Actuarial Associate, Capital

Salary Range: $85,000 - $110,000

The Actuarial Associate, Capital will be responsible for conducting a wide range of actuarial tasks within ivari’s Corporate Actuarial Department. This includes supporting LICAT reporting, FCT (financial condition testing), actuarial inputs to risk sensitivities, regulatory capital initiatives, capital management, actuarial valuation of liabilities, analysis of drivers of earnings, experience studies, business forecasts, and sensitivity / shock testing.

• Support quarterly LICAT regulatory capital reporting including consolidation, analysis of the results, preparation of regulatory filing and management reporting
• Conduct scenario and sensitivity analysis to assess financial impacts of business and economic changes, including Capital-at-Risk, Financial Condition Testing (FCT), and enterprise-wide stress testing
• Participate in ad hoc projects such as supporting quantitative impact studies for regulatory capital changes and performing capital analysis for potential investment transactions
• Contribute to the development and maintenance of actuarial models for the segregated fund product, including experience studies and assumption reviews
• Assist in preparing reports and presentations for management review
• Develop a strong understanding of accounting and capital frameworks including IFRS 17 and LICAT 2025
• Build subject matter expertise in valuation, capital, and key business drivers
• Support initiatives to streamline and enhance valuation and capital infrastructure
• Communicate clearly and effectively with the team members and manager

Salary Range: $85,000 - $110,000

• University degree in Actuarial Science, Mathematics, Statistics, Finance or related area
• Minimum of 3+ years relevant experience in the life insurance industry
• Associate of the Society of Actuaries or Canadian Institute of Actuaries designation
• Relevant experience in an actuarial role considered an asset
• Knowledge of individual life and annuity products; experience in reinsurance would be an asset
• Knowledge and experience with accounting and regulatory capital frameworks including IFRS 17 and LICAT
• Strong knowledge of Excel. Experience in ATLAS, AXIS and programming tools (e.g. SQL, Python, R) would be an asset
• Strong communication and interpersonal skills

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

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.

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

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