Actuary Director, Canada (Toronto)

Overview

Actuary Director, Canada – leading the actuarial function across Canada and collaborating with Finance, Claims, Operations, Marketing and Risk Management.

Responsibilities

• Partner with the Chief Actuary to provide quarterly GAAP and local STAT IBNR estimates to the Finance team.
• Complete DVRs and provide recommendations to Canada’s Chief Actuary.
• Assist local Finance team with IFRS 17 implementation and answer technical questions on interpretation of current accounting standards.
• Ensure reserving uses appropriate actuarial techniques across the AIG Canada business.
• Work closely with Finance and U.S. actuarial team on quarterly U.S. GAAP and local Canadian statutory close.
• Assist with completion of the Appointed Actuary’s report.
• Review and work with external consultant on implementation of IFRS‑17.
• Assist with yearly Financial Condition Testing (FCT) and present results to the audit committee.
• Collaborate with North America and International reserving management to develop consistent and efficient processes globally.
• Ensure appropriate controls are in place for the reserving process and support and be the point person for actuarial audits and independent reserve reviews.
• Assist the Enterprise Risk Management team in developing Canada’s Own Risk Self Assessment (ORSA) and determining appropriate capital levels.

Qualifications

• Bachelor’s degree or equivalent in Mathematics/Actuarial Science.
• Fellow of the Canadian Institute of Actuaries (FCIA) and Casualty Actuarial Society (FCAS).
• 5+ years relevant P&C experience, with a minimum of 2 years post Fellowship.
• Proven proficiency in actuarial concepts and methodologies.
• Thorough understanding of general insurance, including underwriting policies, claims handling policies and local legislation.
• Knowledge of PC and mainframe environments.
• Proven people‑management and leadership skills.
• Ability to educate non‑technical managers on technical areas that enhance decision‑making.

Benefits

Base salary range: $133,000–$180,000, with bonus eligibility. Additional benefits available; summary can be viewed here: CA Benefits Overview.

Equal Employment Opportunity

AIG is committed to equal opportunity and provides reasonable accommodations for applicants and employees with disabilities. AIG is an equal opportunity employer and hires without regard to race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected category.