P&C Actuarial Manager – Canada

WTW; Toronto; Hybrid; CAD 150,000 - 200,000; Full time

Job summary

WTW is seeking a Canada P&C Actuarial Manager to lead project teams delivering reserve, capital and pricing analyses for insurance and reinsurance clients. You will manage timelines, budgets and quality while mentoring analysts and developing intellectual property.

You will meet billable hour goals, advance intellectual capital, and help position WTW as a leading reserving, capital and pricing advisor in Canada.

Qualifications

• FCIA or ACIA/ACAS with 7+ years in Canadian insurance, reinsurance, actuarial or consulting.
• Membership in the Canadian Institute of Actuaries or the Casualty Actuarial Society is required.
• Strong analytical skills with ability to draw conclusions from data in a logical, systematic way.
• Proven experience managing multiple complex projects and delivering quality on time and within budget.
• Excellent interpersonal and teamwork abilities.
• Self-driven and comfortable navigating ambiguity.

Responsibilities

• Deliver superior, consistent project management for assigned clients.
• Lead day-to-day project efforts ensuring progress against objectives, budget, timeline and quality.
• Draft statements of work, project plans and budgets across multiple streams and client teams.
• Develop trusted advisor relationships with client contacts through effective communication and execution.
• Manage client expectations and report to Client Relationship Managers.
• Collaborate with colleagues from other practices and regions on assignments reflecting broader business issues.
• Contribute to development of intellectual capital and new tools.
• Coordinate with teammates to deepen the team’s knowledge.
• Assist in developing new business opportunities and enhancing existing relationships.
• Directly contribute to clients’ success through applying technical expertise.
• Build relationships internally and collaborate on cross-functional teams.
• Foster a strong community of analysts through coaching and technical leadership.

Skills

Strong analytical skills

Project management

Interpersonal skills

Big picture thinking

Self-driven

Education

FCIA or ACIA/ACAS with 7+ years in Canadian insurance/actuarial

Membership in CIA or CAS or equivalent

Tools

ResQ

Igloo

Radar/Emblem

Unify

Job description

WTW is looking for a professional with extensive Canadian P&C insurance and reinsurance actuarial experience to join the Canadian P&C team of WTW’s Insurance Consulting and Technology (ICT) business. In this role, you will play a leading part in a globally recognized, industry-leading consulting team, providing high value-added consulting, reserving, capital, pricing and technology insights to clients, developing and applying state-of-the-art intellectual property, and contributing to the growth of our Canadian practice.

About ICT

ICT provides a powerful combination of advisory services for insurance companies, integrated with leading-edge technology solutions and software, all underpinned by unparalleled analytical capability. We are a globally recognized leader in P&C insurance and reinsurance reserving, capital, pricing and insurance transformation, delivering robust and innovative solutions to clients across the industry facing a complex and evolving landscape.

Our goal is to continue to position reserving, capital and pricing as drivers of value to Canadian P&C insurers through market insights, state-of-the-art analytics, process excellence, effective communication and technology-enabled delivery, and to further establish the WTW flagship technology solutions including ResQ, Igloo, Unify and Radar as key enablers of the modern reserving, capital modeling and pricing functions.

The Role

As a Canada P&C Actuarial Manager, you will lead project teams dedicated to developing and delivering reserve, capital and pricing analyses for insurance and reinsurance clients. As a project manager, you will bring order and process to the client teams with whom you work, and you will serve as a resource to analysts as you help build their technical and client-facing expertise.

You will be expected to meet billable hour goals, contribute to intellectual property and research development, and help position WTW as a leading reserving, capital and pricing advisor in Canada.

Your Main Responsibilities Will Be

• Deliver superior, consistent project management for assigned clients
• Serve as the day-to-day project lead, ensuring the progress of the team against established objectives, budget, timeline, deliverables and quality standards
• Draft statements of work, project plans and budgets involving multiple workflow streams and client teams
• Develop a trusted advisor relationship with client contacts through effective communication and efficient, quality execution of projects
• Manage client expectations and raise appropriate issues to Client Relationship Managers
• Interface with colleagues from other practices and regions on assignments that reflect the client’s broader business issues
• Contribute to the development of intellectual capital (new tools and approaches)
• Coordinate with colleagues within and outside of team to deepen team’s knowledge
• Assist in developing new business opportunities and enhancing existing relationships
• Directly contribute to clients’ success through applying your technical expertise
• Build relationships internally and collaborate effectively on cross-functional teams
• Foster a strong community of analysts through coaching, mentorship and technical leadership

Qualifications

• FCIA or ACIA/ACAS with 7+ years of relevant experience in a Canadian insurance, reinsurance, actuarial or consulting environment involving reserving, capital management/modelling, IFRS 17 and/or reserve transformation
• Membership in the Canadian Institute of Actuaries and/or the Casualty Actuarial Society or equivalent actuarial professional association is required
• Strong analytical skills, including the ability to draw conclusions and identify trends from data in a logical, systematic way
• Proven experience successfully managing multiple complex projects and producing quality deliverables on time and within budget
• Strong interpersonal and team skills
• Flexibility and proven ability to diagnose and resolve issuesThe ability to see the "big picture", leveraging the resources of related practices to address clients' business challenges
• Self-driven, comfortable navigating ambiguity

Preferred Skills And Experiences

• Experience in pricing, predictive analytics, stochastic reserving, capital modelling, claims analytics or actuarial transformation
• Experience with WTW software including ResQ, Igloo, Radar/Emblem and/or Unify
• Experience working in an actuarial consulting environment, including sales, business development and client relationship management
• Active involvement in relevant professional or industry associations
• Bilingual Capability – French and English is a plus

Location

This position is based in Canada and is open for hybrid/virtual work, subject to business needs.

Note

Visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

Compensation

The base salary compensation range being offered for this role is $150,000 to $200,000 CAD per year.

This role is also eligible for an annual short-term incentive bonus.

Artificial Intelligence (AI) tools may be used in the process to screen, assess, or select applicants for a position but all final decisions and determinations are made exclusively by authorized human personnel.

This job posting is an advertisement for an existing vacancy.