Senior Vice President

  • 38131
  • Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Sep 8, 2020
Reinsurance
RESPONSIBILITIES
  • In partnership with the respective regional actuarial pricing leads identify the key priorities to be addressed to ensure the effective execution of actuarial pricing and actuarial pricing research disciplines.
  • Provide leadership to the actuarial functional community and create a forum for sharing knowledge and information - foster a learning environment.
  • Outline an agreed upon escalation process as agreed with regional function lead; local/regional MD and Corporate functions.
  • Provide insourcing services to local teams as may be needed.
  • Ensure appropriate research projects are in place to help identify trends that may affect reinsurance and/or insurance pricing assumptions and methodologies given the changing market environment.
  • Liaise with other global functional leaders as need be to work on overlapping initiatives.
  • Be aware of key new offerings being developed/marketed by Business Units to leverage global actuarial intellectual capital and resources to build innovative solutions and improve need to market.
  • Provide technical support to related client initiatives.
  • Working with regional actuarial pricing heads update plans in developing company’s actuarial pricing brand globally.
  • Develop a network with clients’ head of actuarial pricing supporting the Global Accounts and/or Key Clients initiatives.
  • Leverage global knowledge and talent to support CRO and Internal Audit in defining corporate policies and ensure compliance.
  • Sit on internal committees and/or working groups representing actuarial pricing as assigned.
  • Proactively contribute to defining company’s global, regional and local business development strategies.
  • Provide holistic Management reports to respective stakeholders.
  • Other projects as assigned.
  • Update our tools and capabilities in completing experience studies in setting our base assumptions for a market or a specific RFP or in forecasting our inforce.
  • Roll out and help implement such experience study practices to various locals as appropriate.
  • Leverage the team to focus on priority experience study projects as directed by the Businesses.
  • Work with industry groups as appropriate to complete studies for our own know-how and help company’s Brand.
  • As a value-added service or for fees provide such tools and expertise to our clients.
  • Provide effective desk top research to our functions and businesses in support of thought leadership and business development as requested and/or regular content reporting.
  • Develop company’s internal network of similar R&D teams to ensure we are focusing on priorities, remove duplication and work as an integrated team supporting the various internal stakeholders.
  • Identify the retrocession needs of local business and work to line up the capacity needed at the best rates.
  • Be primary point of contact.
  • Work with other internal functions.
  • Provide management reports and analysis as requested.
  • Coordinate a global working group of all company’ leaders who seek retro support to ensure our overall retro needs are being met in an effective and coordinated method.
  • Other duties as assigned.
QUALIFICATIONS
  • Bachelor’s degree in Finance, Mathematics, Actuarial Science, Statistics or related field.
  • FSA accreditation.
  • 15+ years of actuarial experience in life, annuity and/or health insurance.
  • 15+ years of actuarial experience in pricing, financial reporting, or risk management related to life and/or annuity products.
  • Prior experience leading matrix function.
  • Strong ability to lead and work well within and across teams with members spread across multiple geographies, particularly gaining cooperation from those members outside the direct chain of command, across a wide variety of operational, functional, and technical disciplines.
  • Self-starter and self-motivated team player with entrepreneurial spirit, able to adapt to the unique and intricate parameters of new situations.
  • Expert ability to analyze and improve otherwise complex business processes.
  • Technical aptitude and ability to quickly understand and synthesize information.
  • Able to manage multiple competing priorities and client requests simultaneously.
  • Strong oral and written communication and presentation skills, demonstrating the ability to convey business terminology that is meaningful and well received by all stakeholders.
  • Expertise in translating business needs and problems into viable and accepted solutions.
  • Highly advanced ability to identify and implement operational structures to control and manage the acceptance of risk.
  • Expert level of people management skills, demonstrating the ability to lead, mentor, and develop associates, including the ability to delegate key areas of responsibility.
  • Expert level of investigative, analytical, and problem-solving skills.
  • Expert oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received.
  • Expert ability to translate business needs and problems into viable/accepted solutions.
  • Expert level of skills in customer relationship management and change management.
  • Expert ability to implement organizational, divisional, and/or departmental vision and goals that result in achievement.
  • Expert ability to manage multiple projects and/or teams simultaneously.
  • Expert ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines.
  • Expert ability to make timely and effective decisions.
  • Expert persuasion and negotiation skills when working with internal/external customers to resolve issues/problems.