Actuary - Individual Valuation

At Equitable, we believe work should be a place where you feel supported, inspired, and empowered to grow. In our caring and collaborative environment, your curiosity is encouraged, your passion is recognized, and your contributions truly matter. Together, we create meaningful impact—for our clients, our communities, and each other.
**Position Title**: Actuary - Individual Valuation
**Reports To**: Director, Individual Non-Par Valuation
**Department**: Financial Reporting & Capital Management
**Term**: Permanent Full-Time
**Work Arrangements**: This is a hybrid role. You will work in our office in Waterloo, ON a minimum of two (2) assigned, consecutive days every other week, plus a fifth (5th) assigned day per month. You are welcome to work from the office more than the minimum requirement and there may be some roles that are required to work in our office more than the minimum requirement.
**The Opportunity**: At Equitable, our focus is on making a meaningful impact in the lives of Canadians by putting clients at the heart of everything we do. We lead with empathy, act with intention, stay curious, and support one another every step of the way.
If you're looking for purpose-driven work in a collaborative and inclusive environment where your voice is heard, and your growth is encouraged we’d love to connect. We are looking for an Actuary to join our Individual UL and Non-Par Valuation team. Reporting to the Director, Individual UL and Non-Par Valuation, this position will focus on projects to optimize and modernize the valuation processes across the entire company and also review and simplify processes to improve productivity and accuracy. You will join the Equitable actuarial community and get the opportunity to experience and learn different areas of our business. Equitable provides an excellent opportunity for actuaries of all levels to develop a broad skill set and offers the experience of working on a variety of actuarial topics. Equitable has been one of the fastest growing life insurance companies in Canada and the continued success of the company relies on the strength of its people. Join one of the Waterloo Area’s Top Employers for 2025 and Southwestern Ontario’s Top Employers for 2024 and be part of something that matters
**What you will be doing**:

- Lead key initiatives for the company’s financial reporting process modernization
- Optimize the company’s use of Moody’s AXIS and Gridlink
- Consolidate and simplify processes to reduce the number of models and manual processes
- Manage co-op students
- Develop consistent model risk controls across valuation teams
- Provide support to valuation teams for model development, implementation, audit and regulatory requests
- Work with IT departments to develop roadmap for actuarial systems infrastructure, data storage best-practice
- Ad hoc projects across valuation and capital teams
- Make recommendations on process improvements

**What you will bring**:

- University degree in mathematics-based discipline
- FCIA / FSA designation
- Require thorough knowledge of valuation systems - AXIS, SQL, Excel, Access
- Experience using an IFRS17 CSM engine (e.g. RiskIntegrity), and Python is an asset
- IFRS 17 financial reporting experience
- Experience with optimizing large data sets
- Experience using PowerBi or similar data visualization tools
- Excellent project management and problem-solving skills
- Demonstrated experience multi-tasking within a competing priority environment
- A strong desire to further improve actuarial knowledge and skills
- Strong communication and ability to influence

**What’s in it for you**:

- A workplace where care, passion, and curiosity aren’t just values, they’re how we work, grow, and succeed together every day.
- A healthy work-life balance with employee wellness top of mind
- Annual bonus program, annual vacation allowance, and company-paid benefits program
- Generous vacation package with one volunteer day to give back to a charity of your choice
- Immediate enrollment in the company’s pension program with employer matching
- Employee resource groups that support an inclusive work environment
- Tuition support and specialized program assistance
- An onsite full-service cafeteria with a variety of daily options
- Discounts on company products and services, and access to exclusive employee perks
- Regular EQ Together events focused on company togetherness and collaboration

As part of the recruitment/offer process you will be required to:

- Provide two professional references (minimum one supervisor and above)

This position is available due to an existing vacancy.
LI-Hybrid