Welcome to ivari

Let us introduce ourselves. With 300+ employees across Canada, ivari is a company that’s making a difference in the world of life insurance. How? By finding and hiring employees who are passionate about helping people protect their families, and by giving them the best, most supportive workplace possible. 

ivari is part of Sagicor Financial Corporation, a leading financial services provider with over 185 years of history operating across the Caribbean, US, and Canada. We offer a wide range of products and services, including life and health insurance, annuities, pension administration and investment services.

At ivari, everyone is welcome! It is our mission to attract, develop, and retain a workforce that is as diverse as the customers we serve and the communities in which we do business. We offer an inclusive and accessible work environment where all employees and customers feel valued, respected, and supported. 

Here’s the job opportunity…

This position is for an existing vacancy.

The Actuarial Associate, Capital will be responsible for conducting a wide range of actuarial tasks within ivari’s Corporate Actuarial Department. This includes supporting LICAT reporting, FCT (financial condition testing), actuarial inputs to risk sensitivities, regulatory capital initiatives, capital management, actuarial valuation of liabilities, analysis of drivers of earnings, experience studies, business forecasts, and sensitivity / shock testing.

In this role you will:

• Support quarterly LICAT regulatory capital reporting including consolidation, analysis of the results, preparation of regulatory filing and management reporting
• Conduct scenario and sensitivity analysis to assess financial impacts of business and economic changes, including Capital-at-Risk, Financial Condition Testing (FCT), and enterprise-wide stress testing 
• Participate in ad hoc projects such as supporting quantitative impact studies for regulatory capital changes and performing capital analysis for potential investment transactions
• Contribute to the development and maintenance of actuarial models for the segregated fund product, including experience studies and assumption reviews
• Assist in preparing reports and presentations for management review
• Develop a strong understanding of accounting and capital frameworks including IFRS 17 and LICAT 2025
• Build subject matter expertise in valuation, capital, and key business drivers 
• Support initiatives to streamline and enhance valuation and capital infrastructure
• Communicate clearly and effectively with the team members and manager

What we pay...

Salary Range: $85,000 - $110,000

What we are looking for…

• University degree in Actuarial Science, Mathematics, Statistics, Finance or related area
• Minimum of 3+ years relevant experience in the life insurance industry
• Associate of the Society of Actuaries or Canadian Institute of Actuaries designation
• Relevant experience in an actuarial role considered an asset
• Knowledge of individual life and annuity products; experience in reinsurance would be an asset
• Knowledge and experience with accounting and regulatory capital frameworks including IFRS 17 and LICAT
• Strong knowledge of Excel. Experience in ATLAS, AXIS and programming tools (e.g. SQL, Python, R) would be an asset
• Strong communication and interpersonal skills

Who you are… 

You are a team player who not only understands our core values but lives them every day. You know the importance of…

• Bringing clarity and focus to your work;
• Taking ownership and doing what you say you will;
• Remaining flexible;
• Collaborating with others;

Does this sound like you? We’re looking for great people to join our team! 

Our commitment to inclusivity is reflected in the safeguards, policies and commitments we have in place to remove barriers and provide equal opportunities to prospective and current employees, without discrimination. To apply, please email your resume to: human.resources@ivari.ca [human.resources@ivari.ca]

A Human Resources representative is available to consult with applicants who require accommodation in the application or recruitment process. Any information shared by the applicant about an accommodation will be treated as confidential. If you do require an accommodation, please email human.resources@ivari.ca [human.resources@ivari.ca].   

** ivari does not utilize AI in our recruitment process to screen, select, or assess applicants