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Online Actuarial Jobs Bank

The Institute is dedicated to helping members move forward in their careers and to connecting employers with top-quality job candidates. Looking to advance your career? The CIA’s Online Actuarial Jobs Bank brings together leading employers and search firms who recognize the value and strategic thinking actuarial professionals bring to their leadership team. Search here for your next role with one of many top employers and recruitment firms.

The classified ads below appear as provided by the advertisers.

  • Manager, Corporate Actuarial – Great-West Life – Toronto, ON


    Are you interested in making an important contribution to Company’s transition to IFRS 17? If so, we have a job opportunity for a Manager, Corporate Actuarial, in London, Toronto or Winnipeg within the Corporate Actuarial team.

     

    The Corporate Actuarial Team plays a central role in actuarial oversight for Great-West Lifeco.  The team leads the oversight of the valuation of insurance contract liabilities, and supporting processes, across Great-West Lifeco’s operations, as well as the analysis of the robustness of the Company’s financial condition through the DCAT process.  The team supports the Appointed Actuary in exercising oversight on the operation of participating policies and adjustable policies, and in preparing the annual opinions on fairness as required under the Insurance Companies Act in Canada.

     

    IFRS 17 represents a major change in the valuation of insurance liabilities of life insurers, which will impact earnings emergence and volatility.  IFRS 17 will also introduce a new presentation of insurance results, and supporting disclosures, in the financial statements, which will necessitate significant change within actuarial and accounting systems and processes.

     

    Accountabilities:

     

    • Lead assigned IFRS 17 work packages, including:
    • Review, analyze and understand the final standard and its implication to the Company.
    • Policy formulation and provide necessary qualitative and quantitative support to the positions.
    • Interactions with other areas to modify initial positions.
    • Write-up of report of internal IFRS 17 positions.
    • Presentation of findings and recommendations to IFRS 17 decision makers.
    • Participate and support GWL’s involvement with the industry through industry forums.
    • Support monitoring of industry developments.
    • Provide possible assistance to other areas, as needed, such as the accounting, IT and regional actuarial areas to implement or apply the internal policies developed.

     

    Qualifications and Competencies:

     

    • Proven leadership and decision-making skills.
    • Advanced collaboration skills and ability to build positive work relationships.
    • Ability to work in a team environment.
    • Sound actuarial judgment and excellent analytical and problem solving skills.
    • Excellent verbal and written communication skills.
    • Ability to manage multiple tasks and work within strict timeframes/deadlines.
    • Fellow of the Canadian Institute of Actuaries (or nearly qualified).
    • Proficiency in Microsoft applications (Excel, Word, Access).

     

    The exact accountabilities of the role will be tailored to reflect the capabilities and experience of the successful candidate.

     

    Discover your opportunity….Apply today:   https://bit.ly/2UDuvwP  or email Kirsten.pantin@gwl.ca

     

    Great-West Life offers competitive compensation, great benefits such as medical, dental, life insurance, wellness account and personal days not to mention onsite cafeteria and fitness facilities.  If you’d like to join our team submit your information online and introduce yourself.

     

    Together Great-West Life, London Life and Canada Life serve 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.

     

    Great-West Lifeco would like to thank all applicants, however only those who qualify for an interview will be contacted.

     

    Date Posted: 2019-03-19 Expires: 2019-04-18


  • Senior Manager, Actuarial, Pensions – KPMG – GTA, ON


    Job Title

    Senior Manager, Actuarial, Pensions

    Auto req ID

    TBD

    Job Function

    Actuarial

    Service Line

    FRM

    Location

    GTA

    Industry

    TBD

    Category

    TBD

    Job Description

    You’ve got big plans. We have opportunities to match, and we’re committed to empowering you to become a better you, no matter what you do.

     

    When you join KPMG you’ll be one of over 200,000 professionals providing audit, tax, advisory and business enablement services across 154 countries.

     

    With the support to do things differently, grow personally and professionally and bring your whole self to work, there’s no limit to the impact you can make. Let’s do this.

     

    Overview of the opportunity:

     

    Are you a talented leader with a proven track record for motivating teams and delivering exceptional client service?

     

    Our National Actuarial practice is looking for an experienced Senior Manager with the skills and drive to lead our Pensions team in the GTA.

     

    This role will involve a leadership component, including being responsible for strategic, marketing, proposal and people-related initiatives, as well as providing pension and other HR-related advice to a range of clients, related to:

     

    • Acquisitions and divestitures
    • Financial statement audits
    • Accounting standards
    • Actuarial valuations
    • Risk management

     

    What you will do:

     

    As a Senior Manager, you will be learning from the some of the best in the industry and growing your personal skillset by:

     

    • LeadingHR due diligence and integration projects including defined benefit plans for a broad range of clients
    • Developing and executing on strategic growth plans for the Pension team
    • Developing and maintaining key relationships with external and internal clients
    • Mentoring and supervising team members, and managing their workflow
    • Providing peer review on audits of financial statement defined benefit plan disclosures
    • Providing peer review on pension consulting projects, including valuations and pension administration  

     

    At times, business needs arise and employees are required and agree to work beyond their normal work day or work week to fulfill the accountabilities required for their job. Likewise, people need time to devote to personal matters, and our approach to flexibility provides for this.

     

    What you bring to the role:

     

    Your experience should include:

     

    • Significant experience leading HR due diligence and integration projects
    • Over ten years (10) experience in a pension actuarial and/or HR advisory role
    • Knowledge of Canadian pension regulations across different jurisdictions
    • Knowledge of ProVal is considered an asset
    • Ability to work in French is ideal
    • Knowledge of IFRS, Canadian and US accounting standards, and experience with complex pension accounting issues
    • Fellow, Society of Actuaries and Fellow, Canadian Institute of Actuaries

     

    Keys to your success:

     

    • Entrepreneurial, with strong leadership skills and an ability to manage teams and influence senior leadership
    • You’re a communicative leader who strives for excellence, innovation and collaboration, and have the ability to build strong client relationships while juggling conflicting demands.

     

    Learn more about where a career at KPMG can take you.

     

    Date Posted: 2019-02-12 Expires: 2019-04-17


  • Call for Independent Trustee Nominations – ETFO – Toronto, ON


    The Elementary Teachers’ Federation of Ontario is seeking candidates for consideration as an Independent Trustee to be appointed to the governing Board of Trustees of the Employee Life and Health Trust.

     

    As per 10.1, 10.10 and of the ETFO Employee Life and Heath Trust Agreement and Declaration of Trust the independent trustee must:

     

    • Not be currently employed or retained (or in the preceding year) by any of the ETFO ELHT;
    • Not have a systemic conflict of interest (such as personal relationships, legal or financial relationships etc.);
    • Be accredited from one of the following fields: actuarial science (FCIA or ACIA), law, accounting or be a Certified Employee Benefit Specialist (CEBS); and
    • Have demonstrated experience with employee benefit plans

     

    The successful candidate shall be appointed to serve for an initial three years and will be a resident of Canada, be at least eighteen (18) years of age, not be found under the Substitute Decisions Act or under the Mental Health Act to be incapable of managing property or been found to be incapable by a court in Canada or elsewhere and not be an undischarged bankrupt.

     

    The Independent Trustee is eligible for compensation as well as the reimbursement of expenses, as set out in the Trust, for the performance of their duties. The Board of Trustees must meet at least four times a year.

     

    Interested candidates are invited to forward their curriculum vitae, accompanied by a letter that further elaborates on their specific relevant experience and background for this particular opportunity, to Bobbi Taillefer, Deputy General Secretary at btaillefer@etfo.org by March 25, 2019.

     

    Date Posted: 2019-03-13 Expires: 2019-03-25


  • Director, Actuarial Audit – Great-West Life – Winnipeg, MB


    The Internal Audit Function plays the key “third line of defense” role in Great-West Lifeco’s risk framework. Providing independent assurance over the adequacy and effectiveness of controls operated to mitigate risks to the Company, the Function includes a specialty Actuarial Internal Audit Team that focusses on the Company’s actuarial processes.

     

    The Actuarial Internal Audit Team has a Lifeco mandate: Canada, the US, and Europe & Reinsurance Divisions are all in-scope. The Team is split between Winnipeg, London (Canada), and Dublin; however it operates as a global joined-up unit. This means actuarial audit engagements are often assigned to Team members based in different geographies (e.g. Irish Life engagements may be substantially completed by members of the Winnipeg Team), and frequent multi-entity engagements require Team members to collaborate across geographies.he actuarial processes audited by the Team include those relating to: pricing, reserving, capital stress testing, and experience studies; covering life, non-life and health insurance obligations; across a variety of direct writers and reinsurers. This means the roleholder will gain exposure to a wide range of markets, products, technical activities, and regulatory environments as part of the role.

     

    An opportunity exists for a dynamic and experienced fully-qualified actuary to lead the Winnipeg based Team. Included in the primary responsibilities of the role will be to lead and effectively coordinate the activity of the Winnipeg Team, and actively contribute to the wider success of the Function by participating in or leading strategic initiatives as required.

     

    The exact accountabilities of the role will be tailored to reflect the capabilities and drive of the successful candidate.

     

    The role holder will be accountable for duties that will include:

     

    • Coordinating and delivering up to 10 engagements each year;
    • Coordinating and delivering Internal Controls over Financial Reporting (ICOFR) testing each year, in support of the global program;
    • Directly performing audit planning and execution for more complex engagements;
    • Participating in initiatives that drive efficiencies through the Function, including the development of data analytics tools to enhance the depth and breadth of audit assurance provided (e.g. from samples to full populations, from administration systems to administration and finance systems, etc);
    • Managing stakeholder relationships and expectations, both internal and external. The successful candidate will be required to manage a heavy workload and ensure key deliverables are identified and prioritized;
    • Keeping up to date with external developments through individual research and engagement as required with professional bodies (e.g. Canadian Institute of Actuaries), trade associations (e.g. Insurance Ireland), and regulators (e.g. OSFI); and
    • Ensuring familiarity with risk management programs, as they impact on the role, and following appropriate risk management procedures to control, monitor and report on business activities. Ensuring compliance with Company policies, regulatory, professional and legal requirements.

     

    Responsibilities

     

    • In consultation with appropriate Management including the Chief Actuary, Canada as required, inventory and assess risks for all actuarial processes, including those involved in Product Development & Pricing, Valuation of Actuarial Liabilities, Capital, Policy Dividend & Par Funds, and Asset/Liability Management;
    • Develop a risk based actuarial audit plan to ensure appropriate coverage over a reasonable period;
    • Oversee the continued development, refinement and standardization of the audit approach;
    • Actively manage relationships with Corporate Actuarial and Financial Management;
    • Schedule/assign audit engagements in a coordinated effort with other members of the audit management team to maximize stakeholder value;
    • Direct and control the execution of the actuarial audit program;
    • Direct and control the execution of the ICOFR effectiveness testing program;
    • Monitor progress of individual assignments and manage any timing problems or budget over-runs;
    • Review completed files to ensure quality of work completed, completeness and appropriateness of audit issues and recommendations raised and adherence to Function standards;
    • Review results of actuarial engagements with appropriate management;
    • Present engagement findings and recommendations to management; manage finalization of written reports;
    • Track audit findings and issues, and work with Management to verify closure of outstanding deficiencies;
    • Oversee production of periodic status reports on progress against plan;
    • Participate in various high risk Project Committees as required;
    • Contribute to the management of the Function;
    • Provide regular feedback to staff reporting to the position through regular performance appraisals, and work with staff to ensure appropriate development and training is provided; and
    • Ensure the maintenance of an appropriate staff complement; lead recruiting efforts when required.

     

    Qualifications & Competencies

     

    • FCIA designation, ideally with a minimum 10 years of experience;
    • Prior experience in a variety of actuarial roles (e.g. Pricing, Valuations, etc) would be an advantage, as would prior exposure to a variety of products (e.g. Insurance, Investment, etc), customer propositions (e.g. Individual and Group Customer), and geographies (e.g. Canada, US, etc);
    • Sound business judgment in assessing issues and developing recommendations;
    • Strong understanding of key risks and processes in actuarial areas;
    • Good understanding of financial reporting controls;
    • Excellent communication skills, both oral and written;
    • Strong leadership and management skills; thinks strategically;
    • Strong relationship skills; demonstrated ability to deal effectively with staff at all levels;
    • Results oriented; balances multiple priorities and projects;
    • Ability to identify key issues in a complex situation; and
    • Commitment to quality.

     

    Other

     

    • Team of 4 actuarial auditors currently report to this position.
    • Primary work location for this position is in Winnipeg.
    • Some travel will be required, mostly within Canada.

     

    Discover your opportunity….Apply on-line today!

     

    Great-West Life offers competitive compensation, great benefits such as medical, dental, life insurance, wellness account and personal days not to mention onsite cafeteria and fitness facilities. If you’d like to join our team submit your information online and introduce yourself.

     

    Together Great-West Life, London Life and Canada Life serve 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.

     

    Great-West Lifeco would like to thank all applicants, however only those who qualify for an interview will be contacted.

     

    Date Posted: 2019-02-22 Expires: 2019-03-24


  • Director, IFRS 17 Actuarial, SLF Canada – Sun Life Financial – Toronto or Waterloo, ON


    The adoption of the IFRS 17 accounting standards presents a generational change for the insurance industry.  Sun Life Financial is looking for a number of Director level candidates to fill current and future IFRS17 openings in its Toronto and Waterloo offices. The roles offer a wealth of opportunities to develop a robust understanding of the IFRS17 Financial Reporting Standard, and to join on a collaborative team of actuarial and finance professionals working toward the successful transition of Sun Life Financial Canadian insurance businesses to the new International Insurance Accounting Standard.

     

    Some of the areas of work include:

     

    • Assessing the impact of IFRS 17 on New and Inforce Product Profitability, and Reinsurance Strategy
    • Support the integration of new tools and technology in actuarial valuation processes
    • Support the development and application of internal IFRS 17 Policies and corporate guidance in our actuarial functions across all Canadian business units
    • Designing, testing and implementing product optimization strategies
    • Joining a team of IFRS 17 Subject Matter experts in delivering education sessions to peers within the Canadian business units

     

    Required Competencies

     

    • FSA/FCIA designation with a minimum of 7 years of experience in an actuarial valuation and/or pricing role
    • Deep understanding of Canadian Life Insurance Contract Measurement Standard (CALM / IFRS4)
    • Independent self-starter with strong project management skills
    • Strong analytical, innovation and problem solving skills required to lead others to seek new and better ways to achieve objectives.
    • Ability to transform high level objectives into actionable execution plan
    • Communicates confidently and effectively with different audiences

     

    To Apply:

     

    https://sunlife.wd3.myworkdayjobs.com/Experienced/job/Toronto-Ontario/Director--IFRS-17-Actuarial--SLF-Canada_JR00016374-1

     

    Date Posted: 2019-02-20 Expires: 2019-03-22