Director & Product Actuary, Retail Actuarial
Location: Hybrid - Kingston or Toronto

Empire Life is looking to hire a Product Actuary with pricing experience in the Canadian Individual Life insurance market to join our Retail Actuarial team.
The Product Actuary is responsible for the actuarial pricing, profitability and risk analysis of Retail’s insurance products. An expert on all actuarial elements of the product life cycle (including pricing, reserving, capital management, modelling and risk analysis), the position will be responsible for ensuring sound pricing practices for Retail’s Individual Life and Health new business portfolio.
The position is guided by defined goals and objectives and works under the general direction of the Vice President, Retail Actuarial and Finance.

Why pursue this opportunity
Take on a new challenge - apply your actuarial expertise within a broad discipline team-based environment with the opportunity to make an impact.
Play an integral role - grow your skills, while directly contributing to the success of the business unit and company as a whole.
Have your voice heard -bring a fresh perspective that can challenge the status quo and highlight opportunities for improvement through creative and innovative thinking.

What you’ll be working on
Lead the pricing analysis, modelling and performance monitoring of Retail’s Individual Life and Health new business portfolio.
Act as a key member of Retail’s Product Development team collaborating with other areas of Retail (Product & Marketing teams, Operations teams) 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.
Supervision and coordination of Retail Actuarial employees’ product development work.
Act as a key liaison 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.
Collaborate with other areas of Empire Life; Insurance Response Team, Retail Insurance Marketing, Retail Operations, Risk Management and Corporate Actuarial.

What we’re looking for you to have
~ 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
~ Advanced working knowledge of spreadsheet, database and word processing software
~ Advanced knowledge of AXIS actuarial application
~ 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
~ If you are applying for a position which is open to applicants across Canada, unless otherwise indicated in the position, language proficiency in English is required for communicating with customers, advisors, and/or employees across Canada.


Beyond the salary
For regular full-time positions, Empire Life offers a comprehensive total rewards package that includes:
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 and a generous health expense account
Flexible work arrangements and an annual allotment of personal health days
Four weeks annual vacation from hire date
A defined contribution pension plan with generous employer matching
Top-up programs for parental leave and compassionate leave
Employer-sponsored wellness and recognition programs
A cash employee referral program
To learn more about working at Empire Life, visit .
Get to know us
Empire life is proud to be an equal opportunity employer. We celebrate diversity, are committed to creating an inclusive environment, and welcome everyone to participate in our application process. We encourage those of all backgrounds and experiences to apply, even if you don't believe you meet each unique qualification outlined. Applicants will receive equal consideration without regard to race, colour, religion, gender, gender identity or expression, sexual orientation, national origin, disability, or age.
Empire Life welcomes applications from people with disabilities and disabled people.