At a Glance
- Tasks: Drive impactful risk modeling and consulting services for diverse clients.
- Company: Join PwC, a leader in innovative actuarial solutions.
- Benefits: Competitive salary, flexible work options, and comprehensive benefits.
- Other info: Collaborative environment with strong mentorship and growth opportunities.
- Why this job: Elevate your career while making a real difference in the insurance industry.
- Qualifications: Experience in actuarial roles and pursuing FCIA designation.
The predicted salary is between 84700 - 134700 $ per year.
A career in our Risk Modelling Services (RMS) team as a Life Actuary will provide you with the opportunity to contribute risk modeling and 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, regulation, and the efficiency of models or reporting processes. You will also have the opportunity to work with other professionals within PwC leveraging the latest in technology to help solve important client challenges. 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.
Your role will include, but isn’t limited to:
- Supporting a broad range of consulting services and audit support assignments.
- Consulting services involve working closely with senior actuaries on Appointed Actuary and actuarial liability valuation work, capital and risk review and analysis, advisory services on IFRS 17, M&A related consulting, product development, and a variety of other consulting work.
- Provide support for IFRS 17 financial statement audits as an actuarial specialist, including assessment of valuation methodology and assumptions, experience studies, regulatory capital reporting, reserve reconciliation and data validation.
- You will work closely with experienced actuaries and colleagues across PwC to ensure that the actuarial liabilities are fairly presented in the financial statements.
- Working on ad-hoc engagements such as insurance systems modernization, model governance, AXIS modelling, and the development of AI solutions.
- Collaborating, planning and executing cross-functional projects with people outside of your core discipline including Advisory, Deals, Assurance, Tax and Data & Analytics.
- Working towards leading your own engagements and teams.
- Coaching and providing technical training to junior staff.
What You'll Bring
Your skills, knowledge, and experiences are what set you apart. Here's what we look for:
- Considerable experience in an actuarial role in the life insurance industry.
- Actively pursuing the FCIA designation, or recent FCIA.
- Working knowledge of IFRS 17, investments, hedging, stochastic modeling, segregated funds, participating products or product development considered an asset.
- Prior experience within a consulting or advisory role is an asset.
- Demonstrated strong technical skills using Moody’s AXIS/Risk Integrity and MS Office suite.
- Proven ability working with data analytic tools (Tableau, Alteryx, VBA) and an appetite for development of AI solutions considered an asset.
- Exceptional commitment to providing excellent client service, by building and maintaining productive relationships with both internal and external clients.
- Advanced analytical and problem-solving skills with strong attention to detail.
- Ability to manage multiple, concurrent priorities and work effectively under tight timelines.
- Strong written and oral communication skills with the ability to explain complex actuarial concepts to both technical and non-technical audiences.
- A demonstrated commitment to valuing differences and working alongside and/or coaching diverse people and perspectives.
The salary range for this position is $84,700 - $134,700. 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.
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.
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.
Risk Modelling Services, Actuarial, Life Senior Associate in Toronto employer: PwC
At PwC, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. As a Transformation Risk and Advisory Manager, you'll have access to extensive professional development opportunities, competitive compensation, and the chance to work with cutting-edge technology in a supportive environment. Our commitment to employee growth and meaningful work ensures that you can make a real impact while advancing your career in one of Canada's major city centres.
