Managing Actuary, Capital, Corporate Actuarial

Welcome to ivari

Let us introduce ourselves. With 300 employees across Canada, ivari is a company that’s making a difference in the world of life insurance. How? By finding and hiring employees who are passionate about helping people protect their families, and by giving them the best, most supportive workplace possible.

ivari is part of Sagicor Financial Corporation, a leading financial services provider based in the Caribbean, with a strong presence in North America. We offer a wide range of products and services, including life and health insurance, annuities, pension administration and investment services.

At ivari, everyone is welcome! It is our mission to attract, develop, and retain a workforce that is as diverse as the customers we serve and the communities in which we do business. We offer an inclusive and accessible work environment where all employees and customers feel valued, respected, and supported.

Here’s the job opportunity…

This position is an existing vacancy.

You will be responsible for conducting a broad range of actuarial tasks within the Corporate Actuarial Department of ivari, including quarterly LICAT reporting, Financial Condition Testing, enterprise-wide stress testing, capital impact analysis of alternative assets, regulatory capital initiatives, capital management, experience studies, and sensitivity and stress testing.

You will…

• Ensure clear and concise communication of regulatory capital to management focused on business drivers
• Provide value added analysis of results, focusing on impact on capital
• Become thoroughly familiar with actuarial valuation standards, CIA guidance material and OSFI guidelines in order to ensure accurate technical implementation
• Become thoroughly familiar with the accounting and capital frameworks (IFRS 17 and LICAT 2025)
• Coordinate and conduct periodic and ad hoc sensitivity testing
• Become subject matter expert in capital, business drivers, LICAT treatment of alternative assets, etc.
• Provide expertise on streamlining the valuation and capital infrastructure, especially in the context of the current frameworks
• Provide leadership, coaching, and mentorship to junior actuarial staff, supporting their technical, professional, and career development
• Foster a high-performance and collaborative culture

What we are looking for…

• Fellow of the Canadian Institute of Actuaries (FCIA)
• University degree in Actuarial Science, Mathematics, Statistics, or related area
• Minimum of 7+ years’ relevant experience in the life insurance industry
• Strong verbal and written communication skills, with the ability to explain complex concepts to both technical and non-technical audiences[MN1]
• Knowledge and experience with accounting and regulatory capital frameworks including IFRS 17 and LICAT
• Ability to understand and interpret complex guidelines and replicate the calculation in models and spreadsheets
• Strong people management and coaching skills
• Knowledge of and experience with AXIS and Risk Integrity is an asset
• Knowledge of individual life and annuity products (including term, Universal Life, critical illness, segregated funds, payout annuities)
• Strong analytical and problem-solving abilities
• Ability to collaborate effectively to deliver on organizational goals
• Ability to manage multiple priorities and meet tight deadlines

What we pay…

Salary Range: $120,000 to $165,000

What's in it for you…

At ivari, it's important for us to keep our people motivated, recognized, and rewarded. We offer competitive base salaries plus a bonus, one of the many reasons ivari is a great place to work.

We also offer health and dental benefits for the entire family from Day 1! But that’s just the beginning. When you join the ivari team you also get…

• Competitive compensation and annual bonus opportunity
• Comprehensive health and dental benefits [for you and your family]
• Pension and employee savings plans with company matching contributions
• Hybrid work arrangement with dedicated in-office collaboration days
• Competitive vacation and paid time-off programs
• Professional development and continuous learning opportunities
• Collaborative culture where individual contributions have visible impact
• Wellness programs supporting physical and mental health

Who you are…

Someone who enjoys a culture where everyone is genuinely respectful, and you can be your authentic self every day. Your contributions and opinions are not only sought but valued. You know the importance of, and live by, our core values of…

• Bringing clarity and focus to your work
• Taking ownership and doing what you say you will
• Remaining flexible
• Collaborating with others

Does this sound like you? We’re looking for great people to join our team!

Our commitment to inclusivity is reflected in the safeguards, policies, and commitments we have in place to remove barriers and provide equal opportunities to prospective and current employees, without discrimination.

To apply, please email your resume to: [email protected]

A Human Resources representative is available to consult with applicants who require accommodation in the application or recruitment process. Any information shared by the applicant about an accommodation will be treated as confidential. If you do require an accommodation, please email [email protected]

** ivari does not utilize AI in our recruitment process to screen, select, or assess applicants