Line of ServiceAssurance
Industry/SectorInsurance
SpecialismActuarial Services
Management LevelSenior Associate
Job Description & SummaryA 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.
The Opportunity: As a Risk Modelling Services, Actuarial, Life Senior Associate, unlock your potential and embrace the chance to drive meaningful outcomes that'll elevate your career. 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 appeitite 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 successful candidate requires fluency in English, in addition to French as they will be required to support or collaborate with English-speaking clients, colleagues and/or stakeholders during the course of their employment with PwC Canada.
This position ensures continuity and upholds our standards of excellence following the departure of a valued team member.
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. During the hiring process, our Talent Acquisition team will provide details about our comprehensive total rewards package.
Education (if blank, degree and/or field of study not specified)
Degrees/Field of Study required:
Degrees/Field of Study preferred:
Certifications (if blank, certifications not specified)
Required SkillsOptional SkillsAccepting Feedback, Accepting Feedback, Active Listening, Actuarial Science, Analytical Thinking, Communication, Complex Data Analysis, Creativity, Embracing Change, Emotional Regulation, Empathy, Financial Data Mining, Financial Modeling, Financial Risk Analysis, Financial Risk Management, Inclusion, Intellectual Curiosity, Learning Agility, Optimism, Presenting Financial Reports, Risk Analysis, Risk Model Implementation, Self-Awareness, Statistical Analysis Software, Statistical Consulting {+ 3 more}
Desired Languages (If blank, desired languages not specified)
Travel RequirementsNot Specified
Available for Work Visa Sponsorship?No
Government Clearance Required?No
Job Posting End Date