City : Toronto

Category : Full-time

Industry : Finance

Employer : Sun Life Financial

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.

Sun Life International

Associate Director, Reinsurance and Capital Management

Summary

Reporting into the Director of Reinsurance, the Associate Director of Reinsurance and Capital Management will assist with upcoming projects in our High Net Worth (HNW) International business. Our three HNW business entities are within Hong Kong, Singapore and Bermuda.

Responsibilities

• Reinsurance
  • Support individual life, reinsurance, actuarial (pricing / valuation), treaty underwriting, RFPs, administration and internal reinsurance functions for the Bermuda Branch. This will include ceded reinsurance programs for individual life’s HNW business.
  • Monitor and evaluate performance of existing treaties
  • Ensure governance and compliance of affiliated reinsurance business
  • Serve as liaison to the reinsurance administration teams, in support of new treaties and amendments.

• Capital Management
  • Conduct quarterly reporting and analysis of the Bermuda Branch’s regulatory capital position
  • Perform sensitivity analyses and forecast future capital needs
  • Recommend capital injections/repatriations as appropriate

Preferred skills

• Exposure to pricing/valuation, financial reporting, enterprise risk management, including affiliated and third-party structured reinsurance
• Strong individual life insurance pricing and product knowledge, including traditional risk transfer reinsurance
• Experience with the Canadian life insurance regulatory capital framework (LICAT), familiarity with other frameworks a plus
• Selft motivated and able to determine what needs to be done, generates innovative solutions and makes decisions
• Manages complexity and shifting priorities in a fast paced environment
• Advanced knowledge and experience using Microsoft Excel
• Demonstrated technical, analytical and problem solving skills
• Ability to collaborate well with all stakeholders whilst building credibility and trust
• Strong organizational skills with a commitment to meeting deadlines
• Excellent interpersonal and communication skills, both written and verbal
• Willingness to work unusual hours from time to time, due to Sun Life offices within other time zones

Qualifications

• FSA or equivalent designation
• Minimum of 5-7 years’ experience in the life insurance/reinsurance industry

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 recruitingUS@sunlife.com 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.

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.