The Chief Actuary is responsible for ensuring all actuarial aspects of financial reporting comply with company, professional, and regulatory standards while reporting directly to the Board of Directors
Job Summary
The Chief Actuary is responsible for ensuring all actuarial aspects of financial reporting comply with company, professional, and regulatory standards while reporting directly to the Board of Directors.
This role provides overall governance for product development, ensuring products are actuarially sound, system ready, and operationally implementable through effective UAT and operational specifications.
The position involves leading a high performing team, collaborating with senior management, and actively participating in strategic planning and investment committees.
Matching Summary
The Chief Actuary is responsible for ensuring all actuarial aspects of financial reporting comply with company, professional, and regulatory standards while reporting directly to the Board of Directors.
Skills & Requirements
Must-have
Statutory actuarial duties
Product development governance
Financial reporting compliance
Investment and reinsurance strategy
Experience monitoring and profitability analysis
Cross-functional team leadership
User Acceptance Testing (UAT) management
Nice-to-have
Strong business acumen
Strategic thinking ability
Excellent communication skills
Relationship management
Work-life balance prioritization
Talent development and retention
Key Requirements
Actuarial qualification as Fellow of Canadian, Society of, or Institute and Faculty of Actuaries
Minimum 10 years insurance industry experience
At least 5 years as Appointed Actuary per MOF definition