SSQ Financial Group - An updated organizational structure among the actuarial groups

QUEBEC CITY, Feb. 28, 2013 /CNW Telbec/ - On April 1, 2013, SSQ Financial Group will proceed with the merger of Corporate Actuarial at SSQ, Life Insurance Company Inc., SSQ Insurance Company Inc. and SSQ General Insurance Company Inc. This organizational decision is in keeping with previous sector mergers that have taken place since 2011.

"For SSQ Financial Group, this reorganization aims to better support our business sectors in achieving their growth objectives. In this way, we can optimize project performance and the delivery of shared services", said Mr. René Hamel, Chief Executive Officer of SSQ Financial Group. In the wake of this reorganization, Mr. René Hamel is pleased to announce six nominations.

Ms. France LeBlanc will be appointed Vice-President - Corporate Actuarial. She will report to the Senior Vice-President, Corporate Services, Mr. Éric Trudel. In her new role, Ms. LeBlanc will be responsible for the valuation of obligations to insured persons and for monitoring the current and future financial situation of the Company as well as product experience and reinsurance. Ms. LeBlanc will also continue to perform her duties as designated actuary for SSQ General Insurance Company Inc. Ms. LeBlanc came to SSQ in 1999 and is a Fellow of the Canadian Institute of Actuaries (FCIA) and the Casualty Actuarial Society (FCAS).

Ms. LeBlanc will be able to count on an experienced management team.

Mr. Marcel Gaudet continues as Vice-President - Corporate Actuarial - Individual Insurance. While remaining responsible for corporate actuarial duties for our Individual Insurance business, he will also act as Strategic Advisor to Ms. LeBlanc. Mr. Gaudet is a Fellow of the Canadian Institute of Actuaries (FCIA) and the Society of Actuaries (FSA). He has worked for SSQ Insurance since 1995.

Mr. Thierry Brochu will be appointed Director - Corporate Actuarial - Individual Insurance and Retirement. Mr. Brochu has worked at SSQ since 2010 and will work closely with Mr. Marcel Gaudet overseeing the corporate actuarial work in individual insurance business as well as in Investment and Retirement products.

Mr. Luc Martin will be appointed Director - Corporate Actuarial - Life and Health Insurance. He will be responsible for corporate actuarial work for our Life and Health Insurance sector (group insurance and conversion products) as well as managing our group reinsurance contracts. Mr. Martin has been with SSQ since 1994 and is a Fellow of the Canadian Institute of Actuaries (FCIA) and the Society of Actuaries (FSA).

Mr. Frédéric Saillant will be appointed Director - Corporate Actuarial - General Insurance and Operations Support. He will oversee corporate actuarial tasks for automobile, home and business insurance while also supporting operations for the entire department. Mr. Saillant has been with SSQ since 2002. He is a Fellow of the Canadian Institute of Actuaries (FCIA) and the Casualty Actuarial Society (FCAS). In addition to being an Associate of the Society of Actuaries (ASA), he also holds the title of Chartered Enterprise Risk Analyst (CERA).

And lastly, Mr. Patrice Raby will be appointed Vice-President - Actuarial at SSQ General Insurance Company Inc. He will be in charge of underwriting and segmentation for all the products of this business sector. This department also contributes to the development of our offering and the production of management information related to products and their profitability. Mr. Raby has worked for SSQ since 2012. He is a Fellow of the Canadian Institute of Actuaries (FCIA) and of the Casualty Actuarial Society (FCAS).

In closing, Mr. Serge Boiteau will continue to act as designated actuary at SSQ, Life Insurance Company Inc. Mr. Boiteau is a Fellow of the Canadian Institute of Actuaries (FCIA) and of the Society of Actuaries (FSA).

About SSQ Financial Group
With over $3 billion in annual revenue and over $10 billion in assets under management, SSQ Financial Group is a leading mutual diversified financial institution in Canada.

The Group serves over one million clients and provides jobs to over 1,900 employees. SSQ, Life Insurance Company Inc., the Group's principal company, is recognized as a leader in the group insurance industry and as an expert in the investment retirement sector. SSQ Financial Group is also a rising star in home and auto insurance (SSQ General Insurance Company Inc.) and individual insurance with its new subsidiary, SSQ Insurance Company Inc.

For more information, please visit ssq.ca.

SOURCE: SSQ FINANCIAL GROUP

For further information:

Marie Lamontagne
Senior Vice-President
Corporate Communications and Marketing
418-652-2764 | marie.lamontagne@ssq.ca


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