Director, Process Innovation

  • 37103
  • Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Mar 23, 2020
Insurance
RESPONSIBILITIES
  • Support the Model Office workstream which helps the business understand the initial and ongoing financial impacts of IFRS 17. This would include leveraging and improving some of the embedded value reporting that was initially completed.
  • Support the Level of Aggregation workstream which involves assisting with the framework and implementation of the classification of new business between onerous versus non-onerous sales. This would include ensuring alignment of profitability reporting with the business.
  • Finalize the harmonization of our various valuation models so that they are structured optimally.
  • Lead the manual adjustment reduction so that we have minimal exposure to these prior to the implementation of IFRS 17.
  • Support for IFRS 17 Process Improvement Work Package which has the goal of using IFRS 17 as a stepping-stone to material process improvements.
  • Will also support the model development activity associated with Canadian Strategy Initiatives, including re-pricing and product development activity.
  • Take decisive leading action including making efficient and effective recommendations, in spite of obstacles.
  • Lead a small team of actuarial subject matter experts.
  • Review, evaluate and oversee the work of direct reports, providing coaching, constructive challenge, problem troubleshooting and prioritization.
QUALIFICATIONS
  • Proven leadership and decision-making skills.
  • Advanced collaboration skills and ability to build positive work relationships.
  • Ability to work in a team environment.
  • Sound actuarial judgment and excellent analytical and problem solving skills.
  • Excellent verbal and written communication skills.
  • Ability to manage multiple tasks and work within strict timeframes/deadlines.
  • Fellow of the Canadian Institute of Actuaries.
  • Proficiency in Microsoft applications.