Senior Director, Social Insurance Programs

Office of the Superintendent of Financial Institutions Canada•Ottawa, ON

10d•CA$242,200 - CA$302,200•Onsite

About The Position

The Senior Director is responsible for providing strategic leadership, ensuring operational and professional excellence of the Office of the Chief Actuary (OCA), and aligning the OCA activities and resources with the vision, values, and strategic objectives. The role will need to provide strong leadership, strategic direction and oversight to the planning and execution of a wide variety of activities associated with the provision of statutory and non-statutory actuarial services for the Canada Pension Plan, Employment Insurance Program, Old Age Security Program, the Canada Student Financial Assistance Program, the Canadian Dental Care Program, insurance and benefits offered to federal public servants and Veterans, and any other programs under OCA’s responsibility. The Senior Director’s responsibilities have long-term financial impact of the full Canadian population and the programs under their responsibility have annual expenditures in the magnitude of hundreds of billions of dollars. A key aspect of the role is to ensure the ongoing quality of actuarial work, analysis and research. Achieved by fostering and sustaining a centre of expertise in actuarial science, professional standards, finance and economic analysis as applied to social security and insurance programs. In meeting these requirements, the Senior Director is instrumental in contributing to the ongoing financial viability of these programs, contributing to meeting OCA’s mandate, and fostering the public’s confidence in the ongoing management of these programs. The Senior Director is also responsible for the provision of services and advice to federal and provincial Ministers of Finance, Employment and Social Development Canada, Health Canada, Treasury Board Secretariat and other federal departments for the ongoing design, funding and administration of these programs.

Requirements

A degree OR diploma from a recognized post-secondary institution with specialization in finance, accounting, actuarial science, mathematics, business, economics, or other relevant field OR an acceptable combination of relevant experience AND education or training.
Fellowship of the Canadian Institute of Actuaries.
Significant leadership experience at the executive-level, in leading actuarial teams.
Significant experience providing technical oversight and ensuring quality of preparation of actuarial valuations for large-scale pension, benefits or social security programs.
Experience developing and executing strategic objectives, annual planning, and business priorities.
Experience providing strategic advice, recommendations, and briefings to senior stakeholders regarding complex actuarial files.
Experience in establishing and maintaining collaborative relationships and partnerships with various internal and external stakeholders.
Bilingual - Imperative (CBC/CBC) Official Language Proficiency.

Nice To Haves

Experience in leading complex actuarial projects for social security programs.

Responsibilities

Providing strategic leadership, ensuring operational and professional excellence of the Office of the Chief Actuary (OCA), and aligning the OCA activities and resources with the vision, values, and strategic objectives.
Providing strong leadership, strategic direction and oversight to the planning and execution of a wide variety of activities associated with the provision of statutory and non-statutory actuarial services for various Canadian programs.
Ensuring the ongoing quality of actuarial work, analysis and research.
Fostering and sustaining a centre of expertise in actuarial science, professional standards, finance and economic analysis as applied to social security and insurance programs.
Contributing to the ongoing financial viability of these programs, meeting OCA’s mandate, and fostering public confidence in the ongoing management of these programs.
Providing services and advice to federal and provincial Ministers of Finance, Employment and Social Development Canada, Health Canada, Treasury Board Secretariat and other federal departments for the ongoing design, funding and administration of these programs.