Director Segregated Fund Hedging and Projects

Permanent Full Time

We are looking for a Director, Segregated Fund Hedging and Projects to join our Segregated Fund Financial Management team.

Reporting to the AVP, Wealth Management Valuation, you will be leading our segregated fund hedging operations, segregated funds projects, and annual basis review functions.

**What you will do**
- Lead our Segregated Fund Hedging operations from a reporting and development perspective. This would include the existing GMWB Daily Hedging program and the development and implementation of reporting around potential new types of segregated fund hedging introduced at the company
- Lead special projects for the Segregated Fund Valuation area, related to topics including but not limited to regulatory change, technology, and hedging
- Lead key Segregated Fund Valuation basis change and model refinement initiatives such as assumption reviews, or product changes
- Collaborate with various individuals across key business functions in order to execute operationally, monitor the program’s effectiveness over time, and satisfy reporting requirements for hedging programs
- Provide leadership, mentoring, and guidance to an overall team of 3, with 2 direct reports

**What you will bring**
- Fellow of the Canadian Institute of Actuaries
- Understanding of segregated fund hedging strategies or financial market derivatives
- 5+ years of relevant experience with expertise in pricing and/or valuation
- Strong knowledge of Moody’s AXIS and/or other platforms for stochastic valuation
- Curious and inquisitive
- Get energized when you work in partnership with team members and many internal business areas, and you do this with your excellent interpersonal skills
- Strong communication skills, both verbal and written, to interpret complex information for varied audiences including senior management in Corporate Actuarial, Capital Management, Canada CFO
- Bias to action with an ability to meet tight deadlines, work under pressure, and prioritize multiple tasks and shifting priorities
- Critical thinker who can problem-solve and make good decisions when working with incomplete information
- Able to understand and diagnose key drivers of results, and be able to investigate anomalies with mínimal guidance
- Able to lead, engage, and motivate employees
- Project planning skills in forecasting resource requirements for key projects

**_ Given the size and scope of our organization, we have the flexibility for this position to be located in the following head office locations: Toronto, London, Winnipeg._**

The base salary for this position is between **$92,100****:

- $170,500** 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.

Be your best at Canada Life

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.

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

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