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Risk Modelling Services, Actuarial P&C Senior Associate

Toronto, ON
Full Time
6 days ago
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 and other actuarial associates on a wide range of projects to gain invaluable working experience in the insurance industry and exposure to a multitude of actuarial concepts. A career in our Property & Casualty Actuarial Services practice, within Actuarial 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 Associate, you'll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. Responsibilities include but are not limited to:
• Supporting actuarial product teams in a broad range of actuarial consulting services and transformation initiatives
• Work closely with our senior actuaries on our appointed actuary services including actuarial liability valuation and financial condition testing, product development, mergers & acquisition, advisory services, and insurance accounting standards (IFRS 17)
• Support the team in re-performing the actuarial liabilities, examine and review valuation methodologies and assumptions
• Analyzing client information in order to conclude whether the actuarial liabilities are fairly presented in the financial statements
• Collaborate with actuaries and other actuarial students on a variety of projects, including cross-functional projects with other departments within PwC
• Support relationship building with our clients
• Share findings and recommendations to non actuarial teams a clear and non-technical manner
• Support junior staff

Experiences and skills you'll use to solve
• Progressive experience in the P&C insurance industry including policy liability valuation, financial condition testing, IFRS 17, pricing, or predictive modeling
• Actively pursuing the Canadian Institute of Actuaries qualification of FCIA, or recent FCIA
• Exceptional commitment to providing excellent client service, by 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, or @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 a consulting/audit environments and project-based work) considered an asset
• A demonstrated commitment to valuing differences and working alongside diverse people and perspectives

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 amazing 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 us at .

Your Application to PwC
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The most connected firm through activity based working
PwC Canada is committed to cultivating an inclusive, hybrid work environment - one that is collaborative, supportive and productive. We work in-person and virtually, as is best suited for our clients, teams and people. We want you to be intentional with your work, how you do it and where it's done. PwC offices are hubs of connectivity and learning. We strongly encourage our people to prioritise in-person work, whether it's in the office or at a client site. This means we expect you to be in-person (either with clients or in the office) at least half of your time. We know that hybrid work is all about balance, and capturing the benefits of in-person work is essential to your growth at the firm. Exact expectations for your team can be discussed with your interviewer.
At PwC Canada, our most valuable asset is our people and we grow stronger as we learn from one another. We're committed to creating an equitable and inclusive community of solvers where everyone feels that they truly belong. We understand that experience comes in many forms and building trust in society and solving important problems is only possible if we reflect the mosaic of the society we live in.
We're committed to providing accommodations throughout the application, interview, and employment process. If you require an accommodation to be at your best, please let us know during the application process.