Director, Capital & Inforce Management

at  BMO Financial Group

60 Yonge Street Toronto Ontario,M5E 1H5
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

• 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 aris