Job Opportunities Manager, Actuarial Capital Management (Life)
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Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Job ID:9568
Working Business Language: This role is considered a head-office role and will be required to communicate with internal and external stakeholders across Canada where the primary business language for this role is such the successful candidate must be fully proficient in English.
Salary: At Wawanesa salary is only one component of a holistic comprehensive and competitive offering that we provide to our addition to salary full-time and part-time permanent employees are eligible for an annual bonus plan leave of absence top-up programs and provided with generous vacation time personal days premium free benefits and pension plan.
The salary offered for this role is determined with consideration to various factors including but not limited to: your work location local labour market conditions external market salary data internal pay equity and the knowledge skills experience and anticipated proficiency in the role. The salary offered is estimated to be within the following range: $120000 - $160000. Candidates with salary expectations outside of the range are still encouraged to apply.
About Us
At Wawanesa were proud to offer a hybrid work environment that offers flexibility to our employees in balancing in-office (2 days per week OR 15 hours per week in a Wawanesa office) and remote work.You may work from any of the following locations: Winnipeg MB; Wawanesa MB; Vancouver BC; Calgary AB; Edmonton AB; Lethbridge AB; Toronto (North York) ON; Kitchener ON; Ottawa ON; Montreal QC; Moncton NB; Dartmouth; NS.
The Wawanesa Mutual Insurance Company (Wawanesa Mutual) founded in 1896 is one of Canadas largest mutual insurers with over $3.5 billion in annual revenue and assets of $10 billion (CAD). Wawanesa Mutual with its National Headquarters in Winnipeg is the parent company of Wawanesa Life which provides life insurance products and services throughout Canada and Western Financial Group which distributes personal and business insurance across Canada. Wawanesa proudly serves more than 1.7 million members in Canada and we are home to more than 3600 employees distributed across the Canadian regions and communities where we operate. We give back to organizations that strengthen communities donating more than $3.5 million annually to charitable organizations including over $2 million annually in support of people on the front lines of climate change. To learn more visit .
We are currently looking for dedicated driven and enthusiastic individuals who thrive in an environment that welcomes change and are looking for an opportunity for diverse experience and advancement on a growing team.
Job Overview
Working under minimal supervision the Manager Capital Management is responsible for all facets related to capital management ensuring compliance with requirements and standards while leading the Capital Management department.
Job Responsibilities
Regulatory Capital & Modeling
- Develop and maintain models to calculate Life Insurance Capital Adequacy Test (LICAT) regulatory capital requirements and report on changes in these requirements.
Financial Analysis & Reporting
- Lead the production of annual Financial Condition Testing (FCT) and support the budgeting process.
- Prepare and communicate quarterly reporting on variances from budget and IFRS 17 impacts providing clear analysis and insights to stakeholders.
- Manage quarterly Segregated Fund valuation and ensure accuracy and timeliness of reporting.
Leadership & Team Management
- Manage and develop direct reports by providing professional and technical guidance coaching and regular performance reviews.
Strategic & Special Projects
- Execute special projects and other duties as assigned by the Director of Life Capital and Actuarial Support ensuring alignment with organizational goals.
Qualifications
- Undergraduate university degree in Actuarial Mathematics Statistics Mathematics or other related field of study.
- Fellow of the Canadian Institute of Actuaries complying with continuing education requirements.
- 5 years of actuarial work experience with 3 years related to capital management financial reporting ALM or IFRS 9/17.
- Extensive knowledge of the life insurance industry and insurance operations in general.
- Excellent computer skills including extensive knowledge of word and excel.
- Excellent analytical and problem-solving skills with the ability to understand context and its impact on all issues.
- Ability to work independently and identify potential impacts of decisions.
- Excellent communication skills both written and verbal with the ability to deliver powerful presentations.
- Ability to work and complete large complex projects with multiple contributing parties.
- Strong leadership skills an asset.
#LI-AF1 #LI-Hybrid
Wawanesa is proud to be one ofManitobas Top Employers a Kincentric Best Employer in Canada and a Forbes Best Employer in Canada recognizing an exceptional place to work!
Diversity Equity Inclusion& Belonging
At Wawanesa we are committed to Diversity Equity Inclusion and Belonging (DEIB) and believe that our strength lies in the diversity of our people this is supported by having a representative workforce.
We welcome applications from all qualified candidates including racialized persons women Indigenous Peoples persons with disabilities members of the 2SLGBTQIA community gender-diverse and neurodiverse individuals and anyone who can contribute to the further diversification of thought and ideas.
We aim to ensure our recruitment process is accessible to all candidates. If you require accommodations during any stage of the recruitment process please reach out in confidence to .
All Wawanesa job applicants are subject to Wawanesas .
Required Experience:
Manager
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About Company
Wawanesa Insurance offers affordable rates for homeowners, home, renters, car insurance and more in the U.S. Get a free insurance quote online to see how much you can start saving!
