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.

Job Summary
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.

What You’ll Do
Leadership & Strategy

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.

Pricing, Reserving & Portfolio Analytics

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.

Regulatory, Compliance & Governance

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.

Capital, Risk & Reinsurance

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.

Business Development & Partner Support

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.

Data, Systems & Advanced Analytics

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.

Finance & Investment Support

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.

People Leadership

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.

Other

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

Leadership Competencies

Self-Management

Results Focused

Effective Communicator

Empowers and Coaches Others

Collaboration and Influence

Builds Teams

Innovation and Change Leadership

Strategic Orientation

What You Bring
Skills

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…