AVP, Group Actuary

  • 38192
  • Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Sep 16, 2020
Insurance
RESPONSIBILITIES
  • Oversee and direct product pricing, while monitoring its execution to achieve growth and profitability goals.
  • Oversee and direct product development, in partnership with the Director of Group Marketing.
  • Lead the development of financial plans for Group that will achieve corporate objectives, monitoring and reporting results, explaining changes in performance and taking or recommending corrective action.
  • Provide direction to the Group leadership team with respect to opportunities and challenges in attainment of the financial plan.
  • Manage Group reinsurance arrangements.
  • Oversee Group accounting control, commissions and collections.
  • Oversee the administration of field compensation programs and ensure they are affordable and effective.
  • Lead a team of 15 reports, including prioritizing, planning, directing and evaluating the work of four direct reports at various levels of Actuarial and Accounting.
QUALIFICATIONS
  • A degree in Mathematics or equivalent and completion of FSA, FCIA requirements.
  • A minimum of 10 years’ insurance experience, including five years in Group and five years in a management role.
  • Extensive knowledge of all aspects of the Group Life & Health business, including Actuarial methods and Underwriting practices.
  • Technical competence in Excel and Access.
  • An ability to coach and mentor staff in both their professional and leadership development.
  • Strong communication and interpersonal skills.