At Equitable, we believe work should be a place where you feel supported, inspired, and empowered to grow. In our caring and collaborative environment, your curiosity is encouraged, your passion is recognized, and your contributions truly matter. Together, we create meaningful impact, for our clients, our communities, and each other. The Opportunity: At Equitable, we believe great things happen when we work together. We’re a Canadian mutual company driven by purpose - putting people first and helping Canadians protect today and prepare for tomorrow. If you’re passionate about making a difference and growing your career in an inclusive and collaborative environment, we’d love to hear from you. Our culture is built on care, passion and curiosity. We put people above all else, strive to be our best and welcome new ideas to deliver positive outcomes.

Equitable is growing, and we are looking for a Director, Individual UL and Non-Par Valuation to join our Finance team. In this role, you will lead quarterly financial reporting and analysis for the Individual UL and Non-Par line of business, delivering insights to internal stakeholders and external auditors. This is an exciting opportunity to influence strategic decision-making and financial outcomes while working with senior leaders across the organization. Join one of the region’s top employers and be part of something that truly makes a difference.

Work Arrangements: This is a hybrid role. You will work in our office in Waterloo, ON a minimum of two (2) assigned, consecutive days every other week, plus a fifth (5th) assigned day per month. You are welcome to work from the office more than the minimum requirement and there may be some roles that are required to work in our office more than the minimum requirement.

What you’ll do:

Responsible for valuation of all Individual UL and Non Par policies on a quarterly basis. This includes valuation system maintenance and enhancement, assumption implementation and sensitivity testing, scenario testing, calculation of reserves and capital requirements, source of earnings analysis, providing finance department with appropriate journal entries reflecting reserve changes and analysis of reserve changes. Present quarterly results to various stakeholders, including CFO, Chief Actuary, Head of Individual Insurance business, among other senior leaders At year end, provide additional analysis, exhibits, summaries, and documentation required for the report of the Appointed Actuary and OSFI Life returns Provide liability cash flows to Investment Department for asset/liability matching, capital information for LICAT purposes, and sensitivity results for Risk reporting. Provide support to Individual pricing team in analysis of Profit and Loss. Development of five-year business plan for Individual UL and Non Par line of business Analysis of financial position of Individual UL and Non Par line of business when subjected to changing assumptions with respect to mortality, lapse, interest, expenses and interest environment. Results are presented to the Audit Committee of the Board and are required by OSFI. Provide input and system change specifications from a valuation perspective when new products are developed, blocks of business are acquired, or new administration systems are implemented. Lead and develop a team of Actuarial Analysts

What you’ll bring:

Require degree in Mathematics, preferably in Actuarial Science Completion of FSA, FCIA requirements, understanding of CIA standards, and IFRS 17 valuation experience. Require thorough knowledge of current valuation systems, competence in AXIS, RiskIntegrity and or CSM Engines, EXCEL, ACCESS, SQL Require knowledge of Individual products Require IFRS 17 financial reporting experience Preference for experience with stochastic modeling and/or using Economic Scenario Generation tools Strong problem solving and communication skills along with an innovative mindset

What’s in it for you:

Career Growth: Regular learning sessions and development opportunities Total Rewards: Incentive pay, annual salary reviews, employer-paid benefits and pension matching Time Away: Competitive vacation plus one paid volunteer day each year Flexibility: Healthy work-life balance with employee wellness always top of mind, complemented by a “dress for your day” approach

At Equitable, we’re committed to fair pay and an inclusive, accessible hiring experience. If you need accommodations or alternative formats at any stage, just reach out to us at careers@equitable.ca. We’re happy to help. Your base pay will be based on your skills, qualifications, experience and education. In addition to your salary, this role is eligible for a discretionary annual incentive award tied to business performance, plus a wide range of competitive benefits. If you’re selected to move forward, our Talent Acquisition team will walk you through all the details of our total rewards program, so you know exactly what’s included.

Reports To: Financial Reporting and Capital Management Vice President Department: Finance Term: Permanent Full-Time This position is open and we are excited to find the right person to join our team.

As part of the recruitment process, you will need to go through background screening, as per our company policy. #LI-Hybrid