Director, Actuary

  • 34284
  • Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Sep 24, 2018
Reinsurance
RESPONSIBILITIES
  • Partner with VP Head of Corporate Actuarial in managing quarterly valuation processes for Group IFRS and Canadian regulatory reporting.
  • Partner with VP Head of Corporate Actuarial in managing economic reporting processes, including review of best estimate assumptions, analysis of changes and sensitivities, production and review of Operating Plan.
  • Perform and review experience studies and profitability analysis.
  • Handle the assessment of regulatory and own capital requirements.
  • Partner with VP Head of Corporate Actuarial in managing implementation of IFRS 17.
  • Ensure that appropriate and auditable controls, reconciliations and documentation are maintained with respect to work performed or supervised.
  • Utilize technology to perform job functions more efficiently and to further automate the reserving and financial projection processes. Share technology solutions with other associates and work with the IT area to move ad hoc improvements into a controlled production environment.
  • Mentor and coach associates to provide knowledge and growth opportunities.
  • Participate to industry events and committees in order to increase the company image in the market and influence future industry developments.
  • Complete special assignments and projects for the department as necessary.
  • May perform other duties as required.
QUALIFICATIONS
  • FSA designation.
  • Must have 15+ years’ experience with financial valuation.
  • Experience managing projects and effectively representing department at various meetings.
  • Experience mentoring and developing associates.
  • Demonstrated ability to understand broader picture and impact of decisions.
  • Knowledge of AXIS valuation software.
  • Proficiency in windows-based software.
  • Proven leadership skills and ability to make strategic decisions.
  • Identity and communicate reporting issues in economic and reserving information.
  • Building and maintaining relationships with colleagues.
  • Demonstrated ability to understand complex models and perform valuation, modeling, and analysis to deliver required results.
  • Demonstrated ability to identify and implement departmental processes and controls and ensure appropriately documented.
  • Technically astute within the actuarial discipline and industry software applications.
  • Able to communicate with the CFO and CEO on broad business issues and how the interaction of those business processes and decisions affect our business plan.
  • Strong interpersonal and communication skills, including verbal, written and relationship building.
  • Rapid and consistent increase in responsibilities in an organization, preferred.