Actuary Director

2 weeks ago

Kingston, Ontario, Canada THE EMPIRE LIFE INS. CO Full time
Product Actuary Director, Retail Actuarial Team

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

Key Responsibilities:
  • Lead the pricing analysis, modelling, and performance monitoring of Retail's Individual Life and Health new business portfolio.
  • Collaborate with the Product Development team to review new product opportunities and changes to existing products.
  • Present pricing and risk management recommendations to Retail senior management teams.
  • Act as an actuarial subject matter expert on in-force product reviews.
  • Supervise and coordinate the product development work of Retail Actuarial employees.
  • Liaise with reinsurance partners to support ongoing product development of Retail's Individual Life and Health new business portfolio.
  • Ensure all pricing activities are compliant with relevant 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.

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