Senior Director, Corporate Actuarial – IFRS17 & SII

Munich Re Group; Toronto; On-site; CAD 120,000 - 190,000; Full time

Job summary

Munich Re Group in Toronto, Canada seeks a Director & Actuary to lead a skilled actuarial team through quarterly and annual financial reporting under IFRS 17 and Solvency II. You will verify reserve movements, prepare LICAT returns and explain results to the CFO and senior leadership.

The role focuses on capital optimization, profitability metrics, and strategic deal support across MR Group and its Canadian operations, with strong collaboration across departments.

Qualifications

• University degree in Actuarial Science, Finance, Statistics, or Mathematics.
• FSA/FCIA certification is required or in progress.
• 7+ years of experience in Canadian Life and Health insurance/reinsurance industry.

Responsibilities

• Lead a high-performance actuarial team through quarterly and annual financial reporting across IFRS 17 and Solvency II bases.
• Verify reserve movements and source of earnings analyses for accuracy.
• Prepare IFRS 17 and SII reports and LICAT returns; summarize results to executives.
• Develop capital optimization strategies and support large inforce transactions and structured deals.

Skills

Leadership

Financial modeling

Regulatory knowledge

Communication

Problem solving

Education

Actuarial degree

FSA/FCIA

Tools

AXIS

Datalink

Job description

Munich Re Group in Toronto, Canada seeks a Director & Actuary to lead a skilled actuarial team through quarterly and annual financial reporting under IFRS 17 and Solvency II. You will verify reserve movements, prepare LICAT returns and explain results to the CFO and senior leadership.

The role focuses on capital optimization, profitability metrics, and strategic deal support across MR Group and its Canadian operations, with strong collaboration across departments.