Senior Actuarial Associate

Portland, OR, United States

Senior Actuarial Associate page is loaded Senior Actuarial Associate Apply locations Portland, ME Sun Life Wellesley U.S. Telecommuters time type Full time posted on Posted 30 Days Ago job requisition id JR00095987 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 support US flexible working arrangements in the contiguous 48 states.

At Sun Life, we look for optimistic people who want to make life brighter for our Clients. 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 challenged by working with dynamic colleagues to find new and innovative ways to make Sun Life the best benefits company in America.

The opportunity:

The Segregated Fund and LTC Valuation team delivers valuation analysis, experience studies, assumption reviews, risk management and profitability management support for the in-force block of International Wealth and Run Off Reinsurance. We are seeking an Career ASA, Actuarial, or individual with equivalent experience ( This position is not in student rotation program ). The team is responsible for monthly and quarterly financial reporting including NAIC and IFRS reserves, capital, management risk reporting, OSFI regulatory reporting, supporting experience studies and developing and implementing assumption recommendations. In addition, the team supports business plan projections and participates in business initiatives.

How you will contribute:

Managing IFRS17 and NAIC monthly, quarterly, and annual reporting deliverables for the In Force Management (IFM) Seg. Fund and LTC block

Responsible for managing in-force data process, which requires to build a structure and reconcile with various data sets from our Reinsurance partners

Supporting reserve and capital calculation process by using actuarial software including PathWise, Python, and Moody’s AXIS (depending on projects)

Responsible for forecast heads-ups and providing insight on the key drivers of income and capital

Supporting annual disclosures in the Actuarial Opinion & Memorandum (AOM) and Appoint Actuary Report (AAR)

Supporting Experience Studies and ACMA development and implementation including ACMA work coordination and communication with US Central

Ownership of SOX processes and support for internal and external audits

Partner with ALM, Corporate, and IFM Business in support of business initiatives for this block

Leadership & Collaboration:

Work in collaboration with IFM Business, Capital Management, Finance, Valuation, and other teams

Contribute to building a high-performance team, providing leadership and coaching to actuarial students on the team

The role may involve direct management of one or more actuarial students, including recruitment and evaluation of performance

What you will bring with you:

Ability to work with a diverse range of people

Career ASA with relevant work experience

5 or more years of actuarial experience working in individual insurance/annuities products highly preferred.

Bachelor’s degree in actuarial science, Mathematics, Statistics or another field requiring rigorous analysis

Strong analytical & technical skills to identify and track performance drivers, detect patterns in results.

Strong project management skills with a proven commitment to quality and meeting deadlines while handling multiple priorities.

Strong communication, interpersonal and influencing skills.

Strong initiative and drive for results

Ability to apply advanced financial concepts and capabilities across business processes.

Strong business knowledge and awareness to facilitate effective working relationships with the business areas.

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? Join our talent community 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, 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.

If you are a California resident, the salary range for this position is:

Southern region: $107,400 - $161,100 annually

Central region: $113,300 - $170,000 annually

Northern region: $121,100 - $181,700 annually

If you are a Colorado or Nevada resident, the salary range for this position is $102,600 - $153,900 annually.

If you are a Connecticut or Maryland resident, the salary range for this position is $107,400 - $161,100 annually

If you are Washington or Rhode Island resident, the salary range for this position is $113,300 - $170,000 annually.

If you are a New York resident, the salary range for this position is $121,100 - $181,700 annually.

We consider various factors in determining actual pay including your skills, qualifications, and experience. In addition to salary, this position is eligible for incentive awards based on individual and business performance as well as a broad range of competitive benefits.

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 www.sunlife.com/us to learn more.

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.

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Our Affirmative Action Program affirms our commitment to make reasonable accommodation to the known physical or mental limitation of otherwise-qualified individuals with disabilities or special disabled veterans, unless the accommodation would impose an undue hardship on the operation of our business. Please email [email protected] to request an accommodation.

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.

For applicants residing in California, please read our employee California Privacy Policy and Notice.

Job Category:

Para Actuarial Posting End Date:

18/07/2024 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.

Shine together

At Sun Life, you can be your most brilliant self. Our supportive, flexible, and inclusive work environment is one where you – and your career – can thrive. Whatever your aspirations, collaborative leaders and colleagues are ready to help you learn, grow, and succeed.

We’re a global company with a passion for people. Our purpose is to help Clients achieve lifetime financial security and live healthier lives. As a team of 30,000 across 26 countries, our impact is far-reaching, and locally relevant There’s power in numbers. As part of Sun Life’s growing team, you have an impact on people in your community and around the world.

Shape the future

With an optimistic eye on a brighter future, we drive to innovate. Be part of leading change, push boundaries and try new ways of working. Use data to drive bold actions. Be agile and pivot as we test and learn. At Sun Life, we’re driving transformation, sustainability and innovation for our Clients, employees, partners, and communities. Join us. Together, we can make the future brighter.

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