At a Glance
- Tasks: Lead risk modelling projects and provide consulting services to insurance companies and government agencies.
- Company: Join PwC, a leading firm with a collaborative and innovative culture.
- Benefits: Competitive salary, variable incentive pay, and opportunities for professional growth.
- Other info: Fluency in French is required for Quebec roles; dynamic environment with excellent career advancement.
- Why this job: Make an impact in the insurance industry while working with advanced analytics and machine learning.
- Qualifications: Experience as a P&C actuary and proficiency in data analytics tools.
The predicted salary is between 112400 - 162400 $ per year.
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 insurance companies, reinsurance companies, and government agencies, as well as audit support for various insurance entities.
You will work directly with our experienced actuaries and other actuarial associates on projects including reserving, pricing, solvency and capital management, economic capital, financial condition testing, and the impact of new laws and regulations. You will also have the opportunity to provide oversight on risk modeling for emerging risks such as climate and cyber, and help develop tools and models that leverage machine learning and advanced finance analytics.
Managing a broad range of actuarial consulting services and transformation initiatives, you will work closely with Senior Actuaries on services including actuarial liability valuation and financial condition testing, product development, mergers & acquisitions, advisory services, and insurance accounting standards (IFRS 17). You will support accounting teams with financial risk issues, manage actuarial reviews and analyze client information to evaluate fairness of actuarial liabilities in the financial statements, seek business development opportunities, support engagement delivery and collaborate with actuaries and other actuarial students on cross‑functional projects.
You will present findings to non‑actuarial teams clearly and participate in development of proposals, industry presentations, marketing materials, and maintain communication with PwC clients. You will coach actuarial staff in technical and professional development and foster relationships with clients.
Significant experience as a P&C actuary, including experience with climate risk modeling. Fellow or Associate of the Casualty Actuarial Society and Canadian Institute of Actuaries. Hands‑on policy liability valuation, financial condition testing, IFRS 17, pricing, or predictive modeling experience. Exceptional commitment to providing excellent client service, building and maintaining productive relationships with both internal and external clients. Advanced analytical, problem‑solving, and multitasking/project management skills. Proficiency in reserving or statistical applications such as Arius, R, Python, and @Risk. Proven ability working with data analytic tools (Tableau, Alteryx, VBA) – considered an asset. Continuous improvement mindset; challenges the status quo and seeks self‑improvement. Strong written and oral communication skills, including experience presenting in a business context. Prior experience within a consulting or advisory role (or capable to work in consulting/audit environments and project‑based work) – considered an asset. Fluency in French (required for a Quebec based opportunity; outside of Quebec, a French asset).
Risk Modelling Services, Actuarial, P&C Manager 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.