A career in our Risk Modelling Services (RMS) team as a Property & Casualty Actuary, will provide you with the opportunity to contribute risk modeling and general insurance advice and consulting services to clients across all sectors. You’ll provide advice covering solvency, economic capital, risk management, mergers and acquisitions, company restructuring and risk control, financial modeling, underwriting, new legislation, and the efficiency of claims or reporting processes. You will also have the opportunity to provide oversight on risk modeling for emerging risks like climate and cyber. With us, you will have a clear career path, leaders who care about and support your development and goals. We focus on offering diverse learning and development opportunities to produce well-rounded professionals. Our team helps insurers address new financial reporting requirements by assessing the financial and business impacts of regulations, building implementation plans, and implementing relevant requirements, particularly across areas of financial reporting change. Property & Casualty Services at PwC offers consulting services to insurance companies, reinsurance companies and government agencies, as well as audit support for various insurance entities. You will work directly with our experienced actuaries on a wide range of projects and apply your experience in the insurance industry to a multitude of actuarial solutions. A career in our Property & Casualty Actuarial Services practice, within Risk Modeling Services, will provide you with the opportunities to grow as a PwC professional and leader. With us, you will have a clear career path, leaders who care about and support your development and goals. We focus on offering diverse learning and development opportunities to produce well-rounded professionals.
Meaningful work you’ll be part of
As a Risk Modelling Services, Actuarial, P&C Senior Manager you’ll work closely with the Actuarial Management team helping solve complex business issues of a wide range including financial, operational and strategic. Responsibilities include but are not limited to:
Lead a broad range of actuarial consulting services including pricing, predictive modeling, and captive feasibility and optimization analysis
Guide appointed actuary services including actuarial liability valuation and financial condition testing, product development, mergers & acquisition, advisory services, and insurance accounting standards (IFRS 17)
Direct client focused and solutions-oriented teams
Support the accounting teams to identify and review financial risk issues related to the actuarial aspects of the audit
Managing delivery of the actuarial reviews and analyzing client information in order to conclude whether the actuarial liabilities are fairly presented in the financial statements
Work on cross-functional projects with other departments within PwC
Build relationships outside of actuarial services with internal and external stakeholders
Participate in business development activities such as working on proposals and building quote estimates, maintain relationships with PwC clients, participation in industry committees and presentations
Coach junior actuaries in their technical and professional career development
Resource allocation
Experiences and skills you’ll use to solve
Extensive experience in actuarial services (Valuation/Reserving, Financial Reporting, Capital Analysis, Financial Condition Testing and/or Pricing)
Qualified Actuary (Fellow of the Casualty Actuarial Society and/or Fellow of the Canadian Institute of Actuaries)
Hands on pricing or predictive modeling experience considered an asset
Experience in policy liability valuation, financial condition testing or IFRS 17 considered an asset
Advanced analytical, problem solving and multitasking/project management skills
Commitment to providing excellent client service, by building and maintaining productive relationships with both internal and external clients
Keen on creating a strategic direction/vision for the group and manifest that in objectives and initiatives
Continuous improvement mind-set, challenges the status quo and seeks self-improvement
Strong written and oral communication skills, including experience presenting in a business context
Proficiency in reserving or statistical applications such as Arius, R, or Python
Prior experience within a consulting or advisory role (or capable to work in a consulting/audit environments and project-based work) considered an asset
A demonstrated commitment to valuing differences, developing and coaching diverse teams, and ensuring diverse perspectives are heard
When applying to a Quebec based opportunity, fluency in French is required. Outside of Quebec, fluency in French is an asset
This position ensures continuity and upholds our standards of excellence following the departure of a valued team member.
The salary range for this position is $168,000 - $218,000. The posted salary range represents the expected hiring range for PwC locations in major city centres. Given our national recruiting approach, ranges may vary for positions in other locations. At PwC Canada, base salary is determined by your skills, experience, qualifications and work location. In addition to base salary, eligible employees may have opportunities to participate in variable incentive pay programs which are designed to reward individual and firm-wide achievements. We are committed to offering competitive compensation and adhere to all relevant pay transparency legislation. During the hiring process, our Talent Acquisition team will provide details about our comprehensive total rewards package.
Why you’ll love PwC
We’re inspiring and empowering our people to change the world. Powered by the latest technology, you’ll be a part of diverse teams helping public and private clients build trust and deliver sustained outcomes. This meaningful work, and our continuous development environment, will take your career to the next level. We reward your impact, and support your wellbeing, through a competitive compensation package, inclusive benefits and flexibility programs that will help you thrive in work and life. Learn more about our Application Process and Total Rewards Package at: https://jobs-ca.pwc.com/ca/en/life-at-pwc
PwC Canada acknowledges that we work and live across Turtle Island, on the land that is now known as Canada, which are the lands of the ancestral, treaty and unceded territories of the First Nations, Métis and Inuit Peoples. We recognize the systemic racism, colonialism and oppression that Indigenous Peoples have experienced and still go through, and we commit to allyship and solidarity
We’re committed to providing accommodation throughout the application, interview, and employment process. If you require accommodation to be at your best, please let us know during the application process.
The use of artificial intelligence (AI) in recruiting is just getting started, so we know you have questions about how and why we use it. At certain points during our recruiting process, we rely on AI to improve your experience. This could be during resume review or curating personalized job recommendations, asking you clarifying questions via a chatbot or during our interview scheduling to improve your experience. Our use of AI helps ensure we combat bias by evaluating candidates equally and fairly, without seeing identity information, such as your name, or gender for example). AI also helps us better predict successful hires by reviewing all applicants for a role and the relationship between your skills, experience and likely success at PwC Canada. While AI supports parts of our recruitment process, final hiring decisions always involve human review. For more information about our use and protection of your data, please refer to our Privacy Policy (https://www.pwc.com/ca/en/privacy-policy.html).
