VP, Corporate Actuarial

ivari Canada; Toronto; On-site; CAD 180,000 - 240,000; Full time

Job summary

ivari is seeking a highly experienced Vice-President, Corporate Actuarial to lead valuation and regulatory capital reporting. The role provides insights into financial performance and supports strategic decision-making with executive visibility at ivari and Sagicor.

You will mentor a high-performing actuarial team, oversee models and controls, and collaborate with Finance, Risk, and Investment groups to drive capital optimization and transformation initiatives.

Qualifications

• 15+ years of life insurance actuary leadership and governance experience.
• Deep knowledge of Canadian IFRS 17 and LICAT requirements.
• Expertise in valuation, financial reporting, and capital management.
• Strong leadership, communication, and stakeholder management abilities.

Responsibilities

• Lead actuarial valuation and regulatory capital reporting activities.
• Communicate movements in liabilities, earnings, and capital to senior management and auditors.
• Oversee methodologies, models, controls, and governance processes.
• Drive quarterly actuarial reporting, dashboards, and executive summaries.
• Partner with Pricing, Reinsurance, ALM, and Investment teams on initiatives.

Skills

Actuarial leadership

Valuation

Financial reporting

Capital management

IFRS 17

Education

FCIA

Actuarial science degree

Tools

AXIS

Risk Integrity

Job description

Welcome to ivari

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.

Welcome to ivari

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 ivari and 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

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.

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