Actuarial Associate

1 week ago

Toronto, Ontario, Canada Sun Life Financial Inc. Full time $80,000 - $120,000 per year
You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

Group Benefits (GB) Valuation is responsible for the modeling, reporting, and monitoring of Sun Life Canada's GB segment. GB constitutes a significant portion of Sun Life Canada's portfolio, representing over $10B in reserve, and a large proportion of expected earnings. The team is looking to add a highly motivated Actuarial Associate to support core deliverables and special projects.

What will you do?
  • Own critical financial reporting, including: reserves, drivers of earnings (DOE), LICAT, and market/insurance risk sensitivities
  • Navigate the product's technical complexity, unique risk profile, and policyholder refund accounting
  • Support pricing initiatives/quotes, Financial Condition Testing, Actuarial Experience Studies, the Appointed Actuary's Report, and more
  • Learn to manage competing priorities and drive for results
  • Propose, test, and implement enhancements to existing models, tools, and processes
  • Grow within a high performing team and partner with actuaries in Valuation, Pricing, ALM, Canadian Actuarial, Corporate Actuarial, and the Model Management Center
What do you need to succeed?
  • Be actively pursuing an FSA or FCIA designation
  • A knack for problem solving and a willingness to challenge the status quo
  • Excellent communication and interpersonal skills
  • A strong commitment to development of self and others
What will you gain?
  • Comprehensive valuation experience
  • Group products expertise
  • Ownership
  • An expanded network
What's in it for you?
  • Time off giving you the flexibility to focus on the moments that matter including 15 vacation days per year
  • Flexible Benefits from the day you join to meet the needs of you and your family
  • Pension Plan participation starts immediately, and you are automatically enrolled. We help you save more with Sun Life automatic and matching contributions and by including both your salary and bonus when making
  • contributions.
  • The opportunity to move along a variety of career paths with amazing networking potential
  • Flexible hybrid work model
  • Work and professional development that is united by our Purpose: to help Clients and Employees achieve lifetime financial security and live healthier lives
  • A friendly, collaborative, and inclusive culture
  • We're honoured to be recognized as a 2025 Best Workplace in Canada by Great Place to Work Canada
  • Sun Life ranked one of the 2024 Global 100 Most Sustainable Corporations in the World on the Corporate Knights' 2024
#LI-Hybrid

The Base Pay range is for the primary location for which the job is posted. It may vary depending on the work location of the successful candidate or other factors. In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results.

Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our Clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds.

Persons with disabilities who need accommodation in the application process, or those needing job postings in an alternative format, may e-mail a request to

We are proud to be a hybrid organization that offers our employees the choice and flexibility to work from both the office and virtually based on the needs of the business, our Clients and you Several work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

Salary Range:
65,000/ ,000/

Job Category:
Actuarial

Posting End Date:
01/12/2025

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