Job TitleCorporate Actuary (FSA), ValuationCompany OverviewWe’re a global life reinsurer operating in North America, Europe, Asia and Australia, and are part of Pacific Life, a mutual insurance group. Fueled by our pursuit of excellence and a quest to innovate, we’re proud to do things differently. Our people aren’t afraid to disrupt and challenge industry thinking and provide the best protection, savings and retirement reinsurance products and services possible.The TeamThe global Valuation team at Pacific Life Re is responsible for the actuarial valuation of our diverse lines of business and global markets. The team will run and validate our integrated AXIS & Tyche models to deliver insights across PL Re. They will support our long‑term growth by implementing new business, continuously improving processes and specifying and testing future model changes, working closely with our Actuarial Systems Team who develop and maintain the models. The team will be a key part of PL Re’s Divisional Business Services, interacting with CA teams, Operations, Finance, R&D;, and Pricing.The RoleCorporate Actuary will produce and validate actuarial model outputs for all bases (US GAAP LDTI, IFRS17, EC, BMA, USSTAT, LIMAT) for Reporting and Business Plan across multiple legal entities. You will work closely with other Valuation team members to coordinate modelling processes for both Financial Reporting and Business Planning. The role offers exposure across all lines of business, regions and legal entities.You will participate in a transformation project, advocating change and fostering a culture of continuous improvement around modelling processes.Collaboration with other teams will be crucial, as you will deliver modelling insights to CA teams and others. You will develop expertise and respond to the growing global insurer’s complex needs, like conducting sensitivities, scenarios,



and modelling new non‑proportional retrocession arrangements.The role is part of a large, global sub‑team, so you will gain substantial experience in global team collaborations.Role ResponsibilitiesProduction of actuarial model outputs across all bases for Reporting and Business Plan across multiple legal entitiesHandling ad‑hoc requests from other CA teams, such as modelling potential recent deal structures or carrying out stress/scenario modelling runsPerforming controls and validations to ensure completeness and accuracy of modelled resultsDeveloping and maintaining a close working relationship with other members of the global Valuation team and other CA teamsOwnership of model inputs, outputs and other processes related to all bases (e.G., demographic assumptions, IBNR factors)Contribute to continuous improvement mindset for modelling processes, including testing and implementation of deliverables from the back‑office transformation programSpecifying model requirements and testing new developmentsAssisting with model updates and runs on other bases as requiredSkills & ExperienceNewly qualified actuary with minimum of 3 years’ experience in life insurance or life reinsuranceExperience with actuarial modelling software (AXIS or Tyche preferred) and proficiency with Microsoft ExcelExperience of challenging/proving processes and contributing to continuous improvementExperience with introduction of new processes,



controls and systemsIn‑depth understanding of the Corporate Actuarial functionGood knowledge of IFRS17, US GAAP LDTI, EC, BMA, USSTAT and/or LIMAT including first‑hand experience of associated modelling complexitiesCompetencies and BehavioursAbility to work on own initiative and proactively contribute to a varied and demanding workloadEffective communication skills, both verbal and writtenProven focus on quality, ensuring deliverables are accurate and fit for purposeProven ability to work with other functions, developing and maintaining working relationshipsAbility to understand and apply new concepts quickly, showing initiative, flexibility, and resourcefulnessAdaptability to change and evolving environmentsPragmatic, able to balance accuracy with effortWillingness to challenge the status quoCompensation Range$127,800.00 - $149,100.00 CAD. The compensation range represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered will depend on experience, qualifications and geographic location.BenefitsLeave23 days of annual leave (Regular employees) with option to buy or sell more daysFertility leaveGenerous parental leaveHealthcareGroup Life Insurance and Accidental Death & Dismemberment coverage for all permanent employeesDental & Optical benefitsSavings & RetirementRRSP: company‑matched contributionsWellnessEmployee and Family Assistance ProgramSubsidised gym membershipTime off for volunteeringCharitable matching of employee donationsAs part of our commitment to diversity and inclusion, we provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss suitable adjustments when possible.#J-18808-Ljbffr

📌 Corporate Actuary (Fsa), Valuation - C$127,800 - C$149,100 A Year (Winnipeg)
🏢 Pacific Life Re
📍 Winnipeg