Actuarial Manager
Job Description
Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead – our policyholders count on us to be there when it matters most. It’s a big ask, but it’s one that we have the power to deliver when we work together. We collaborate and innovate – pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it’s the right thing to do. Pacific Life is more than a job; it’s a career with purpose. It’s a career where you have the support, balance, and resources to make a positive impact on the future – including your own.
We’re actively seeking a talented senior actuary to join our Enterprise Capital Management team in Toronto, ON. This role follows a hybrid schedule.
As a Senior Actuary, you’ll move Pacific Life, and your career, forward by advancing the company’s capital stress testing analytics capabilities, supporting the assessment of capital adequacy across a range of adverse scenarios. You will work across functions to enhance methodologies, deliver actionable insights, and support key internal and external stakeholders, including senior management and the Board.
How you’ll help move us forward:
Lead the execution of quarterly capital stress testing process and provide thoughtful explanation of changes in the Company's risk profile under multiple capital lenses (e.g. US RBC, Bermuda, Economic)
Implement updates to stress testing methodology and reporting capabilities in alignment with principle established in the Company's risk appetite framework
Maintain and enhance robust, transparent, and repeatable stress testing processes, aligned with capital management and reporting practices
Support the capital planning component of the annual strategic plan, including solvency ratio and excess capital projection and associated analytics
Partner with finance, risk, and actuarial teams across the enterprise on cross-functional projects and ad-hoc capital initiatives
The experience you bring:
Bachelor’s degree in actuarial science, finance, mathematics, or a related field
FSA with 6+ years of actuarial experience within the life insurance and annuities industry
Strong analytical and problem-solving skills with attention to detail and intellectual rigor
Effective communicator with the ability to build relationships and collaborate across teams
Hands-on experience in capital planning, reporting, and analysis within a life insurance context
Familiarity with regulatory and economic capital frameworks and management reporting
LI-PC1
$127,100.00 - $149,100.00 CAD
Compensation Range
The compensation range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location.
Working For Pacific Life Re
Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.
Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.
Leave
Healthcare
Savings & Retirement
Wellness
Employee and Family Assistance Program
Subsidized gym membership
Time off for volunteering
Charitable matching of employee donations
As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.
Pacific Life Re Values
Use of AI
As part of our commitment to a fair and efficient hiring experience, we want to inform you that we may use artificial intelligence (AI) tools to assist in reviewing resumes, and during the assessment process, including through platforms like HireVue. These tools help us identify relevant qualifications and streamline evaluations, but final decisions are always made by our hiring team.
