Director, Individual Wealth Pricing
About The Position
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. The Director, Individual Wealth (IW) Pricing is an Actuary responsible for the pricing and financial understanding of Individual Wealth Actuarial pricing models. They are part of a team responsible for the current portfolio pricing of Guaranteed Deposit Accounts, Payout Annuities, Segregated Funds, and a Pre-Need Funeral product as well as future product initiatives. Join one of the region’s top employers and be part of something that truly makes a difference.
Requirements
- University degree in mathematics or actuarial science and an FSA/FCIA designation
- Strong technical skills, including IFRS 9/17 and LICAT background in life or savings products
- Minimum 8 years of experience in the financial services industry, including pricing and/or financial reporting
- Minimum 5 years of leadership experience and demonstrated people management skills
- Ability to deliver project results on time with a high degree of quality
- Foster a collaborative team environment and demonstrated ability to work across teams to get things done
- Professional communication and presentation skills with the ability to communicate complex ideas to various audiences
- Familiarity with Segregated Fund and Payout annuity products
- Excellent analytical, problem solving and organizational skills
- Thorough knowledge of Moody’s Axis, Excel, & Access
- Familiarity with ESG’s and scenario development
- Proven track record of working on multi-disciplinary teams
Responsibilities
- Routine and ad-hoc pricing of IW products
- Provide technical support in ensuring alignment of requirements spanning cross functional requirements including capital management, risk management, taxation, stochastic scenario development, asset pricing, and investment strategies transition as they relate to pricing
- Directly manage up to three actuarial staff
- Oversee the preparation of custom quotes
- Frequent interactions with Sales and Distribution regarding new product pricing
- Participation when necessary, in relevant industry committees and working groups
- Participate in cross-functional working groups to consider implications of the new standards and develop key recommendations on key policy decisions from an IW perspective
- Play a leadership role in the development of quarterly reporting requirements and ensure alignment with IW Finance, Corporate Finance, and the Investment Division
- Lead development of IW financial projection methodologies for business plan
- Become a Subject Matter Expert on Equitable’s Economic Scenario Generator
Benefits
- Incentive pay
- Annual salary reviews
- Employer-paid benefits
- Pension matching
- Competitive vacation
- One paid volunteer day each year
- Healthy work-life balance
- Employee wellness programs
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What This Job Offers
Job Type
Full-time
Career Level
Director
