Director, Capital & Inforce Management

04/24/2024

Address:

60 Yonge StreetCustomer Solutions

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

Successful candidates will exhibit these behaviours:

• 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 post-secondary 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 - In-depth

• Collaboration & team skills - In-depth

• Analytical and problem-solving skills - In-depth

• Influence skills - In-depth

• Data driven decision making - In-depth

$84,000.00 - $156,000.00Salaried

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.

BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

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.

To find out more visit us at https://jobs.bmo.com/ca/en.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other's differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.