Reporting to the Head of Actuarial Services, MBPS, the Actuarial Senior Director, Head of North America Valuation Shared Services, will be a key member of the MBPS Actuarial Leadership team with responsibility for directing the activities of 25+ staff across multiple service areas, as well as having technical accountability in the US Liability Modeling Team. The Actuary will oversee valuation activities, including modeling and reporting processes, across Canadian and US lines of business while providing actuarial advisory support and guidance to team leads and junior staff. The incumbent must possess the ability to work with people at all levels of the organization and manage often conflicting stakeholder priorities.

• Plays a key role as part of the MBPS Actuarial leadership team in the achievement of department projects and initiatives to drive process improvements and best practices.
• Provides relevant guidance to staff at all levels on actuarial concepts, modelling principles, financial reporting processes and technology.
• Builds relationships and establishes a high level of credibility with Actuarial management across the US and Canadian Segments, particularly Business Unit Valuation Actuaries, their teams, Chief Actuaries and GFA.
• Works with actuaries across IFRS and NAIC Valuation, Modeling, Experience Analysis and In force Management departments to understand data or model change requests and help prioritize the most important and time-sensitive needs of the collective group of stakeholders
• Works closely with key stakeholders to (1) generate quarterly liability cash flows and reserves on all accounting bases, (2) implement the model changes needed to support new products and basis changes, and (3) create the cash flows and reserves as needed for additional financial reporting including Embedded Value, FCT, Annual Plan and Annual Asset Adequacy Testing, while adhering to valuation model change management protocols
• Works with Group Finance Actuarial Systems Team (GFAST) and Global Actuarial Business Support (GABS) areas to coordinate change management cycles for the end-to-end actuarial VST system
• Participates in global modeling and valuation systems-related forums

Leadership And Team Development

• Provides strong, proactive leadership and coaching to a team of actuarial professionals. Allocates and monitors work of the team to ensure accurate and timely completion of assignments within the established timeframes and quality standards.
• Makes decisions regarding employment, compensation, performance appraisals, training and development.
• Cultivates an innovative environment by supporting creativity and high performance teamwork.

What motivates you?

• You obsess about customers, listen, engage and act for their benefit.
• You think big, with curiosity to discover ways to use your agile approach and enable business outcomes.
• You thrive in teams and enjoy getting things done together.
• You take ownership and build solutions, focusing on what matters.
• You do what is right, work with integrity and speak up.
• You share your humanity, helping us build a diverse and inclusive work environment for everyone.

What We Are Looking For

• Fellowship in a recognized international Actuarial professional body with 9+ years of experience
• Post-secondary education in Math/Computer Science, Actuarial Science or equivalent.
• Demonstrates advanced knowledge regarding technical aspects of work; able to review data or results (financial or otherwise) for reasonability and identify root causes and drivers in the data being reviewed.
• Proficiency in Moody’s Axis and Risk Integrity would be an asset
• Knowledge of NAIC and IFRS17 reporting, as well as US products and history of financial reporting an asset
• Self-starter with the ability to work independently, particularly in the area of using sound, independent judgment, problem-solving and analytical skills.
• Remains calm and controlled in pressured and stressful situations; demonstrates confidence and persistence in the face of setbacks and obstacles.
• Strong interpersonal skills with the ability to collaborate, negotiate and influence effectively
• Results oriented, able to manage expectations, work under tight deadlines and manage competing priorities.
• Excellent customer focus and commitment to quality
• Demonstrated project management skills
• Demonstrated leadership talents in coaching and motivating staff to achieve objectives.
• Strong business acumen with ability to communicate complex Actuarial concepts and results in a clear, concise, easy to understand manner.
• Highly developed communication & relationship skills