We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, inclusive culture and talent experience and our ability to be compelling to our clients. You’ll find an environment that inspires and empowers you to thrive both personally and professionally. There’s no one like you and that’s why there’s nowhere like RSM.

Managing Director (Life), Actuarial Services

RSM’s purpose is to deliver the power of being understood to our clients, colleagues and communities through world-class audit, tax and consulting services focused on middle market businesses. The clients we serve are the engine of global commerce and economic growth, and we are focused on developing leading professionals and services to meet their evolving needs in today’s ever-changing business environment.

At RSM, we love to be told that something is impossible. We constantly seek to innovate and pride ourselves on our ability to find unique, creative solutions to complex business problems. Our innovative, strategic approach rests on the knowledge, experience, and imagination of our creative, entrepreneurially-minded colleagues. We often bring together professionals from various areas of our firm to brainstorm ideas about a problem: as a result, we have a reputation for uncovering the possibilities in seemingly impossible situations.

The Actuarial Services practice is just one of many consulting services groups that form part of RSM’s consulting line of business. A career within Actuarial Services will provide you with the opportunity to contribute insurance, risk advisory, and consulting services to clients in variety of industries including insurance, financial services, not-for-profit, government, and many more. You will have the opportunity to provide advice covering traditional actuarial services, risk and financial modeling software, enterprise risk management, insurance management, capital and financial modeling, process risk and controls, data analytics, and insurance transformation projects. Simply put, you will consistently strive to provide economic and financial value optimization for our clients and their customers using risk management and insurance strategies and techniques. 

As a Managing Director in the Actuarial Service practice, you will work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution, and contribute to the overall growth of the practice. Professional skills and responsibilities for this level include the following:

• Lead client relationship management and lead the execution of core actuarial services, including but not limited to:
  • Data collection, reconciliation, and analytics
  • Actuarial pricing and reserving analyses
  • Financial condition testing and economic capital modeling
  • Actuarial reports, presentations, and dashboards
  • Actuarial model development, governance and controls
• Lead client strategy and lead the development of new business, including but not limited to:
  • Developing forecasts and business cases
  • Preparing and reviewing client letters, proposals, and presentations
  • Maintaining and analyzing client databases
  • Performing market research and preparing industry presentations
• Analyze complex ideas and incorporate broader stakeholder views to develop meaningful solutions and recommendations.
• Pursue opportunities to develop existing and new skills outside of your comfort zone.
• Focus on building trusted relationships with our clients and your colleagues.
• Develop a perspective on key industry trends, and how they impact the firm and our clients.
• Oversee engagement economics and manage appropriate resources for efficient engagement models
• Anticipate and address client concerns and escalate issues as they arise; identify performance improvement opportunities
• Understand RSM's service lines and work as a team in providing an integrated service delivery
• Develop others within the Actuarial practice through mentoring, training and advising on career development or participating in other Firm initiatives
• Understand RSM's lines of businesses, availability of services and where applicable, discuss with client management of opportunities to make valuable introductions to others in the firm
• Work with the National Actuarial Leader on "go to market" strategy, participating in proposals, pitch meetings, and developing marketing collateral
• Develop a strategy to utilize relationships external to the firm with different types of Centers of Influence to effectuate business growth
• Subscribe to and actively read industry publications and share relevant information with clients as considered applicable
• Ensure professional development through ongoing education

The successful candidate should meet the following requirements:

• University degree in Actuarial Science, Statistics, Mathematics or similar 
• At least 20 years of relevant work experience
• Fellow of the Society of Actuaries (FSA) and MAAA
• Experience in Life insurance pricing, reserving, data analytics, risk management, financial reporting, capital modeling and/or stress testing
• Experience as an Appointed Actuary or Peer-Reviewer in Canada
• Experience as an Appointed Actuary in US considered an asset
• Experience managing and coaching actuarial staff from a career development perspective
• Experience leading actuarial team and/departments including recruiting, staff management, and stakeholder management
• Strong time management and organizational skills with the ability to multi-task and attain deadlines in a fast-paced, dynamic environment 

Additional characteristics of the ideal candidate would also include:

• Client-service driven and confident in their abilities and judgment 
• Solutions-oriented with keen attention to detail and analytical ability 
• Self-motivated, accountable and able to work with minimal direction and/or supervision
• Able to work as an integral part of a team and share their unique strengths in a collaborative manner to achieve common goals
• Keen to understand and learn innovative concepts and practices
• Previous work experience leading teams using actuarial software an asset (Moody’s AXIS, Prophet, ALFA)
• Proficient in Microsoft Office (Word/Excel/PowerPoint)
• Previous work experience with SQL, Visual Basic, R, Python, or Tableau considered an asset
• Excellent communication skills in English, both verbal and written 
• Excellent communication skills in French considered an asset

At RSM, we offer a competitive benefits and compensation package for all our people. We offer flexibility in your schedule, empowering you to balance life’s demands, while also maintaining your ability to serve clients. Learn more about our total rewards at https://rsmcanada.com/careers/life-at-rsm/rewards-and-benefits.html.

RSM does not tolerate discrimination and/or harassment based on race; colour; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender (including gender identity and/or gender expression); sexual orientation; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the in the Canadian uniformed service; pre-disposing genetic characteristics or any other characteristic protected under applicable provincial employment legislation. 

Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment/partnership. RSM is committed to providing equal opportunity and reasonable accommodation for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or otherwise participate in the recruiting process, please call us at 800-274-3978 or send us an email at [email protected].

At RSM, an employee’s pay at any point in their career is intended to reflect their experiences, performance, and skills for their current role. The salary range (or starting rate for interns and associates) for this role represents numerous factors considered in the hiring decisions including, but not limited to, education, skills, work experience, certifications, location, etc. As such, pay for the successful candidate(s) could fall anywhere within the stated range.

Compensation Range: $143,345 - $243,735