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Manager, Capital Management & Reporting (FSA/FCIA)

Pacific Life Re22 days ago
Toronto, Ontario, Canada
Senior Level
Full-Time

Top Benefits

Annual leave
Fertility leave
Parental leave

About the role

Job Title

Manager, Capital Management & Reporting (FSA/FCIA)

Job Description

We believe in giving you ongoing opportunities to advance your career. Whether you want to take on broader responsibilities or grow in new directions, you are in the right place. Here at Pacific Life Re (‘PL Re’) and UnderwriteMe, we want to help you embrace your potential so you can achieve your personal best doing purposeful work, every day.

The Team

The Divisional Capital Management & Reporting team (CM&R) sits within the Corporate Actuarial function in Divisional Business Services (DBS) at Pacific Life Re.

The team is responsible for capital management and consolidated solvency reporting across the Group, covering both the internal Economic Capital (EC) framework and the Bermuda Monetary Authority (BMA) regulatory basis. Our focus is on developing a deep, forward-looking understanding of capital drivers across both bases and translating this into value-adding insight that informs strategy, risk appetite, and decision-making.

The team works closely with the Global Valuation Team, the Protection and S&R Actuarial Analytics & Insights teams, Divisional Finance, Risk, and the Enterprise capital management teams. The role involves regular interaction with actuaries, accountants, systems developers, and risk professionals across multiple jurisdictions including Sydney, Singapore, Bermuda, Toronto, and Newport Beach, California.

The Role

We are seeking a self-starting, inquisitive individual with proven experience of working in a collaborative, fast-paced environment to join as a senior member of the team. You will play a central role in shaping how the Pacific Life Re plans, forecasts, deploys, and reports capital, ensuring that capital frameworks are robust, well-governed, and aligned to our strategic growth objectives. You will manage a consistently busy schedule of capital management and capital reporting activity across the organisation, giving you the opportunity to influence a wide range of workstreams, challenges and strategic decisions from day one.

This role is well suited to someone who thrives in complex, fast-moving environments, enjoys owning end-to-end processes, and excels at converting technical analysis into clear, commercial insight for senior audiences.

Key Responsibilities

You will be involved in some or all of the following

Deliver High-Quality Capital Reporting Insights

Produce and communicate high-quality capital MI for senior leadership, Boards and regulatory submissions. This will cover solvency, ALM, currency exposure, insurance risks, diversification, new business impacts, and drivers of movements; and Provide expert support to senior leadership, Boards, Risk function and other Enterprise stakeholders on ad hoc matters, including capital impacts of transactions, strategy changes, and regulatory developments.

Capital Management Initiatives

Identify, develop, implement, monitor and iterate Division-wide capital management initiatives; and Translate complex model outputs and analysis into clear, actionable strategic recommendations.

Capital Planning & Forecasting

The development, consolidation, and delivery of the multi-year capital plan for the Division; Production of solvency forecasts, including the identification and monitoring of emerging risks; and Stress and scenario testing (including CISSA), ensuring consistency and alignment across regions and stakeholders.

Shape Process, Governance & Transformation

Strengthen control frameworks (materiality, version control, documentation, operational event logging) across the team; and Improves processes across the CM&R team

Lead, Coach & Develop

Manage and mentor analysts and actuaries within the Capital Management and Reporting team, provide coaching, oversight and technical guidance; and Embed a culture of accountability, curiosity, continuous improvement and collaboration.

About You

You will be technically strong, commercially minded, and comfortable operating in ambiguity and under competing priorities. You will excel at cutting through complexity, and delivering high-quality outputs across a demanding and varied capital management agenda. You will have good communication skills, with the ability to negotiate, challenge, and explain complex topics clearly and concisely. With frequent exposure to the Chief Actuary and senior leadership, the ability to quickly understand requirements, prioritise effectively, and deliver meaningful results is essential.

Qualifications & Experience

Essential Qualifications

Fellow of Institute & Faculty of Actuaries, Society of Actuaries, or similar experience

Desirable Experience

Capital management experience, preferably experience of both economic and regulatory frameworks (e.g. Solvency II); BMA regulatory capital experience;

Essential Skills

Strong knowledge of capital reporting bases; Ability to handle large volumes of information, identify the most relevant points and connect information to see the “bigger picture”; Attention to detail; Excellent communication skills, with clear written and verbal communication that is adapted to the stakeholder; Ability to manage and deliver multiple priorities calmly under pressure; and Excellent stakeholder management skills with a proven ability to build meaningful, collaborative relationships.

Salary: $143,100.00 - $166, 950.00 CAD annually

Compensation Range

The compensation range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location.

Working For Pacific Life Re

Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.

Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.

Benefits

Leave

23 days of annual leave (Regular employees) with option to buy or sell more days Fertility leave Generous parental leave

Healthcare

Group Life Insurance and Accidental Death & Dismemberment coverage for all permanent employees Dental & Optical benefits

Savings & Retirement

RRSP: company-matched contributions

Wellness

Employee and Family Assistance Program Subsidized gym membership Time off for volunteering Charitable matching of employee donations

As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.

Pacific Life Re Values

Please click here to view our company values

Use of AI

As part of our commitment to a fair and efficient hiring experience, we want to inform you that we may use artificial intelligence (AI) tools to assist in reviewing resumes, and during the assessment process, including through platforms like HireVue. These tools help us identify relevant qualifications and streamline evaluations, but final decisions are always made by our hiring team.

About Pacific Life Re

Insurance
501-1000

At Pacific Life Re, our vision is to bring an innovative and dynamic approach to the marketplace. Our global team, comprising some of the best minds in the industry, is not afraid to disrupt and challenge industry thinking to provide the best life, critical illness, income protection, hospital cash and savings & retirement products and services possible.

Working in some of the most complex and fast-moving markets has taught us that knowledge and innovation go hand in hand. We pursue personalised, bespoke solutions for every one of our clients and our commitment to cutting-edge technology reflects our ambition to offer the most sophisticated answers to the most challenging reinsurance questions. Today, we are continuing our rapid growth internationally with offices across Europe, Asia, North America, Australia and a new global HQ in Bermuda.

With over 700 employees across the globe, we take pride in our inclusive culture, underpinned by our principles and behaviours, providing an environment where everyone can grow and develop. We are equally proud of the security and freedom we possess from having the backing of our parent company Pacific Life. With a heritage of more than 150 years, Pacific Life provides strength and resilience to our business which enables us to bring our fresh and dynamic approach to the marketplace.

To find out about our latest vacancies, please visit the careers section on our website: www.pacificlifere.com

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