Managing Actuary, Capital, Corporate Actuarial

Managing Actuary, Capital, Corporate Actuarial
Corporate Actuarial Full Time Management Toronto, ON, CA4 days ago Requisition ID: 1007
Welcome to ivariLet us introduce ourselves. With 300 employees across Canada,ivari is a company that’s making a difference in the world of life insurance. How? By finding and hiring employees who are passionate about helping people protect their families, and by giving them the best, most supportive workplace possible.Ivari is part of Sagicor Financial Corporation, a leading financial services provider based in the Caribbean, with a strong presence in North America. We offer a wide range of products and services, including life and health insurance, annuities, pension administration and investment services.At ivari, everyone is welcome! It is our mission to attract, develop, and retain a workforce that is as diverse as the customers we serve and the communities in which we do business. We offer an inclusive and accessible work environment where all employees and customers feel valued, respected, and supported.Here’s the job opportunity…
This position is an existing vacancy.You will be responsible for conducting a broad range of actuarial tasks within the Corporate Actuarial Department of ivari, including quarterly LICAT reporting, Financial Condition Testing, enterprise-wide stress testing, capital impact analysis of alternative assets, regulatory capital initiatives, capital management, experience studies, and sensitivity and stress testing.You will…
Ensure clear and concise communication of regulatory capital to management focused on business driversProvide value added analysis of results, focusing on impact on capitalBecome thoroughly familiar with actuarial valuation standards, CIA guidance material and OSFI guidelines in order to ensure accurate technical implementationBecome thoroughly familiar with the accounting and capital frameworks (IFRS 17 and LICAT 2025)Coordinate and conduct periodic and ad hoc sensitivity testingBecome subject matter expert in capital, business drivers, LICAT treatment of alternative assets, etc.Provide expertise on streamlining the valuation and capital infrastructure, especially in the context of the current frameworksProvide leadership, coaching, and mentorship to junior actuarial staff, supporting their technical, professional, and career developmentFoster a high-performance and collaborative cultureWhat we are looking for…
Fellow of the Canadian Institute of Actuaries (FCIA)University degree in Actuarial Science, Mathematics, Statistics, or related areaMinimum of 7+ years’ relevant experience in the life insurance industryStrong verbal and written communication skills, with the ability to explain complex concepts to both technical and non-technical audiences [MN1]Knowledge and experience with accounting and regulatory capital frameworks including IFRS 17 and LICATAbility to understand and interpret complex guidelines and replicate the calculation in models and spreadsheetsStrong people management and coaching skillsKnowledge of and experience with AXIS and Risk Integrity is an assetKnowledge of individual life and annuity products (including term, Universal Life, critical illness, segregated funds, payout annuities)Strong analytical and problem-solving abilitiesAbility to collaborate effectively to deliver on organizational goalsAbility to manage multiple priorities and meet tight deadlinesWhat we pay…
Salary Range: $120,000 to $165,000What's in it for you…
At ivari, it's important for us to keep our people motivated, recognized, and rewarded. We offer competitive base salaries plus a bonus, one of the many reasons ivari is a great place to work.We also offer health and dental benefits for the entire family from Day 1! But that’s just the beginning. When you join the ivari team you also get…Competitive compensation and annual bonus opportunityComprehensive health and dental benefits [for you and your family]Pension and employee savings plans with company matching contributionsHybrid work arrangement with dedicated in-office collaboration daysCompetitive vacation and paid time-off programsProfessional development and continuous learning opportunitiesCollaborative culture where individual contributions have visible impactWellness programs supporting physical and mental healthWho you are…
Someone who enjoys a culture where everyone is genuinely respectful, and you can be your authentic self every day. Your contributions and opinions are not only sought but valued. You know the importance of, and live by, our core values of…Bringing clarity and focus to your workTaking ownership and doing what you say you willRemaining flexibleCollaborating with othersDoes this sound like you? We’re looking for great people to join our team!Our commitment to inclusivity is reflected in the safeguards, policies, and commitments we have in place to remove barriers and provide equal opportunities to prospective and current employees, without discrimination.A Human Resources representative is available to consult with applicants who require accommodation in the application or recruitment process. Any information shared by the applicant about an accommodation will be treated as confidential. If you do require an accommodation, please email View email address on ca.hrm.tc** ivari does not utilize AI in our recruitment process to screen, select, or assess applicants
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