Actuary, Assumption Development
Pacific Life ReToronto, Ontario, Canada
Posted December 31, 2025
Full Time
About the Company
At Pacific Life Re, our vision is to bring an innovative and dynamic approach to the marketplace. Our global team, comprising some of the best minds in the industry, is not afraid to disrupt and challenge industry thinking to provide the best life, critical illness, income protection, hospital cash and savings & retirement products and services possible. Working in some of the most complex and fast-moving markets has taught us that knowledge and innovation go hand in hand. We pursue personalised, bespoke solutions for every one of our clients and our commitment to cutting-edge technology reflects our ambition to offer the most sophisticated answers to the most challenging reinsurance questions. Today, we are continuing our rapid growth internationally with offices across Europe, Asia, North America, Australia and a new global HQ in Bermuda. With over 700 employees across the globe, we take pride in our inclusive culture, underpinned by our principles and behaviours, providing an environment where everyone can grow and develop. We are equally proud of the security and freedom we possess from having the backing of our parent company Pacific Life. With a heritage of more than 150 years, Pacific Life provides strength and resilience to our business which enables us to bring our fresh and dynamic approach to the marketplace. To find out about our latest vacancies, please visit the careers section on our website: www.pacificlifere.com
Job Description
We are seeking a Manager-level actuary with strong technical skills and experience in assumption setting to join the R&D team in our downtown Toronto office. The role involves developing market-leading assumptions, building relationships with stakeholders, and shaping the future of actuarial thinking.
Requirements
- Qualified Fellow of the Institute or Faculty of Actuaries or Society of Actuaries or other similar organization
- Strong analytical skills and problem-solving abilities
- An understanding of one or more of the markets we operate in (Longevity or Protection reinsurance)
- Familiarity of experience studies, trend modelling, and pricing within the life insurance industry (including reinsurers, insurers and consultancy)
- Competent in using programming languages (e.g. SQL, R or Tyche)
- Knowledge of actuarial techniques such as Generalized Linear Models and Survival Models
- Places a high value on innovation and continuous improvement
- Ability to collaborate with strong team-working and interpersonal skills
- Experience in presenting to varied audiences on technical topics to gain approval
- Ability to work independently and lead on the work
- Organized and deadline focused
Benefits
- 23 days of annual leave (Regular employees) with option to buy or sell more days
- Fertility leave
- Generous parental leave
- Group Life Insurance and Accidental Death & Dismemberment coverage for all permanent employees
- Dental & Optical benefits
- RRSP: company-matched contributions
- Employee and Family Assistance Program
- Subsidized gym membership
- Time off for volunteering
- Charitable matching of employee donations