Job Description

Permanent Full Time




This position will be located in the Winnipeg head office.



Role description


The Associate Manager, Workplace Benefits & Retirement Valuation will be responsible for several aspects of liability valuation and capital calculations, including experience studies, liability basis recommendations, and financial reporting of insurance liabilities. In particular, the Associate Manager will be the in-house expert on Employer-Employee Long-Term Disability reserves.



What you will do

Reporting Responsibilities: + Calculation of insurance liabilities and liability basis changes for reporting financial results, ensuring accuracy, timeliness, and compliance with internal and external standards
+ Drive enhancements in valuation methodology, tools, and automation to improve efficiency and insight
+ Calculation of mortality, morbidity, lapse and expense risks for use in company LICAT reporting.
+ Analyze experience through experience studies to recommend basis changes
Single Premium and Other Quotes: + Collaborate with Pricing and Underwriting in determining appropriate Disabled Life Reserves for single premium quotes and policy renewal premiums
Innovation: + Champion innovation in valuation practices, including the use of automation and IFRS 17 enhancements. Lead or contribute to cross-functional initiatives that impact valuation.
Team Leadership and Development: + Lead and mentor one direct report
+ Performance evaluation, hiring, training, motivation, managing workflow, planning/organizing, delegation



What you will bring

Actuarial experience preferred Ability for a high degree of independent and creative actuarial thinking Superior interpersonal skills, demonstrated through excellent communication skills and building and maintaining efficient and effective teams Strong collaborative abilities to facilitate partnerships across locations and teams Strong strategic and conceptual thinking skills Strong business acumen, critical thinking, and technical and problem-solving abilities Results oriented with ability to manage change Reliability Status Security Clearance - this can only be completed with candidates who receive an offer of employment. This is a personal security status that is required as a condition of employment before an employee can gain access to Protected B information, assets or work sites as outlined by the Government of Canada website. The cost of submitting these checks will be covered by Canada Life A Criminal Record and Credit background check is mandatory as a condition of employment

The base salary for this position is between

$70,500

- $117,400

annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.



Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.



Be your best at Canada Life- Apply today!



Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.



You can be your best here. You're part of a diverse and inclusive workplace where your career and well-being are championed. You'll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.



Together, as part of a great team, you'll deliver on our shared purpose to improve the well-being of Canadians. It's our driving force. Become part of a strong and successful company that's trusted by millions of Canadians to do the right thing.



Canada Life serves 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.



It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact talentacquisitioncanada@canadalife.com.



Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.



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