Director, Corporate Actuarial

Intact FC; Toronto; Hybrid; CAD 175,000 - 213,000; Full time

Benefits offered by this job

Flexible hybrid work model

Up to 5 extra days off per year

Wellbeing benefits: telemedicine, Well

Share plan & ESPP

Job summary

Intact FC is seeking a Director, Corporate Actuarial to lead our actuarial team and deliver strategic objectives. You will supervise actuarial studies, guide stakeholders, and shape training within the group.

Qualifications include a university degree in actuarial science or mathematics, FCIA/FCAS preferred, and 10+ years of actuarial experience with 4+ in management, plus P&C background. Hybrid work and strong performance-based rewards offered.

Qualifications

• University degree in Actuarial Science or Mathematics.
• FCIA or FCAS designation preferred.
• Minimum 10 years actuarial experience, including 4 at a management level.
• Professional experience in P&C insurance.
• Ability to work under pressure at all levels of the organization.
• Excellent oral and written communication skills.
• Ability to make strategic decisions independently and collaboratively.
• Leading by vision and values.
• Negotiating, driving engagement and developing strategic working relationships.
• Facilitate change through risk-taking.
• Influence at multiple management levels; bilingualism if in Quebec.
• No Canadian work experience required but eligible to work in Canada.

Responsibilities

• Manage team operations: plan and monitor optimal use of human resources.
• Represent Actuarial function on task forces and as point of contact for other units.
• Provide technical guidance on actuarial studies (reserve analysis, forecasts, regulatory reports).
• Lead performance reviews, training and coaching to achieve objectives.

Education

Actuarial degree in Math/Actuarial

FCIA or FCAS designation

Job description

Our employees are at the heart of everything we do. Together, we help people, businesses, and society prosper in good times and be resilient in bad times.

Our employee promise represents Intact’s commitment to you in exchange for living our Values, striving to do your best work, being open to change and investing in your career. In return, we promise to provide support, opportunities and performance-led financial rewards at a workplace where you can shape the future, win as a team and grow with us.

Pay at Intact is about much more than just salary.

• Flexible work arrangements and a hybrid work model

• Possibility to purchase up to 5 extra days off per year

• Multiple benefits offered to support physical and mental wellbeing, including telemedicine, Wellness account and much more

• Share plan & other savings: up to 12% of salary or even more (ask how you could earn guaranteed income for life)

Salary range (but not limited to):

174,500 - 213,300

Annual bonus target, based on the base salary, with a potential payout of up to double the target (subject to personal and company performance):

20%

As part of our commitment to Win As A Team , we share our success with employees through our annual bonus plan and Employee Share Purchase Plan (ESPP) – with Intact matching 50% of your net shares.

Our pension offerings provide flexibility and long-term security for our employees beyond their careers. We are one of the few companies offering the opportunity to receive guaranteed income for life via our defined benefit pension plan.

Salary for the candidate will be determined taking into consideration a number of factors including: experience, skills, qualifications, anticipated contribution to role, internal equity, etc. The salary range presented above is based on a 35-hour workweek and would represent a majority of different candidate profiles. However, we encourage candidates who may fall outside of this range to apply as well.

About the role

We’re looking for a Director, Corporate Actuarial to join our team!

Demonstrating a good understanding of actuarial concepts, the person holding the position is responsible for actuarial deliverables, developing and implementing strategic objectives, supervising activities by planning and distributing work, collaborating and communicating effectively with stakeholders to achieve strategic alignment and guiding the training and development of their team members.

What you will do here:

• Manage your team’s operations by organizing, planning and monitoring the optimal use of human resources in accordance with the company’s strategic objectives and priorities.
• Represent Actuarial function on company task forces / committees and act as a point of contact for other business units.
• Manage and provide technical guidance to your staff responsible for conducting actuarial studies and activities (reserve analysis, financial forecast, regulatory reports, etc.)
• Manage performance reviews, training and coaching of your team members in order to attain the company’s strategic objectives.

What you bring to the table:

• University Degree in Actuarial Science or Mathematics
• FCIA or FCAS designation preferred
• Minimum 10 years of actuarial experience, including 4 at a manager level
• Professional experience in P&C insurance
• Ability to work under pressure at all levels of the organization
• Excellent oral and written communication skills
• Ability to make strategic decisions independently and collaboratively
• Leading by vision and values
• Outstanding skills in negotiating, driving engagement, and developing strategic working relationships
• Ability to facilitate change through risk-taking
• Strong ability and political sense to influence various level of management
• For candidates located in Quebec, bilingualism is required considering the necessity to interact on a regular basis with English-speaking colleagues across the country
• No Canadian work experience required however must be eligible to work in Canada

#LI-Hybrid

Ce poste jouera un rôle essentiel au sein de notre équipe. | This position will fill an essential role in our team.

_ We are an equal opportunity employer _

At Intact, our Value of respect is founded on seeing diversity as a strength. We strive to create an accessible workplace where employees feel valued, included and encouraged to share their unique perspectives.

We encourage applications from individuals who are members of equity-deserving groups, including but not limited to women, Indigenous peoples, persons with disabilities, Black people, and members of the 2SLGBTQI+ community.

As part of Intact’s commitment to reconciliation, we acknowledge that we work, meet and travel across the land currently called Canada, originally inhabited by First Nations, Metis and Inuit people. This history extends through many centuries and continues to evolve today.

We have policies to ensure equal access and participation for people with disabilities, including providing workplace adjustments (accommodations). A copy of applicable policies is available on request.

Learn more about our recruitment process and your candidate journey here.

Please note that Intact does not provide sponsorship or other support for immigration-related matters including but not limited to employer-specific closed work permits. Candidates must be eligible to work in Canada from the anticipated start date and throughout their employment and are solely responsible for maintaining their work eligibility.