VP, Corporate Actuarial

IVARI; Toronto; On-site; CAD 180,000 - 260,000; Full time

Benefits offered by this job

Competitive compensation package

Job summary

ivari, a Canadian life and health insurance company, invites a Vice-President, Corporate Actuarial, to lead valuation and regulatory reporting. You will partner with executive leadership to drive performance, capital management, and transformation initiatives across ivari and Sagicor.

The role requires 15+ years in life insurance actuarial leadership, deep IFRS 17 and LICAT knowledge, and the ability to communicate complex concepts to diverse audiences. Hybrid/onsite Toronto options available.

Qualifications

• 15+ years of life insurance actuarial leadership experience.
• Experience in valuation, financial reporting, and capital management.

Responsibilities

• Lead valuation and regulatory capital reporting; ensure accuracy of actuarial liabilities and capital.
• Communicate movements in liabilities, earnings, and capital to senior management and auditors.
• Oversee methodologies, models, controls, and governance in actuarial functions.
• Mentor and develop a high-performing actuarial team.

Skills

Strategic leadership

Communication

Financial analysis

Stakeholder management

Analytical thinking

Negotiation

Business acumen

Mentoring

Education

FCIA (Fellow of the Canadian Institute of Actuaries)

University degree in actuarial science or related field

Tools

AXIS

Risk Integrity

Job description

Let us introduce ourselves. With 300+ employees across Canada,ivari is a company that’s making a difference in the world of life insurance. How? By finding and hiring employees who are passionate about helping people protect their families, and by giving them the best, most supportive workplace possible.

ivari is part of Sagicor Financial Corporation, a leading financial services provider based in the Caribbean, with a strong presence in North America. We offer a wide range of products and services, including life and health insurance, annuities, pension administration and investment services.

At ivari, everyone is welcome! It is our mission to attract, develop, and retain a workforce that is as diverse as the customers we serve and the communities in which we do business. We offer an inclusive and accessible work environment where all employees and customers feel valued, respected, and supported.

Here’s the job opportunity…

This position is an existing vacancy.

Reporting to the Senior Vice-President & Chief Actuary, the Vice-President, Corporate Actuarial is accountable for leading actuarial valuation and regulatory capital reporting for the Company. This role provides independent insights into financial performance, supports strategic decision-making, and ensures compliance with actuarial, accounting, and regulatory standards. The position has high visibility with executive leadership and plays a critical role in supporting business growth, capital management, financial performance, and transformation initiatives.

As the Vice-President, Corporate Actuarial, your key responsibilities will include…

• Partner with the SVP & Chief Actuary to establish and execute the vision and priorities for the valuation function
• Lead actuarial valuation and regulatory capital reporting activities, ensuring the accuracy and adequacy of actuarial liabilities and capital requirements
• Communicate movements in actuarial liabilities, earnings, and capital results to senior management and external auditors
• Oversee actuarial methodologies, models, controls, and governance processes and ensure industry best practices are maintained
• Lead experience studies and assumption reviews that provide insights into business performance and support the determination of actuarial assumption
• Help drive consolidated actuarial reporting for executive consumption at ivariand Sagicor, including quarterly reporting slides, income, and capital dashboards
• Provide insight into drivers of earnings, profitability, and capital performance to support strategic decision-making
• Partner with the Finance function to provide accurate and timely analyses, with relevant documentation, to support the financial reporting process
• Partner with Risk Management to support capital optimisation, enterprise stress testing, and risk appetite management activities
• Partner with Pricing, Reinsurance, ALM, and Investment teams on key actuarial, capital, and strategic initiatives
• Participate in projects as needed to advance ivari toward its strategic goals, including finance transformation projects
• Monitor emerging actuarial, accounting, and regulatory developments and lead implementation activities related to new standards and requirements
• Drive continuous improvement initiatives, modernization efforts, and process enhancements across the actuarial function
• Maintain effective relationships with internal and external stakeholders, including the Senior Leadership Team at ivari, industry groups and external auditors
• Lead, mentor, build and develop a team of highly skilled actuarial professionals while fostering a culture of accountability, collaboration, and continuous improvement
• Ensure resources are aligned with business priorities and strategic objectives

What we are looking for…

• Fellow of the Canadian Institute of Actuaries (FCIA)
• University degree in actuarial science, mathematics, statistics or a related field
• Minimum of 15 years of relevant life insurance experience with progressively senior actuarial leadership responsibilities
• Extensive experience in valuation, financial reporting, and capital management within a life insurance environment
• Deep knowledge of individual life products (including traditional life, universal life, critical illness, annuities and segregated funds). Excellent command of the drivers of profitability within a life and annuity business and financial/capital implications
• In-depth knowledge of Canadian life insurance financial reporting, actuarial valuation, and regulatory requirements under IFRS 17 and LICAT
• Superior organizational skills with the ability to effectively manage multiple and changing priorities
• Experience partnering with senior executives and communicating complex actuarial and financial concepts to diverse audiences
• Proven ability to build, lead, develop, and motivate high-performing actuarial teams
• Strong business acumen, strategic thinking, and commercial awareness
• Excellent analytical, communication, relationship management, negotiation, and influencing skills
• Experience with pricing, reinsurance, ALM, investments, AXIS, and Risk Integrity would be considered assets

What we pay…

An attractive total compensation package commensurate with the successful candidate's experience and qualifications.

Who you are…

Someone who enjoys a culture where everyone is genuinely respectful, and you can be your authentic self every day. Your contributions and opinions are not only sought but valued. You know the importance of, and live by, our core values of…

• Bringing clarity and focus to your work
• Taking ownership and doing what you say you will
• Remaining flexible
• Collaborating with others

Does this sound like you? We’re looking for great people to join our team!

Our commitment to inclusivity is reflected in the safeguards, policies, and commitments we have in place to remove barriers and provide equal opportunities to prospective and current employees, without discrimination.

A Human Resources representative is available to consult with applicants who require accommodation in the application or recruitment process. Any information shared by the applicant about an accommodation will be treated as confidential. If you do require an accommodation, please email [e-mail]

** ivari does not utilize AI in our recruitment process to screen, select, or assess applicants