This job board retrieves part of its jobs from: US Jobs | Colorado Jobs | Retail Jobs Canada

Finds jobs across the province today!

To post a job, login or create an account |  Post a Job

  Jobs across the province  

Bringing the best, highest paying job offers near you

previous arrow
next arrow
Slider

Director, Financial Insights and Profitability

Sun Life Financial

This is a Contract position in Toronto, ON posted February 2, 2021.

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:

Working closely with, and reporting to, the VP & CFO, Client Experience Office and Digital Solutions, the Director, Financial Insights and Profitability will collaborate with the business units and finance teams to drive a deeper understanding of product profitability across the group and support new and existing initiatives to optimize financial performance. Product-level financials have long been at the foundation for decision making in the insurance industry and this role will experience it first hand.

This is a high profile and influential role where the Director will be working with executives and their teams across multiple business lines. This role requires a qualified actuary who possesses strong analytical skills, business acumen and the ability to collaborate effectively with others.

Main Accountabilities:

  • Work in close collaboration with the VP & CFO to drive key strategic initiatives

  • Build out P&L profitability by product line across the insurance and wealth business lines

  • Responsible for the development, preparation and analysis of Statement of Earnings (SOE) and ensuring business executive understanding.  Liaise with Individual/GB teams on valuation.

  • Provide a healthy challenge for product pricing and VNB calculations and assumptions

  • Identify opportunities to optimize the business unit P&Ls and maximize earnings and VNB across revenues and expenses

  • Provide and contribute product profitability expertise to financial plan, forecasting and new projects, including guiding project cost/benefit analysis

  • Prepare and present prioritized optimization initiatives to senior business unit leaders to gain buy-in on their execution.  Track and report on initiative progress to business leaders, holding others accountable to ensure project goals are achieved

  • Perform ad-hoc analysis and provide recommendations to executives to influence decisions

  • Lead and support assigned components of the business plan in partnership with the finance team

  • Participate in Finance projects, including collaboration with Canadian Finance as required

  • Provide leadership and support to the finance team contributing to its high performance culture

Competencies:

  • Excellent verbal and written communication, interpersonal and teamwork skills

  • Ability to interact and communicate effectively with senior management

  • Ability to influence business partners including other Canadian Finance teams, the Business Units, Support Units and Corporate

  • Accuracy and attention to detail

  • Strong technical, analytical and problem solving skills with ability to focus on key messages and trends

  • Flexible to changing priorities, timelines and comfort with ambiguity

  • Self-motivated and results-oriented

Qualifications:

  • FSA and/or FCIA designation required.

  • 7+ years working experience in the insurance industry

  • Advanced knowledge of Microsoft Office tools, including Word, Excel, Access and PowerPoint

  • Experience in business planning or financial reporting

  • Prior pricing or valuation experience an asset.

The Base Pay range is for the primary location for which the job is posted.  It may vary depending on the work location of the successful candidate or other factors.  In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance.  Certain sales focused roles have sales incentive plans based on individual or group sales results. 

Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds.

Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to thebrightside@sunlife.com.

At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

Salary Range:

102,500/102 500 – 169,200/169 200

Job Category:

Actuarial

Posting End Date:

09/02/2021