Actuarial Associate, Financial Planning and Analysis
- Toronto, ON, Canada
Full-time
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Job details
- Job type
- Full-time
- Apply by
- Experience
- Minimum of 3+ years relevant experience in the life insurance industry
- Posting language
- English
- Posted
Original job description
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.
ivari is part of Sagicor Financial Corporation, a leading financial services provider with over 185 years of history operating across the Caribbean, US, and Canada. 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.
Here’s the job opportunity…
This position is an existing vacancy.
The Actuarial Associate will support the Managing Actuary, FP&A in financial reporting, planning and forecasting. This role involves preparing presentations and conducting business performance analytics to provide insights to senior management and collaborating across the organization to meet financial reporting requirements.
In This Role You Will
- Support financial reporting, including forecasts and variance analysis; prepare presentations and reports for management review
- Perform detailed drivers of earnings variance analysis versus plan, forecast, and prior periods, identifying key drivers and emerging trends
- Assist in preparing financial information and analytics for external communication as required
- Assist in preparing annual financial plan by coordinating inputs across various teams, analysing results and preparing final reports and board presentations
- Gather and analyze financial and non-financial data to support business decisions
- Support scenario and sensitivity analysis to assess financial impacts of business and economic changes
- Contribute to process improvement initiatives and support the implementation of financial tools, models and systems
- Support various ad-hoc projects and strategic initiatives as needed
- Support broader Corporate Actuarial deliverables as needed
- 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
- Knowledge of individual life and annuity products
- Knowledge and experience with Canadian accounting and regulatory capital frameworks including IFRS 17 and LICAT
- Strong knowledge of Excel. Experience with Workiva, AXIS and programming tools (e.g. R, SQL, Python) would be an asset
- Strong communication and interpersonal skills
Range: $85,000 - $110,000
What's In It For You…
At ivari, it's important for us to keep our people motivated, recognized and rewarded. We offer competitive base salaries plus a bonus, one of the many reasons ivari is a great place to work.
We also offer health and dental benefits for the entire family from Day 1! But that’s just the beginning. When you join the ivari team you also get…
- Competitive compensation and annual bonus opportunity
- Comprehensive health and dental benefits [for you and your family]
- Pension and employee savings plans with company matching contributions
- Hybrid work arrangement with dedicated in-office collaboration days
- Competitive vacation and paid time-off programs
- Professional development and continuous learning opportunities
- Collaborative culture where individual contributions have visible impact
- Wellness programs supporting physical and mental health
You are a team player who not only understands our core values but lives them every day. You know the importance of…
- 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. To apply, please email your resume to: human.resources@ivari.ca
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 human.resources@ivari.ca .
- ivari does not utilize AI in our recruitment process to screen, select, or assess applicants
More about this job
Responsibilities
Support financial reporting, forecasting, annual planning, and detailed earnings variance analysis, preparing reports and presentations for management and external communications. Analyze financial and non-financial data, assess scenarios and business impacts, improve financial processes and tools, and contribute to corporate actuarial projects.
Requirements
Requires a university degree in actuarial science, mathematics, statistics, finance, or a related field, at least three years of relevant life insurance experience, and an Associate designation from the Society of Actuaries or Canadian Institute of Actuaries. Candidates should know individual life and annuity products, Canadian accounting and regulatory capital frameworks including IFRS 17 and LICAT, and Excel; Workiva, AXIS, programming tools, and strong communication skills are also noted.
Skills
- Financial Reporting
- Forecasting
- Variance Analysis
- Financial Planning
- Business Performance Analytics
- Scenario And Sensitivity Analysis
- Financial Modeling
- Excel
- IFRS 17
- LICAT
- Life Insurance
- Annuity Products
- Data Analysis
- Presentation Preparation
- Communication
- Process Improvement
Benefits
- Competitive Compensation
- Annual Bonus Opportunity
- Health And Dental Benefits
- Pension And Employee Savings Plans With Company Matching
- Hybrid Work Arrangement
- Vacation And Paid Time Off
- Professional Development
- Collaborative Culture
- Wellness Programs
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Data & Analytics
Keywords
- Actuarial Science
- Financial Planning And Analysis
- Financial Reporting
- Forecasting
- Variance Analysis
- Earnings Drivers
- Annual Financial Plan
- Business Performance Analytics
- Scenario Analysis
- Sensitivity Analysis
- Life Insurance
- Individual Life Products
- Annuities
- Canadian Accounting
- IFRS 17
- LICAT
- Excel
- Workiva
- AXIS
- R
- SQL
- Python
- Financial Models
- Regulatory Capital
- Board Presentations
- Process Improvement
- Society Of Actuaries
- Canadian Institute Of Actuaries