Analyst - Property & Casualty Insurance Practice in Toronto

The Property and Casualty Consulting Practice assists (re)insurance companies, self-insured corporations, government entities, and other organizations with all aspects of managing property and casualty insurance exposures. We guide P&C clients on their qualitative assessment and quantification of risk and loss exposures, and offer advice on a range of issues, from external business strategy and internal risk management to economic capital modeling and new product development.

As an analyst in our P&C Actuarial Insurance Practice, you will engage in transformative client projects, leveraging your technical expertise and strategic insights to develop, validate, and operationalize actuarial models, methodologies, and workflows. This role offers the chance to work with multidisciplinary teams and cutting-edge technologies, including AI, to deliver impactful solutions across a wide range of actuarial disciplines, including pricing, reserving, and capital modeling.

Responsibilities

• Deliver Transformative Actuarial Solutions: Support client engagements by applying actuarial knowledge, analytical skills, and structured problem-solving to complex insurance challenges.
• Analyze and Interpret Complex Data: Conduct detailed analyses across large and complex datasets, identifying trends, validating results, and developing insights that support actuarial, operational, and strategic decision-making.
• Execute Actuarial Analyses: Apply established actuarial methodologies, assumptions, and models to produce accurate, well-supported analyses.
• Support Client Engagement: Work directly with client and internal stakeholders to gather requirements, understand business challenges, and communicate analytical findings clearly.
• Collaborate Across Actuarial and Technology Teams: Work alongside actuaries, engineers, data scientists, and other specialists to translate actuarial requirements into technical specifications.
• Ensure Quality and Accuracy: Perform rigorous validation of data, assumptions, calculations, models, and outputs, identifying and resolving issues.
• Contribute to Actuarial Innovation: Help develop and enhance tools, methodologies, automation, and AI-enabled solutions that modernize actuarial work.
• Contribute to High-Performing Teams: Take ownership of assigned deliverables, manage priorities and deadlines effectively.

Qualifications

• Education: Expected to graduate in 2027 or already holds a BA/BS degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or a related field.
• Experience: Relevant actuarial experience, including internships or other professional experience.
• Commitment to pursuing CAS actuarial credentials.
• Communication Skills: Exceptional verbal and written skills to convey complex information effectively.
• Analytical Mindset: Strong problem-solving capabilities; intellectual curiosity to meet tight deadlines.
• Microsoft Suite: Advanced Excel for data analysis and reporting.
• Strong Organizational Skills: Ability to prioritize, manage multiple tasks and meet project objectives and deadlines.
• AI Proficiency: Experience utilizing AI technologies for modeling and analytics.
• Programming: Knowledge of programming languages (Python, R, SQL is a plus).

Compensation & Benefits

Base salary range (U.S.): $65,000 – $110,000 CAD, depending on location, exams, and experience.

Actuarial exam support program (paid study time, exam reimbursement, study materials, first-time pass incentives).

Performance-based incentives.

This role is also contingent on the submission of proper authorization to work in Canada and your ability to maintain your right to legally work for the Company in for the duration of your employment.

Why join us?

Come aboard if you are excited by challenges and want to work across different cultures. Our consultants learn on the job and receive formal training to develop their communication, presentation, analytical, and client management skills.

We believe in flexibility, including the opportunity of hybrid working. You are also invited to join our colleague resource groups and social activities.

Oliver Wyman is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.