Actuarial Manager
About The Position
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. 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.
Requirements
- 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
Responsibilities
- 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
Benefits
- 23 days of annual leave (Regular employees) with option to buy or sell more days
- Fertility leave
- Generous parental leave
- Group Life Insurance and Accidental Death & Dismemberment coverage for all permanent employees
- Dental & Optical benefits
- RRSP: company-matched contributions
- Employee and Family Assistance Program
- Subsidized gym membership
- Time off for volunteering
- Charitable matching of employee donations
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What This Job Offers
Job Type
Full-time
Career Level
Senior
