Actuary, Actuarial Reporting

Full Time Permanent position
Hybrid role based in our City Centre offices

What we offer
We have embraced a hybrid working model for most of our positions, which means that you can enjoy a balanced approach of working from home for part of the week and working from the office for the remainder of the week.

We offer a comprehensive benefits package including competitive salaries and bonuses, robust Learning and Development support, excellent Defined Contribution pension and comprehensive Wellbeing initiatives and support to name but a few. 

Further details on our benefits package can be accessed here Benefits (life-careers.com)

Background

Canada Life Reinsurance (CL Re) is a division of Great-West Lifeco Inc. (Lifeco) and a leading provider of client focused reinsurance solutions in the United States, Europe and Asia. CL Re offers a range of innovative risk and capital management solutions covering mortality, longevity, health, lapse, investment, non-life and P&C risk for insurers, reinsurers, and pension funds. CL Re is continuing to expand the solutions it offers to new and existing clients in many global markets.

CL Re has offices in Dublin, Toronto, Philadelphia, Bermuda, Barbados, and Regina. The Dublin office is the base for CL Re’s European and Asian operations as well as the Irish reinsurance entity, Canada Life Re Ireland dac (CLReI). It comprises approximately 170 reinsurance professionals, including 120 actuaries and trainee actuaries. It is a proactive, inspiring, and friendly environment where talent and hard work are recognised and rewarded.

Lifeco is a Canadian headquartered, international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management, and reinsurance businesses. Lifeco and its companies have approximately 32,000 employees, $3.2 trillion in consolidated assets under administration and a capital ratio (LICAT) of 130% (as at 31/03/2025).

Role Overview

After a very successful period of growth over recent years CL Re has developed a significant and diverse portfolio of reinsurance transactions. The Actuarial Reporting team is a cornerstone of the Actuarial Function. The team is responsible for the actuarial reporting deliverables of the Dublin office (actuarial liabilities, earnings analyses, capital, ALM reporting, business plan, financial condition testing etc.).

A bright, talented and motivated actuary is sought to fill a role on the Transaction Reporting team. This role would suit a curious, ambitious, and innovative actuary who:

• Is keen to work in a fast paced and dynamic environment. 
• Relishes the opportunity to work with complex and bespoke reinsurance transactions and the associated actuarial methodologies.
• Enjoys working closely with a variety of stakeholders across the Actuarial, Finance, Operations, and Business Development functions.

The breadth and depth of responsibility of the role will be tailored to suit the skills and experience of the successful candidate who will:

• Produce the financial and capital reporting deliverables for CL Re’s significant portfolio of transactions. This includes:
• The quarterly liabilities, earnings, and capital reporting deliverables.
• The annual business plan and the annual Financial Condition Testing (FCT) of that business plan.
• Work closely with the wider Dublin functions (Business Development, Operations, Finance) to implement new transactions and to ultimately deliver high standard reporting output.
• Analyse transaction performance to provide a detailed breakdown of the liability movements, earnings and capital impacts arising from experience and share key insights with the Business.
• Draft accurate, clear, and concise documentation and effectively communicate key insights and results to all stakeholders.
• Assist in the design and implementation of improvements to transaction reporting models and processes (including governance and controls) to optimise existing reporting, accelerate reporting timelines and enhance the controls environment.
• Support the design, development, planning and implementation of relevant CL Re projects, Lifeco Group projects and various strategic initiatives. 
• Keep up to date with emerging experience and best practice through engagement with colleagues across Lifeco, the relevant professional bodies and individual research.

The Person

The ideal candidate will have:

• Completed the actuarial examinations with at least three years relevant experience in either a life insurance or life reinsurance environment. 
• Some experience of financial reporting, cash flow modelling or data management.
• Proficiency in the use of MS Excel, MS Word and ideally MS PowerPoint.
• Experience working with actuarial modelling (e.g., Excel, Prophet). 
• An enthusiastic approach to work with a strong work ethic, a keen appetite to learn and develop and a willingness to work to a flexible schedule.
• An assertive and self-motivated personality with the capacity to work autonomously, as part of a team and across teams.
• An ability to plan work, manage time effectively and deal with changing requirements to ensure timely completion of all deliverables.
• The capacity to effectively and efficiently to solve problems and make decisions to ensure successful completion of deliverables.
• Well-developed verbal and written communication skills.

Key Competencies

About us

Canada Life Reinsurance (CL Re) is a division of Great-West Lifeco Inc. (Lifeco) and a leading provider of client focused reinsurance solutions in the United States, Europe and Asia. CL Re offers a range of innovative risk and capital management solutions covering mortality, longevity, health, lapse, investment, non-life and P&C risk for insurers, reinsurers, and pension funds. CL Re is continuing to expand the solutions it offers to new and existing clients in many global markets.

CL Re has offices in Dublin, Toronto, Philadelphia, Bermuda, Barbados, and Regina. The Dublin office is the base for CL Re’s European and Asian operations as well as the Irish reinsurance entity, Canada Life Re Ireland dac (CLReI). It comprises approximately 170 reinsurance professionals, including 120 actuaries and trainee actuaries. It is a proactive, inspiring, and friendly environment where talent and hard work are recognised and rewarded.

Lifeco is a Canadian headquartered, international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management, and reinsurance businesses. Lifeco and its companies have approximately 32,000 employees, $3.2 trillion in consolidated assets under administration and a capital ratio (LICAT) of 130% (as at 31/12/2024).

As a Company we are committed to a diverse and inclusive workplace where employees can thrive and reach their full potential.

The company reserves the right to draw up a shortlist as part of the selection process.  Where Agency assistance is required the Canada Life Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Canada Life Reinsurance by Recruitment Agencies will not be accepted for this role.

Canada Life Group Services is proud to be an Equal Opportunities employer. We have created an environment of inclusion and growth to help people achieve their potential, to ensure they can bring their whole selves to work and to feel valued.  We celebrate diversity of thought and perspective and want all of our employees to feel valued, respected and supported.  We have built a culture that promotes equality and inclusion for all of our current and future employees and strive to ensure that our behaviours, processes and practices are aligned to this culture.

If you require any accommodations during the recruitment process please contact Lifecareers@irishlife.ie and we will be delighted to ensure you are fully supported to be your best.   

CLGS supports Equal Opportunity and is regulated by the Central Bank of Ireland.