Job Description

You are as unique as your background, experience and point of view. Here, you\xe2\x80\x99ll be encouraged, empowered and challenged to be your best self. You\'ll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you\'ll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world. : Job description

• The Director (or Associate Director), Canadian Actuarial Valuation plays a pivotal role within Canadian Actuarial and Finance with responsibilities for key actuarial processes and reports. The role not only requires a solid understanding of IFRS 17 valuation but also solid governance and oversight capabilities. The incumbent will stay closely connected to Business Unit valuation teams as well as our key partners in Corporate Actuarial on relevant topics. This position will provide opportunities to take roles in various valuation related projects and initiatives.

Qualifications

• FSA/FCIA Actuarial Designation
• 5+ years of actuarial experience in the Insurance Industry. Candidates with less experience will be considered for the Associate Director role.
• Strong technical, analytical and problem solving skills
• Strong communication skills, both verbal and written
• Demonstrated people management capabilities
• Strong commitment to quality and meeting tight deadlines
• Previous actuarial experience in Valuation, Pricing, and Risk Management functions

Responsibilities

• Responsible for the Goodwill Testing (Appraisal Value - AAV) reporting process
• Support Par product related oversight and reviews
• Incorporate improvements into IGAAP valuation reporting and processes as a result of IFRS 17 transition
• Complete internal actuarial peer reviews on experience studies and IGAAP valuation methodologies reviews
• Provide effective oversight on quarter-end liability reviews and notes to financial statements
• Work closely with Individual and Group businesses on method and assumption changes
• Work closely with Business Units to strengthen actuarial controls as per the Actuarial Governance Guidelines/Principle

The Base Pay range is for the primary location for which the job is posted. It may vary depending on the work location of the successful candidate or other factors. In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results. Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds. Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to thebrightside@sunlife.com. At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs. We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted. Salary Range: 111,100/111 100 - 177,800/177 800 Job Category: Actuarial Posting End Date: 17/01/2023