Actuarial Senior Consultant, Life & Health

Deloitte

$72K — $116K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Actuarial Science, Statistics, Mathematics, or Data Science; Master's degree preferred.
  • Familiarity with life & health actuarial modeling software (Moody's AXIS, Aon Pathwise, FIS Prophet).
  • Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Access).
  • 1-4 years of relevant experience in insurance or actuarial consulting environment, including internships.
  • Knowledge of valuation and reporting standards (IFRS17, LICAT, US Statutory) is a plus.
  • Strong teamwork and communication skills with an inquisitive, proactive mindset.

Responsibilities

  • Deliver consulting projects across various actuarial domains.
  • Innovate market offerings and contribute fresh ideas to initiatives.
  • Engage with high-profile clients on diverse actuarial projects.
  • Maintain industry knowledge, particularly in Insurtech and AI technologies.
  • Support personal learning, development, and talent acquisition efforts.
  • Enhance communication and relationship-building capabilities.

Benefits

  • $4,000 annually for mental health support benefits.
  • $1,300 flexible benefits spending account.
  • Firm-wide closures known as 'Deloitte Days'.
  • Dedicated Development and Innovation Days for learning opportunities.
  • Flexible work arrangements with a hybrid model.
Full Job Description
6/29/26

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Job Type: Permanent Work Model: Hybrid Reference code: 133666 Primary Location: Kitchener, ON All Available Locations: Kitchener, ON; Burlington, ON; Toronto, ON

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What will your typical day look like?

As a Senior Consultant in Actuarial and Insurance Solutions practice, you will collaborate with a team of like-minded professionals and contribute to market initiatives.
You will:
• Deliver work on a wide range of consulting projects within actuarial projects, in areas such as Appointed Actuary services, actuarial model development (AXIS, Pathwise, Python), model risk management, climate risk modelling, and audit support.
• Contribute to market offerings by bringing fresh, innovative approaches to existing and new initiatives
• Work with high profile clients in a variety of projects spanning actuarial technology transformation, product and underwriting strategy, mergers and acquisitions (M&A), advanced data analytics, financial /regulatory reporting and financial/capital forecasting and planning.
• Stay current with technical and industry developments including Insurtech, Artificial Intelligence / Machine Learning, Generative AI and Advanced Analytics.
• Demonstrate a strong commitment to personal learning and development; act as a brand ambassador to help attract top-talent
• Actively focus on developing effective communication and relationship-building skills

About the team

Work in a fast growing, dynamic and rewarding environment alongside practitioners who are leaders in their fields. expertise. Continue to pursue your actuarial fellowship and professional development while engaging in meaningful and diverse assignments. Work with high profile clients across the North American Life Insurance sector and the broader insurance industry.

Our Canadian Actuarial team of 70+ professionals (across Life, Property & Casualty, and Pensions) . We are part of Deloitte's worldwide actuarial network, which includes over 1000 actuarial professionals in 43 countries. We pride ourselves on the variety of work we offer to our people and our innovative and collaborative culture.

Enough about us, let's talk about you

You are someone with:
• A Bachelor's degree from a leading University in the fields Actuarial Science, or Statistics, Mathematics or Data Science with Actuarial exams in progress. Master's degree holders are also welcomed.
• Proficient knowledge of Word, Excel, PowerPoint, Access
• Proficient / mastery of life & health actuarial modelling software such as Moody's AXIS, Aon Pathwise, and FIS Prophet
• Technology skills such as Python, Databricks, Alteryx, Tableau, Visual Basic, R, would be an asset.
• 1 to 4 years of relevant working experience in a dynamic industry environment / department within an insurance company, reinsurer or actuarial consulting firm. This includes relevant internships and co-op work terms.
• Understanding and experience working with valuation and reporting standards such as IFRS17, LICAT, US Statutory would be considered a strong asset
• Ability to work within a team structure and deliver high-quality work under time constraints
• An inquisitive, positive mindset topped with a relentless drive to move things ahead
• Proficient in English. French verbal and written communication skills would be considered an asset.

Total Rewards

The salary range for this position is $72,000 - $116,000, and individuals may be eligible to participate in our bonus program. Deloitte is fair and competitive when it comes to the salaries of our people. We regularly benchmark across a variety of positions, industries, sectors, targets, and levels. Our approach is grounded on recognizing people's unique strengths and contributions and rewarding the value that they deliver.

Our Total Rewards Package extends well beyond traditional compensation and benefit programs and is designed to recognize employee contributions, encourage personal wellness, and support firm growth. Along with a competitive base salary and variable pay opportunities, we offer a wide array of initiatives that differentiate us as a people-first organization. On top of our regular paid vacation days, some examples include: $4,000 per year for mental health support benefits, a $1,300 flexible benefit spending account, firm-wide closures known as "Deloitte Days", dedicated days of for learning (known as Development and Innovation Days), flexible work arrangements and a hybrid work structure.

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