Actuarial Associate, Risk Management

ivari Holdings Inc.; Toronto; On-site; CAD 85,000 - 110,000; Full time

Benefits offered by this job

Health and dental benefits for the day

Hybrid work arrangements

Pension plan with 100% match

Employee savings plan with 75% match

Vacation plan

Job summary

ivari is seeking a seasoned risk professional to lead and implement risk management across the organization. You will collaborate with multiple departments and external stakeholders, ensuring robust processes and timely reporting to boards and regulators.

This role demands strong decision-making and the ability to work independently or in a team. Reporting to the Head of Financial Risk, you will drive risk strategy, monitor limits, and support ORSA, ALM, and regulatory responses for Canada, the

Qualifications

• Bachelor's degree in actuarial sciences, accounting, finance or similar field.
• ASA, ACIA, FSA, FCIA designation or equivalent considered an asset.
• Strong analytical and problem‑solving skills.

Responsibilities

• Support risk reporting to the board and regulators.
• Calculate Capital at Risk and monitor risk limits and risk appetite.
• Support setting internal capital targets and ORSA delivery.
• Contribute to ALM and hedging reporting.
• Develop responses to regulatory changes and OSFI/NAIC guidelines.
• Identify and assess risks in Canadian and U.S. businesses across market, credit and insurance.

Skills

Risk management

Regulatory reporting

Capital at risk

ALM/hedging

Stakeholder collaboration

Analytical thinking

Education

Bachelor's degree in actuarial sciences, accounting, finance or similar field

Job description

Let us introduce ourselves. With more than 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 with over 185 years of history operating across the Caribbean, US, and Canada. 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 for an existing vacancy.

You will report to the Head of Financial Risk, Sagicor North America and will be responsible for developing and implementing risk management strategies across the organization. You will collaborate with various departments and external stakeholders to ensure that we have effective risk management practices in place. This is an important role that requires strong decision-making skills and the ability to work both independently and as part of a team.

In this role you will…

The main accountabilities include:

• Support risk reporting to the board and regulators
• Calculate Capital at Risk, monitor risk limits and risk appetite.
• Support the setting of internal capital targets
• Support the delivery of the Own Risk and Solvency Assessment (ORSA)
• Support ALM and hedging reporting
• Develop responses to regulatory changes and prepare analysis of new OSFI or NAIC guidelines
• Identify and assess risks in Canadian and the U.S. businesses with a focus on market, credit and insurance risks
• Lead stress testing across the organization (Canada, U.S. and the Caribbean).
• Develop and maintain comprehensive and reliable risk models
• Lead initiatives related to the above items and recommend improvements
• Cultivate strong relationships with business units and control functions to promote a risk‑aware culture and add value through collaboration
• Clear and concise communication to team and leader

What we are looking for…

• 5+ years of relevant work experience within Financial Services and/or Life Insurance industry, including experience in risk management
• Bachelor’s degree in actuarial sciences, accounting, finance or similar field
• ASA, ACIA, FSA or FCIA designation
• Chartered Enterprise Risk Analyst (CERA), Certificate in Risk Management (CRM), Financial Risk Manager (FRM), CIP (Chartered Insurance Professional), or other relevant risk management designations
• Strong analytical and problem‑solving skills
• Ability to work independently on complex projects
• Proven ability to meet tight deadlines while multi‑tasking
• Demonstrated ability to collaborate effectively to deliver on organizational goals
• Excellent written and verbal communication skills

What we pay…

External Salary Range: $85,000 - $110,000

What'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…

• A fantastic vacation plan and time off
• A pension plan with 100% match by ivari
• Employee savings plan with 75% match to help you save even more
• Flexible and hybrid work arrangements
• Opportunities for professional development
• Recognition programs to cheer you on, motivate and reward
• Wellness programs to keep you healthy and happy

Who you are…

You are a team player who not only understands our core values but lives them every day. You know the importance of…

• Bringing clarity and focus to your work;
• Taking ownership and doing what you say you will;
• Remaining flexible;
• Collaborating with others;

Does 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.

** ivari does not utilize AI in our recruitment process to screen, select, or assess applicants