Senior Manager, Corporate Actuarial

Company: CGL
Department: Corp Actuarial Services
Employment Type: Regular Full-Time
Work Model: Hybrid (2 days in office)
Language: English is required, French is an asset.
Additional Information: This/these role(s) is/are currently vacant

We are a leading Canadian financial services co-operative committed to being a catalyst for a sustainable and resilient society and our team is essential to deliver on this strategy. That’s why we prioritize our people, to ensure we provide a strong culture and development opportunities which enables our team to thrive and to live our purpose. The best part is that you will work with people that care passionately about you, our clients, and our communities.

As the Senior Manager, Corporate Actuarial, you will be responsible for the delivery of advanced analytical solutions to meet the objectives of the Corporate Actuarial team. In collaboration with Business Intelligence partners, you will oversee the development, maintenance and monitoring of complex predictive models for P&C claims reserving.

Additionally, you will lead enterprise‑impacting process improvements across the Reserving department, with focus on simplifying workflows, strengthening governance and controls, and improving the quality, timeliness, and scalability of actuarial deliverables. You will partner closely with Actuarial and Finance leaders to embed improvements into business‑as‑usual and ensure sustainable adoption.

Reserving Analytics:

• Develop, validate, deliver and maintain advanced analytics solutions, including predictive models, to support the reserving of property and casualty claims, in collaboration with Business Intelligence partners
• Partner with the Reserving function to integrate analytics solutions with business as usual processes
• Collaborate with business partners in the monitoring and interpretation of performance metrics and own communication and storytelling of results up to executive committees
• Support research and development of new methodologies in reserving analytics, including prototyping and evaluation of new solutions’ efficiency, accuracy, flexibility, stability and interpretability
• Continually advance the measurement and interpretation of reserve model performance metrics

Reserving Support:

• Identify, prioritize, and deliver process improvements across Corporate Actuarial activities (e.g., reserving workflows, financial booking processes), converting existing challenges into measurable, sustainable changes.
• Strengthen documentation, controls, and handoffs so that processes are repeatable, auditable, and resilient (reducing key‑person risk and improving continuity)
• Support enhancements to reserving assumption granularity to address key stakeholder needs, including Pricing and Decision Support, and evaluate third‑party vendor solutions.
• Partner with Corporate Actuarial peers to plan and lead analysis requiring advanced modeling or analytical techniques
• Promote and apply model risk governance and internal audit requirements, including cross-departmental model validation

• You have a post-secondary degree in Mathematics, Actuarial Science or related discipline.
• You have 8-10 years of experience in the P&C actuarial field. Prior P&C reserving experience is an important asset.
• You have working knowledge of programming languages (R, Python, SCALA, SQL).
• You have working knowledge of reserving software (ResQ, Arius), an asset
• Having or working towards the FCIA/FCAS designation(s) is an important asset.

• You have an innovative mindset to improve operational efficiencies and ability to influence change, with a primary focus on client needs.
• You use critical thinking skills to recognize assumptions, evaluate arguments, draw conclusions and proactively propose solutions.
• You have strong communication skills to clearly convey messages and explore diverse points of view.
• You have a demonstrated ability to build sustainable relationships with business partners and to communicate and influence effectively.

• You will be subject to a Background check as a condition of employment, in the event you are the successful candidate.
• This position will operate on a hybrid work posture which will require an in-office presence of at least twice a week.

• Training and development opportunities to grow your career.
• Flexible work options and paid time off to support your personal and family needs.
• A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture.
• Paid volunteer days to give back to your community.
• In addition to our competitive salary and incentive programs, eligible employees also benefit from a comprehensive total rewards package including group retirement savings plans, pension and benefits (e.g., health and wellness, dental, disability and life coverage), mental health support and an employee assistance program.

Expected salary/hourly range $114,021 - $164,000+

The salary amount for the successful candidate is determined by The Cooperators in its discretion and will vary depending on several criteria including but not limited to: local market conditions, geography and relevant job-related factors such as knowledge, skills, qualification, experience and education.

Employees may also have the opportunity to participate in incentive programs and earn additional compensation tied to individual and/or business performance, or other business metrics.