VP, Corporate Actuarial

Job summary

The Vice-President, Corporate Actuarial leads actuarial valuation and regulatory capital reporting while providing strategic insights to executive leadership. This role oversees actuarial methodologies, governance, and cross-functional partnerships to ensure financial performance and compliance with industry standards.

Job details

Welcome to ivari Let us introduce ourselves. With 300+ employees across Canada, ivari is a company that’s making a difference in the world of life insurance. How? By finding and hiring employees who are passionate about helping people protect their families, and by giving them the best, most supportive workplace possible. ivari is part of Sagicor Financial Corporation, a leading financial services provider based in the Caribbean, with a strong presence in North America. We offer a wide range of products and services, including life and health insurance, annuities, pension administration and investment services. At ivari, everyone is welcome! It is our mission to attract, develop, and retain a workforce that is as diverse as the customers we serve and the communities in which we do business. We offer an inclusive and accessible work environment where all employees and customers feel valued, respected, and supported. Here’s the job opportunity… This position is an existing vacancy. Reporting to the Senior Vice-President & Chief Actuary, the Vice-President, Corporate Actuarial is accountable for leading actuarial valuation and regulatory capital reporting for the Company. This role provides independent insights into financial performance, supports strategic decision-making, and ensures compliance with actuarial, accounting, and regulatory standards. The position has high visibility with executive leadership and plays a critical role in supporting business growth, capital management, financial performance, and transformation initiatives. As the Vice-President, Corporate Actuarial, your key responsibilities will include… * Partner with the SVP & Chief Actuary to establish and execute the vision and priorities for the valuation function * Lead actuarial valuation and regulatory capital reporting activities, ensuring the accuracy and adequacy of actuarial liabilities and capital requirements * Communicate movements in actuarial liabilities, earnings, and capital results to senior management and external auditors * Oversee actuarial methodologies, models, controls, and governance processes and ensure industry best practices are maintained * Lead experience studies and assumption reviews that provide insights into business performance and support the determination of actuarial assumption * Help drive consolidated actuarial reporting for executive consumption at ivari and Sagicor, including quarterly reporting slides, income, and capital dashboards * Provide insight into drivers of earnings, profitability, and capital performance to support strategic decision-making * Partner with the Finance function to provide accurate and timely analyses, with relevant documentation, to support the financial reporting process * Partner with Risk Management to support capital optimisation, enterprise stress testing, and risk appetite management activities * Partner with Pricing, Reinsurance, ALM, and Investment teams on key actuarial, capital, and strategic initiatives * Participate in projects as needed to advance ivari toward its strategic goals, including finance transformation projects * Monitor emerging actuarial, accounting, and regulatory developments and lead implementation activities related to new standards and requirements * Drive continuous improvement initiatives, modernization efforts, and process enhancements across the actuarial function * Maintain effective relationships with internal and external stakeholders, including the Senior Leadership Team at ivari, industry groups and external auditors * Lead, mentor, build and develop a team of highly skilled actuarial professionals while fostering a culture of accountability, collaboration, and continuous improvement * Ensure resources are aligned with business priorities and strategic objectives What we are looking for… * Fellow of the Canadian Institute of Actuaries (FCIA) * University degree in actuarial science, mathematics, statistics or a related field * Minimum of 15 years of relevant life insurance experience with progressively senior actuarial leadership responsibilities * Extensive experience in valuation, financial reporting, and capital management within a life insurance environment * Deep knowledge of individual life products (including traditional life, universal life, critical illness, annuities and segregated funds). Excellent command of the drivers of profitability within a life and annuity business and financial/capital implications * In-depth knowledge of Canadian life insurance financial reporting, actuarial valuation, and regulatory requirements under IFRS 17 and LICAT * Superior organizational skills with the ability to effectively manage multiple and changing priorities * Experience partnering with senior executives and communicating complex actuarial and financial concepts to diverse audiences * Proven ability to build, lead, develop, and motivate high-performing actuarial teams * Strong business acumen, strategic thinking, and commercial awareness * Excellent analytical, communication, relationship management, negotiation, and influencing skills * Experience with pricing, reinsurance, ALM, investments, AXIS, and Risk Integrity would be considered assets What we pay… An attractive total compensation package commensurate with the successful candidate's experience and qualifications. Who you are… Someone who enjoys a culture where everyone is genuinely respectful, and you can be your authentic self every day. Your contributions and opinions are not only sought but valued. You know the importance of, and live by, our core values of… * Bringing clarity and focus to your work * Taking ownership and doing what you say you will * Remaining flexible * Collaborating with others Does this sound like you? We’re looking for great people to join our team! Our commitment to inclusivity is reflected in the safeguards, policies, and commitments we have in place to remove barriers and provide equal opportunities to prospective and current employees, without discrimination. To apply, please email your resume to: human.resources@ivari.ca [human.resources@ivari.ca] A Human Resources representative is available to consult with applicants who require accommodation in the application or recruitment process. Any information shared by the applicant about an accommodation will be treated as confidential. If you do require an accommodation, please email human.resources@ivari.ca [human.resources@ivari.ca] ** ivari does not utilize AI in our recruitment process to screen, select, or assess applicants

What you’ll do

The Vice-President, Corporate Actuarial leads actuarial valuation and regulatory capital reporting while providing strategic insights to executive leadership. This role oversees actuarial methodologies, governance, and cross-functional partnerships to ensure financial performance and compliance with industry standards.

Requirements

Candidates must be a Fellow of the Canadian Institute of Actuaries (FCIA) with at least 15 years of relevant life insurance experience. A university degree in actuarial science, mathematics, or a related field is required, along with deep knowledge of IFRS 17, LICAT, and life insurance financial reporting.

Listed skills

• Financial Reporting · Preferred
• Leadership · Preferred
• Risk Management · Preferred
• Communication · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Actuarial valuation
• Regulatory capital reporting
• IFRS 17
• LICAT
• Financial reporting
• Capital management
• Strategic decision-making
• Risk management
• Leadership
• Communication
• Analytical skills
• Relationship management
• Life insurance
• Actuarial modeling
• Governance
• Influencing Skills
• Financial Stress Testing
• Strategic Decision Making
• Strategic Objectives
• Relationship Management
• Accountability
• Organizational Skills
• Actuarial Valuation
• Actuarial Function
• Accounting
• Actuarial Science
• Artificial Intelligence
• Annuities
• Business Acumen
• Dashboard
• Management
• Capital Requirements
• Investments
• Continuous Improvement Process
• Finance
• External Auditing
• Financial Services
• Financial Statements
• International Financial Reporting Standards
• Risk Management
• Mathematics
• Negotiation
• Quarterly Finance Reports
• Regulatory Requirements
• Reinsurance
• Risk Appetite
• Statistics
• Strategic Thinking
• Resourcing
• Regulatory Developments

Job areas

• Finance & Accounting
• Management & Leadership
• Vice President of Corporate Development
• Vice President (General)
• Managing Directors and Chief Executives
• General and Operations Managers