Senior Actuary - Actuarial Enterprise Projects

Pacific Life Re; Burlington; Hybrid; CAD 100,000 - 130,000; Full time

Job summary

A leading insurance company is seeking a Senior Actuary to manage complex actuarial projects. You will collaborate with various teams to implement enterprise-wide actuarial initiatives and train junior staff. Ideal candidates will have 6+ years of experience, an FSA designation, and strong communication skills. This role offers generous benefits including extensive leave, healthcare coverage, and an inclusive work environment.

Benefits

23 days of annual leave

Group Life Insurance

Subsidized gym membership

Employee and Family Assistance Program

Qualifications

• 6+ years actuarial experience is required.
• Working knowledge of reporting frameworks is essential.
• Experience in understanding and optimizing work processes.

Responsibilities

• Lead and manage complex actuarial projects.
• Drive implementation of new actuarial reporting requirements.
• Train and mentor junior actuarial staff.

Skills

Communication skills

Organizational skills

Strategic planning

Change management understanding

Education

4-year degree or equivalent experience

FSA designation

Tools

PowerPoint

Tableau

PowerBI

Job description

Overview

Job Title: Senior Actuary - Actuarial Enterprise Projects

Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead – our policyholders count on us to be there when it matters most. It’s a big ask, but it’s one that we have the power to deliver when we work together. We collaborate and innovate – pushing one another to transform not just Pacific Life, but the entire industry for the better. This is Pacific Life – a career with purpose and the support to make a positive impact on the future.

We’re actively seeking a talented Senior Actuary to join our Enterprise Project Team in our Toronto, ON, Newport Beach, CA, or Omaha, NE offices.

Team and scope: As a Senior Actuary you’ll play a key role in Pacific Life’s growth and long-term success by primarily executing critical enterprise-wide projects. This role will be within Enterprise Actuarial and may involve collaborating with teams across the enterprise on a variety of actuarial projects.

Responsibilities

• Lead and manage complex actuarial projects, ensuring timely and accurate completion.
• Provide support across enterprise actuarial transformation efforts leading to efficiencies.
• Drive consistent enterprise-level implementation of new actuarial reporting requirements and methodologies under external or internal reporting bases.
• Support implementing model development projects, conversions and large-scale changes.
• Ensure appropriate stakeholder management through presentations to senior management, summarizing findings and providing actionable recommendations.
• Communicate complex actuarial concepts and results to non-actuarial stakeholders in an understandable manner.
• Implement required new regulatory changes involving actuarial responsibilities.
• Support the execution of large reinsurance transactions.
• Provide resource backfill support across Enterprise Actuarial.
• Train and mentor junior actuarial staff, fostering professional development and ensuring high-quality work.

Experience and Qualifications

• A working knowledge of various reporting frameworks including regulatory and management reporting; economic value/economic capital, risk-neutral and real-world liabilities, best estimate, and padding of assumptions.
• Experience in understanding and optimizing various work processes.
• Proven expertise in strategic planning and time management, ensuring timely delivery of projects and meeting deadlines consistently.
• Knowledge of model development platforms and data processes.
• Familiarity with synthesizing messaging via visual software including PowerPoint and Tableau/PowerBI.
• Senior Actuary qualifications: 6+ years actuarial experience, 4-year degree or equivalent experience, and FSA designation.

What makes you stand out

• Ability to work in a fast-paced, dynamic environment with high ambiguity during periods of change.
• Strong communication and interpersonal skills, with the ability to build effective relationships and collaborate.
• Understanding of change management and its importance in delivering successful transformation.
• Highly organized and delivery-focused.
• Self-starter, solution-based thinker.

Workstyle and Culture

You can be who you are. People come first here. We’re committed to an inclusive workforce. We create a welcoming work environment at Pacific Life. For more, visit our website and social channels.

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

EEO and Accessibility

As part of our commitment to diversity and inclusion, we provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so we can discuss suitable adjustments.

Pacific Life Re Values

View our company values to learn more about our culture and expectations.