AVP, Actuarial Projects & Transformation

ivari

Toronto

Hybrid

CAD 180,000 - 240,000

Full time

5 days ago
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Benefits offered by this job

Hybrid work arrangement
Bonus potential
Professional development
Competitive compensation

Job summary

ivari seeks an AVP, Actuarial Projects & Transformation in Toronto to lead strategic actuarial initiatives, oversee system modernization, and bridge Actuarial, Finance, Technology and Operations. The role combines leadership, technical actuarial expertise, and enterprise-wide transformation delivery with emphasis on IFRS 17, LICAT, and robust controls.

The position offers a hybrid work arrangement with in-office collaboration days and competitive compensation and benefits.

Qualifications

  • Fellow of the Canadian Institute of Actuaries.
  • University degree in actuarial science, mathematics, statistics or related field.
  • Minimum of 10-15 years of relevant experience in Life insurance.
  • Demonstrated success leading large, cross-functional transformation initiatives.
  • Understanding of actuarial valuation, financial reporting under IFRS 17, LICAT, and insurance operations.
  • Knowledge of actuarial systems (e.g. RiskIntegrity, AXIS).
  • Excellent verbal and written communication skills, focusing on relevant information and being able to explain complex concepts in easily understandable terms to a wide range of audiences.
  • Excellent stakeholder management and negotiation skills, capable of influencing and engaging across all levels.
  • Demonstrated ability to lead and mentor a high-performing team.

Responsibilities

  • Lead actuarial projects and transformation initiatives across the enterprise.
  • Coordinate cross-functional workstreams with Finance, Technology, Operations, and external vendors.
  • Provide coaching, mentorship, and technical guidance to team members.
  • Foster a culture of innovation, continuous improvement, and collaboration.

Skills

Actuarial leadership
Stakeholder management
Mentoring

Education

Fellow of the Canadian Institute of Actuaries
Actuarial degree in actuarial science/mathematics/statistics

Tools

RiskIntegrity
AXIS

Job description

AVP, Actuarial Projects & Transformation

Corporate Actuarial Full Time Regular Assistant Vice Pres Toronto, ON, CA

Welcome to ivari

Let 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.

Reporting to the VP, FP&A and Central Actuarial, this role will support actuarial projects, strategic initiatives, actuarial system maintenance and transformation. This role serves as the bridge between Corporate Actuarial, Finance, Technology, Operations, and external vendors to deliver enterprise-wide transformation initiatives.

The role combines project leadership, actuarial expertise, actuarial systems oversight, and people leadership.

As the AVP, Actuarial Projects and Transformation, your key responsibilities will include…
Actuarial Strategic Projects and Production Support
  • Support strategic and emerging actuarial projects in response to business priorities, regulatory developments, transactions, and other complex issues requiring actuarial leadership and analysis.
  • Coordinate cross-functional workstreams, bringing together appropriate expertise from Corporate Actuarial, Finance, Investments, Risk, Pricing, Technology, and other teams.
  • Translate complex actuarial analysis into clear recommendations and executive-level insights, including identification of key risks, trade-offs, and areas of uncertainty.
  • Act as a flexible senior actuarial resource for the Chief Actuary and actuarial leadership team on high-priority or time-sensitive issues requiring focused analysis and support broader Corporate Actuarial deliverables as needed.
  • Establish appropriate documentation, controls, and handover into Business-as-Usual processes where an ad hoc initiative becomes an ongoing responsibility.
Actuarial Systems Transformation and Ownership
  • Actuarial lead for initiatives such as modernizing general ledger and policy administration system.
  • Lead actuarial system upgrades (e.g. Moody’s RiskIntegrity and AXIS).
  • Partner with Actuarial, Finance, Technology, and Operations teams to implement automation and process improvements.
  • Ensure appropriate system maintenance, support, and operational stability.
  • Provide ongoing oversight for actuarial production environments.
Leadership & Talent Development
  • Lead and develop a high-performing team of actuaries and actuarial students.
  • Provide coaching, mentorship, and technical guidance to team members.
  • Foster a culture of innovation, continuous improvement, and collaboration.
  • Build strong relationships across actuarial, finance, investments, risk, and business teams.
What we are looking for…
  • Fellow of the Canadian Institute of Actuaries.
  • University degree in actuarial science, mathematics, statistics or a related field.
  • Minimum of 10-15 years of relevant experience in Life insurance.
  • Demonstrated success leading large, cross-functional transformation initiatives.
  • Understanding of actuarial valuation, financial reporting under IFRS 17, LICAT, and insurance operations.
  • Knowledge of actuarial systems (e.g. RiskIntegrity, AXIS).
  • Excellent verbal and written communication skills, focusing on relevant information and being able to explain complex concepts in easily understandable terms to a wide range of audiences.
  • Excellent stakeholder management and negotiation skills, capable of influencing and engaging across all levels.
  • Demonstrated ability to lead and mentor a high-performing team.
What we pay…

An attractive total compensation package commensurate with the successful candidate's experience and qualifications.

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…

  • Competitive compensation and annual bonus opportunity
  • Comprehensive health and dental benefits [for you and your family]
  • Pension and employee savings plans with company matching contributions
  • Hybrid work arrangement with dedicated in-office collaboration days
  • Competitive vacation and paid time-off programs
  • Professional development and continuous learning opportunities
  • Collaborative culture where individual contributions have visible impact
  • Wellness programs supporting physical and mental health
Who you are…
  • Bringing clarity and focus to your work
  • Taking ownership and doing what you say you will
  • Remaining flexible
  • Collaborating with others

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 human.resources@ivari.ca

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

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