Current jobs related to Actuary Manager - Wellesley, Massachusetts - Sun Life

Sun Life is seeking a highly skilled Actuary Manager to join our team. As a key member of our Group Benefits team, you will be responsible for managing the valuation and actuarial financial reporting activities for Group Benefits National Accounts, Fullscope RMS, and Stop Loss & Health.

• Manage multiple financial functions, providing strategy and direction for financial controls and planning.
• Manage internal/external relationships and alert senior management to risks and exposures.
• Interact with internal/external auditors, tax regulators, etc.; ensure financial controls are in place; provide critical information to senior management for financial planning and decision making.
• Develop, implement, and document valuation assumptions for all reserve bases: IFRS, NAIC, and Tax (including their annual updates in Experience Studies/ACMA).
• Lead the development, implementation, and documentation of valuation models for group products (with particular emphasis on the upcoming transition to IFRS 17).
• Support the development of financial forecasts.
• Oversee the completion of all quarterly and year-end regulatory reporting of actuarial items: LICAT, RBC, Appointed Actuary's Report.
• Manage the Valuation Issues log and approximation lists.
• Assist the Investment Division in implementing effective asset/liability matching for group products.
• Respond to internal and external audits on behalf of the Division.
• Conduct financial analyses of the profitability of specific group products as requested.
• Maintain valuation models and processes with appropriate level of documentation.
• Perform work in compliance with the Application of CIA Principles and Sun Life policies and guidelines governing the use of financial models.
• Perform quarterly reporting for CFT, and annual reporting for NAIC asset adequacy.
• Develop and implement assumptions.
• Collaborate with U.S. Chief Actuary, ALM, and other key stakeholders in the financial reporting process.

• Fellowship in the Society of Actuaries and Member of the American Academy of Actuaries with 10+ years actuarial experience.
• Microsoft Office, SAS, AXIS knowledge, and ability to comprehend system flows.
• Strong verbal and written communication skills.
• Ability to independently direct projects and support staff within the scope of the position.
• Valuation and/or group product experience a plus.
• Strong problem-solving skills.
• Strong communication skills.
• Strong teamwork and collaboration skills.
• Ability to critically review processes and procedures to find efficiencies and areas of improvement.
• Manage staff of 12.

Sun Life is committed to creating 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.

At Sun Life, we strive to create a culture that represents diversity in all forms. If you think you might thrive in this setting, we would love to hear from you.

Excellent benefits and wellness programs to support the three pillars of your well-being – mental, physical, and financial – including generous vacation and sick time, market-leading paid family, parental, and adoption leave, a partially-paid sabbatical program, medical plans, company-paid life and AD&D insurance, as well as disability programs and more.

Retirement and Stock Purchase programs to help build and enhance your future financial security, including a 401(k) plan with an employer-paid match as well as an employer-funded retirement account.

A flexible work environment with a friendly, caring, collaborative, and inclusive culture.

Great Place to Work Certified in Canada and the U.S.

Named as a "Top 10" employer by the Boston Globe's "Top Places to Work" two years running.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.