Actuary Director

2 weeks ago

Kingston, Ontario, Canada THE EMPIRE LIFE INS. CO Full time
Actuarial Director and Product Lead

Empire Life is seeking an experienced Actuarial Director and Product Lead to join our Retail Actuarial team. As a key member of our team, you will be responsible for leading the pricing analysis, modelling, and performance monitoring of our Individual Life and Health new business portfolio.

Key Responsibilities:
  • Lead the pricing analysis, modelling, and performance monitoring of our Individual Life and Health new business portfolio.
  • Collaborate with our Product Development team to review new product opportunities and changes to existing products.
  • Present pricing and risk management recommendations to our senior management teams.
  • Act as an actuarial subject matter expert on in-force product reviews.
  • Supervise and coordinate the product development work of our Retail Actuarial employees.
  • Liaise with our reinsurance partners to support ongoing product development of our Individual Life and Health new business portfolio.
  • Ensure all pricing activities are compliant with our corporate policies.
Requirements:
  • 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 the ability to manage multiple competing priorities.
  • Working knowledge of accounting standards and regulatory capital requirements for the Canadian life insurance industry.
What We Offer:
  • 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.

Empire Life is an equal opportunity employer and welcomes applications from people with disabilities and disabled people. We celebrate diversity and are committed to creating an inclusive environment. We encourage those of all backgrounds and experiences to apply.

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