Senior Actuary - Life & Annuities Experience Studies

Pacific RE; Toronto; On-site; CAD 100,000 - 140,000; Full time

Job summary

Pacific Life is actively seeking a Senior Actuary for the Life & Annuities Experience Studies team. This role focuses on leading experience studies, utilizing advanced analytics, and collaborating with stakeholders to enhance the company’s actuarial capabilities. The position offers a balance of in-office and remote work, supporting career development in a collaborative environment.

Benefits

Competitive salaries

Work-life balance

Collaborative and inclusive culture

Social activities and events

Formal and informal mentoring

Learning and development options

Corporate Social Responsibility initiatives

Various clubs to join

Qualifications

• Bachelor’s degree in relevant fields required.
• FCIA or FSA designation mandatory.
• Ability to present complex information clearly.
• Strong time management and interpersonal skills.

Responsibilities

• Lead preparation of experience studies.
• Utilize predictive analytics and AI in analyses.
• Provide expertise for Product Strategy.
• Build relationships with key stakeholders.

Skills

Excellent written/verbal communication

Leadership skills

Organizational skills

Team collaboration

Education

Bachelor’s degree in Actuarial Science, Mathematics, or related fields

FCIA or FSA designation

Tools

Statistical computing software (R, Python, SQL)

Data visualization software (Tableau)

Data processing tools (Alteryx, Snowflake)

Job description

Job Title

Senior Actuary - Life & Annuities Experience Studies

Job Description

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. Why? Because it’s the right thing to do. Pacific Life is more than a job, it’s a career with purpose. It’s a career where you have the support, balance, and resources to make a positive impact on the future – including your own.

Pacific Life is investing in bright, agile and diverse talent to contribute to our mission of innovating our business and creating a superior customer experience. We’re actively seeking a talented Senior Actuary to join our Life & Annuities Experience Studies team in Toronto, Canada. This role would be hybrid, eventually requiring 4 days per week in office.

How you will make an impact:

• Lead the preparation of experience studies for assumption setting and present findings to working groups and senior management committees.

• Bring new emerging tools and analysis techniques such as predictive analytics, artificial intelligence, and machine learning into the development of experience studies.

• Provides technical expertise while considering modeling capabilities and potential downstream impacts. Strives for a harmonious balance between addressing business complexities and simplifying the implementation process.

• Provide expertise and insights into the Product Strategy, particularly as the company explores innovative new product types and new market opportunities. Recognize the sensitivity of assumptions and potential impact on financial statements.

• Build strong relationships with key stakeholders to ensure assumption approval and successful implementation.

• Create experience monitoring dashboards at the right granularity to report key insights and emerging trends to senior management. Implements process improvements, automation, and efficiencies where applicable.

• Work with external consultants to gather external industry data in order to validate assumptions and benchmark against competitors.

• Foster collaboration, manage expectations, and effectively communicate project updates, milestones, and risks.

• Provide leadership, guidance, and effective coaching to junior team members, if applicable.

The experience you will bring:

• Bachelor’s degree in Actuarial Science, Mathematics, Computer Science, Data Science, other related fields.

• Has an FCIA or FSA designation.

• Excellent written/verbal communication and leadership skills. Ability to present complex information in a clear and concise manner to various audiences, including senior management.

• Strong organizational, time management, and interpersonal skills.

• Ability to work collaboratively as part of a team.

What will make you stand out:

• Working knowledge of life & annuity insurance products and experience studies.

• Experience with statistical computing software (e.g. R, Python, SQL).

• Experience working with large data sets (e.g., Alteryx, Snowflake) and data visualization software (e.g. Tableau).

• Self-starter with ability to develop solutions by collaborating with multiple business partners.

Canadian benefits in our Toronto office start Day 1 and include:

• Competitive salaries

• Work-life balance

• Collaborative and inclusive culture

• Social activities and events

• Formal and informal mentoring

• Learning and development options

• Corporate Social Responsibility initiatives

• Lots of fun clubs to join!

#LI-JF1

-Works independently, receives minimal guidance.
-Acts as a resource for colleagues with less experience.
-May lead functional teams or projects.

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

• Competitive salaries

• Work-life balance

• Collaborative and inclusive culture

• Social activities and events

• Formal and informal mentoring

• Learning and development options

• Corporate Social Responsibility initiatives

• Lots of fun clubs to join!

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