Senior Actuarial Analyst

Sun Life U.S. is one of the largest providers of employee and government benefits, helping approximately 50 million Americans access the care and coverage they need. Through employers, industry partners and government programs, Sun Life U.S. offers a portfolio of benefits and services, including dental, vision, disability, absence management, life, supplemental health, medical stop-loss insurance, and healthcare navigation. We have more than 6,400 employees and associates in our partner dental practices and operate nationwide.

Visit our website to discover how Sun Life is making life brighter for our customers, partners and communities.  

Job Description:

The opportunity:  

Sun Life embraces a hybrid work model that balances in-office collaboration with the flexibility of virtual work.

The Employee Benefits Projections/FP&A team is responsible for generating financial plans as well as analyzing monthly and quarterly results for the company’s Employee Benefits business. In this position you will be working in a Senior Actuarial Analyst role reporting to the AVP, Actuarial Analytics and Modeling Infrastructure.  The team reports to the CFO and helps develop the storylines around the business for both actual and projected earnings.  This role will be required to provide technical support for existing data sources, reporting and analysis across multiple FP&A functions. Workflow is a good balance of regular deliverables and more open-ended projects that require critical thinking and problem solving skills. Being able to manage various tasks and initiatives is important.

How you will contribute:  

• Identify opportunities within existing reporting to improve manual processes with technological solutions, in order to reduce manual work and increase accuracy
• Complete Monthly, Quarterly, and Plan Description of Earnings (DOE) reporting
• Create connections across data sources and reports to enable better visibility to the financial performance of the business, leveraging income statement and actuarial reporting
• Work as a partner between the business and IT to identify potential enhancements, and ensure data infrastructure is developed to allow for analysis of key business initiatives
• Commitment to accuracy and the need for improved controls throughout reporting and analysis
• Support valuation area on experience study work, completing the onerous reserve study and any other ad-hoc requests
• Support Projections team during Business Plan and Strategic Plan cycles, through peer reviews and other technical development work
• Identify action areas for projections and analytics through proactive and thoughtful analysis

 What you will bring with you:  

• 3-5 years of actuarial experience preferred, with associated exam progress.
• Experience writing complex queries and working with relational databases, preferably in SQL
• Experience integrating data into Excel reporting from various sources (relational databases, text files, other spreadsheets) utilizing Power Query or VBA.
• Prior experience in actuarial modeling software preferred
• Strong analytical capabilities, attention to detail, curiosity, organizational skills and commitment to meeting reporting deadlines.
• Takes full accountability for the accuracy and quality of work with a focus on internal control considerations.
• Excellent interpersonal and communication skills, both written and verbal, are required as this position has direct contact with numerous departments within the company including expense leaders, financial analysts, actuarial resources, and other key partners.
• Ability to collaborate effectively with a variety of team members and develop and manage internal relationships to help the organization meet its business goals.
• Experience working with Group Insurance products, distribution, underwriting, and claims considered an asset.

Salary:  

71,000-106,700

At our company, we are committed to pay transparency and equity. The salary range for this role is competitive nationwide, and we strive to ensure that compensation is fair and equitable. Your actual base salary will be determined based on your unique skills, qualifications, experience, education, and geographic location. In addition to your base salary, this position is eligible for a discretionary annual incentive award based on your individual performance as well as the overall performance of the business. We are dedicated to creating a work environment where everyone is rewarded for their contributions.