Risk Modelling Services, Actuarial P&C Senior Associate

PwC•Toronto, ON

10d

About The Position

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 a wide range of projects including appointed actuary and audit support, reserving, pricing, financial condition testing, solvency and capital management, and economic capital. You will also have the opportunity to be involved with risk modeling for insurance pricing and emerging risks like climate and cyber, in addition to developing tools and models that leverage machine learning and advanced finance analytics. 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. As a Risk Modelling Services, Actuarial P&C Senior Associate, you'll work as part of a team of problem solvers, helping to find solutions to complex business issues from strategy to execution.

Requirements

Progressive experience in the P&C insurance industry including policy liability valuation, financial condition testing, IFRS 17, pricing, or predictive modeling
Actively pursuing Canadian Institute of Actuaries qualification of FCIA
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 Python
Strong written and oral communication skills, including experience presenting in a business context
A demonstrated commitment to valuing differences and working alongside and/or coaching diverse people and perspectives

Nice To Haves

Proven ability working with data analytic tools (Tableau, Alteryx, VBA) considered an asset
Continuous improvement mind-set, challenges the status quo and seeks self-improvement
Prior experience within a consulting or advisory role (or capable to work in a consulting/audit environments and project-based work) considered an asset

Responsibilities

Supporting 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, advisory services, and insurance accounting standards (IFRS 17)
Support the team in our audit support services including re-performing the actuarial liabilities valuation, and reviewing valuation methodologies and assumptions
Analyzing client information in order to conclude whether the actuarial liabilities are fairly presented in the financial statements
Supporting clients with their modelling needs for climate, cyber, and insurance pricing
Collaborate with other actuaries on a variety of projects, including cross-functional projects with other departments within PwC
Share findings and recommendations to non actuarial teams in a clear and non-technical manner
Support and help upskill junior staff