Director, Group Actuarial, Special Projects

3 days ago

Waterloo, Canada Equitable Life of Canada Full time
Director, Group Actuarial, Special Projects

At Equitable, we realize that your work life is not just about performing a job; it's about being part of a workplace that helps you grow and reach your full potential. Within our friendly and collaborative work environment, we recognize that the key to our growth and success is a dedicated, motivated and client-responsive staff. Join Equitable today.

Position Title: Director, Group Special Projects Reports To: VP, Group Finance and Actuarial
Department: Group Actuarial Term: Permanent Full-Time Work Arrangements: This is a hybrid role. You will work in our office in Waterloo, ON a minimum of two (2) assigned, consecutive days every other week, plus a fifth (5th) assigned day per month.

The Opportunity: Equitable is growing We are looking for a Director, Group Special Projects to join our Group Actuarial team This position plays a role in driving the growth and profitability of the Group Benefits line of business by contributing to the pricing and financial management functions for the division.

What you will be doing:

  • Direct pricing and product development initiatives
  • Pricing of Group Life & Health products, ensuring products are marketable and will contribute to the profitability of the company
  • Recommending pricing changes and assumption updates to address emerging experience trends and market changes
  • Ensuring the sound interpretation and application of actuarial theories and techniques
  • Data management and analytics
  • Review and recommend changes to existing standardized reporting
  • Develop new reporting to better identify risks or opportunities to Group’s growth and profitability
  • Identify opportunities and implement predictive analytics into the pricing basis
  • Review and update pricing adjustments that underwriters use to price quotes and renewals for plan design changes, missing data, etc.
  • Create or update tools used by underwriting to improve efficiency and/or to improve accuracy of pricing

What you will bring:

  • Degree in Mathematics or equivalent and completion of FSA, FCIA requirements is required
  • Minimum 5 years insurance experience, preferably including some experience in Group
  • Extensive knowledge of all aspects of the Group Life & Health business including Actuarial methods and Underwriting practices
  • Require technical competence in Excel and other actuarial tools
  • Ability to coach and mentor staff in both their professional and leadership development
  • Strong communication and interpersonal skills

What’s in it for you:

  • A healthy work-life balance with employee wellness top of mind
  • Annual bonus program, annual vacation allowance, and company-paid benefits program
  • An additional paid volunteer day each year so you can spend time giving back to the community
  • Immediate enrollment in the company’s pension program with employer matching
  • Employee resource groups that support an inclusive work environment
  • Tuition support and specialized program assistance
  • An onsite full-service cafeteria with a variety of daily options
  • Discounts on company products and services, and access to exclusive employee perks
  • Regular EQ Together events focused on company togetherness and collaboration

As part of the recruitment/offer process you will be required to:

  • Provide two professional references (minimum one supervisor and above)

This role is open due to an existing vacancy. To learn more about Equitable, we encourage you to explore our organization. At Equitable, we are committed to providing equal access to employment opportunities across our organization. Please contact our HR team at careers@equitable.ca if you would like to receive our job postings in an alternative format or require an accommodation with the application process.

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