Director, Financial Optimization

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

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.