Assistant Vice President, Corporate Actuarial

Assistant Vice President Corporate Actuarial

The Assistant Vice President (AVP) Corporate Actuarial is responsible for leading key elements of the Companys valuation reporting and asset-liability management (ALM) activities in support of the Appointed Actuary function.

This role plays a critical leadership position in financial reporting capital and risk analytics and new business profitability oversight while also advancing actuarial systems data governance and modelling capabilities.

The AVP Corporate Actuarial will build strong partnerships across Capital Management Finance Risk Investments and Product ensuring consistency of assumptions analytics and reporting across the enterprise

1. Actuarial Systems Data & Reporting

• Lead actuarial system change management initiatives including AXIS and Risk Integrity enhancements to strengthen governance and reporting capabilities
• Oversee actuarial data governance frameworks ensuring data integrity controls and alignment with actuarial and enterprise data standards
• Support new business implementation from an actuarial systems and reporting perspective addressing data modelling and process implications
• Drive continuous improvement in valuation processes automation and documentation

2. Asset-Liability Management (ALM)

• Review and recommend economic assumptions and target asset allocations in alignment with investment mandates
• Act as asset model owner partnering with the CIO and external asset managers to enhance modelling capabilities and analytics (e.g. TruView)
• Support integration of ALM insights into capital valuation and business planning processes

3. New Business Profitability & Planning

• Oversee quarterly new business profitability reporting including analysis of results versus plan and prior periods
• Lead development and review of the new business plan assessing profitability capital usage and risk profile
• Provide insights to senior management on product performance pricing adequacy and emerging trends
• Support strategic initiatives including new product development and in-force management actions

4. Leadership & Stakeholder Engagement

• Lead and develop a team of actuarial professionals fostering a high-performance collaborative culture
• Build strong working relationships across Finance Risk and Product
• Communicate complex actuarial and financial insights clearly to senior stakeholders
• Contribute to broader Corporate Actuarial leadership including process improvements and strategic initiatives
• Advocate for and support ongoing mentoring and development through the Actuarial Rotation program

• Fellowship (FSA/FCIA) with 10 years of relevant actuarial experience
• Strong experience in valuation capital ALM or financial reporting within life insurance
• Deep understanding of Canadian (IFRS17 LICAT) and U.S accounting and capital regimes
• Proven leadership experience with ability to manage teams and influence across functions
• Strong analytical and problem-solving skills with ability to navigate complex issues
• Excellent communication skills including executive-level presentation and report writing
• High degree of accountability and professionalism
• Results oriented with a keen focus on quality and delivering value; ability to balance multiple priorities and projects.
• Strong attention to detail while retaining focus on the big picture and top risks
• Deep technical experience with Axis and Risk Integrity

#LI-Hybrid

Salary Range:

$175000.00 - $209000.00

The actual base salary for this position will depend on several factors including job-related skills experience and addition to base pay eligible employees may participate in a discretionary variable incentive plan results are subject to both individual and company performance.

Please note that this posting is intended to fill an existing vacancy; however there may be instances where more than one vacancy is available for the same role.

Equal Opportunity Employment and Inclusion at Foresters Financial we are committed to sustaining an equal opportunity environment for all job applicants. We embrace Inclusion Diversity and Equity (IDE) as a core strategic objective for building strong innovative teams in which all our employees can show up wholly and authentically as themselves.

Foresters Financial strives to provide an accessible candidate experience for prospective employees with different abilities. If you anticipate needing any type of accommodations during the recruitment process please email in advance of your appointment.

Thank you for choosing Foresters. Only those candidates who will be selected for further consideration will be contacted by our Talent Acquisition Team.