AVP & Actuary, Pricing

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.

Department:
Pricing
Reporting to: VP, Pricing

ivari is part of Sagicor Financial Corporation, a leading financial services provider based on 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.

Reporting to the Vice President, Pricing, the AVP & Actuary, Pricing will be responsible for pricing initiatives for individual insurance products. This role will be responsible for negotiating reinsurance, monitoring and reporting on pricing profitability, and reviewing and assessing the appropriateness of assumptions used in pricing. The AVP will serve as a mentor and leader within the pricing team, supporting talent development and fostering an environment of continuous learning and innovation.

• Support the VP in leading the development of our universal life, term, guaranteed life, simplified life, and critical illness products, as well as in the development of future individual insurance products
• Lead the negotiation of reinsurance for individual insurance new business to optimize pricing profitability
• Lead the reporting of individual insurance new business profitability
• Review and provide insights into individual insurance pricing profitability to help ensure results are reasonable and account for all material risks
• Ensure compliance with established pricing and risk management policies
• Be integral in key research and development activities leading to innovative insurance-based solutions
• Provide actuarial leadership and direction on pricing and reinsurance assumptions and methodology
• Work closely with key functions including Product Management, Reinsurance Administration and Underwriting to ensure pricing alignment with business goals
• Ensure clear and concise communication to management, focused on business drivers
• Maintain a deep understanding of client requirements, regulatory developments and market trends to inform pricing decisions
• Be familiar with actuarial valuation standards, CIA guidance material and OSFI guidelines
• Be familiar with accounting and capital frameworks (IFRS 17 and LICAT 2025)
• Manage resources and staff development including coaching, mentoring and performance assessment
• Possess strong leadership skills and the ability to work collaboratively with a team to make the most of their abilities and recognize their full potential

• FCIA
• University degree in actuarial science, mathematics, statistics or a related field
• Minimum of 10 years of relevant experience in the individual insurance and/or reinsurance industry
• Superior organizational skills with the ability to effectively manage multiple and changing priorities
• Strong analytical, decision-making and negotiation skills
• Working knowledge of capital and accounting bases relevant to pricing decisions
• Excellent verbal and written communication skills, focusing on relevant information and being able to explain complex concepts in easily understandable terms to a wide range of audiences
• Excellent stakeholder management skills, capable of influencing and engaging across all levels
• Demonstrated ability to lead and mentor a high-performing team of pricing professionals
• Ability to understand and interpret complex guidelines and incorporate them into pricing models

$140,000 to $190,000

At ivari, it's important for us to keep our people motivated, recognized,…