Actuary - Individual Wealth Finance & Actuarial

At Equitable, we believe work should be a place where you feel supported, inspired, and empowered to grow. In our caring and collaborative environment, your curiosity is encouraged, your passion is recognized, and your contributions truly matter. Together, we create meaningful impact, for our clients, our communities, and each other.

The Opportunity: ​ At Equitable, we believe great things happen when we work together. We’re a Canadian mutual company driven by purpose - putting people first and helping Canadians protect today and prepare for tomorrow. If you’re passionate about making a difference and growing your career in an inclusive and collaborative environment, we’d love to hear from you.

Our culture is built on care, passion and curiosity. We put people above all else, strive to be our best and welcome new ideas to deliver positive outcomes.

The Actuary, Individual Wealth (IW) Pricing contributes to the pricing, financial analysis, and ongoing enhancement of Individual Wealth actuarial pricing models. This role supports the pricing, profitability assessment and model development of Guaranteed Deposit Accounts, Payout Annuities, Segregated Funds, and Pre-Need Funeral products, while helping advance model improvements, pricing processes, and future product initiatives.

Join one of the region’s top employers and be part of something that truly makes a difference.

Work Arrangements: This is a hybrid role. You will work in our office in Waterloo, ON a minimum of two (2) assigned, consecutive days every other week, plus a fifth (5th) assigned day per month. You are welcome to work from the office more than the minimum requirement and there may be some roles that are required to work in our office more than the minimum requirement.

What you’ll do:

• Oversee the preparation of custom quotes.
• Perform actuarial analysis to support pricing decisions and profitability assessment.
• Contribute to product development initiatives and other strategic business initiatives.
• Develop and maintain actuarial pricing models for Individual Wealth products, with a particular focus on Segregated Fund modelling.
• Drive model and process improvements, including AXIS model efficiencies, run-time optimization, automation initiatives, and implementation of new modelling approaches.
• Serve as a technical subject matter expert on pricing models, providing guidance, training, and knowledge transfer to analysts and team members.
• Develop and maintain robust model documentation, governance frameworks, and knowledge repositories to support effective knowledge management and succession planning.
• Support the evaluation, development, and implementation of new modelling tools and software solutions.

What you’ll bring:

• University degree in mathematics or actuarial science and an FSA/FCIA designation.
• Minimum 5 years of experience in the financial services industry, including pricing and/or financial reporting.
• Strong technical actuarial modelling expertise, with experience in AXIS or similar actuarial modelling platforms.
• Thorough knowledge of Moody’s Axis, Excel, & Access.
• Familiarity with Segregated Fund and Payout annuity products is an asset.
• Knowledge of IFRS 17 and its application to insurance product profitability, modelling, and financial reporting is an asset.
• Ability to deliver project results on time with a high degree of quality.
• Excellent analytical, problem solving and organizational skills.
• Strong communication skills and a willingness to share knowledge, mentor colleagues, and explain complex concepts to others.
• High degree of initiative, self-motivation, and comfort operating in an environment with ambiguity and evolving priorities.

What’s in it for you:

• Career Growth: Regular learning sessions and development opportunities 
• Total Rewards: Incentive pay, annual salary reviews, employer-paid benefits and pension matching 
• Time Away: Competitive vacation plus one paid volunteer day each year
• Flexibility: Healthy work-life balance with employee wellness always top of mind, complemented by a “dress for your day” approach
  
  

We’re committed to fair pay and an inclusive, accessible hiring experience. If you need accommodations or alternative formats at any stage, just reach out to us at careers@equitable.ca. We’re happy to help.

If you’re selected to move forward, our Talent Acquisition team will walk you through all the details of our total rewards program, so you know exactly what’s included. This position is open and we are excited to find the right person to join our team. Your base pay will be based on your skills, qualifications, experience and education.

At Equitable, your resume will be reviewed by real people and all hiring decisions are made by our recruiters and hiring managers. AI tools may be used to support administrative and productivity tasks throughout the recruitment process, but we believe that evaluating experience, skills, and talent potential requires meaningful human interaction.

As part of our commitment to maintaining a secure and trusted workplace, candidates selected to move forward in the recruitment process will be required to complete a background screening in accordance with company policy

Reports To:Director, Individual Wealth Pricing
Department: IW Pricing (Individual Wealth Actuarial and Finance)
Term: Permanent Full-Time