Director, Actuarial Consulting Group

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:

Supporting the Assistant Vice President Risk Management (SL Canada) the incumbent in this assignment will be responsible for leading the execution of the SL Canada financial risk management process as it pertains to Capital Risk management.

As part of its broader responsibilities this assignment is responsible for the efficient governance controls and education related to processes in identifying assessing monitoring / reporting of financial risks within SL Canada business activities and ensuring management compliance to defined standards policies and operating guidelines. The incumbent will work collaboratively with members from the Business Units (BU) ALM Canadian Finance and Corporate Risk Management to create and reinforce a Capital Risk Management culture within SL Canada. The goal is to improve BU and Sun Life Canada management decision making within a consistent risk / return framework through the use of best practices education decision-making tools and risk management context. The successful candidate will have the ability to assess financial risks and their impacts on Capital help others understand such risks and to influence outcomes with senior levels within SL Canada and the SL Enterprise.

Main Accountabilities:

• Ensure awareness understanding and implementation of the SL Canada Risk Appetite Operating Guidelines for financial risks by SL Canada management and ensure that management has implemented processes to ensure ongoing compliance with the Policy and Guidelines. Provide appropriate communication and education as required.

• Complete review and monitor regular reporting including:

• Manage the Capital-at-Risk sensitivities production process during the quarter end business planning and strategic planning cycles including movement analysis.

• Communicate results to senior management and other management committees.

• Coordinate sign-off on the SL Canada Capital-at-Risk (CaR) exposures and ensure that the associated methodology assumptions and results are in compliance with established standards and procedure.

• Prepare and monitor the SL Canada Capital Composition at Risk metric quarterly and signal to senior management when Capital management actions are required.

• Manage periodic Stress Test requests from Corporate Risk Management within SL Canada.

• Coordinate and consolidate annual Financial Condition Testing (FCT) results for Canada and present insights to the Canadas Chief Risk Officer and Corporate Chief Actuary.

• Support Corporate Risk Management in the continuous improvement of the Risk Appetite framework within SL Canada and across SLF. Ensure awareness understanding and appropriate governance /controls for full compliance and efficient reporting. Provide communication and education as required.

• Support advise and act as a consultant to business areas and project teams for various financial risks related to SL Canada business activities and decisions.

• Support projects to enhance Capital risk management best practices and / or risk and return profile of SL Canada.

• Provide support to the CRO in the capital risk oversight of the SLI subsidiary.

Competencies:

• 5 years insurance experience and qualified FCIA / FSA

• University degree

• Industry experience in related field

• Familiarity with complex financial concepts and IFRS valuation of life insurance contracts

• Excellent communication skills both verbal and written

• Independent and strong commitment to quality and deadlines

• As this position is posted in several locations we specify that bilingualism (French English both oral and written) is required for Quebec only as the position includes managing both French and English-speaking staff (Quebec and outside Quebec) and providing daily support to the team.

Whats in it for you:

• Being a member of the Sun Life family a group of people united by our Purpose: to help Clients and Employees achieve lifetime financial security and live healthier lives.

• In 2024 Sun Life ranked among the top 100 most sustainable global corporations by Corporate Knights for the 15th consecutive year leading Canadian insurers.

• We are proud to be on the 2024 Best Workplaces in Canada list by Great Place to Work.

• Were also listed as one of the Best Workplaces for Women and Best Workplaces with Most Trusted Executive Teams.

• Our unique Sabbatical Program gives you the opportunity to take up to 6 weeks off every five years.

• Care Days available for self-care or care of others (i.e. family or others you may support) and Sick Days to support your well-being.

The Base Pay range is for the primary location for which the job is posted. It may vary depending on the work location of the successful candidate or other addition to Base Pay eligible Sun Life employees participate in various incentive plans payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results.

Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our Clients the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds.

Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to .

We are proud to be a hybrid organization that offers our employees the choice and flexibility to work from both the office and virtually based on the needs of the business our Clients and you! Several work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

We may use artificial intelligence to support candidate sourcing screening interview scheduling.

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

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