Description:
As our Director, Valuation Finance, you will work alongside the AVP, Actuarial Transformation to perform valuation/financial reporting for Canadian Premier’s insurance lines of business. Using considerable judgement and insurance industry experience in the assessment of financials, you will help put together and submit opinions relating to actuarial liabilities and capital positions. In addition, you will provide the internal voice in managing the valuation side of the actuarial function, including preparing management reporting on the business, working in close partnership with the Appointed Actuary and CFO functions. The Director, Valuation Finance will also contribute to the maintenance and enhancement of financial forecasting through ownership of methods, models and processes.
What you'll do
- Perform detailed IFRS17, USGAAP and other valuation work for assigned business, ensuring appropriately documentation, and assist in identifying changing requirements, assumptions and appropriate change management.
- Develop unbiased projections for financial planning and analysis and assist with communication of financial analytics and results in terms of major drivers of variance.
- Serve as a liaison with other accounting and actuarial staff, as well as pricing, administration, and systems professionals.
- Provide oversight and direction to junior actuarial/financial associates in the department, mentoring associates, and fostering a positive and engaged work environment.
- Set direction for direct and indirect reports by providing relevant information and establishing goals.
- Perform valuation work and ad-hoc projects as needed. Provide input into various matters relating to the Appointed Actuary’s legal responsibilities. These include but are not limited to an annual opinion on the value of actuarial liabilities held on the Balance Sheet, and quarterly regulatory capital calculations.
What you'll bring
- FSA/FCIA designation with applied actuarial skills in life insurance
- Solid foundation in actuarial mathematics and strong insurance/actuarial software skills
- Minimum 10 years Insurance industry experience
- In depth knowledge of Life Insurance products
- Extensive experience in related actuarial functions
- Strong negotiation skills
- Strong technical ability blended with communications skills
- Extensive analytical skills along with problem solving and decision-making abilities
- Stakeholder management and influencing skills
- Ability to recruit change management allies throughout an organization