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Assistant Vice President, Corporate Actuarial

Job in Toronto, Ontario, M5A, Canada
Listing for: Foresters Financial
Full Time position
Listed on 2026-06-23
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Actuary
Job Description & How to Apply Below
Job Description

Key Responsibilities

1. Actuarial Systems, Data & Reporting

  • Lead actuarial system change management initiatives, including AXIS and Risk Integrity enhancements, to strengthen governance and reporting capabilities
  • Oversee actuarial data governance frameworks, ensuring data integrity, controls, and alignment with actuarial and enterprise data standards
  • Support new business implementation from an actuarial systems and reporting perspective, addressing data, modelling, and process implications
  • Drive continuous improvement in valuation processes, automation, and documentation

2. Asset-Liability Management (ALM)

  • Review and recommend economic assumptions and target asset allocations in alignment with investment mandates
  • Act as asset model owner
    , partnering with the CIO and external asset managers to enhance modelling capabilities and analytics (e.g., Tru View)
  • Support integration of ALM insights into capital, valuation, and business planning processes

3. New Business Profitability & Planning

  • Oversee quarterly new business profitability reporting
    , including analysis of results versus plan and prior periods
  • Lead development and review of the new business plan
    , assessing profitability, capital usage, and risk profile
  • Provide insights to senior management on product performance, pricing adequacy, and emerging trends
  • Support strategic initiatives including new product development and in-force management actions

4. Leadership & Stakeholder Engagement

  • Lead and develop a team of actuarial professionals , fostering a high-performance, collaborative culture
  • Build strong working relationships across Finance, Risk, and Product
  • Communicate complex actuarial and financial insights clearly to senior stakeholders
  • Contribute to broader Corporate Actuarial leadership, including process improvements and strategic initiatives
  • Advocate for and support ongoing mentoring and development through the Actuarial Rotation program
Key Qualifications
  • Fellowship (FSA/FCIA) with 10+ years of relevant actuarial experience
  • Strong experience in valuation, capital, ALM, or financial reporting within life insurance
  • Deep understanding of Canadian (IFRS
    17, LICAT), and U.S accounting and capital regimes
  • Proven leadership experience with ability to manage teams and influence across functions
  • Strong analytical and problem-solving skills, with ability to navigate complex issues
  • Excellent communication skills, including executive-level presentation and report writing
  • High degree of accountability and professionalism,
  • Results oriented with a keen focus on quality and delivering value; ability to balance multiple priorities and projects.
  • Strong attention to detail while retaining focus on the “big picture” and top risks
  • Deep technical experience with Axis and Risk Integrity

#LI-Hybrid

Salary Range:

$ - $

The 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.

Please note that this posting is intended to fill an existing vacancy; however, there may be instances where more than one vacancy is available for the same role.

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