Director, Actuarial Consulting Group

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.Job Description:Role Summary:Sun Life is looking for a qualified actuary to join our dynamic team of internal consultants. The Actuarial Consulting Group (ACG) provides actuarial expertise to our Corporate functions as well as Canadian business units including Insurance Solutions, Investment Solutions, Sun Life Health, and Group Retirement Services. The new Director will have the opportunity to have a direct impact on the success of the ACG and to help shape our processes so that we can continue to better serve our internal clients.Reporting to the Assistant Vice-President, ACG, the successful candidate will initially support the Canadian Financial Risk Management team on the assignment described below for their first 18 months. After this initial assignment, they will lead and support a variety of short and long term actuarial initiatives and projects in the ACG, as well as manage and provide direction to qualified actuaries and actuarial students working in the ACG. This role provides an excellent opportunity for an individual with strong leadership characteristics to help create solutions that directly drive the success of our clients and our business partners.Director, Financial Risk Management, SL Canada assignment summary (first 18 months): Supporting the Assistant Vice President, Risk Management (SL Canada), the incumbent in this assignment will be responsible for leading the execution of the SL Canada financial risk management process as it pertains to Capital Risk management. As part of its broader responsibilities, this assignment is responsible for the efficient governance, controls and education related to processes in identifying, assessing, monitoring / reporting of financial risks within SL Canada business activities and ensuring management compliance to defined standards, policies and operating guidelines. The incumbent will work collaboratively with members from the Business Units (BU), ALM, Canadian Finance and Corporate Risk Management to create and reinforce a Capital Risk Management culture within SL Canada. The goal is to improve BU and Sun Life Canada management decision making within a consistent risk / return framework through the use of best practices, education, decision-making tools and risk management context. The successful candidate will have the ability to assess financial risks and their impacts on Capital, help others understand such risks and to influence outcomes with senior levels within SL Canada and the SL Enterprise. Main Accountabilities:Ensure awareness, understanding and implementation of the SL Canada Risk Appetite Operating Guidelines for financial risks by SL Canada management and ensure that management has implemented processes to ensure ongoing compliance with the Policy and Guidelines. Provide appropriate communication and education as required.Complete, review and monitor regular reporting including:Manage the Capital-at-Risk sensitivities production process during the quarter end, business planning, and strategic planning cycles, including movement analysis.Communicate results to senior management and other management committees. Coordinate sign-off on the SL Canada Capital-at-Risk (CaR) exposures and ensure that the associated methodology, assumptions and results are in compliance with established standards and procedure.Prepare and monitor the SL Canada Capital Composition at Risk metric quarterly and signal to senior management when Capital management actions are required.Manage periodic Stress Test requests from Corporate Risk Management within SL Canada.Coordinate and consolidate annual Financial Condition Testing (FCT) results for Canada, and present insights to the Canada’s Chief Risk Officer and Corporate Chief Actuary.Support Corporate Risk Management in the continuous improvement of the Risk Appetite framework within SL Canada and across SLF. Ensure awareness, understanding and appropriate governance /controls for full compliance and efficient reporting. Provide communication and education as required.Support, advise and act as a consultant to business areas and project teams for various financial risks related to SL Canada business activities and decisions.Support projects to enhance Capital risk management best practices and / or risk and return profile of SL Canada.Provide support to the CRO in the capital risk oversight of the SLI subsidiary.Competencies:5+ years insurance experience and qualified FCIA / FSAUniversity degreeIndustry experience in related fieldFamiliarity with complex financial concepts and IFRS valuation of life insurance contractsExcellent communication skills, both verbal and writtenIndependent and strong commitment to quality and deadlinesAs 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 includes managing both French and English-speaking staff (Quebec and outside Quebec) and providing daily support to the team.What's in it for you:Being a member of the Sun Life family, a group of people united by our Purpose: to help Clients and Employees achieve lifetime financial security and live healthier lives.In 2024, Sun Life ranked among the top 100 most sustainable global corporations by Corporate Knights for the 15th consecutive year, leading Canadian insurers. We are proud to be on the 2024 Best Workplaces in Canada list by Great Place to Work. We’re also listed as one of the Best Workplaces for Women and Best Workplaces with Most Trusted Executive Teams.Our unique Sabbatical Program gives you the opportunity to take up to 6 weeks off, every five years.Care Days available for self-care or care of others (i.e., family or others you may support) and Sick Days to support your well-being.The Base Pay range is for the primary location for which the job is posted. It may vary depending on the work location of the successful candidate or other factors. In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results. Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our Clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds.Persons with disabilities who need accommodation in the application process, or those needing job postings in an alternative format, may e-mail a request to thebrightside@sunlife.com.We are proud to be a hybrid organization that offers our employees the choice and flexibility to work from both the office and virtually based on the needs of the business, our Clients and you Several work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.We may use artificial intelligence to support candidate sourcing, screening, interview scheduling. We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.Salary Range:125,000/125 000 - 195,000/195 000Job Category:ActuarialPosting End Date:29/01/2026