About the role
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.
Job Description:
Job Description
The Actuarial Specialist for Par Management and Risk Modelling is responsible for supporting the Par-related functions and initiatives, as well as producing various risk sensitivity results for Senior Management use within the Actuarial Valuation function.
Responsibilities
Dividend Study:
- Conduct comprehensive annual dividend studies for traditional participating (par) products
- Assist in formulating dividend recommendations to the Chief Actuary
Par Reporting:
- Support the delivery of the quarterly valuation related to Traditional par products such as Time Value of Guarantee (TVOG), Unallocated Dividend Liability (UDL) and Par expense adjustments
- Help prepare relevant reports for OSFI regulatory requirements for traditional par products
Financial Condition Testing (FCT):
- Contribute to the completion of the annual FCT process
- Assist in analyzing results and preparing detailed reports on potential impacts for senior management
Risk Sensitivities:
- Provide support in model development and maintenance for market and insurance risk sensitivity
- Assist in preparing quarterly market and insurance risk sensitivity reports
Ad-hoc projects depending on business needs such as but not limited to:
- Perform stochastic asset modelling using actuarial software
- Provide support on the semi-annual business plan projections
Qualifications
University degree with a strong mathematical or statistical background
With at least 2 SOA exams
At least 4 years of Actuarial-related experience
Strong knowledge and experience in handling Actuarial modeling software, preferably AXIS
Strong proficiency in MS Office applications
Job Category:
ActuarialPosting End Date:
30/08/2026Aplyr's read
Sun Life is a global financial services leader, attracting professionals in insurance and investment with a focus on innovation and international growth.
What's promising
- •Sun Life has a strong international presence, offering diverse career opportunities across various regions.
- •The company invests in cutting-edge technology, hiring roles like AI Innovator and MLOps Engineer.
- •Sun Life provides a wide range of roles, from actuarial to data governance, appealing to diverse skill sets.
What to watch
- •The financial services industry is highly competitive, posing challenges for market differentiation.
- •Regulatory changes in different countries can impact Sun Life's operations and strategic decisions.
- •Economic downturns may affect demand for insurance and investment products, impacting revenue.
Why Sun Life
- •Sun Life emphasizes innovation in technology, evident from roles like Manager, AI Innovator.
- •The company offers a global career path, with significant operations in Asia and North America.
- •Sun Life's focus on productivity and capability development is highlighted by dedicated leadership roles.
Aplyr’s read is generated by AI from public sources. Was it useful?
About Sun Life
Sun Life is a leading international financial services organization providing a diverse range of insurance and investment products.
