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:

About the role

Reporting to the AVP, Planning and Strategic Initiatives, this role provides an opportunity for a creative thinker to solve key business problems in Sun Life Health.

What you'll be doing

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

• Support development of and facilitate Sun Life Health Finance’s roadmap to generate shareholder value

• Lead cross-functional teams designed to solve key business problems within Sun Life Health

• 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

What you'll need to succeed

• Qualified Fellow of the Society of Actuaries (FSA)

• 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 would be an asset

• As this position is posted in several locations, we specify that bilingualism (French, English, both oral and written) is required for Quebec only as the position includes managing both French and English-speaking staff (Quebec and outside Quebec) and providing daily support to the team.

What's in it for you

• Being a member of the Sun Life family, a group of people united by our Purpose: to help Clients and Employees achieve lifetime financial security and live healthier lives.

• In 2024, Sun Life ranked among the top 100 most sustainable global corporations by Corporate Knights for the 15th consecutive year, leading Canadian insurers.

• We are proud to be on the 2024 Best Workplaces in Canada list by Great Place to Work.

• We’re also listed as one of the Best Workplaces for Women and Best Workplaces with Most Trusted Executive Teams.

• Our unique Sabbatical Program gives you the opportunity to take up to 6 weeks off, every five years.

• Care Days available for self-care or care of others (i.e., family or others you may support) and Sick Days to support your well-being.

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.

We are proud to be a hybrid organization that offers our employees the choice and flexibility to work from both the office and virtually based on the needs of the business, our Clients and you! Several 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:

120,000/120 000 - 190,000/190 000

Job Category:

Actuarial

Posting End Date:

02/09/2025