Career OpportunityRole Title: Assistant Vice President, Corporate ActuarialPurpose of roleThe Assistant Vice President (AVP), Corporate Actuarial is responsible for leading key elements of the Company's valuation, reporting, and asset‐liability management (ALM) activities in support of the Appointed Actuary function. This role plays a critical leadership position in financial reporting, capital and risk analytics, and new business profitability oversight, while also advancing actuarial systems, data governance, and modelling capabilities. The AVP, Corporate Actuarial will build strong partnerships across Capital Management, Finance, Risk, Investments, and Product, ensuring consistency of assumptions, analytics, and reporting across the enterprise.Key ResponsibilitiesActuarial Systems, Data & ReportingLead actuarial system change management initiatives, including AXIS and Risk Integrity enhancements, to strengthen governance and reporting capabilitiesOversee actuarial data governance frameworks, ensuring data integrity, controls, and alignment with actuarial and enterprise data standardsSupport new business implementation from an actuarial systems and reporting perspective, addressing data, modelling, and process implicationsDrive continuous improvement in valuation processes, automation, and documentationAsset‐Liability Management (ALM)Review and recommend economic assumptions and target asset allocations in alignment with investment mandatesAct as asset model owner, partnering with the CIO and external asset managers to enhance modelling capabilities and analytics (e.G., TruView)Support integration of ALM insights into capital, valuation,
and business planning processesNew Business Profitability & PlanningOversee quarterly new business profitability reporting, including analysis of results versus plan and prior periodsLead development and review of the new business plan, assessing profitability, capital usage, and risk profileProvide insights to senior management on product performance, pricing adequacy, and emerging trendsSupport strategic initiatives including current product development and in‐force management actionsLeadership & Stakeholder EngagementLead and develop a team of actuarial professionals, fostering a high‐performance, collaborative cultureBuild strong working relationships across Finance, Risk, and ProductCommunicate complex actuarial and financial insights clearly to senior stakeholdersContribute to broader Corporate Actuarial leadership, including process improvements and strategic initiativesAdvocate for and support ongoing mentoring and development through the Actuarial Rotation programKey QualificationsFellowship (FSA/FCIA) with 10+ years of relevant actuarial experienceStrong experience in valuation, capital, ALM, or financial reporting within life insuranceDeep understanding of Canadian (IFRS17, LICAT), and U.S.
accounting and capital regimesProven leadership experience with ability to manage teams and influence across functionsStrong analytical and problem‐solving skills, with ability to navigate complex issuesExcellent communication skills, including executive‐level presentation and report writingHigh degree of accountability and professionalismResults oriented with a keen focus on quality and delivering value; ability to balance multiple priorities and projectsStrong attention to detail while retaining focus on the big picture and top risksDeep technical experience with Axis and Risk IntegritySalary Range: $175,000.00 - $209,000.00The actual base salary for this position will depend on several factors, including job‐related skills, experience, and education. In addition to base pay, eligible employees may participate in a discretionary variable incentive plan; results are subject to both individual and company performance.Equal Opportunity Employment and Inclusion – at Foresters Financial, we are committed to sustaining an equal opportunity environment for all job applicants. We embrace Inclusion, Diversity and Equity (IDE) as a core strategic objective for building strong, innovative teams in which all our employees can show up wholly and authentically as themselves.Foresters Financial strives to provide an accessible candidate experience for prospective employees with different abilities. If you anticipate needing any type of accommodations during the recruitment process, please email
[email protected] in advance of your appointment. #J-18808-Ljbffr
📌 Assistant Vice President, Corporate Actuarial (Toronto)
🏢 Foresters Financial
📍 Toronto