AVP, Business Proposition Enablement

Pacific Asset Management, LLC; Toronto; On-site; CAD 160,000 - 187,000; Full time

Benefits offered by this job

Leave 23 days of annual leave

Fertility leave

Generous parental leave

Healthcare

Group Life Insurance and AD&D

Dental & Optical benefits

RRSP matching

Wellness program

Subsidized gym membership

Time off for volunteering

Charitable matching

Job summary

Pacific Life Re is seeking an AVP, Business Proposition Enablement to drive product proposition development and enablement for North America. The role collaborates with Pricing, Underwriting, Risk, and Operations, leading market research, new product initiatives, and end-to-end deal execution while maintaining strong client engagement and governance.

The candidate will partner with the Global Enablement Team, manage risk assessments, and deliver strategic business papers and MI packs to support

Qualifications

• At least 7 years of life (re)insurance industry experience.
• Strong analytical skills with judgement and commercial awareness.
• Excellent written and verbal communication and presentation abilities.

Responsibilities

• Lead communications with Pricing, Risk and Underwriting teams on technical aspects of new product initiatives.
• Develop new market propositions and ensure end-to-end processes with internal teams for new business and in-force initiatives.
• Support VP, Client Solutions to create assets and concepts and build a strong deal pipeline.

Skills

Analytical skills

Leadership

Communication skills

Interpersonal skills

Commercial judgement

Data analysis

Decisiveness

Team collaboration

Job description

Job Title AVP, Business Proposition Enablement Job Description

The AVP, Business Proposition and Enablement role within the North America Client Solutions Team is responsible for: Product/Market Proposition development to support the strategy and growth targets in North America Supporting client enablement activities such as new business flow and inforce quotes, inforce account management (working with Operations, Corporate Actuarial, R&D etc), execution of treaties and addendums Leading and providing technical support for risk, pricing, and underwriting perspectives on client related requests. You will develop deep knowledge on clients’ requirements, internal policies, internal processes, and market trends. You will be one of the main clients contact points for Pricing, Underwriting, and Risk teams in relation to technical aspects of new product initiatives. Working closely with the Global Enablement Team, Conducting new market, segment and proposition development for North America to identify growth opportunities beyond those already within our existing plans: Develop new products and propositions based on market research, quote activities, and clients’ strategic needs. Manage end-to-end processes including internal teams responsible for technical assessment, risk approvals, and compliance perspectives. Lead communications with internal Pricing, Risk and UW teams. Support preparation and presentation of risk papers and Management Information packs, including DRMC approval documents and Quarterly Business Reports. Development of initial stage gates and fail fast criteria Client and other external interactions: Supporting the North America front office team and other stakeholders in external meetings and workshops to understand clients’ needs and assist in new opportunities and proactive solutions/pitches. Drive interactions with external partners and SMEs such as consultants, insurers and reinsurers to understand trends and to identify new product propositions. Perform regular market research to support new potential initiatives and market trends to identify client opportunities. Support VP, Client Solutions to create assets and concepts to build and maintain a strong deal pipeline to achieve growth targets. Support cross-functional deal teams, including Pricing, Underwriting & Claims, Legal and Operations representatives, to ensure alignment and timely client delivery of new business and in-force initiatives. Support Client Solutions delivery of internal processes and reporting related to new business.

Strategy

Work closely with the North America leadership to understand the business strategy to develop business proposition strategy for North America. Work closely with technical teams to execute strategy. Develop objectives and key results.

Essential Qualifications & Experience Knowledge

At least 7 years of life (re)insurance industry experience Strong analytical skills, combined with sound judgement and commercial awareness, to produce justifiable and practical business case even where information is sparse or not available Proficiency extracting, manipulating, analyzing and drawing conclusions from data. Leadership Skills Proven track record in developing strategies and seeing them through to successful execution Very strong communication (written and verbal) and presentation skills, and ability to deliver difficult/challenging messages Strong interpersonal skills to influence and lead others regardless of reporting lines Ability to quickly cut through detail and focus on what is important, being decisive and accountable Commercial Judgement Strong analytical skills combined with sound judgement, commercial awareness and business acumen Ability and desire to communicate with business customers at all levels across the business and to work well within a team environment Organized, conscientious, and deadline focused with an attention to detail Ability to manage competing demands and deal with non-standard and unstructured requests, at short notice Motivated to take ownership of work and to seek further responsibility

Desirable Experience

Product development and/or Pricing experience Technical background in Actuarial, Underwriting, Finance Client Solution Experience in a B2B environment Risk Management

Risk Management Responsibilities

The role holder is responsible for ensuring a strong risk culture exists within the North America Protection team. The key risk management responsibilities include: Demonstrating awareness and understanding of risk policies, key risks and associated controls and how North America meets the global goals; Translating risk management principles and objectives into priorities, processes and activities that make sense to team members; Fostering a culture of risk management in the team through training and performance management. Taking a pro-active approach to identifying, fixing and learning from control failures. Where relevant, report and effectively manage issues and/or loss events as they arise.

Salary

Salary: $160, 290.00- $187,005 CAD Compensation Range The compensation range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location.

Working For Pacific Life Re

Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes. Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.

Benefits

• Leave 23 days of annual leave (Regular employees) with option to buy or sell more days
• Fertility leave
• Generous parental leave
• Healthcare Group Life Insurance and Accidental Death & Dismemberment coverage for all permanent employees
• Dental & Optical benefits
• Savings & Retirement RRSP: company-matched contributions
• Wellness Employee and Family Assistance Program
• Subsidized gym membership
• Time off for volunteering
• Charitable matching of employee donations

Diversity and Inclusion

As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.

Pacific Life Re Values

Please click here to view our company values

Use of AI

As part of our commitment to a fair and efficient hiring experience, we want to inform you that we may use artificial intelligence (AI) tools to assist in reviewing resumes, and during the assessment process, including through platforms like HireVue. These tools help us identify relevant qualifications and streamline evaluations, but final decisions are always made by our hiring team. At Pacific Life Re, our vision is to bring an innovative and dynamic approach to the marketplace. Our global team is not afraid to disrupt and challenge industry thinking to provide the best life and health reinsurance services possible. Working in some of the most complex and fast-moving markets has taught us that knowledge and innovation go hand in hand. Today, we are continuing our rapid growth internationally with offices across Europe, Asia, North America, Australia, and Bermuda. With over 1000 employees across the globe, we take pride in our inclusive culture, underpinned by our values and behaviours, providing an environment where everyone can grow and develop.