Vice President, Actuary

VP, Actuary

Location: Vancouver, BC (preferred)
Status: Permanent, Full-Time
Reports to: EVP, Finance (subject to change)
Salary Range (Base):
CAD $180,000 – $260,000
, commensurate with experience, qualifications, and location (BC, Ontario, Quebec). This position is also eligible for a corporate variable pay our performance bonus and a comprehensive benefits package.

The VP, Actuary leads the Actuarial Services function responsible for evaluating and analyzing statistical data, pricing, forecasting risk and liability, and managing the underwriting performance of insurance and warranty products.

This role is accountable for delivering clear, decision-ready insights to OEM partners, the Senior Leadership Team, and the Board regarding current results and future projections for LGM’s underwriting portfolio. The VP, Actuary works closely with insurer partners and external actuaries to ensure sound practices, strong governance, and sustainable profitability.

• Set the vision, priorities, and standards for pricing, reserving, and portfolio analytics across insurance, group credit, warranty, and service contract programs.

• Partner with senior leadership to assess performance and recommend actions that optimize profitability, growth, and risk.

• Represent the actuarial function with insurers, OEMs, auditors, and regulators as required.

• Own pricing and reserving methodologies and ensure assumptions are robust, documented, and aligned with target underwriting outcomes.

• Lead regular reviews of pricing adequacy and reserve sufficiency; recommend and implement enhancements.

• Direct quarterly and annual analyses including ultimate loss ratios, profitability, experience bonuses, and warranty gain/loss projections.

• Oversee claims liability analyses and manage external actuarial reviews.

• Maintain actuarial models supporting pricing, reserves, and portfolio monitoring.

• Communicate emerging trends such as severity, frequency, inflation, mix of business, and regulatory developments.

• Ensure compliance with provincial insurance and consumer protection requirements.

• Support regulatory filings and respond to audit or regulator inquiries.

• Maintain strong actuarial governance, documentation, and model validation.

• Provide or oversee actuarial opinions where required.

• Support Finance and Risk Management in understanding reserve volatility and capital impacts.

• Contribute to stress testing and scenario analysis.

• Provide actuarial expertise on reinsurance or other risk-transfer structures.

• Evaluate new products and opportunities to deliver competitive, profitable solutions.

• Help partners understand pricing methodology, product structures, and expected outcomes.

• Support profit-share and experience settlement strategies.

• Define actuarial data and reporting requirements.

• Partner with technology, finance, underwriting, and operations to ensure systems support accurate measurement and monitoring.

• Champion data quality, predictive analytics, and enhanced segmentation.

• Provide actuarial inputs to forecasts, budgets, and long-range planning.

• Align assumptions with financial reporting frameworks.

• Support understanding of how investment assumptions interact with liabilities.

• Lead, coach, and develop a high-performing actuarial team.

• Establish clear goals, succession plans, and professional development pathways.

• Foster technical excellence and strong business partnership.

• Provide additional support to senior leadership as required to meet financial and strategic objectives.

• Self-Management

• Results Focused

• Effective Communicator

• Empowers and Coaches Others

• Collaboration and Influence

• Builds Teams

• Innovation and Change Leadership

• Strategic Orientation

• Strong understanding of financial statements and financial reporting in support of actuarial analysis.

• Proven ability to lead complex, multi-stakeholder initiatives.

• Executive-level communication skills; able to translate…