Senior Manager Actuarial

1 month ago

Toronto, Canada Scotiabank Full time
Requisition ID: 196224

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Contributes to the overall success of the Insurance Canada division, ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team's business strategies and objectives. Ensures activities conducted comply with governing regulations, internal policies and procedures.

Is this role right for you? In this role, you will:

  • Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge
  • Be an actuarial Function lead and actuarial IFRS17 lead; responsibilities include:
    • Monthly running of New Business onerosity testing and complete the writeback process
    • Monthly running of the IFRS17 valuation models
    • Maintaining the IFRS17 models and develop enhancements as needed
    • Conduct annual Experience Studies and Assumption updates
    • Ownership of the Bulk accounting process
    • Review Financial results from Risk Integrity for reasonableness
  • Support IFRS17 reporting process by collaborating with various functions of the company including optimizing roles and responsibilities with IT and Finance divisions
  • Take ownership of capital calculations including LICAT calculations, EWST and dividend recommendations
  • Package financial reporting and work with external Appointed Actuary
  • Support Actuarial Pricing staff as it relates to IFRS17
  • Assist senior management with data analysis for business insights
  • Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions
  • Actively pursues effective and efficient operations of the respective areas in accordance with Scotiabank's Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk
  • Champion a high-performance environment and contributes to an inclusive work environment


Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:

  • Fellowship in the Canadian Institute of Actuaries or Society of Actuaries
  • Insurance product knowledge - creditor and direct-to-consumer products
  • Experience with insurance product analysis including lapse and mortality studies
  • Experience with IFRS17 valuation and reporting
  • Proficiency in advanced excel and Moody's AXIS and Risk Integrity software
  • Proficiency in analytics software including PowerBI is an asset.
  • Strong technical and stakeholder management skills


Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

  • Senior Manager Actuarial

    1 month ago

    Toronto, Canada Scotiabank Full time

    Is this role right for you? In this role, you will: Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge Be an actuarial Function lead and actuarial IFRS17 lead; responsibilities include: Monthly running of New Business onerosity testing and complete the writeback process...

  • Senior Manager Actuarial

    2 weeks ago

    Toronto, Ontario, Canada Scotiabank Full time

    Requisition ID: 196224Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Contributes to the overall success of the Insurance Canada division, ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team's business strategies and objectives. Ensures activities...

  • Manager Actuarial Services

    1 month ago

    Toronto, Canada Workplace Safety and Insurance Board Full time

    As a member of the actuarial management team, lead and manage a team of actuarial staff, in delivering reliable, accurate, comprehensive and timely actuarial services to internal and external clients. Core actuarial services includes valuation of benefit liabilities, funding, financial forecasting, premium rate setting, administration rate setting, benefit...

  • Senior Manager Actuarial

    1 month ago

    Toronto, Canada Scotiabank Full time

       Requisition ID: 196224Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Contributes to the overall success of the Insurance Canada division, ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures...

  • Senior Manager Actuarial

    2 weeks ago

    Old Toronto, Ontario, Canada Scotiabank Full time

    Press Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Requisition ID: 196224Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Contributes to the overall success of the Insurance Canada division, ensuring specific individual goals, plans, initiatives are executed /...

  • Senior Manager Actuarial

    1 week ago

    Old Toronto, Canada Scotiabank Full time

    Press Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Requisition ID: 196224Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Contributes to the overall success of the Insurance Canada division, ensuring specific individual goals, plans, initiatives are...

  • Senior Actuary

    2 weeks ago

    Toronto, Ontario, Canada Aon Full time

    As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of our Actuarial & Analytics business group within Aon Risk Solutions, in Toronto, Ontario, or elsewhere with travel. As a Senior Vice President & Senior Actuary , you will report directly to Senior Vice President &...

  • Actuarial Manager

    3 weeks ago

    Toronto, Canada TD Bank Full time

    **Work Location**:Toronto, Ontario, Canada **Hours**:35 **Line of Business**:Data & Analytics **Pay Details**: **Department Overview** TDI Insurance Risk Management (IRM) is accountable for the IRM program across TDI, relying on key activities and deliverables embedded within the accountabilities of business process, risk and control owners (first line)....

  • Senior Manager, Actuarial

    1 month ago

    Toronto, Ontario, Canada TD Bank Group Full time

    Work Location:Toronto, Ontario, CanadaHours:37.5Line of Business:Data & AnalyticsPay Details:We're committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.Job Description:KEY...

  • Senior Actuarial Associate/Associate Actuary

    2 weeks ago

    Toronto, Ontario, Canada Company 1 - The Manufacturers Life Insurance Company Full time

    DescriptionThe opportunityOverview:Reporting to the US IFRS Valuation Line Actuary, the Senior Actuarial Associate/Associate Actuary is a crucial member of the IFRS Valuation team. They are in charge of valuation, earnings analysis, and reporting activities for the US LTC products. This role presents an excellent chance to take ownership of earnings analysis...

  • Senior Actuarial Associate/Associate Actuary

    2 weeks ago

    Toronto, Ontario, Canada Manulife Insurance Malaysia Full time

    Senior Actuarial Associate/Associate Actuary page is loaded Senior Actuarial Associate/Associate Actuary Apply locations CAN, Ontario, Toronto, 200 Bloor Street East USA, Massachusetts, Boston, 200 Berkeley Street CAN, Ontario, Waterloo, 500 King Street North time type Full time posted on Posted Yesterday job requisition id JR We are a leading financial...

  • Senior Life Actuary

    1 month ago

    Toronto, Canada Pryor Associates Executive Search Full time

    Senior Life Actuary opening in Toronto. Manage team of 5 actuaries responsible for strategic navigation of IFRS and related valuation processes; lead team to proactively identify key drivers and implement areas of improvement. Ideal candidate is FSA, near FSA, or career ASA with 10+ years of Life actuarial experience including GAAP, STAT, TAX, or IFRS...

  • Senior Life Actuary

    5 days ago

    Toronto, Canada Pryor Associates Executive Search Full time

    Senior Life Actuary opening in Toronto. Manage team of 5 actuaries responsible for strategic navigation of IFRS and related valuation processes; lead team to proactively identify key drivers and implement areas of improvement. Ideal candidate is FSA, near FSA, or career ASA with 10+ years of Life actuarial experience including GAAP, STAT, TAX, or IFRS...

  • Senior Actuary

    2 weeks ago

    Toronto, Ontario, Canada North American Search Group Full time

    Lead/support the pricing of new/renewal business and development of effective premium/rating structures in complex environments and lines of Business.Manage profit margins on new and renewal business and lead analyses related to tracking, improving and monitoring portfolio performance.Coordinate, prepare and perform actuarial analyses including trend...

  • Senior Actuary

    2 weeks ago

    Toronto, Ontario, Canada Aon Corporation Full time

    As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of our Actuarial & Analytics business group within Aon Risk Solutions, in Toronto, Ontario, or elsewhere with travel. As a Senior Vice President & Senior Actuary, you will report directly to Senior Vice President &...

  • Senior Actuary

    1 month ago

    Toronto, Canada Aon Corporation Full time

    As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of our Actuarial & Analytics business group within Aon Risk Solutions, in Toronto, Ontario, or elsewhere with travel. As a Senior Vice President & Senior Actuary, you will report directly to Senior Vice President &...

  • Senior Actuary

    1 month ago

    Toronto, Ontario, Canada Aon Corporation Full time

    As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of our Actuarial & Analytics business group within Aon Risk Solutions, in Toronto, Ontario, or elsewhere with travel. As a Senior Vice President & Senior Actuary, you will report directly to Senior Vice President &...

  • Senior Life Actuary

    2 days ago

    Toronto, Canada Pryor Associates Executive Search Full time

    Senior Life Actuary opening in Toronto. Manage team of 5 actuaries responsible for strategic navigation of IFRS and related valuation processes; lead team to proactively identify key drivers and implement areas of improvement. Ideal candidate is FSA, near FSA, or career ASA with 10+ years of Life actuarial experience including GAAP, STAT, TAX, or IFRS...

  • Senior Life Actuary

    1 month ago

    Toronto, Canada Pryor Associates Executive Search Full time

    Senior Life Actuary opening in Toronto. Manage team of 5 actuaries responsible for strategic navigation of IFRS and related valuation processes; lead team to proactively identify key drivers and implement areas of improvement. Ideal candidate is FSA, near FSA, or career ASA with 10+ years of Life actuarial experience including GAAP, STAT, TAX, or IFRS...

  • Senior Life Actuary

    1 month ago

    Toronto, Canada Pryor Associates Executive Search Full time

    Senior Life Actuary opening in Toronto. Manage team of 5 actuaries responsible for strategic navigation of IFRS and related valuation processes; lead team to proactively identify key drivers and implement areas of improvement. Ideal candidate is FSA, near FSA, or career ASA with 10+ years of Life actuarial experience including GAAP, STAT, TAX, or IFRS...