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Actuary - Manager, Research and Development

Pacific Life Re19 days ago
Toronto, Ontario
Senior Level
full_time

Top Benefits

23 days of annual leave with option to buy or sell more days
Fertility leave
Generous parental leave

About the role

Job Title Actuary - Manager, Research and Development

Job Description The Role: Role We are seeking a highly motivated and analytical actuarial professional to join our Research & Development team, with a focus on experience analysis. This role will contribute to three key initiatives that are shaping the future of how we conduct and standardize experience studies across the organization:

  • Leading the development and maintenance of global methodologies and processes for experience analysis and assumption setting across the Division.
  • Supporting the implementation of a global division-wide tool by providing actuarial requirements and ensuring alignment with divisional best practices.
  • Acting as the R&D functional lead in the global back-office transformation project.

The successful candidate will also lead experience analysis efforts for the North American region , while contributing to the broader transformation toward a globally consistent and centralized approach.

Responsibilities

  • Develop and maintain global standards for experience analysis, including methodologies and processes, in collaboration with divisional and enterprise stakeholders.
  • Act as the R&D functional lead for global projects, working cross-functionally with Corporate Actuarial, Finance, and Operations.
  • Support the building of the global experience analysis tool by contributing to requirement gathering, model design input, and testing activities to ensure alignment with actuarial standards and business needs.
  • Lead experience analysis for the North American region, delivering high-quality insights and supporting the transition to globally consistent practices.
  • Support the development and implementation of enterprise-wide assumption governance frameworks, ensuring consistency, transparency, and alignment with risk and regulatory expectations.
  • Promote model risk awareness by identifying potential risks in experience analysis processes and supporting mitigation strategies in collaboration with risk and governance teams.

Skills & Experience

  • Qualified Actuary with a minimum of 5 years’ experience in life (re)insurance.
  • Strong understanding of actuarial principles and processes.
  • Awareness of systems including Excel, SQL, R, Tableau.
  • Strong analytical skills, combined with sound judgement and commercial awareness.
  • Knowledge and appreciation of modern techniques used to develop experience studies, generate insight and basis development.
  • Ability to visualize complex data to identify trends.

Competencies & Behaviours

  • Robust communication and presentation skills.
  • Direct or indirect global market experience and knowledge: culture, legislation, regulations, commercial practices.

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.

Benefits Leave

  • 23 days of annual leave (Regular employees) with option to buy or sell more days
  • Fertility leave
  • Generous parental leave

Healthcare

  • Group Life Insurance and Accidental Death & Dismemberment coverage for all permanent employees
  • Dental & Optical benefits

Savings & Retirement

  • RRSP: company-matched contributions

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 Please click here to view our company values

About Pacific Life Re

Insurance
501-1000

At Pacific Life Re, our vision is to bring an innovative and dynamic approach to the marketplace. Our global team, comprising some of the best minds in the industry, is not afraid to disrupt and challenge industry thinking to provide the best life, critical illness, income protection, hospital cash and savings & retirement products and services possible.

Working in some of the most complex and fast-moving markets has taught us that knowledge and innovation go hand in hand. We pursue personalised, bespoke solutions for every one of our clients and our commitment to cutting-edge technology reflects our ambition to offer the most sophisticated answers to the most challenging reinsurance questions. Today, we are continuing our rapid growth internationally with offices across Europe, Asia, North America, Australia and a new global HQ in Bermuda.

With over 700 employees across the globe, we take pride in our inclusive culture, underpinned by our principles and behaviours, providing an environment where everyone can grow and develop. We are equally proud of the security and freedom we possess from having the backing of our parent company Pacific Life. With a heritage of more than 150 years, Pacific Life provides strength and resilience to our business which enables us to bring our fresh and dynamic approach to the marketplace.

To find out about our latest vacancies, please visit the careers section on our website: www.pacificlifere.com