The Canadian actuarial profession has lost a respected leader with the passing of James (Jim) Alexander Brierley, FCIA, on August 10, 2026, at the age of 73.
A distinguished career
Born in Toronto on September 14, 1952, Jim graduated from the University of Waterloo in 1976 with a bachelor of mathematics degree and began a distinguished career with Munich Reinsurance Company. He remained with the organization throughout his professional life, serving as president of its Canadian and Caribbean operations and chair of the board of its U.S. subsidiary before retiring in 2007.
A leader in the actuarial profession
Jim’s influence extended far beyond his professional achievements. Throughout his career, he devoted countless hours to advancing the actuarial profession through volunteer service, governance and leadership. His dedication culminated in service as President of the CIA from 1993 to 1994, following terms on the CIA’s Council, the predecessor to today’s Board. In recognition of his exceptional contributions to the profession, he was later presented with one of the CIA’s inaugural Lifetime Awards, among the highest honours within the CIA Legacy Awards program.
Throughout his volunteer career, Jim helped shape discussions on financial reporting, professional governance, international actuarial relations and public policy. Passionate about strengthening the profession’s voice and fostering connections across the global actuarial community, he contributed to discussions affecting the profession at a time of notable change, including international actuarial co-operation, financial reporting developments and the implications of the North American Free Trade Agreement.
Committed to volunteerism
Jim’s volunteer service to the CIA spanned more than three decades and included numerous leadership positions. Among his most notable roles were:
- Chair, Committee on International Relations (1995-96)
- Chair, Committee on Life Insurance Financial Reporting (1985-87)
- Vice-Chair, Committee on Professional Conduct (1996-98)
- Chair, Elections Committee (1994-96)
- Director, Actuarial Foundation of Canada (2004-07)
- Chair, Younger Actuaries Committee (1983-84)
Those who worked alongside Jim knew him as a thoughtful leader, a strong advocate for the profession and a committed volunteer.
In an interview with the CIA, Jim reflected on his early volunteer experiences and the profound impact they had on his career. He recalled joining the Younger Actuaries Committee early in his professional life, becoming increasingly involved in Institute affairs and developing a deep appreciation for the profession’s volunteer culture.
Jim often expressed admiration for the dedication of CIA volunteers and encouraged younger actuaries to become involved. Reflecting on the value of volunteer service, he observed that “by doing good, you do yourself good.” He remained grateful throughout his career for the opportunities to contribute to the profession and the relationships forged through volunteer service.
Beyond the profession
Away from the office and boardroom, Jim was known for his warmth, humour and enthusiasm for golf. Affectionately known as “Bear,” he was a member of the Beacon Hall Golf Club since 2008. There, he served on numerous committees before joining the club’s board of directors in 2023. He was also a longtime member of the Loxahatchee Club in Jupiter, Florida, where he spent many winters.
Jim was a devoted fan of the Toronto Maple Leafs and the Cleveland Browns. Above all, he cherished time with family and friends and will be remembered for his distinctive laugh, welcoming smile and ability to form lasting friendships wherever he went.
A lasting legacy
Jim is survived by his wife, Katherine (Kate); his brother, John; his children, Mark, Michael and Stephen; his grandchildren, Thomas and Abigail; and Kate’s children, Jake and Jessica. He was predeceased by his parents, Fred and Peg, and his first wife, Gail. The CIA extends its sincere condolences to Jim’s family, friends and colleagues. His leadership, generosity and dedication to the actuarial profession leave a lasting legacy that will continue to inspire future generations of actuaries.