Director, Disability Pricing & Profitability Management, Group Benefits

at  Sun Life

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.

ABOUT THE ROLE

Group Benefits (GB) Finance is seeking a Director, Disability Pricing & Profitability Management that will report to the AVP, Pricing and Profitability Management, Group Benefits. Leading a team of four associates, the Director is responsible for the financial management of the GB Disability business, which is a key contributor to GB’s total income. This role works in close partnership with a variety of stakeholders across the GB business, including other Finance teams, Underwriting, Business Development, Disability Operations, Product Development, Government Relations and ALM to drive profitable growth and manage emerging risks on the disability portfolio. This position is an excellent opportunity to learn about the disability business and gain pricing and people management experience.

WHAT YOU’LL BE DOING

Pricing

• Determine appropriate pricing levels based on financial objectives, market insights and competitive dynamics.
• Complete experience studies and enhance pricing models.
• Own the generalized pricing framework that Underwriting uses to price Short-Term Disability and Long-Term Disability business.
• Support Underwriting and Business Development on bespoke and large transactions.

Monitor Disability Performance to Drive Business Action

• Monitor and explain monthly and quarterly results.
• Provide regular forecasts and continue to enhance our forecasting capabilities.
• Work with our reinsurance partners and share market insights.
• Support GB’s planning process.

Support Business Decisions that Impact Disability Profitability

• Support and identify opportunities that enhance business practices that could improve financial results.
• Assess financial implications and risk of proposed government legislation.
• Support various product initiatives.

Leadership

• Lead a team of four associates and one coop.
• Attract, develop and retain a high performing team.
• Member of the GB Pricing Leadership Team.