Director, Financial Optimization

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:

About the role

As a member of the Canadian Finance team reporting to the AVP, Financial Planning and Analysis, the Director Financial Optimization is responsible for supporting a wide range of initiatives to optimize financial performance in SLF Canada, with a focus on capital deployment. You will do this by leading a team and partnering with stakeholders across Sun Life to identify, evaluate and execute these initiatives. If you’re an Actuary with strong leadership abilities, deep technical skills, business acumen and a collaborative approach this is the perfect role for you!

What you’ll be doing

• Lead the Capital Planning process for Canada. Partner with business units, ALM, Actuarial and Finance to develop Canada's capital ambitions over the Plan and Strategic Plan horizons. Present results and provide insights and recommendations to Senior Management to drive improved performance through optimal capital deployment.
• Prepare quarterly Management Reporting on capital results and present to the SVP and CFO, Canada as well as the Canadian Capital Management Committee. Deliver transparency and insights on Canada's drivers of capital consumption and identify opportunities to improve financial performance.
• Partner with leaders in the Business Units, Finance and Actuarial, ALM, and Corporate to identify capital and surplus liquidity optimization opportunities. Lead the development of feasibility studies sizing up impacts, costs, risks and alternatives for each solution.
• In partnership with ALM and Business Units, develop execution plans for selected initiatives and lead/support execution, as required.
• Support the capital forecast process ensuring a strong alignment between capital consumption and business drivers
• Support other initiatives as required to optimize capital deployment including, portfolio of business reviews, M&A transactions, etc.

What you’ll need to succeed

• FSA and/or FCIA designation with working experience in a Life Insurance Company. Experience in Valuation, LICAT and/or ALM would be an asset.
• Excellent verbal and written communication, interpersonal and teamwork skills
• Effective people management abilities
• Superior technical, analytical and problem-solving skills, including the ability think creatively and approach challenges from many angles
• Ability to influence business partners across SLF Canada
• Ability to interact and communicate effectively with senior management, including the ability to communicate complex ideas clearly
• Self-motivated and results-oriented
• Strong leadership abilities to build a skilled and high performing team

A few reasons you might love this job

• Exposure: You will gain exposure to Senior Management and build your network as you partner with numerous leaders across SLF Canada businesses and support areas
• Be appreciated: Your success will be recognized and appreciated
• Make a difference: Bring your ideas! We want to hear your ideas for improving returns and optimizing financial performance. This is the place to put them into action!
• Enjoy: Inclusive, flexible, and fun workplace

As this position is posted in several locations, we specify that bilingualism (French, English, both oral and written) is required for Quebec only for the frequent interactions with English and French-speaking colleagues or internal partners across Canada or worldwide.

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.

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