AVP, Auto Underwriting Portfolio

We are seeking an experienced AVP, Auto Underwriting Portfolio to join our team at Aviva Canada. The successful candidate will report directly to the VP, National Underwriting & Fraud and will be responsible for managing the national auto portfolio, driving the technical product and underwriting strategy across Aviva Canada's Personal & Specialty Lines portfolio.

Responsibilities:

• Manage the national personal insurance auto portfolio.
• Leverage data insights to develop and implement corporate underwriting strategies, tactics, policies and procedures to support business goals.
• Oversee the team's shift to an analytics-based, AI-supported strategy, and develop a consistent plan for the team that fits in with Aviva's corporate strategy.
• Ensure monitoring of auto portfolio to drive competitive review and ensure that product and underwriting strategies are optimized to derive profitable growth.
• Prepare and negotiate underwriting filings with regulators and provide direction to stakeholders on insurance regulations.
• Manage the auto product suite by regularly reviewing market data/trends against portfolio and implement updates to remain relevant and competitive.
• Ensure compliance to the Personal Insurance Underwriting Appetite.
• Embed a strong risk culture within the team including significant individual accountability and ownership of risk management activities.
• Ensure the accurate regulatory oversight in each region in Canada and that our products, pricing, and regulatory practices will be in line with requirements.
• Collaborate with and provide support to IT, distribution partners, Underwriting Operations, and Digital teams to drive simplification, modernization, increase automation and efficiency towards near-100% STP.
• Supervise regulatory websites, regulator bulletin, and announcements as well as industry bulletins from the IBC (Insurance Bureau of Canada).
• Provide support and consultation to the Government Relations team roles from a PI UW perspective during advocacy efforts or when regulatory changes are under review.
• Contribute to the development of business strategy and risk appetite, providing insights regarding current and anticipated insurance regulatory and industry trends.
• Leading key relationships with the PI SLT (Senior Leadership Team) and senior level stakeholders in Operations, Pricing, Claims, Risk and Legal.

Requirements:

• Bachelor's degree or equivalent experience in Business, Finance or similar. MBA Preferred.
• CRM, CIP or FCIP preferred.
• 10 years of experience in Technical Insurance functions (e.g., Underwriting, Product, Pricing) for a global Property and Casualty carrier.
• Proven track record with regulators, industry committees and other regulatory boards across Canada.
• Excellent judgement and analytical skills with the ability to collect, coordinate, analyze and disseminate significant information with attention to detail and accuracy.
• Outstanding communication and presentation skills (written, verbal) with well-developed ability to correspond with senior leaders, peers, direct reports, and external contacts.
• High level of analytical and problem-solving skills to identify clearly and address gaps in policies/ procedures and adherence to these policies and procedures.
• Solid understanding of company underwriting philosophy, PI underwriting strategy, policy contracts, PI products, risk information sources, and underwriting manuals.
• Showed strength at leading multiple and changing priorities/projects and delivering results.
• Ability to work collaboratively as part of interdisciplinary team that is geographically dispersed.
• A leader with integrity and credibility and positive relationship management (both internal and external), with strong negotiation, influencing and execution skills.

What you'll get:

• Compelling rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities.
• The salary band for this position ranges from 160 - 190K plus applicable bonus.
• 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.
• Employee discount on home and auto insurance (where applicable).