The Role
Lead actuarial experience studies, develop valuation and financial reporting assumptions, analyze insurance data, and present recommendations to senior actuarial leaders. Manage modeling challenges, issue resolution, and strategic projects that improve accuracy and operational efficiency. The role requires expertise in GGY AXIS, life and health insurance products, actuarial analysis, stakeholder communication, and mentoring actuarial professionals.
Summary Generated by Built In
What we do every day to be our very best
Every day at Securian Canada means a day spent helping Canadians and their families build secure tomorrows. We’re agile and innovative, and we aren't afraid to challenge and create, or bring diverse perspectives to our work.
Who we need
As the Actuary, Experience Studies and Special Projects, you will play a key role within our Valuation team, combining actuarial expertise, strategic thinking, and innovation to drive meaningful business impact. We are looking for a curious, analytical, and forward-thinking professional who thrives on transforming complex data into actionable insights and influencing important business decisions.
In this role, you will lead actuarial experience studies, analyzing historical experience, industry trends, and financial results to develop well-supported assumptions that contribute to valuation, capital management, and financial reporting. Leveraging a deep understanding of product design and policyholder characteristics, you will develop robust analyses and meaningful insights, communicating recommendations and findings to the Appointed Actuary and Chief Actuary.
You will also lead strategic projects spanning modeling accuracy, operational efficiency, and business analysis, helping evolve how our actuarial function supports the broader organization. The ideal candidate embraces Securian Canada's values by Starting with Wonder, bringing curiosity and a growth mindset to solve complex challenges; Leading from the Heart, collaborating authentically and valuing diverse perspectives; and Making Smart Moves, taking ownership and confidently turning ideas into results.
Above all, you are passionate about continuous improvement, eager to challenge the status quo, and motivated by the opportunity to connect actuarial insights to broader business outcomes that help us build secure tomorrows.
The base salary range for this position is between $85,000 to $115,000 depending on experience. Details of our additional benefits are outlined below. This job posting is for an existing vacancy. Only one position is available. However, it may be based in multiple locations: Toronto (ON), or Waterloo (ON), Montreal (QC), or Burnaby (BC).
Who we need
As the Actuary, Experience Studies and Special Projects, you will play a key role within our Valuation team, combining actuarial expertise, strategic thinking, and innovation to drive meaningful business impact. We are looking for a curious, analytical, and forward-thinking professional who thrives on transforming complex data into actionable insights and influencing important business decisions.
In this role, you will lead actuarial experience studies, analyzing historical experience, industry trends, and financial results to develop well-supported assumptions that contribute to valuation, capital management, and financial reporting. Leveraging a deep understanding of product design and policyholder characteristics, you will develop robust analyses and meaningful insights, communicating recommendations and findings to the Appointed Actuary and Chief Actuary.
You will also lead strategic projects spanning modeling accuracy, operational efficiency, and business analysis, helping evolve how our actuarial function supports the broader organization. The ideal candidate embraces Securian Canada's values by Starting with Wonder, bringing curiosity and a growth mindset to solve complex challenges; Leading from the Heart, collaborating authentically and valuing diverse perspectives; and Making Smart Moves, taking ownership and confidently turning ideas into results.
Above all, you are passionate about continuous improvement, eager to challenge the status quo, and motivated by the opportunity to connect actuarial insights to broader business outcomes that help us build secure tomorrows.
The base salary range for this position is between $85,000 to $115,000 depending on experience. Details of our additional benefits are outlined below. This job posting is for an existing vacancy. Only one position is available. However, it may be based in multiple locations: Toronto (ON), or Waterloo (ON), Montreal (QC), or Burnaby (BC).
What you will do
- Lead experience study production with high degree of technical acuity and generation of business insights.
- Lead the investigation, problem solving, solutioning and implementation of various projects as needed to enhance the function of the business.
- Present recommendations and results to Appointed Actuary and Chief Actuary.
- Seek innovative solutions to bring greater efficiency, accuracy and insights to business performance.
- Manage issue log and approximation list reviews and resolutions.
- Work closely with analysts and valuation Director to manage and complete tasks in the required timelines.
What you will bring
Must Have
- Associate of the Canadian Institute of Actuaries (ACIA) or equivalent actuarial designation, with progression toward Fellowship (FCIA).
- 4+ years of actuarial experience within the insurance industry, including experience in valuation, financial reporting, modeling, or financial analysis.
- Strong GGY AXIS modeling expertise and experience solving complex modeling challenges.
- Experience leading or mentoring actuarial professionals.
- Experience with Life, Critical Illness, and Disability insurance products.
- Proven experience leading end-to-end actuarial experience studies, including data analysis, assumption development, and recommendations.
- Strong analytical, problem-solving, and decision-making skills with the ability to translate technical findings into business insights.
- Strong communication and stakeholder management skills, including the ability to influence and communicate effectively with technical and non-technical audiences.
- Proficiency with actuarial and analytical tools such as Excel, R, and databases.
- Self-motivated, accountable, and driven to continuously improve processes and challenge the status quo.
- FCIA (or equivalent) designation.
- Knowledge of IFRS 17 and LICAT capital requirements (US GAAP is an asset).
- Experience leading change initiatives and building support across cross-functional teams.
- Ability to thrive in a fast-paced environment with competing priorities and tight deadlines.
Why join?
When you’re a part of Securian Canada, you’re a member of an agile and innovative, high-performing, bright-thinking, make-things-happen culture – so that together, we can discover the art of possible.
At our company, we see your potential on day one and challenge you to grow your unique strengths as you create a career filled with opportunity, collaboration, and purpose.
You’ll also be part of a team that’s committed to diversity, equity, and inclusion, and who values diverse perspectives, so that you can be the person you want to be – both in, and outside, work.
Securian Canada offers a competitive total rewards program with a variety of perks and benefits, including:
- Flexible work arrangements with monthly financial allocations to support your work-life balance;
- Generous starting paid vacation time, plus additional vacation days for every year of service;
- Paid volunteer day so you can dedicate time to a cause you are passionate about;
- Paid personal and wellness days to support your total wellbeing;
- Educational assistance of up to $3,500 a year (with approval from your manager);
- Flexible health and wellness account (in addition to comprehensive drug and dental coverage) to help pay for a wide range of wellbeing services that are meaningful to you;
- Up to 14% of combined contributions to the RRSP matching program;
- Family-friendly maternity/parental leave and,
- Many more benefits, perks and programs.
If you have at least 70% of the qualifications we're looking for, want to work in a fast-growing, leading and progressive company, and feel driven to help Canadians and their families build secure futures – we want to hear from you!
Take the first step in building your future with Securian Canada. Apply now.
Securian Canada is committed to providing a barrier-free work environment and equal access to employment for all qualified applicants. As such, upon request, Securian Canada will work with applicants that require reasonable accommodations during the recruitment process. Please contact [email protected] for accommodation requests. All information shared during any accommodation request process will be stored and used only in a manner that is consistent with applicable laws and Securian Canada/Canadian Premier Life Insurance Company policies.
About
Who we are – and who we’re here forAt Securian Canada, we help Canadians build secure tomorrows. We design solutions that help our partners provide coverage to people that traditional insurers don’t effectively serve because we believe insurance is for everyone. We work with our nation’s leading banks, credit unions, member organizations and many more partners to deliver insurance solutions for all Canadians, including traditionally underserved populations. Our approach brings together intuitive technology, human insight, and a flexible, collaborative model that creates value for the people and partners we serve. Established in 1955, Securian Canada is a leading insurance provider that operates as an independent subsidiary of Securian Financial Group, Inc. For more information, visit securiancanada.ca.
Skills Required
- Associate of the Canadian Institute of Actuaries (ACIA) or equivalent actuarial designation, with progression toward Fellowship (FCIA)
- At least 4 years of actuarial experience within the insurance industry
- Experience in valuation, financial reporting, modeling, or financial analysis
- Strong GGY AXIS modeling expertise and experience solving complex modeling challenges
- Experience leading or mentoring actuarial professionals
- Experience with Life, Critical Illness, and Disability insurance products
- Experience leading end-to-end actuarial experience studies, including data analysis, assumption development, and recommendations
- Strong analytical, problem-solving, and decision-making skills
- Ability to translate technical findings into business insights
- Strong communication and stakeholder management skills
- Proficiency with actuarial and analytical tools such as Excel, R, and databases
- Self-motivated, accountable, and committed to continuous process improvement
- FCIA or equivalent designation
- Knowledge of IFRS 17 and LICAT capital requirements
- Knowledge of US GAAP
- Experience leading change initiatives and building support across cross-functional teams
- Ability to thrive in a fast-paced environment with competing priorities and tight deadlines
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The Company
What We Do
Securian Canada is a leading insurance provider offering innovative, life-ready insurance and financial protection solutions designed to help Canadians build secure tomorrows.
