Director, Capital - Toronto, Canada - BMO Financial Group

BMO Financial Group

Verified Company

Toronto, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

60 Yonge Street Toronto Ontario,M5E 1H5

This position is accountable to the AVP, Capital & Inforce Management, to execute on various capital and inforce management activities.

Responsibilities include:

Producing the quarterly LICAT filing with support from other members of the team
Designing and building capital reporting to support capital optimization initiatives and pricing
Assisting with the production of annual experience studies
Leading enhancements to the longevity experience analysis process
Conducting analysis to support proposals for new reinsurance transactions / recapture of inforce business
Providing support for acquisitions and divestitures of business as they arise
Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs
Provides advice and guidance to assigned business/group on implementation of solutions
Conducts independent analysis and assessment to resolve strategic issues
Builds effective relationships with internal/external stakeholders
Breaks down strategic problems, and analyses data and information to provide insights and recommendations
Leads/participates in the design, implementation and management of core business/group processes
Identifies business needs, designs/develops tools and training programs; may include delivery of training to audiences
Exercises judgment to identify, diagnose, and solve problems within given constraints
Works independently on a range of complex tasks, which may include unique situations

Qualifications:

FSA/FCIA with at least 7 years of relevant experience and postsecondary degree in related field of study or an equivalent combination of education and experience
Solid foundation in actuarial related functions
Deep knowledge and technical proficiency gained through extensive education and business experience
Advanced Excel skills to support the effective design and use of spreadsheets to perform actuarial work
Working knowledge of Moody's AXIS is preferred
Strong knowledge of IFRS 17 is preferred

Skills:

Verbal & written communication skills
Indepth
Collaboration & team skills
Indepth
Analytical and problemsolving skills
Indepth

Influence skills

Indepth
Data driven decision making
Indepth

Compensation and Benefits:

$84, $156,000.00

Pay Type:

Salaried

The above represents BMO Financial Group's pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure.

Salaries for part-time roles will be pro-rated based on number of hours regularly worked.

For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position.

We're here to help
At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact.

We strive to help you make an impact from day one - for yourself and our customers.

We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs.

From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.