VP, Corporate Actuarial

4 days ago

Toronto, ON, Canada ivari Canada Full-time
Welcome to ivari Let us introduce ourselves. With 300+ employees across Canada, ivari is a company that’s making a difference in the world of life insurance. How? By finding and hiring employees who are passionate about helping people protect their families, and by giving them the best, most supportive workplace possible.

Welcome to ivari Let us introduce ourselves. With 300+ employees across Canada, ivari is a company that’s making a difference in the world of life insurance. How? By finding and hiring employees who are passionate about helping people protect their families, and by giving them the best, most supportive workplace possible.

ivari is part of Sagicor Financial Corporation, a leading financial services provider based in the Caribbean, with a strong presence in North America. We offer a wide range of products and services, including life and health insurance, annuities, pension administration and investment services.

At ivari , everyone is welcome It is our mission to attract, develop, and retain a workforce that is as diverse as the customers we serve and the communities in which we do business. We offer an inclusive and accessible work environment where all employees and customers feel valued, respected, and supported.

Here’s the job opportunity… This position is an existing vacancy.

Reporting to the Senior Vice-President & Chief Actuary, the Vice-President, Corporate Actuarial is accountable for leading actuarial valuation and regulatory capital reporting for the Company. This role provides independent insights into financial performance, supports strategic decision-making, and ensures compliance with actuarial, accounting, and regulatory standards. The position has high visibility with executive leadership and plays a critical role in supporting business growth, capital management, financial performance, and transformation initiatives.

As the Vice-President, Corporate Actuarial, your key responsibilities will include…

Partner with the SVP & Chief Actuary to establish and execute the vision and priorities for the valuation function

Lead actuarial valuation and regulatory capital reporting activities, ensuring the accuracy and adequacy of actuarial liabilities and capital requirements

Communicate movements in actuarial liabilities, earnings, and capital results to senior management and external auditors

Oversee actuarial methodologies, models, controls, and governance processes and ensure industry best practices are maintained

Lead experience studies and assumption reviews that provide insights into business performance and support the determination of actuarial assumption

Help drive consolidated actuarial reporting for executive consumption at ivari and Sagicor, including quarterly reporting slides, income, and capital dashboards

Provide insight into drivers of earnings, profitability, and capital performance to support strategic decision-making

Partner with the Finance function to provide accurate and timely analyses, with relevant documentation, to support the financial reporting process

Partner with Risk Management to support capital optimisation, enterprise stress testing, and risk appetite management activities

Partner with Pricing, Reinsurance, ALM, and Investment teams on key actuarial, capital, and strategic initiatives

Participate in projects as needed to advance ivari toward its strategic goals, including finance transformation projects

Monitor emerging actuarial, accounting, and regulatory developments and lead implementation activities related to new standards and requirements

Drive continuous improvement initiatives, modernization efforts, and process enhancements across the actuarial function

Maintain effective relationships with internal and external stakeholders, including the Senior Leadership Team at ivari , industry groups and external auditors

Lead, mentor, build and develop a team of highly skilled actuarial professionals while fostering a culture of accountability, collaboration, and continuous improvement

Ensure resources are aligned with business priorities and strategic objectives

What We Are Looking For…

Fellow of the Canadian Institute of Actuaries (FCIA)

University degree in actuarial science, mathematics, statistics or a related field

Minimum of 15 years of relevant life insurance experience with progressively senior actuarial leadership responsibilities

Extensive experience in valuation, financial reporting, and capital management within a life insurance environment

Deep knowledge of individual life products (including traditional life, universal life, critical illness, annuities and segregated funds). Excellent command of the drivers of profitability within a life and annuity business and financial/capital implica