Director & Product Actuary, Retail Actuarial

1 month ago


Toronto, Canada Empire Life Full time

Director & Product Actuary, Retail Actuarial

Location: Hybrid - Kingston or Toronto

Empire Life is looking to hire a Product Actuary with pricing experience in the Canadian Individual Life insurance market to join our Retail Actuarial team.

The Product Actuary is responsible for the actuarial pricing, profitability and risk analysis of Retail’s insurance products. An expert on all actuarial elements of the product life cycle (including pricing, reserving, capital management, modelling and risk analysis), the position will be responsible for ensuring sound pricing practices for Retail’s Individual Life and Health new business portfolio. 

The position is guided by defined goals and objectives and works under the general direction of the Vice President, Retail Actuarial and Finance.

Why pursue this opportunity

Take on a new challenge -  apply your actuarial expertise within a broad discipline team-based environment with the opportunity to make an impact. 

Play an integral role  - grow your skills, while directly contributing to the success of the business unit and company as a whole.

Have your voice heard -bring a fresh perspective that can challenge the status quo and highlight opportunities for improvement through creative and innovative thinking.

What you’ll be working on

Lead the pricing analysis, modelling and performance monitoring of Retail’s Individual Life and Health new business portfolio. Act as a key member of Retail’s Product Development team collaborating with other areas of Retail (Product & Marketing teams, Operations teams) to review new product opportunities and changes to existing products. Present pricing and risk management recommendations to Retail senior management teams. Act as actuarial subject matter expert on in-force product reviews. Supervision and coordination of Retail Actuarial employees’ product development work. Act as a key liaison 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. Collaborate with other areas of Empire Life; Insurance Response Team, Retail Insurance Marketing, Retail Operations, Risk Management and Corporate Actuarial.

What we’re looking for you to have

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 ability to manage multiple competing priorities Working knowledge of accounting standards and regulatory capital requirements for the Canadian life insurance industry If you are applying for a position which is open to applicants across Canada, unless otherwise indicated in the position, language proficiency in English is required for communicating with customers, advisors, and/or employees across Canada.

Beyond the salary

For regular full-time positions, Empire Life offers a comprehensive total rewards package that includes:

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
  • Actuarial Director

    15 hours ago


    Toronto, Ontario, Canada Manulife Full time

    About the RoleWe are seeking a highly skilled and experienced Actuarial Director to lead our Par Management team. As a key member of our actuarial leadership team, you will be responsible for providing strategic guidance and oversight to our Par Management team, ensuring that our business performance objectives are met.Key ResponsibilitiesLead participating...

  • Actuarial Director

    2 days ago


    Toronto, Ontario, Canada Manulife Full time

    About the RoleWe are seeking a highly skilled and experienced Actuarial Director to lead our Par Management team. As a key member of our actuarial leadership team, you will be responsible for providing strategic guidance and oversight to our Par Management team, ensuring that our business performance objectives are met.Key ResponsibilitiesLead participating...

  • Actuarial Director

    2 days ago


    Toronto, Ontario, Canada Manulife Full time

    About the RoleWe are seeking an experienced Actuarial Director to lead our Par Management team in Hong Kong. As a key member of our senior actuary leadership team, you will be responsible for leading the company's Par policyholder dividend recommendation, Par fund guideline compliance, and other related reporting.Key ResponsibilitiesLead participating...

  • Actuarial Director

    18 hours ago


    Toronto, Ontario, Canada Manulife Full time

    About the RoleWe are seeking an experienced Actuarial Director to lead our Par Management team in Hong Kong. As a key member of our senior actuary leadership team, you will be responsible for leading the company's Par policyholder dividend recommendation, Par fund guideline compliance, and other related reporting.Key ResponsibilitiesLead participating...

  • Actuarial Director

    2 days ago


    Toronto, Ontario, Canada Intact Financial Corporation Full time

    About the RoleWe are seeking a highly skilled and experienced Actuarial Director to join our team at Intact Financial Corporation. As a key member of our Actuarial team, you will play a critical role in positioning and monitoring our insurance portfolio to ensure sustainable quality and achieve outstanding results.Key ResponsibilitiesManage the operations of...

  • Actuarial Director

    19 hours ago


    Toronto, Ontario, Canada Intact Financial Corporation Full time

    About the RoleWe are seeking a highly skilled and experienced Actuarial Director to join our team at Intact Financial Corporation. As a key member of our Actuarial team, you will play a critical role in positioning and monitoring our insurance portfolio to ensure sustainable quality and achieve outstanding results.Key ResponsibilitiesManage the operations of...

  • Director, Actuarial

    3 months ago


    Toronto, Canada Intact Financial Corporation Full time

    Our employees are at the heart of what we do best: helping people, businesses and society prosper in good times and be resilient in bad times. When you join our team, you’re bringing this purpose to life alongside a passionate community of experts. Feel empowered to learn and grow while being valued for who you are– here, diversity is a strength. You...


  • Toronto, Ontario, Canada Foresters Financial Full time

    Actuarial Assistant/Analyst, Product Actuarial Career Opportunity Actuarial Assistant/Analyst, Product Actuarial - 12 month contract The Actuarial Assistant/Analyst, Product Actuarial will be a versatile team member who will work closely with other students and qualified actuaries on the Product Actuarial team and more broadly with other actuarial and...

  • Actuary

    3 days ago


    Toronto, Ontario, Canada Swiss Re Full time

    Actuary Job Description Actuary Job Description We are seeking a highly skilled Actuary to join our US Group & Health valuation unit. As a key member of our team, you will be responsible for supporting the quarterly reserving and forecasting process, as well as reviewing and signing off on actuarial models and assumptions associated with US G&H...


  • Toronto, Canada Foresters Financial Services, Inc. Full time

    Career Opportunity Role Title Actuarial Assistant/Analyst, Product Actuarial - 12 month contract Purpose of role **Job Description**: Key responsibilities/accountabilities - Support pricing actuaries in the production of deliverables for product initiatives in partnership with Product Management - Understand how pricing models work and detect potential...

  • Director, Valuation

    2 months ago


    Toronto, Canada the Ladders Full time

    Director, Valuation (Director, Actuarial & Investment Services)Department: Actuarial, Risk & Product Employment Type: Permanent - Full TimeLocation: Toronto, ONDescriptionWhat we do every day to be our very bestEvery day at Securian Canada means a day spent helping Canadians and their families build

  • Actuary

    2 months ago


    Toronto, Ontario, Canada Swiss Re Full time

    About the Role: We are looking for a fully qualified Actuary to support the US Group & Health valuation unit with reporting requirements under IFRS17, US Statutory and Swiss Re Group reporting requirements. You will contribute to the quarterly reserving and forecasting process and assist in reviewing and signing off on actuarial models and assumptions...

  • Actuary

    2 months ago


    Toronto, Canada Swiss Re Full time

    About the Role: We are looking for a fully qualified Actuary to support the US Group & Health valuation unit with reporting requirements under IFRS17, US Statutory and Swiss Re Group reporting requirements. You will contribute to the quarterly reserving and forecasting process and assist in reviewing and signing off on actuarial models and assumptions...

  • Actuary

    2 months ago


    Toronto, Canada Swiss Re Full time

    About the Role:  We are looking for a fully qualified Actuary to support the US Group & Health valuation unit with reporting requirements under IFRS17, US Statutory and Swiss Re Group reporting requirements. You will contribute to the quarterly reserving and forecasting process and assist in reviewing and signing off on actuarial models and...


  • Toronto, Ontario, Canada Intact Financial Corporation Full time

    Position Overview: We are seeking a skilled professional to take on the role of Director within our Actuarial department. This position offers the chance to lead a talented team of specialists dedicated to optimizing our insurance portfolio while ensuring adherence to quality standards and performance benchmarks. Key Responsibilities: Oversee daily...

  • Pricing Actuary

    3 months ago


    Toronto, Canada HSB Canada Full time

    Pricing Actuary **Company** HSB Canada **Location** Toronto, Canada Driven by technology and fueled by innovation, HSB is Canada’s premier specialty insurance and applied technology services provider. Offering 150 years of technical and service excellence, we are focusing on emerging trends and unlocking new opportunities for clients. Today, we are...


  • Old Toronto, Canada Aon Hewitt Full time

    p>Aon is looking for an Associate Director, Consulting Valuation Actuary.As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of our Solutions & Technology Group (STG) within Aon Reinsurance, in Toronto, Ontario (or work remotely). As an Associate Director, you will report...


  • Toronto, Canada Empire Life Full time

    Actuary, Specialty Products Location: Hybrid - Kingston or Toronto Empire life is looking to hire an Actuary, Specialty Products to join our Group Finance and Actuarial team! The Actuary, Specialty Products is responsible for the actuarial pricing, profitability and risk analysis of new, innovative insurance products and initiatives. An expert on all...

  • Actuary

    2 weeks ago


    Old Toronto, Canada Swiss Re Full time

    About the Role: We are looking for a fully qualified Actuary to support the US Group & Health valuation unit with reporting requirements under IFRS17, US Statutory and Swiss Re Group reporting requirements. You will contribute to the quarterly reserving and forecasting process and assist in reviewing and signing off on actuarial models and assumptions...

  • Actuary

    3 weeks ago


    Old Toronto, Canada Swiss Re Full time

    About the Role: We are looking for a fully qualified Actuary to support the US Group & Health valuation unit with reporting requirements under IFRS17, US Statutory and Swiss Re Group reporting requirements. You will contribute to the quarterly reserving and forecasting process and assist in reviewing and signing off on actuarial models and assumptions...