Director

  • 38461
  • Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Oct 30, 2020
Insurance
RESPONSIBILITIES
  • Support quarterly activities including managing the approximations and issues log, ACMA and Methods/Assumptions change process, results review and analysis, BGCA capital result sign-off, as well as managing the quarterly FMM process.
  • Support annual activities including Par and Adjustable qualification test, insurance risk designation testing, LICAT guideline and BGOG review.
  • Support internal / external audit requirements.
  • Champion process improvements and methodology/assumptions.
  • Work with Finance / BUs / Treasury on the Canada capital plan, providing insights on all aspects such as new business capital generation, capital projection, FMM transfer, etc., and supporting assumption setting such as surplus earned rate and capital on capital.
  • Participate in the Canadian Capital Management Committee and facilitate dialogue between Finance and BU CFO’s on capital related topics including capital optimization, RoE, capital usage by risk type / product, LICAT worst interest rate scenario and related discussion / management, allocation of centralized capital aggregation items to Bus.
  • Partner with Corporate Actuarial and IFRS team to support guideline changes and QIS needs.
  • Support capital reporting - discuss results at management committee, support annual dividend setting and capital guideline review.
QUALIFICATIONS
  • FSA or FCIA designation.
  • Minimum of 5 years of experience in an actuarial role.
  • Strong sense of controls with experience in Valuation being an asset.
  • Very strong technical, analytical and problem solving skills that allow for deep actuarial analysis.
  • Excellent communication skills with the ability to explain complex ideas to a variety of audiences including non-actuaries.
  • Excellent people and relationship management skills.
  • Ability to work independently, as well as collaboratively.
  • Highly motivated, proactive, and conceptual thinker to support new ideas and improvements.