Director, Internal Audit Actuarial and Risk

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Director, Internal Audit Actuarial and Risk

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locations

Wellesley Hills, Massachusetts

Sun Life Wellesley

U.S. Employees (Remote)

time type

Full time

posted on

Posted 2 Days Ago

job requisition id

JR00096312

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.
Job Description:
Location

:

We

support US

flexible

working arrangements in the

contiguous 48

states.
At Sun Life,

we look for optimistic people who want to make life brighter for our

Clients

.We understand the value of diverse cultures, perspectives, and identities, and want you to bring your full and authentic self to work.Every day,

you’ll

be empowered and challengedbyworking withdynamic colleaguesto find new and innovative ways to make Sun Life the best benefits company in America.
The opportunity:
Our team members are important to us, and we understand that each person’s needs and circumstances are unique. At Sun Life (SL) we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs. In addition, Internal Audit fully participates in, and supports, Sun Life’s quinquennial sabbatical program where, starting with your 5th work anniversary and repeating every five years after, you can take a 3–6-week sabbatical that includes an additional paid week off added to your allotted vacation time.
Internal Audit contributes to Sun Life’s success by creating value through partnership, advisory and objective assurance. This role reports to the AVP, Internal Audit leading the Professional Practices Group for Internal Audit globally. The incumbent is a risk and actuarial subject matter expert that is responsible for guiding the North American actuarial audit team on actuarial matters and the global audit team on consistent risk-based guidance and approaches where relevant. The Director, Internal Audit Actuarial and Risk is an individual contributor role that will be supported in their mandate by various team members from time to time across the global audit team.
How you will contribute:
Actuarial Focus
Provide subject matter expertise on actuarial matters in North America, supporting the audit teams in completing their risk assessments and audits.
Provide subject matter expertise and informing the approach to assessing risk and executing on thematic actuarial audits across the global audit teams to ensure consistency in approach where appropriate.
Provide expertise and leadership in discussions of risk assessment and audit findings with the clients in the business as appropriate for actuarial reviews.
Support the continuous improvement of the audit teams’ understanding of actuarial concepts and the risks inherent in insurance products through training efforts.
Monitor results for all actuarial processes selected for continuous audit/continuous monitoring.
Participate in audits as required for North America actuarial processes.
Actively participate in meetings with clients to help support a common understanding of risks inherent in the business process being audited as well as support clear communication of any recommendations for control improvement resulting from audit work.
Risk Focus
Lead the approach to dynamic risk assessment through participation in global risk discussions and issue management that can be translated to audit implications and considered by the audit teams in a pro-active way.
Collaborate across Internal Audit on risk topics and audit approaches.
Provide guidance and challenge on risk related aspects of audit methodology and thematic reviews.
Increase risk awareness across the department to help guide consistent risk-based audit work.
Maintain a risk repository that supports on demand risk data to inform audit work.
Take on a leadership role in contribution of teams’ continuous improvement and performance and reinforce internal audit purpose and risk assessment best practices.
Deliver on the role of the department’s Operational Risk Officer (ORO) and Business Unit Compliance Officer (BUCO).
General
Develop and leverage relationships with key leaders, including the first- and second-line leaders relevant to the mandate.
Maintain knowledge and skills by staying current with developments in audit practice and the insurance industry.
What you will bring with you:
Professional actuarial designation
7+ years of experience in risk management and actuarial processes with a focus on building and leveraging relationships within and outside of your direct team.
Strong understanding of the elements of risk management and controls. In addition, strong understanding of the actuarial processes (e.g., Valuation, Pricing, ALM, Capital, or Second Line Oversight) and tools (e.g., AXIS, Pathwise, etc.)
Strong critical thinking skills to enable risk and control assessment and issue identification. Also creativity to adjust traditional approaches and tools, and willingness to challenge the status quo.
Resilient and agile with the ability to manage conflict with the capacity to handle multiple complex deliverables simultaneously, and to prioritize work efforts.
Strong personal and interpersonal skills – ability to manage diverse relationships across the organization, while effectively communicating complex issues and decisions, and remain open, receptive, and influence

effectively.
Strategic thinking, analysis, and interpretation skills – able to see and share the big picture.
Change Management Skills – Comfortable in leading change, driving the implementation of effective practices, and helping others to make or adjust to change.
Internal audit or risk management experience
Experience in presenting to large groups and senior management.
Do you see yourself in this role even if you

haven’t

checked all the boxes above? We welcome all talented candidates and are committed to a culture that

represents

diversity in all forms. If you think you might thrive in this setting, we would love to hear from you.
Not ready to apply yet but want to stay in touch?

Join our talent community

to stay connected until the time is right for you!
Life is brighter when you work at Sun Life
Excellent benefits and wellness programs to support the three pillars of your well-being – mental,

physical

and financial – including generous vacation and sick time, market-leading paid family, parental and adoption leave, a partially-paid sabbatical program, medical plans, company paid life and AD&D insurance as well as disability programs and more

Retirement and Stock Purchase programs to help build and enhance your future financial security including a 401(k) plan with an employer-paid match as well as an employer-funded retirement account

A flexible work environment with a friendly, caring, collaborative and inclusive culture

Great Place to Work Certified in Canada and the U.S.

Named as a “Top 10” employer by the Boston Globe's “Top Places to Work” two years running

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
If you are a California resident, the salary range for this position is:
Southern California region:

$151,100 - 226,700

annually

Central California region

:

$159,400 - 239,100

annually

Northern California region:

$170,300 - 255,

annually

If you are a Colorado resident

, the salary range for this position is

$144,200 - 216,300 annually
If you are a New York resident

, the salary range for this position is

$170,300 - 255,500

annually.
If you are Washington resident, the salary range for this position is

$159,400 - 239,100

annually.
We consider

various factors

in

determining

actual pay including your skills, qualifications, and experience

.

In addition to salary, this position is eligible for incentive awards based on individual and business performance as well as a broad range of competitive benefits.
Sun Life Financial is a leading provider of group insurance benefits in the U.S., helping people protect what they love about their lives. More than just a name, Sun Life symbolizes our brand promise of making life brighter -for our customers, partners, and communities. Join our talented, diverse workforce and launch a rewarding career. Visit us at

www.sunlife.com/us

to learn more.
At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.
#

LI-

remote
Our Affirmative Action Program affirms our commitment to make reasonable accommodation to the known physical or mental limitation of otherwise-qualified individuals with disabilities or special disabled veterans, unless the accommodation would impose an undue hardship on the operation of our business. Please email

[email protected]

to request an accommodation.
At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.
For applicants residing in California, please read our employee California Privacy Policy and Notice.
Job Category:
Internal Audit

Posting End Date:
28/05/2024 All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Shine together
At Sun Life, you can be your most brilliant self. Our supportive, flexible, and inclusive work environment is one where you – and your career – can thrive. Whatever your aspirations, collaborative leaders and colleagues are ready to help you learn, grow, and succeed.
We’re a global company with a passion for people. Our purpose is to help Clients achieve lifetime financial security and live healthier lives. As a team of 30,000 across 26 countries, our impact is far-reaching, and locally relevant There’s power in numbers. As part of Sun Life’s growing team, you have an impact on people in your community and around the world.
Shape the future
With an optimistic eye on a brighter future, we drive to innovate. Be part of leading change, push boundaries and try new ways of working. Use data to drive bold actions. Be agile and pivot as we test and learn. At Sun Life, we’re driving transformation, sustainability and innovation for our Clients, employees, partners, and communities. Join us. Together, we can make the future brighter.

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