Actuarial Associate, Risk Management

ivari Canada; Toronto; Hybrid; CAD 85,000 - 110,000; Full time

Benefits offered by this job

Health and dental benefits

Pension plan with 100% match

Employee savings plan with 75% match

Flexible and hybrid work arrangements

Professional development

Wellness programs

Job summary

ivari Canada seeks a seasoned risk leader to develop and implement risk management strategies across the organization. Reporting to the Head of Financial Risk, Sagicor North America, you will collaborate with departments and external stakeholders to ensure robust risk practices.

You will lead risk reporting to the board and regulators, oversee capital planning, ORSA, model validation, ALM/hedging reporting and risk modeling.

Qualifications

• 5+ years of relevant work experience in Financial Services and/or Life Insurance with risk management
• Bachelor’s degree in actuarial sciences, accounting, finance or similar field
• Professional risk designations (ASA/ACIA/FSA/FCIA, CERA/CRM/FRM/CIP) are preferred
• Strong analytical and problem-solving skills; ability to work independently on complex projects
• Proven ability to meet tight deadlines while multi-tasking and collaborate effectively

Responsibilities

• Support risk reporting to the board and regulators
• Calculate Capital at Risk, monitor risk limits and risk appetite
• Support internal capital target setting
• Support ORSA delivery and framework
• Support model validation and ALM/hedging reporting
• Develop responses to regulatory changes and OSFI/NAIC guidelines
• Identify and assess risks in Canadian and U.S. businesses
• Lead stress testing across Canada, U.S. and Caribbean
• Develop and maintain risk models; lead improvement initiatives
• Promote a risk-aware culture through collaboration

Skills

Strong analytical and problem-solving

Independent work on complex projects

Meet tight deadlines while multi-task

Collaborate effectively

Excellent written and verbal沟通 skills

Education

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

ASA, ACIA, FSA or FCIA designation

CERA, CRM, FRM, CIP or other risk designations

Job description

Welcome to ivari

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 model validation framework including conducting model validations.
• 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 developmentRecognition 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.

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 [e-mail] .

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