Head of Actuarial Process and System Development


Dublin, IE

Company:  Canada Life Group Services

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)

Role Overview

After a very successful period of growth CL Re has developed a significant and diverse portfolio of reinsurance transactions. A significant project has now been commissioned to design, develop and implement an integrated suite of processes and systems that will give rise to an efficient, reliable, robust and scalable platform to support the Actuarial Function discharge its responsibilities. The platform will leverage existing processes and systems and be developed to support both the existing portfolio and the planned portfolio growth in the years ahead.

This role is responsible for the Process and System project. The key senior stakeholder relationships include: Actuarial Leadership, Head of Operations, Head of Finance, Head of IT as well as the Divisional Steering Committee.

This exciting, critical and high-profile role is considered a key enabler and accelerator of the Actuarial Function’s success. It is a unique opportunity to:
•    Work with leaders across the Company on the process and system transformation journey.
•    Set and deliver on the strategic direction for the processes and systems that will be a cornerstone of CL Re long into the future.

What you will help us to achieve

In this role, the successful candidate will:

•    Develop a deep understanding of the Actuarial Function deliverables and the existing processes and systems.
•    Lead the Process and System project from scoping through to implementation. This will include seeking Steering Committee support, budget approval, drafting detailed project plans, project management, governance and reporting, design and build, testing and implementation into production.
•    Identify and engage the skillsets (e.g., business analysts, SQL, Prophet, Power BI…etc.) required to deliver the project.
•    Work with the relevant internal stakeholders (Actuarial teams, Operations Function, Finance Function, IT Function, the Group Actuarial Function) and lead the engagement with external suppliers.
•    Create an environment and ultimately a culture that encourages new approaches, challenges the status quo and inspires creativity. Explore the use of emerging technologies and develop an understanding of how they can be leveraged for actuarial processes.
•    Guide and oversee the Actuarial teams’ migration across to the new processes and systems, ensuring the targeted benefits are fully realised across the Actuarial Function.
•    Keep abreast of regulatory change, technological advancements, industry trends and best practice in the reinsurance industry.

What you will need to be successful in the role

The ideal candidate will have:

•    A relentless passion for success and making an impact.
•    Extensive experience and a deep understanding of actuarial processes and systems.
•    Experience of developing actuarial systems and managing process improvement initiatives (including delivering project timetables and communicating progress to relevant stakeholders).
•    A proficiency in data management and analysis, cash flow modelling, financial and capital reporting, project management, Finance or Actuarial transformation projects as well as knowledge of Agile ways of working.
•    Significant experience in a senior actuarial role managing a team in a fast-paced complex environment and a strong track record of delivery at senior management level.
•    Well-developed professional judgement and be at ease balancing urgency and importance.
•    A demonstrated capacity to build relationships, gain trust and command respect at all levels.
•    A credible voice speaking to senior decision makers within the Division and the Group.
•    An appetite to work effectively in partnership with senior management across the Dublin office, the Division and the Group.
•    Highly refined verbal and written communication skills and in particular, an ability to effectively communicate complex concepts to different audiences.
•    A strong work ethic, a willingness to work to a flexible schedule and to travel occasionally.

Key Competencies

Planning and Organising
Communication and Influencing
Team Working and Cross Functional Collaboration
Innovation and Change

Technical Competencies

Technical expertise

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, more recently, Asia. CL Re offers a range of innovative risk and capital management solutions covering mortality, longevity, health, lapse and investment risk for insurers, reinsurers, and pension funds. CL Re is continuing to expand the reinsurance 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 160 reinsurance professionals, including 110 actuaries and trainee actuaries. It is a proactive, inspiring, and friendly environment where talent and hard work are recognised and rewarded.


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


Lifeco and its companies have approximately $2.8 trillion in consolidated assets under administration and a capital ratio (LICAT) of 128% (as at 31/12/2023).


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.