Job Description
Position Type: Permanent As one of Canada’s leading life insurers, Blue Cross Life Insurance Company of Canada (Blue Cross Life) takes great pride in being the most trusted brand by Canadian consumers, offering exceptional coverage tailored to protect them and their families. Federally licensed with operations across Canada, Blue Cross Life provides a full suite of top-tier Individual and Group Life and Disability insurance options. This comprehensive range of products is backed by an insurer with decades of experience protecting Canadians. Our employees are the key component in enabling us to deliver competitive life and disability products nationally; we value their knowledge and integrity and are dedicated to their professional development by providing an environment of continuous learning and growth. We seek creative problem solvers who care about the work they do while helping to drive responsiveness and insight throughout our organization. If you are looking for an opportunity in a challenging, fast-paced, and collaborative work environment, the career you have been looking for may be waiting for you at Blue Cross Life. Blue Cross Life is seeking a Senior Actuarial Analyst to play a key role in strengthening our quantitative risk management capabilities and supporting informed decision-making at the highest levels of the organization. This role offers meaningful ownership of critical actuarial risk models, exposure to senior leadership and the Board, and the opportunity to influence how risk is measured, managed, and communicated across the company. The role As a member of the Risk Management team, you will apply advanced actuarial analysis and modeling to support quarterly stress testing, the annual ORSA process, and ongoing risk reporting. You will also contribute to long-term initiatives, modernize models and processes, and provide actionable insights that help shape corporate risk strategy. This is an ideal opportunity for an experienced actuarial professional looking to apply technical expertise in a highly visible, strategic role. Key responsibilities Lead the stress testing program, including model development, maintenance, execution, assumption updates, and reporting to management and the Board Own annual ORSA activities, including the development, maintenance, and execution of ORSA models, and support preparation of the ORSA Report Develop, maintain, and enhance risk and liquidity models Compile and report quarterly risk metrics Build new models to strengthen risk quantification and analytics Support risk frameworks, policies, and enterprise risk reporting Facilitate risk identification and assessment and monitor emerging risks Establish methodologies for calculating and reporting GHG emissions What you bring Degree in Mathematics or Actuarial Science Minimum 5 years of relevant experience ASA / ACIA, actively pursuing FSA / FCIA Knowledge of CIA professional standards (life & disability) Working knowledge of IFRS 17 Advanced Excel skills; experience with VBA and Python Strong actuarial, insurance, and statistical fundamentals Demonstrated experience building and maintaining risk models Excellent analytical skills and attention to detail English is requirement, written and verbal, to provide services to our customers and communicate with internal stakeholders Assets SQL and data warehouse reporting experience Knowledge of AXIS and group insurance products Bilingual in English and French Pay Range $91,831 - $96,423 #CBM1 This posting is for an existing vacancy within our organization / Ce poste est actuellement vacant au sein de notre organisation. The Base Pay range may vary depending on the successful candidate or other relevant job-related factors such as knowledge, skills, qualifications, experience and education/training. In addition to Base Pay, eligible Blue Cross Life employees may participate in various performance-based incentive programs. Payments under these programs are discretionary and subject to both individual and organizational results. Blue Cross Life is an equal opportunity employer. We strive to foster a culture where everyone is enabled to achieve their full potential - a culture of diversity, equity and inclusion (DEI). Accessibility is a top priority. For applicants with disabilities, we provide accommodations throughout the recruitment, selection and/or assessment process. If selected to participate in the recruitment, selection and/or assessment process, please inform Human Resources staff of the nature of any accommodation(s) that you may require in respect of any materials or processes used to ensure your equal participation. Our recruitment process may involve automated tools, including AI, to assist in screening applications. We would like to thank all candidates for expressing interest. Please note that only those selected for interviews will be contacted. If you experience any technical issues throughout the application process, please email: [email protected] . ® Registered trademark of the Canadian Association of Blue Cross Plans, an association of independent Blue Cross Plans and Licensees. Used under license by Blue Cross Life Insurance Company of Canada, an independent licensee of the Canadian Association of Blue Cross Plans.