Specialist, Corporate Development – Capital Management in Montréal

Specialist, Corporate Development – Capital Management in Montréal

Montréal Full-Time On-site
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Our employees are at the heart of everything we do. Together, we help people, businesses, and society prosper in good times and be resilient in bad times.

Our employee promise represents Intact’s commitment to you in exchange for living our Values, striving to do your best work, being open to change and investing in your career. In return, we promise to provide support, opportunities and performance-led financial rewards at a workplace where you can shape the future, win as a team and grow with us.

Pay at Intact is about much more than just salary.

Flexible

work arrangements and a

hybrid

work model

Possibility to purchase up to

5 extra days off

per year

Multiple benefits offered to support

physical and mental

wellbeing, including telemedicine, Wellness account and much more

Share plan & other savings: up to

12%

of salary or even more (ask how you could earn guaranteed income for life)

Salary range

(but not limited to):

118,700 - 145,100

Annual bonus

target, based on the base salary, with a potential payout of up to

double

the target (subject to personal and company performance):

15%

As part of our commitment to

Win As A Team

, we share our success with employees through our annual bonus plan and Employee Share Purchase Plan (ESPP) – with Intact matching 50% of your net shares.

Our pension offerings provide flexibility and long-term security for our employees beyond their careers. We are one of the few companies offering the opportunity to receive guaranteed income for life via our defined benefit pension plan.

Salary for the candidate will be determined taking into consideration a number of factors including: experience, skills, qualifications, anticipated contribution to role, internal equity, etc. The salary range presented above is based on a 35-hour workweek and would represent a majority of different candidate profiles. However, we encourage candidates who may fall outside of this range to apply as well.

About the role About the Role: The key responsibility for this role would be to oversee forecasting, internal and external capital reporting and to assist in communications with Canadian regulators. The role reports to the Director of Capital and could have a single direct report. The role would be expected to coordinate with Actuarial, Risk, Finance and Investment teams on projects and requests.

What you’ll do: Capital Management – Canada:

Regulatory Expertise:

Develop an in-depth of the Canadian Minimum Capital test as administered by Canadian regulators. The expectation is that this role becomes the reference for the company in the calculation and developments of this standard.

Participate in industry committees related to changes in the regulatory capital standard and any proposed changes.

Oversee capital modeling for regulated Canadian insurance entities and provide regular reports and analysis regarding the financial condition of the entities. Modeling would include:

Changes in underwriting results including payment patterns, reinsurance structures, reserve adjustments, and growth.

Changes in market levels, investment mixes and the impact of complex financial instruments on the capital levels.

The impact of all other balance sheet or off-balance sheet items which may have an impact on capital (e.g. defined benefit plans, derivative financial instruments, structured settlements, etc.)

Prepare and present Canadian capital-related internal and external reports as required.

Performing financial and underwriting stress tests. The purpose being to identify, quantify and recommend capital strategies to restore the capital position for Canadian entities.

Support capital related needs of other Canadian teams:

Provide support to Accounting, Risk Management, Investments and Tax with ad hoc capital related queries and requests.

Aid in preparing documents for communication with federal and provincial Canadian regulators.

Responsible for quarter-end Canadian Capital Disclosures and auditing requirements.

Assist in analysis in mergers and acquisitions.

What you’ll bring:

Post secondary education in actuarial, accounting, tax, investments, treasury or corporate finance – is required.

Minimum 5 years of experience specializing in insurance financial functions.

Advanced technical knowledge using Power Point and Excel, Power BI and financial modelling – is required

Excellent communication skills, with the ability to effectively convey and present technical information to senior leadership in a professional manner – is required

For candidates located in Quebec, bilingualism is required considering the necessity to interact on a regular basis with English-speaking colleagues across the country.

#LI-Hybrid

Il s’agit d’un nouveau rôle au sein de notre équipe en pleine croissance | This role is a new member of our growing team.

We are an equal opportunity employer

At Intact, our Value of respect is founded on seeing diversity as a strength. We strive to create an accessible workplace where employees feel valued, included and encouraged to share their unique perspectives.

We encourage applications from individuals who are members of equity-deserving groups, including but not limited to women, Indigenous peoples, persons with disabilities, Black people, and members of the 2SLGBTQI+ community.

As part of Intact’s commitment to reconciliation, we acknowledge that we work, meet and travel across the land currently called Canada, originally inhabited by First Nations, Metis and Inuit people. This history extends through many centuries and continues to evolve today.

We have policies to ensure equal access and participation for people with disabilities, including providing workplace adjustments (accommodations). A copy of applicable policies is available on request.

If we can provide a specific adjustment to make the recruitment process more accessible for you, please let us know when we reach out about a job opportunity. We’ll work with you to meet your needs.

Learn more about our recruitment process and your candidate journey here.

Please note that Intact does not provide sponsorship or other support for immigration-related matters including but not limited to employer-specific closed work permits. Candidates must be eligible to work in Canada from the anticipated start date and throughout their employment and are solely responsible for maintaining their work eligibility.

If you are an employee of Intact or belairdirect, please apply for this role on Internal Career Site.

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Specialist, Corporate Development – Capital Management in Montréal employer: Intact FC

At Intact, we prioritise our employees by fostering a collaborative and inclusive work culture that encourages growth and innovation. As a Senior Enterprise Architect in Finance, you'll benefit from flexible work arrangements, comprehensive wellness programs, and a robust pension plan, all while contributing to meaningful projects that shape the future of our technology landscape. Join us to thrive in a supportive environment where your contributions are recognised and rewarded, and where you can truly make a difference.

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Contact Details:

Intact FC Recruitment Team