Actuarial Manager

Pacific Life Insurance Company$143K — $166K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in actuarial science, finance, mathematics, or related field
  • FSA with 6+ years of actuarial experience in life insurance and annuities
  • Strong analytical and problem-solving skills
  • Effective communicator with collaboration skills
  • Hands-on experience in capital planning and reporting
  • Familiarity with regulatory and economic capital frameworks

Responsibilities

  • Lead quarterly capital stress testing process
  • Implement updates to stress testing methodology
  • Maintain robust stress testing processes
  • Support capital planning for the annual strategic plan
  • Partner with finance, risk, and actuarial teams on capital initiatives

Benefits

  • 23 days of annual leave with buy/sell options
  • Fertility leave
  • Generous parental leave
  • Group Life Insurance and AD&D coverage
  • Dental & Optical benefits
  • RRSP with company-matched contributions
  • Employee and Family Assistance Program
  • Subsidized gym membership
  • Time off for volunteering
  • Charitable matching for donations
Full Job Description
Job Title

Actuarial Manager

Job Description

We're actively seeking a talented senior actuary to join our Enterprise Capital Management team in Toronto, ON. This role follows a hybrid schedule.

As a Senior Actuary, you'll move Pacific Life, and your career, forward by advancing the company's capital stress testing analytics capabilities, supporting the assessment of capital adequacy across a range of adverse scenarios. You will work across functions to enhance methodologies, deliver actionable insights, and support key internal and external stakeholders, including senior management and the Board.

How you'll help move us forward:

  • Lead the execution of quarterly capital stress testing process and provide thoughtful explanation of changes in the Company's risk profile under multiple capital lenses (e.g. US RBC, Bermuda, Economic)
  • Implement updates to stress testing methodology and reporting capabilities in alignment with principle established in the Company's risk appetite framework
  • Maintain and enhance robust, transparent, and repeatable stress testing processes, aligned with capital management and reporting practices
  • Support the capital planning component of the annual strategic plan, including solvency ratio and excess capital projection and associated analytics
  • Partner with finance, risk, and actuarial teams across the enterprise on cross-functional projects and ad-hoc capital initiatives


The experience you bring:

  • Bachelor's degree in actuarial science, finance, mathematics, or a related field
  • FSA with 6+ years of actuarial experience within the life insurance and annuities industry
  • Strong analytical and problem-solving skills with attention to detail and intellectual rigor
  • Effective communicator with the ability to build relationships and collaborate across teams
  • Hands-on experience in capital planning, reporting, and analysis within a life insurance context
  • Familiarity with regulatory and economic capital frameworks and management reporting


LI-PC1

$143,100.00 - $166,.950.00 CAD

Compensation Range

The compensation range noted represents the company's good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location.

Benefits

Leave
  • 23 days of annual leave (Regular employees) with option to buy or sell more days
  • Fertility leave
  • Generous parental leave


Healthcare
  • Group Life Insurance and Accidental Death & Dismemberment coverage for all permanent employees
  • Dental & Optical benefits


Savings & Retirement
  • RRSP: company-matched contributions


Wellness
  • Employee and Family Assistance Program
  • Subsidized gym membership
  • Time off for volunteering
  • Charitable matching of employee donations


Use of AI

As part of our commitment to a fair and efficient hiring experience, we want to inform you that we may use artificial intelligence (AI) tools to assist in reviewing resumes, and during the assessment process, including through platforms like HireVue. These tools help us identify relevant qualifications and streamline evaluations, but final decisions are always made by our hiring team.

About Pacific Life Insurance Company

Pacific Life Insurance Company Careers

There has never been a more opportune time to join the dynamic team at Pacific Life Insurance Company—a leader in the insurance industry known for its commitment to innovation, leadership, and professional growth.

Work You’ll Do

Join Pacific Life Insurance Company’s esteemed team to assist in pioneering efforts that drive the insurance industry forward. At the intersection of technology, industry expertise, and digital innovation, Pacific Life Insurance Company stands as a beacon of transformative solutions and services. Lead in a unique position in the marketplace, leveraging deep industry knowledge and a commitment to digital innovation to enhance client experiences and outcomes. Engage with a diverse global team of business and technology advisors, helping clients navigate through their challenges with cutting-edge solutions. Collaborate with dedicated professionals who are at the forefront of integrating technology and insurance services to deliver exceptional results.

Introducing the Pacific Life Insurance Company Professional Growth and Development Initiative

The initiative aims to build a leading advisory team to guide some of the most well-known companies through their transformation journeys, utilizing innovative insurance solutions.

Do Innovative Work

Be part of a team that is not just the largest but the most knowledgeable in the insurance sector, with a focus on delivering targeted solutions through a depth and breadth of consulting experience that is unmatched.

Drive Innovation and Leadership

Work on a wide range of projects that harness the capabilities of Pacific Life Insurance Company’s robust technological and service-oriented frameworks.

Future-Proof Your Career

Advance your career with Pacific Life Insurance Company, where the opportunities for growth are vast, supported by comprehensive training, development, and certification programs.

Explore Job Opportunities and Internships

Discover various job opportunities and internship positions that allow you to bring your skills and passion to a team that values innovation and leadership. Pacific Life Insurance Company is committed to fostering a culture of diversity and inclusion, providing a platform for professional development and personal growth.

The Pacific Life Insurance Company Employment Experience

With a commitment to diversity training and a culture that promotes networking and professional growth, Pacific Life Insurance Company helps team members thrive in a supportive and dynamic environment. Clients and employees alike look to Pacific Life Insurance Company for leadership in creating industry-leading solutions that promote growth and innovation.

Stay Connected

Join the Team

Search open positions that match your skills and interests. Pacific Life Insurance Company seeks passionate, curious, creative, and solution-driven team players.

SEARCH PACIFIC LIFE INSURANCE COMPANY JOBS

Keep Up to Date

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