Senior Director Actuarial, Finance & Life Insurance Performance

PRI Technology; Mississauga; Hybrid; CAD 120,000 - 180,000; Full time

Job summary

A major firm in Mississauga is seeking a Senior Director, Actuarial, Finance & Life Insurance Performance Specialist. This pivotal role involves leading financial planning, analysis, and support for the executive insurance team. Candidates must have extensive experience and strong leadership skills, along with proficiency in financial reporting and team management. The position offers a hybrid work schedule with a focus on strategic decision-making in insurance finance.

Qualifications

• Over seven years in management reporting and financial analysis.
• Strong familiarity with IFRS 17.
• Experience in team and people management across diverse groups.

Responsibilities

• Lead Performance Management & Business Decision Support function.
• Provide actionable financial analysis and insights to senior leaders.
• Ensure compliance with regulatory and accounting standards.

Skills

Financial Planning and Analysis

Management Reporting

Leadership

Analytical Skills

Problem-Solving

Interpersonal Skills

Data Mining

Education

CPA

CFA

Finance MBA

Tools

Microsoft Excel

Microsoft PowerPoint

Forecasting Tools

Job description

Job Title: Senior Director, Actuarial, Finance & Life Insurance Performance Specialist

My name is Bill Stevens, and I have a new full-time opportunity for a Senior Director, Actuarial, Finance & Life Insurance Performance Specialist, at a major firm in Mississauga, Ontario, Canada. The work schedule will be hybrid, with three days in the office and two days remote.

Synopsis:

The Senior Director, Actuarial & Finance Specialist, Insurance Performance Management & Business Decision Support, will be a key member of the firm's Insurance Finance leadership team. Responsibilities include financial planning and analysis, management reporting, business case modeling/analysis, and supporting the insurance executive team. The candidate will manage a team providing value-added, timely, and accurate reporting, forecasting, and key metric information to support strategic decision-making.

Qualifications:

• Experience with IFRS 17 (International Financial Reporting Standard 17).
• Background in Insurance, preferably life insurance, group benefits, or both.
• Over seven years of experience in management reporting, analysis, and/or FP&A, including development of key metrics and business drivers.
• Strong skills in Microsoft Excel and PowerPoint, with data mining abilities and familiarity with new technologies for financial data delivery.
• Proven team and people management skills, with leadership ability across diverse groups.
• Analytical skills with a keen sense of numbers, capable of multitasking and managing high-pressure requests.
• Excellent leadership, interpersonal skills, and stakeholder influence.
• Strong organizational, analytical, and problem-solving skills.
• Ability to exercise independent judgment and adapt quickly to new tasks.

Preferred but Not Required:

• CPA, CFA, or Finance MBA.
• Understanding of actuarial concepts, accounting, or valuation.
• Experience in insurance FP&A, actuarial, or reporting functions.
• Financial modeling skills, including understanding of statistics and risk.
• Experience with reporting or forecasting tools implementation.

Responsibilities:

• Establish and lead the Performance Management & Business Decision Support function, collaborating with peers to leverage best practices.
• Manage financial performance information for the Insurance business, providing analysis and actionable insights to senior leaders including the CEO, COO, and CFO.
• Develop complex presentations to support executive decision-making.
• Provide analysis and recommendations on financial resource utilization, including sales, expenses, and strategic initiatives.
• Coordinate forecasts, annual plans, 5-year outlooks, and line of business reviews, including stress-testing exercises.
• Oversee benchmarking and peer comparisons, presenting findings to senior management.
• Support various insurance programs with financial advisory services.
• Foster an engaged, innovative team environment focused on data-driven financial analysis.
• Ensure compliance with regulatory and accounting standards (e.g., OSFI, IFRS) in all financial planning and analysis.
• Serve as key finance contact for the Insurance platform, ensuring timely and insightful reporting to meet stakeholder needs.

The process will include an initial phone or virtual interview screening. Please indicate your interest, availability for interviews and start date, along with a recent resume.