position which has been posted both internally & externally.

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. This process applies throughout your career with Aviva Canada.

#LI-AI1

We regret to inform you that this job opportunity is no longer available as it has expired

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