Assistant Vice President, Reinsurance - Toronto, Canada - Canada Life Assurance Company

Canada Life Assurance Company

Verified Company

Toronto, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Assistant Vice President, Reinsurance & Data Analytics

Description:

Permanent Full Time
AVP, Reinsurance & Data Analytics
The AVP, Reinsurance & Data Analytics is responsible for optimizing our use of reinsurance and data analytics for Insurance Solutions

Accountabilities:

Reinsurance responsible for managing ongoing reinsurance needs and driving earnings with innovation in reinsurance. Manage risk through use of reinsurance and bring forward reinsurance solutions to manage riskreturn of our insurance products which includes looking at reinsurance structures, retention limits, recapture opportunities, etc. for new business and inforce.
Data Analytics leading a team that manages technology, tools, and analysis for advancing data analytics in insurance; including use of data analytics for underwriting innovation, identifying opportunities to deepen relationships with customer and advisors and identifying other opportunities. Develop a deep understanding of current and potential customers and translate that understanding into actionable insights that drive business performance.
Develop and maintain a strategic roadmap of reinsurance and data analytics.
Lead and develop a highperformance team to provide the opportunity for employees to realize their full potential while maximizing effectiveness and efficiency.

Qualifications and Competencies:

810 years of experience working in the financial services industry or relevant experience
FSA or FCIA (Fellow of the Society of Actuaries or Fellow of the Canadian Institute of Actuaries) designation required.
Reinsurance and/or insurance product expertise.
Understands insurance earnings and key risks in order to bring forward solutions to maximize earnings and minimize risks.
Ability to translate complex topics into understandable solutions; ability to deal with ambiguity and flexibility of approach.
Strong communication skills and ability to negotiate effectively.
Bias to action selfmotivated, able to work independently and to identify and surmount obstacles proactively.
Understands the business environment and customer needs, identifies business opportunities that create competitive advantage.
Ability to develop highly effective longterm plans in line with the company's strategic objectives; highly adept at setting goals and determining priorities and identifying potential risks and opportunities.
Able to foster collaborative relationships across teams and reinsurers to facilitate cooperation.
Creates an environment that encourages new approaches, challenges the status quo, and inspires creativity and risktaking while protecting the core.
Drive innovation across Insurance Solutions to substantially grow the business.
Drives results and contributes to change processes that improve organizational performance and creates a culture of accountability.
Strong leadership skills including proven track record developing and leading high performing, diverse teams.
Great-West Lifeco Inc is a Canadian headquarter, international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management, and reinsurance businesses.

We operate in Canada, the United States, and Europe under the brands:

Canada Life, Empower and Irish Life.- At the end of 2023, our companies had over 33,500 employees, 232,000 advisor relationships, and thousands of distribution partners - serving approximately 42 million customer relationships.- Great-West Lifeco trades on the Toronto Stock Exchange (TSX) under the ticker symbol GWO and is a member of the Power Corporation group of companies.- Being a part of our organization means you have a voice.

This is a place where your unique background, perspectives and talents are valued, and shape our future success.- You can be your best here.

You are part of a diverse and inclusive workplace where your career and well-being are championed.

You'll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.- We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported.

We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential.

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_We would like to thank all applicants, however only those who qualify for an interview will be contacted_

Requisition ID:

942
Category:Actuarial and Investments and Finance
Location:Toronto, ON

London, ON
Winnipeg, MB
Date:May 7, 2024