Actuary Manager; FSA - Annuity Projections

Position: Actuary Manager (FSA) - Fixed Annuity Projections
## Actuary Manager (FSA) - Fixed Annuity Projections Apply locations:
Toronto-40 CAtime type:
Full time posted on:
Posted Todayjob requisition :
R16547
**** Job Title
**** Actuary Manager (FSA) - Fixed Annuity Projections
**** Job Description
**** Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead – our policyholders count on us to be there when it matters most. It’s a big ask, but it’s one that we have the power to deliver when we work together. We collaborate and innovate – pushing one another to transform not just Pacific Life, but the entire industry for the better.

Why? Because it’s the right thing to do. Pacific Life is more than a job, it’s a career with purpose. It’s a career where you have the support, balance, and resources to make a positive impact on the future – including your own.

We’re actively seeking a talented
** senior level actuary** **(FSA)
** to join our
** Enterprise Valuation Fixed Annuity Projections
** team in
** Toronto, ON.
** This role follows a hybrid schedule.
** As a qualified actuary of the Enterprise Valuation Fixed Annuity Projections team, you will be primarily responsible for leading, planning and executing actuarial projections for fixed annuities with accountability for decisions, outcomes and impacts of those projections.
** With upcoming advancements in regulatory reserving requirements for fixed annuities the traditional division between retail and institutional fixed annuities is blurring. This role provides a unique opportunity to develop expertise in both individual and group fixed annuities by providing support across two other teams within the fixed annuity projections function. This support will include traditional actuarial exercises such as asset adequacy testing and C3-Phase I along with more modern concepts such as economic reporting and offshore reinsurance as well the ongoing modernization effort of those long-standing regulatory exercises.

You will fill an individual contributor new role that sits on a team with 2 team leaders; however, you will also provide direct support to those two team leaders. Your colleagues will include both fully remote and hybrid team members.

** How you’ll help move us forward:
*** Support the timely and accurate preparation of the Actuarial Opinion and Memorandum on Asset Adequacy Testing, C3 Phase I scenario testing, economic reporting and all other projection reporting in accordance with regulatory, or internally defined, requirements as applicable
* Lead and develop the consolidation of the operating model between both the individual and group fixed annuities projection processes
* Consolidate and eliminate redundancy across shared tasks including but not limited to data aggregation, attribution analysis, memorandum, dashboard and presentation material
* Become a subject matter expert in regard to the fixed annuities actuarial projection models including their pre and post processing workflow
* Develop and translate model enhancements into business requirements through analysis as well as perform testing and validation of those enhancements
* Maintain proper controls and processes consistent with Model Risk Management (MRM) guidance
* Produce and/or help review reports/analytics supporting actuarial projection exercises and take initiative to streamline those reporting processes
* Collaborate with colleagues across the function and beyond; interact closely with team leaders and senior management, build strong relationships and seek out to provide actuarial interpretation and expertise to others
* Communicate effectively with various audiences of diverse educational backgrounds ranging from new hires to actuarial and non-actuarial senior management
* Maintains awareness of new product activities and regulatory changes and support their implementation
* Develop tools to enhance model efficiency and analytics in relation to inputs, computation and outputs
** The experience you bring:**
* *
* Required:

FSA with 6+ years of related actuarial experience
*** Bachelor's degree
* Experience with asset and liability projections
* Strong stakeholder management and interpersonal skills
* Excellent…