Director

  • 38839
  • Life - Actuarial
  • |
  • Ontario, Canada
  • |
  • Jan 8, 2021
Insurance
RESPONSIBILITIES
  • Partner with the Client Relationships and Structuring teams to understand market opportunities for new risk transfer solutions
  • Explore and drive innovative solutions supporting the defined benefit solutions growth strategy by working closely with internal and external partners
  • Lead investigations into how to differentiate defined benefit solutions product offering from that of its competitors
  • Execute key Innovation Lab feasibility studies by conducting research, drafting studies and providing recommendations on next steps
  • Manage the implementation of promising feasibility studies by partnering with other defined benefit solutions teams
  • Partner with the various teams to identify opportunities to better manage defined benefit solutions’ inforce group annuities from a financial and operational perspective
  • Work with defined benefit solutions and senior management to prioritize these opportunities
  • Implement the prioritized opportunities by partnering with internal and external teams and stakeholders
  • Chair the defined benefit solutions Inforce Lab
  • Own the strategic planning process for defined benefit solutions
  • Develop and lead a high performing team of actuarial students to execute on the role’s mandate
  • Influence key stakeholders to create support for defined benefit solutions’ innovation and inforce management priorities’
QUALIFICATIONS
  • Undergraduate degree in actuarial science, mathematics or statistics
  • FSA designation
  • Minimum of 5 years of insurance and/or pension experience in an actuarial role
  • 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 non-actuaries
  • Strong influencing skills
  • Proven ability to manage multiple competing priorities
  • Excellent people skills to manage relationships with defined benefit solutions stakeholders and coordinate large cross-functional teams
  • Previous knowledge of reinsurance structures, securitization, group annuities and/or registered pension plans is an asset
  • Previous knowledge of pricing, valuation, asset liability management is an asset
  • Ability to work independently, as well as collaboratively, challenge the status quo and promote new solutions
  • Highly motivated, proactive, conceptual thinker who is able to take a leadership role in a wide variety of assignments