Actuarial Associate, Strategic Initiatives

4 months ago


Montréal QC, Canada Sun Life Full time

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Sun Life’s Defined Benefit Solutions (DBS) business develops and implements innovative de-risking solutions for defined benefit pension plans. The Actuarial Associate, Strategic Initiatives supports this growing business and reports to the Associate Director, Strategic Initiatives, Defined Benefit Solutions.

**What will you do?**

The Actuarial Associate will have the following accountabilities:
**Innovation & Solution development**
- Explore and contribute to innovative solutions supporting the DBS growth strategy by working closely with internal partners
- Support investigations into how to differentiate DBS’ product offering from that of its competitors
- Collaborate on the execution of key Innovation Lab feasibility studies by conducting research, drafting studies and providing recommendations on next steps
- Support the implementation of promising feasibility studies by partnering with other DBS teams

**Inforce management**
- Partner with the Structuring, ALM, Valuation, Risk, IT and Operations teams to identify and execute on opportunities to better manage DBS’ inforce group annuities from a financial and operational perspective
- Execute on initiatives to optimize and enhance member experience
- Execute on initiatives that extract value from DBS’ data and use technology to better support strategic initiatives
- Present to DBS Inforce Lab to report progress on Inforce initiatives

**What do you need to succeed?**
- As this position is posted in several locations, we specify that bilingualism (French, English, both oral and written) is required **for Quebec only** as the position reports to a unilingual English-speaking manager outside Quebec
- Strong technical, analytical and problem solving
- Demonstrates intellectual curiosity thinking about the “bigger picture” and a willingness to challenge the status quo
- Highly motivated individual who can work independently and perform research in unfamiliar areas
- Excellent communication skills with the ability to clearly and concisely communicate complex technical concepts in both a written and verbal manner to non-actuaries
- Team player with strong interpersonal skills to build effective relationships
- Ability to manage/prioritize multiple projects at a time
- Achieved or working towards an actuarial designation
- Previous knowledge of pension-related topics is an asset

**What's in it for you?**
- The opportunity to move along a variety of career paths with amazing networking potential
- Flexible Benefits from the day you join to meet the needs of you and your family
- We’re committed to creating an inclusive and respectful environment. Our goal is to make sure all our employees have the chance to live up to their full potential
- We’re honoured to be recognized as a 2023 Best Workplaces in Ontario by Great Place to Work® Canada
- LI-NB

At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

**Salary Range**:
61,000/61 000 - 101,000/101 000

**Job Category**:
Actuarial

**Posting End Date**:
15/09/2024



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