AVP, Auto Underwriting Portfolio
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.
We are looking for a positive and experienced AVP, Auto Underwriting Portfolio to join our team. You will report directly to the VP, National Underwriting & Fraud of Aviva Canada.
This position will be responsible for managing the national auto portfolio, driving the technical product & underwriting strategy across Aviva Canada’s Personal & Specialty Lines portfolio. Driving the modernization and simplification of underwriting in alignment with and leveraging digital transformation. This role collaborates with the Pricing and Customer teams on new product development and product reviews balancing our customer and broker experience with the requirement to handle underwriting risks.
Our ideal candidate will align and partner with key stakeholders influencing product and policy build to increase automation and efficiencies, reduce friction and improve our customer and broker experience.
Come join our team!
What you'll do:
- 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 & 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.
What you'll bring:
- 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.