Director, Corporate Actuarial | Toronto, CA

Director, Corporate Actuarial

Brookfield Asset Management, Inc
Toronto, Canada

Location:
Brookfield Place - 181 Bay Street

Business: Wealth Solutions
Brookfield Wealth Solutions (BWS; NYSE/TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products, and tailored capital solutions. Through our operating subsidiaries, we offer a broad range of insurance products and services, including annuities, personal and commercial property and casualty insurance, and life insurance.

Brookfield Culture:
Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Job Description:

Position Summary:
The Director will be a key contributor to BWS' growing team and will report to our Senior Vice President, Capital Management - Chief Actuary. The role will be based in Brookfield's Toronto or NYC offices at Brookfield Place. This role provides a broad range of opportunities across the BWS operating companies. The Director will work closely with other internal teams responsible for Risk Management, Finance, Investments, and Operations. This will involve project-based initiatives and setting up robust processes.

Responsibilities:

• Lead the implementation of Principles Based Reserving for VM-22 in partnership with the operating company chief actuaries.
• Partner with the investments team and operating companies to optimize reserving portfolios.
• Lead harmonization of assumption setting across BWS.
• Educate BWS functions on actuarial methodology and reserving practices.
• Lead the corporate actuarial review of pricing models.

Qualifications & Requirements:

• Qualified actuary (FSA or FCIA).
• Degree in actuarial science.
• Minimum of 8 years of relevant experience, including life and/or annuity product development, reinsurance, insurance M&A, and valuation/financial reporting.
• Insurance sector experience and knowledge of insurance reporting requirements is an asset.
• Strong ability to communicate technical concepts to non-technical audiences.
• Demonstrated ability to own and improve processes.
• Excellent ability to lead through influence in order to achieve business objectives.
• Organizational skills to effectively manage priorities, multi-task where necessary, work well under pressure, and meet timelines.
• Interpersonal skills and ability to develop collaborative relationships at all levels in the organization.
• Judgment, critical thinking, and analytical skills combined with attention to detail and thoroughness.
• Team-oriented with a commitment to shared success above personal accomplishment or recognition.
• High degree of professional ethics and integrity.

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly, we do not tolerate workplace discrimination, violence, or harassment.

Brookfield is committed to creating an accessible and inclusive organization. We are committed to providing barrier-free and accessible employment practices in compliance with the Accessibility for Ontarians with Disabilities Act. Should you require a Human Rights Code-protected accommodation through any stage of the recruitment process, please make them known when contacted and we will work with you to meet your needs.