Director, Actuarial Oversight (Remote)

at Sun Life Financial (U.S.) Services Company, Inc. in Scarborough, Maine, United States

Job Description

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:

Location:We welcome applicants from anywhere in the U.S.

At Sun Life, we look for optimistic people who want to make life brighter for ourClients.We understand the value of diverse cultures, perspectives, and identities, and want you to bring your full and authentic self to work.Every day,you'll be empowered and challengedbyworking withdynamic colleaguesto find new and innovative ways to make Sun Life the best benefits company in America.

The opportunity:

As a member of the SLF US Central Actuarial team, the Director, Actuarial is a technical actuarial expert, and provides input and challenge on a wide range of actuarial topics. The focus is on the overall integrity of the actuarial function across SLF U.S., providing leadership within the US actuarial community; overseeing product governance; and monitoring key actuarial initiatives. The incumbent provides strong independent challenge to the Business Units and communicates regularly with key stakeholders within Central Finance and Corporate Actuarial.

How you will contribute:

Risk Management Expertise
Review and challenge actuarial assumptions used and identify risks for product development initiatives and annual rate studies for SLF U.S. and SLF International
Assist the Par Lead and Adjustable Lead actuary, providing review and challenge of par and adjustable product management
Provide oversight and challenge for the Value of New Business and Source of Earnings reporting processes

Ensure Compliance with the Actuarial Governance Policy and relevant Risk Management policies
Own the following Risk policies for SLF U.S. and SLF International: US Product Design and Pricing, Par, Adjustable, Dynamic Capital Adequacy Testing, Source of Earnings and Value of new Business operating guidelines, ensuring consistency with the respective enterprise policies
Work with the Business Units to ensure compliance with applicable Actuarial Governance policy

Consolidation and Oversight
Manage and analyze results for capital stress testing, Goodwill testing (if an actuarial appraisal is performed), and other actuarial projections, as requested
Review and ensure accuracy of surplus income modelling

Monitor key actuarial initiatives across the US actuarial community
Manage an actuarial resource; providing opportunities for their professional growth
Function as US actuarial liaison with Corporate Actuarial and Central Finance
Champion continuous process improvement and simplification with respect to financial reporting and analysis

What you will bring with you:
Bachelor's Degree
FSA or similar actuarial designation
6+ years of experience
Strong financial and business acumen
Strong communication and presentation skills
Proven ability to build relationships with peers and key stakeholders
Experience with IFRS reporting is desired

Do you see yourself in this role even if you haven't checked all the boxes above? We welcome all talented candidates and are committed to a culture that represents diversity in all forms. If you think you might thrive in this setting, we would love to hear from you.

Not ready to apply yet but want to stay in touch?  to stay connected until the time is right for you!

Life is brighter when you work at Sun Life

Excellent benefits and wellness programs to support the three pillars of your well-being - mental, physical and financial - including generous vacation and sick time,... For full info follow application link.

Sun Life Financial is an equal employment and affirmative action employer. All qualified applicants will receive consideration without regard to race, color, sex, religion, age, national origin, disability, veteran status, sexual orientation, gender identity or expression, marital status, ancestry or citizenship status, genetic information, pregnancy status or any other characteristic protected by law. Sun Life Financial is committed to building a diverse and inclusive company culture.

Sun Life Financial is a leading provider of group insurance benefits in the U.S., helping people protect what they love about their lives. More than just a name, Sun Life symbolizes our brand promise of making life brighter – for our customers, partners, and communities. Join our talented, diverse workforce and launch a rewarding career. Visit us at to learn more.

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Job Posting: 875583

Posted On: Jan 12, 2023

Updated On: Feb 19, 2023

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