Head of ALM Reporting, Canada Life Reinsurance

Irish Life Group Services Limited; Dublin; Hybrid; EUR 150,000 - 190,000; Full time

Benefits offered by this job

Hybrid work model

Competitive salaries & bonuses

Wellbeing initiatives

Job summary

Canada Life Reinsurance (CLRe) seeks a senior leader to establish and run a centralised ALM Reporting team in Dublin. This role drives the end-to-end ALM and asset reporting, governance, and cross-functional collaboration to support strategic decisions.

The successful candidate will manage skilled ALM professionals, own asset and liability reporting, and partner with asset strategy and balance sheet optimisation leads to deliver value across the organisation.

Qualifications

• Proven leadership of ALM teams with strong governance and collaboration.
• Deep understanding of assets, liabilities and ALM exposures across the full value chain.
• Experience with financial reporting, IFRS, LICAT, Solvency II and liquidity reporting for (re)insurance.

Responsibilities

• Build and lead a high-performing ALM reporting team.
• Own end-to-end ALM and asset reporting for board and committees.
• Coordinate with asset strategy and balance sheet optimisation leads.
• Integrate data from multiple sources and communicate insights to senior stakeholders.
• Drive cross-functional collaboration and continuous process improvement.

Skills

Leadership

ALM knowledge

Strategic thinking

Communication

Stakeholder management

AI awareness

Education

Actuarial qualification

10+ years post‑qualification experience

Job description

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Head of ALM Reporting, Canada Life Reinsurance

Location:

Dublin, IE

Description:

Full Time Permanentposition
Hybrid role based in our City Centre offices

What we offer

We have embraced a hybrid working model for most of our positions, which means that you can enjoy a balanced approach of working from home for part of the week and working from the office for the remainder of the week.

We offer a comprehensive benefits package including competitive salaries and bonuses, robust Learning and Development support, excellent Defined Contribution pension and comprehensive Wellbeing initiatives and support to name but a few.

Further details on our benefits package can be accessed hereBenefits ( life-careers.com )

Role Overview

Following a sustained period of strong growth, Canada Life Reinsurance (CLRe) has built a significant and increasingly complex portfolio of reinsurance transactions. To support the scale and complexity of the business, CLRe has established a centralised ALM and Balance Sheet Management function that brings an enterprise balance sheet view to strategic and commercial decision‑making.

This is a senior leadership role that will set out and execute on a vision for a new centralised asset and ALM Reporting team. This includes people, processes, systems and the associated cross functional relationships.

What you will help us to achieve

Reporting to the Head of ALM and Balance Sheet Management, the successful candidate will:

• Build, lead and develop a high-performing team of ALM professionals, setting clear standards and fostering accountability, collaboration, inclusion and continuous development.
• Maintain a deep, continuous, end-to-end understanding of CLRe’s assets, liabilities and associated ALM exposures.
• Play a central role in CLRe’s financial and capital reporting, working collaboratively with the relevant function heads, and specifically the production of the asset and ALM reporting. This includes:
  • Balance sheet segmentation management
  • Asset data and asset cash flow projections
  • ALM risk measurement
  • Assimilation and attribution of in-period investment and economic experience
  • Asset and ALM reporting for economic, financial, capital, liquidity, risk and management reporting
  • Asset and ALM inputs into transaction collateral management and reporting
• Integrate information from multiple sources, identify actionable insights, synthesise key messages, and communicate effectively with key senior stakeholders.
• Partner closely with the Asset Strategy and the Balance Sheet Optimisation leads to identify, structure and execute end-to-end ALM and investment value-generative activity for CLRe and Great-West.
• Produce and present relevant ALM reporting materials for boards and committees as required.
• Assess and quantify reporting and operational impacts of potential changes to portfolio make-up, assumptions, processes and systems.
• Monitor and keep up to date with relevant CLRe, Great-West, industry, and regulatory activity. Assess the potential implications and opportunities for CLRe and take action as necessary.
• Lead by example within the CLRe ALM community, contributing to the development of strategy, standards and ways of working.
• Engage with centres of expertise across Great-West to ensure methodological consistency and represent CLRe at relevant internal and external forums and committees.

What you will need to be successful in the role

• A recognised actuarial qualification with typically 10+ years of post‑qualification experience.
• Experience in data management, systems and governance for investment and ALM data including lineage, quality, access controls, and audit trails.
• Demonstrated experience of Financial (IFRS), capital such as LICAT, Solvency 2, ALM and liquidity reporting for (re)insurance companies and in particular how underlying experience and assumption changes materialises through earnings, capital and liquidity.
• Strong understanding of investment and ALM risks, including interest rate, inflation, currency, liquidity, deployment, and reinvestment risk.
• Strong knowledge of asset–liability management principles and practices including matching, cash flow-driven ALM, and LDI approaches.
• Knowledge of international reinsurance and investment markets, products, and industry trends.

Person Specification

The ideal candidate will have an excellent blend of leadership capability, technical depth and commercial awareness and will demonstrate:

• A strategic and entrepreneurial mindset that fosters high-performance and delivers sustainable results whilst maintaining governance standards.
• Commercial focus and intellectually agility, with the ability to balance opportunity, risk, control and delivery priorities across complex workstreams.
• Strong systems thinking and experience shaping operating models, processes, data and technology, with a focus on simplification, automation and scalable delivery.
• An appetite to explore and apply modern AI‑enabled techniques and new ways of working.
• A collaborative mindset, with a demonstrated ability to build trust and align stakeholders across functions without relying on direct authority.
• Excellent judgement and problem-solving skills, with the ability to manage multiple complex workstreams in parallel.
• Excellent communication skills with the ability to translate complex concepts into clear, concise, relevant insights for different audiences.
• High personal integrity with the confidence to challenge constructively.
• A willingness to travel occasionally is required.

About us

Canada Life Reinsurance (CL Re) is a division of Great-West Lifeco Inc. (Lifeco) and a leading provider of client focused reinsurance solutions in the United States, Europe and Asia. CL Re offers a range of innovative risk and capital management solutions covering mortality, longevity, health, lapse, investment, non-life and P&C risk for insurers, reinsurers, and pension funds. CL Re is continuing to expand the solutions it offers to new and existing clients in many global markets.

CL Re has offices in Dublin, Toronto, Philadelphia, Bermuda, Barbados, and Regina. The Dublin office is the base for CL Re’s European and Asian operations as well as the Irish reinsurance entity, Canada Life Re Ireland dac (CLReI). It comprises approximately 180 reinsurance professionals, including 120 actuaries and trainee actuaries. It is a proactive, inspiring, and friendly environment where talent and hard work are recognised and rewarded.

Lifeco is a Canadian headquarter, international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management, and reinsurance businesses. Lifeco and its companies have approximately 33,000 employees, $3.3 trillion in consolidated assets under administration and a capital ratio (LICAT) of 128% (as at 31/12/2025).

As a Company we are committed to a diverse and inclusive workplace where employees can thrive and reach their full potential.

The company reserves the right to draw up a shortlist as part of the selection process. Where Agency assistance is required the Canada Life Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Canada Life Reinsurance by Recruitment Agencies will not be accepted for this role.

Canada Life Group Services is proud to be an Equal Opportunities employer. We have created an environment of inclusion and growth to help people achieve their potential, to ensure they can bring their whole selves to work and to feel valued. We celebrate diversity of thought and perspective and want all of our employees to feel valued, respected and supported. We have built a culture that promotes equality and inclusion for all of our current and future employees and strive to ensure that our behaviours, processes and practices are aligned to this culture.

If you require any accommodations during the recruitment process please contact [e-mail] and we will be delighted to ensure you are fully supported to be your best.

CLGS supports Equal Opportunity and is regulated by the Central Bank of Ireland.