Director & Product Actuary, Retail Actuarial

5 days ago

Kingston, Ontario, Canada THE EMPIRE LIFE INS. CO Full time

**Director & Product Actuary, Retail Actuarial**

This is an opportunity to apply actuarial expertise within a broad discipline team-based environment, making a significant impact on the success of the business unit and company.

The ideal candidate will lead the pricing analysis, modelling, and performance monitoring of Retail's Individual Life and Health new business portfolio, and collaborate with other areas of Retail to review new product opportunities and changes to existing products.

  • Pricing analysis, modelling, and performance monitoring of Retail's Individual Life and Health new business portfolio.
  • Collaborate with Retail's Product Development team to review new product opportunities and changes to existing products.
  • Present pricing and risk management recommendations to Retail senior management teams.
  • Act as actuarial subject matter expert on in-force product reviews.
  • Supervise and coordinate Retail Actuarial employees' product development work.
  • Collaborate with reinsurance partners to support ongoing product development of Retail's Individual Life and Health new business portfolio.
  • Ensure all pricing activities are compliant with relevant corporate policies.

**Requirements**

  • Completion of FSA and/or FCIA designation.
  • 8-10 years of relevant work experience in actuarial roles within the life insurance industry.
  • Advanced actuarial and modelling skills, including practical experience in the pricing of insurance products.
  • Strong written and verbal communication skills.
  • Strong influencing skills and the ability to develop recommendations that balance competing objectives.
  • Strong organizational skills with ability to manage multiple competing priorities.
  • Working knowledge of accounting standards and regulatory capital requirements for the Canadian life insurance industry.

**What We Offer**

  • Competitive salaries with annual pay increases.
  • Annual bonus program, which recognizes both strong company performance and individual contributions.
  • A comprehensive employer-funded benefits package that includes life insurance, disability, health, and dental coverage.
  • Flexible work arrangements and an annual allotment of personal health days.
  • A defined contribution pension plan with generous employer matching.

Empire Life is proud to be an equal opportunity employer, committed to creating an inclusive environment, and welcomes everyone to participate in our application process. We celebrate diversity and encourage those of all backgrounds and experiences to apply.

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