AVP In-Force Management and Business Optimization
About The Position
Reporting to the VP In-force Management and Business Optimization, the successful candidate will be responsible for identifying, developing and executing strategic initiatives that improve financial performance and optimize capital across our Sun Life Canada in-force businesses. This role is well suited to a finance professional with a curious mindset, strong business judgement, and a willingness to collaboratively explore new opportunities. This position offers significant scope across Canada Finance and gives high visibility to leadership with direct involvement in strategic decision making. The AVP will partner closely with the CFOs and AVPs of the Canadian business units, other functional areas including Canadian Finance, Actuarial, ALM, Risk, Tax and the Corporate Office, and external professionals, to identify and execute value-enhancing opportunities.
Requirements
- FCIA/FSA, CPA, CFA or MBA, with 10+ years of relevant experience or an equivalent combination of education and experience.
- Strong understanding of insurance company value drivers, including earnings, LICAT capital, ROE, balance sheet management and capital deployment.
- Deep curiosity and ability to identify optimization opportunities within highly complex products and processes.
- Proven ability to work within a complex, regulated environment and able to interact effectively at all levels of the organization.
- Collaborative partner able to build strong relationships and work effectively through others to meet deliverables and timelines in a matrixed environment.
- Comfortable operating in ambiguous environments where opportunities must be identified, assessed and developed from concept through execution, and not all paths are linear.
- Exceptional people leadership experience, passion for fostering and developing high potential and diverse talent.
- Strong communication skills, both verbal and written with ability to present at multiple leadership tables and ability to translate complex technical analysis into simplified concepts.
- Experience working in a diverse environment from a business as well as cultural perspective.
- Bilingualism (French, English, both oral and written) is required for Quebec only as the position includes managing both French and English-speaking staff (Quebec and outside Quebec) and providing daily support to the team.
Responsibilities
- Identify, assess and execute implementation of strategies to optimize financial performance of in-force businesses across Sun Life Canada.
- Manage and advise on various deep dives in collaboration with business and functional areas to analyze business profitability, potential optimization opportunities and synergies across the Canadian businesses.
- Collaborate with both internal partners and external partners -like reinsurers, investment banks- as applicable.
- Lead financial analysis and development of capital related reinsurance arrangements and other strategic financial transactions.
- Enhance financial management for legacy products, including both P&L and balance sheet items (capital, reserving, etc.) providing increased transparency on value drivers.
- Conduct financial analysis and due diligence on acquisition and disposition opportunities to enhance financial returns
- Build a high performing, engaged organization with a culture where team members can be their best.
Benefits
- Flexible scheduling
- Hybrid work environment
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What This Job Offers
Job Type
Full-time
Career Level
Manager
