Actuarial Manager/Senior Actuarial Manager

You are as unique as your background experience and point of view. Here youll be encouraged empowered and challenged to be your best self. Youll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day youll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals families and communities around the world.

Job Description:

We are seeking an Actuarial Manager or Senior Actuarial Manager to join the Capital and Reinsurance Management team. This is a mid/senior-level role focus on capital management under the Canadian LICAT framework. Key responsibilities include capital roll-forward analysis forecasting capital planning financial condition testing and supporting various ad-hoc capital initiatives. Success in this position requires solid experience in capital management and/or understanding of IFRS 17 strong analytical and problem-solving capabilities effective communication skills and a result-driven mindset. This role provides an excellent opportunity to gain hands-on in-depth exposure to capital management.

Responsibilities

• Oversee the day-to-day capital management activities under the LICAT regime including capital movement analyses capital forecasting sensitivity analysis inforce and new business capital contribution assessment capital generation monitoring and preparation of capital dashboard and board materials.

• Responsible for the development of capital plans (on the LICAT basis) as part of the medium-term strategic plan (H1) and the detailed business plan (H2) providing insightful commentary to support management decision-making.

• Conduct annual Financial Condition Testing (FCT) to evaluate capital adequacy over a 5-year horizon across various adverse scenarios identifying key risks and recommending management actions.

• Support ad-hoc LICAT capital analyses related to pricing investment ALM and other business initiatives ensuring capital impacts are thoroughly assessed and managed; explore and execute capital optimization strategies as required; perform qualitative impact analysis (QIS) for regulatory development on LICAT guidelines when necessary.

• Collaborate across-functionally with local regional office and corporate teams providing expertise advice and responses to LICAT-related requests and initiatives.

• Supervise and coach junior staff; support other initiatives and address emerging matters when needed.

Qualifications

• Qualified actuary - FSA FCIA FIA FIAA or equivalent

• 7 or more years of experience in life insurance industry

• Proven expertise in capital management asset and liability cash flow projection and stress testing

• Solid understanding of IFRS 17 particularly earnings analysis is a strong asset; experience with Moodys Axis is a plus

• Excellent analytical and problem-solving abilities with a strong result-driven mindset

• Strong planning skills and the ability to manage multiple priorities and deadlines efficiently

• Demonstrated capability to work independently with minimal supervision and lead projects effectively

• Highly self-motivated with a strong learning mindset and high attention to details

• Strong written and verbal communication skills with experience preparing professional reports and presentations

• Effective people management skills

• Consistently demonstrates initiative accountability and a commitment to excellence

We offer 5-day work attractive salary MPF group life and group medical insurance; and excellent career development opportunities to the right candidate.

We are an equal opportunity employer and welcome applications from all qualified candidates. Application forms and resume will be kept for a period of24 months after completion of the recruitment process. (All information will be held in strict confidence and only be used for recruitment purpose).

Job Category:

Posting End Date: