Job Title Actuarial Manager, R&D - Europe and North America Job Description Role Overview We have an exciting opportunity for a Manager-level actuary with strong technical skills and experience in assumption setting to join the R&D team, reporting into our downtown Toronto office , eventually requiring a 4-day per week in-office presence by mid-2026. This is an exciting time to join the team as we provide assumptions for the Company’s ambitious growth plans in new and existing markets. The team is predominantly based in London, and we are building out a team presence in Toronto. The team produces best estimate assumptions predominantly for Europe and North America Longevity and Protection markets. You will lead the work in developing the company’s actuarial bases to set best estimate assumptions. This will include all stages of assumption development from data analysis, model fitting, validation and approval and requires strong problem solving, innovation and stakeholder management skills to set a market leading basis. You will work closely with other teams including: R&D teams including the Medical Analytics, Strategic Analytics teams and R&D teams in other geographies across the Division Savings and Retirement and Protection teams inside the Reinsurance Division to support on Pricing and Product developments and to ensure that the assumptions developed meet their needs. You will be working in a company that values your technical skills, innovative solutions, and your ability to communicate those ideas effectively. Role Responsibilities: Carry out assumption development work for longevity and protection lines of business. Support new business activity for longevity and protection. Expand knowledge of actuarial and statistical methods for best estimate assumption setting and data analysis and contribute to knowledge sharing internally, to ensure Pacific Life Re maintains a high level of technical knowledge in respect of mortality, morbidity and longevity risk. Skills & Experience: 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. Working For Pacific Life Re Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes. Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities. Benefits Leave 23 days of annual leave (Regular employees) with option to buy or sell more days Fertility leave Generous parental leave Healthcare Group Life Insurance and Accidental Death & Dismemberment coverage for all permanent employees Dental & Optical benefits Savings & Retirement RRSP: company-matched contributions Wellness Employee and Family Assistance Program Subsidized gym membership Time off for volunteering Charitable matching of employee donations As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible. Pacific Life Re Values Please click here to view our company values At Pacific Life Re, our vision is to bring an innovative and dynamic approach to the marketplace. Our global team is not afraid to disrupt and challenge industry thinking to provide the best life and health reinsurance services possible. Working in some of the most complex and fast-moving markets has taught us that knowledge and innovation go hand in hand. Today, we are continuing our rapid growth internationally with offices across Europe, Asia, North America, Australia, and Bermuda. With over 1000 employees across the globe, we take pride in our inclusive culture, underpinned by our values and behaviours, providing an environment where everyone can grow and develop.
