Product Specialist Model Development

1 week ago

London, Canada The Canada Life Assurance Company Full time $54,300 - $90,400

Temporary Full Time


Reporting to the Associate Manager, Par Dividend Management, you will be a member of the team responsible for the determination and generation of policyholder dividends for all GWL/LL/CL Canadian Participating Individual Life insurance policies. This role provides the technical support in development and maintaining the models used in the development of dividend rates and other related pricing analysis. This role is located in London, ON.


What you will do

  • Acting as key resource in development and maintenance of dividend scale models used in determination of dividend rates for all Canadian individual insurance participating blocks of business.
  • Support the Par Dividend Management team in developing technical solutions and process improvements, as well as client related information lookup on the administration system.
  • Support annual dividend scale review and rate generation, where required.
  • Uploading of rate files to administration systems, as well as validation and investigation of back-end datasets as needed.
  • Development and support of miscellaneous projects for Par Projects team and Pricing team as needed (e.g. updating models for new product developments).


What you will bring

  • Completion of post-secondary degree preferably related to Actuarial Science or similar.
  • Advanced knowledge of Microsoft Excel and Microsoft Access including VBA Programming.
  • Experience with Python programming considered an asset.
  • Strong analytical and problem-solving skills.
  • Ability to manage multiple priorities.
  • Excellent communication skills - verbal and written.
  • Actuarial related knowledge considered an asset.

The base salary for this position is between $54,300 - $90,400 annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.


Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.


Be your best at Canada Life- Apply today


Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.


You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.


Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.


Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations.


We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential.


It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact talentacquisitioncanada@canadalife.com.


Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.


#LI-Hybrid

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