Senior Actuary, ALM
Dublin, IE
Full Time Permanent Contract 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 over recent years CL Re has developed a significant and diverse portfolio of reinsurance transactions. A bright, talented and motivated individual is sought to fill a Senior Actuary role to undertake measuring and reporting of ALM risks.
This role would suit an experienced reporting, investment or ALM actuary who:
- Is at ease working on deep technical matters and complex models.
- Wants to be part of forward-thinking team where creativity and problem-solving is central to what we do.
- Enjoys learning and developing and thrives in a fast-paced high-change environment.
In this role the successful candidate will:
- Deliver the quarterly production process for measuring and monitoring key ALM risks (such as interest‑rate risk) across the CRS balance sheet, ensuring high-quality and accurate results.
- Perform detailed analysis of results and clearly communicate key insights and trends to stakeholders across CRS and Lifeco.
- Support ad‑hoc analysis, including reviews of ALM risk metrics, methodology updates, changes to investment strategies, and assessments of new business activity.
- Identify, propose, and implement practical automation solutions to streamline reporting processes and improve reporting timelines.
- Support ALM strategic initiatives, such as developing ALM models and infrastructure.
The Person:
The ideal candidate will have:
- An actuarial qualification with at least three years post-qualification relevant technical experience.
- Demonstrated experience across some of the following:
- Asset and liability cash flow modelling, interest and inflation modelling, cash flow matching and ALM techniques.
- Financial reporting and capital reporting.
- A variety of risks and reinsurance transaction structures across life, non‑life and P&C.
- Developing finance and actuarial processes, project work (including delivering project timetables and communicating progress to relevant stakeholders) and change management.
- Experience working with actuarial modelling (e.g., Excel, Prophet, Python, R), data management (e.g., SQL) and data visualisation (e.g., PowerBI) software.
- Strong verbal and written communication skills, and in particular an ability to effectively communicate complex concepts by adapting to the different audiences.
- A high level of comfort operating in an environment with some ambiguity, change and uncertain parameters.
- Well-developed professional judgement and be at ease balancing urgency and importance.
- A collaborative mindset and an appetite to work effectively in partnership with senior management across the Dublin office, the Division, and the Group. A demonstrated capacity to build relationships, gain trust and command respect at all levels.
- A strong work ethic, pragmatic, a willingness to work to a flexible schedule and travel occasionally.
- An ability to plan work, manage time effectively and ensure timely completion of all deliverables. In particular, experience of managing multiple workstreams simultaneously to demanding schedules.
- The capacity to solve problems and make decisions effectively and efficiently.
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, investment, non-life and P&C 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 115 actuaries and trainee actuaries. It is a proactive, inspiring, and friendly environment where talent and hard work are recognised and rewarded.
Lifeco and its companies have approximately $3.3 trillion in consolidated assets under administration and a capital ratio (LICAT) of 131% (as at 30/09/2025).
As a Company we are committed to a diverse and inclusive workplace where employees can thrive and reach their full potential.
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.