Line of ServiceAssurance
Industry/SectorNot Applicable
SpecialismActuarial Services
Management LevelSenior Manager
Job Description & SummaryA 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 on a wide range of projects and apply your experience in the insurance industry to a multitude of actuarial solutions. A career in our Property & Casualty Actuarial Services practice, within Risk Modeling 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.
The Opportunity: As a Risk Modelling Services, Actuarial, P&C Senior Manager, 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:
- Lead a broad range of actuarial consulting services including pricing, predictive modeling, and captive feasibility and optimization analysis
- Guide appointed actuary services including actuarial liability valuation and financial condition testing, product development, mergers & acquisition, advisory services, and insurance accounting standards (IFRS 17)
- Direct client focused and solutions-oriented teams
- Support the accounting teams to identify and review financial risk issues related to the actuarial aspects of the audit
- Managing delivery of the actuarial reviews and analyzing client information in order to conclude whether the actuarial liabilities are fairly presented in the financial statements
- Work on cross-functional projects with other departments within PwC
- Build relationships outside of actuarial services with internal and external stakeholders
- Participate in business development activities such as working on proposals and building quote estimates, maintain relationships with PwC clients, participation in industry committees and presentations
- Coach junior actuaries in their technical and professional career development
- Resource allocation
What You'll Bring Your skills, knowledge, and experiences are what set you apart. Here's what we look for:
- Extensive experience in actuarial services (Valuation/Reserving, Financial Reporting, Capital Analysis, Financial Condition Testing and/or Pricing)
- Qualified Actuary (Fellow of the Casualty Actuarial Society and/or Fellow of the Canadian Institute of Actuaries)
- Hands on pricing or predictive modeling experience considered an asset
- Experience in policy liability valuation, financial condition testing or IFRS 17 considered an asset
- Advanced analytical, problem solving and multitasking/project management skills
- Commitment to providing excellent client service, by building and maintaining productive relationships with both internal and external clients
- Keen on creating a strategic direction/vision for the group and manifest that in objectives and initiatives
- Continuous improvement mind-set, challenges the status quo and seeks self-improvement
- Strong written and oral communication skills, including experience presenting in a business context
- Proficiency in reserving or statistical applications such as Arius, R, or Python
- 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, developing and coaching diverse teams, and ensuring diverse perspectives are heard
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 $168,000 - $218,000. 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, Coaching and Feedback, Communication, Complex Data Analysis, Creativity, Embracing Change, Emotional Regulation, Empathy, Financial Data Mining, Financial Modeling, Financial Risk Analysis, Financial Risk Management, Inclusion, Influence, Intellectual Curiosity, Learning Agility, Optimism, Presenting Financial Reports, Professional Courage, Rapid Experimentation, Relationship Building {+ 11 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