Pacificlife is looking for a Senior Actuary to lead the planning and execution of actuarial projections for fixed annuities, with direct accountability for decisions and outcomes. In this individual contributor role, you will support both individual and group annuity projection processes and become a key subject matter expert.

What You'll Do

Support the timely preparation of the Actuarial Opinion and Memorandum on Asset Adequacy Testing, C3 Phase I scenario testing, and other projection reporting.
Lead the consolidation of the operating model between individual and group fixed annuities projection processes.
Eliminate redundancy across shared tasks including data aggregation, attribution analysis, and presentation materials.
Become a subject matter expert in the fixed annuities actuarial projection models and their workflow.
Translate model enhancements into business requirements and perform testing and validation.
Maintain proper controls and processes consistent with Model Risk Management (MRM) guidance.
Produce and review analytics supporting actuarial projection exercises, taking initiative to streamline reporting.
Collaborate with colleagues across functions and interact closely with team leaders and senior management.
Communicate effectively with audiences ranging from new hires to senior management.
Maintain awareness of new product activities and regulatory changes and support implementation.
Develop tools to enhance model efficiency and analytics.

What We're Looking For

FSA designation.
6+ years of related actuarial experience.
Bachelor's degree.
Experience with asset and liability projections.
Strong stakeholder management and interpersonal skills.
Excellent quantitative, analytical and problem-solving skills.
Innate curiosity and attention to detail.
Ability to translate technical concepts to non-technical audiences effectively.

Nice to Have

Background in statutory reserving and familiarity with market consistent embedded value principles.
Technical proficiency in Prophet, Snowflake/SQL, Tableau or Power BI, and Python, VBA or R.
Prior experience in actuarial valuation/projections for fixed deferred annuities (e.g., Fixed Indexed Annuities) and fixed payout annuities (e.g., Single Premium Immediate Annuities, Pension Risk Transfer).

Technical Stack

Prophet
Snowflake/SQL
Tableau
Power BI
Python
VBA
R

Team & Environment

This is an individual contributor role providing direct support to two team leaders within a team of that size.

Benefits & Compensation

Compensation range: $127,800.00 - $149,100.00 CAD.
23 days of annual leave with option to buy or sell more days.
Fertility leave and generous parental leave.
Group Life Insurance and Accidental Death & Dismemberment coverage.
Dental & Optical benefits.
RRSP: company-matched contributions.
Employee and Family Assistance Program.
Subsidized gym membership.
Time off for volunteering and charitable matching of employee donations.

Work Mode

This role offers a hybrid work arrangement and is based in Toronto, ON.

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.