Director, Reinsurance and Strategic Initiatives

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues – experts in their fields – who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients – who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

Sun Life Health – Group Benefits is seeking a Director for Reinsurance & Strategic Initiatives.

Reporting to the AVP, Planning and Strategic Initiatives, this role provides an opportunity for an independent thinking individual to solve key business problems in Sun Life Health – Group Benefits.

Responsibilities:

• Explore opportunities to improve income, reduce expenses or increase capital efficiency:

• Lead cross-functional teams designed to solve key business problems within Sun Life Health – Group Benefits
• Perform deep dives to find insightful and actionable solutions to improve income, reduce expenses or increase capital efficiency
• Potential for involvement in mergers & acquisitions and strategic partnerships
• Provide ad-hoc support & work on special projects as required

• Partner with external reinsurance companies and internal partners to ensure the right reinsurance solutions are in place
• Partner with business development to develop and monitor progress towards annual sales plan

• Understand how value is created and the emergence of profit over time and influence and advocate for change where needed

• Develop and lead actuarial students and build the best performing team
• Build and maintain strong relationships with key stakeholders and partners

Qualifications:

• Qualified Fellow of the Society of Actuaries (FSA)
• As this position is posted in several locations, we specify that bilingualism (French, English, both oral and written) is required for Quebec only for the frequent interactions with English and French-speaking colleagues or internal partners across Canada or worldwide
• Strong collaboration and inter-personal skills
• Strong organizational agility and project management skills
• Highly motivated and independent thinking individual
• Excellent communication skills (written, verbal, and presentation) with the ability to explain complex ideas to non-actuaries
• Strong technical, analytical, and problem-solving skills that allow for deep actuarial analysis
• Previous knowledge of group benefits, an asset

The Base Pay range is for the primary location for which the job is posted.  It may vary depending on the work location of the successful candidate or other factors.  In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance.  Certain sales focused roles have sales incentive plans based on individual or group sales results. 

Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds.

Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to thebrightside@sunlife.com.

At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

Salary Range:

111,100/111 100 – 177,800/177 800

Job Category:

Actuarial

Posting End Date:

30/05/2023