Risk Modelling Services, Actuarial, P&C Manager

PwC Canada; Montreal; On-site; CAD 112,000 - 162,000; Full time

Job summary

PwC Canada’s Risk Modelling Services (RMS) team seeks a Property & Casualty Actuary Manager to deliver risk modeling and consulting across insurers, reinsurers and government bodies. You’ll work with experienced actuaries on reserving, pricing, solvency, IFRS 17, and capital management, and contribute to climate and cyber risk tools using machine learning and advanced analytics.

This role emphasizes client service, cross-functional collaboration, and business development, with a clear career

Qualifications

• Significant experience as a P&C actuary with climate risk modeling.
• Fellow or Associate of the Casualty Actuarial Society and Canadian Institute of Actuaries.
• Hands-on policy liability valuation, financial condition testing, IFRS 17, pricing, or predictive modeling experience.
• Exceptional commitment to providing excellent client service by building and maintaining productive relationships with clients.
• Advanced analytical, problem solving and multitasking/project management skills.
• Proficiency in reserving or statistical applications such as Arius, R, Python and @Risk.
• Experience with data analytics tools (Tableau, Alteryx, VBA) is an asset.

Responsibilities

• Manage a broad range of actuarial consulting services and transformation initiatives.
• Work closely with Senior Actuaries on appointed actuary services including actuarial liability valuation and financial condition testing, IFRS 17.
• Support the accounting teams to identify and review financial risk issues related to the actuarial aspects of the audit.
• Managing actuarial reviews and analyzing client information to conclude whether the actuarial liabilities are fairly presented in the financial statements.
• Seeking business development opportunities and supporting engagement delivery.
• Collaborate with actuaries and other actuarial students on cross-functional projects with PwC.
• Present findings and recommendations to non actuarial teams in a clear, non-technical manner.
• Participate in business development activities such as service proposals and client communications.

Skills

P&C actuary

Climate risk modeling

Data analytics

Tableau

Alteryx

Python

R

@Risk

Arius

VBA

Education

Fellow or Associate of the Casualty Actuarial Society

Canadian Institute of Actuaries

Tools

Arius

R

Python

@Risk

Tableau

Alteryx

VBA

Job description

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 reserving, pricing, solvency and capital management, economic capital, financial condition testing, and the impact of new laws and regulations. You will also have the opportunity to provide oversight on risk modeling for emerging risks like climate and cyber, and help develop 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.
Meaningful work you’ll be part
As a Risk Modelling Services, Actuarial P&C Manager, you'll help solve complex business issues of a wide range, including financial,operational, and strategic. Responsibilities include but are not limited to:

• Manage 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, mergers & acquisition, advisory services, and insurance accounting standards (IFRS 17)
• Support the accounting teams to identify and review financial risk issues related to the actuarial aspects of the audit
• Managing actuarial reviews and analyzing client information in order to conclude whether the actuarial liabilities are fairly presented in the financial statements
• Seeking business development opportunities
• Support engagement delivery
• Work collaboratively with actuaries and other actuarial students on a variety of projects, including cross-functional projects with other departments within PwC
• Present findings and recommendations to non actuarial teams a clear and non-technical manner
• Participate in business development activities such as development of service proposals and quotes, industry presentations, marketing material, as well fostering good communication with PwC clients to support relationship building
• Coach actuaries in their technical and professional career development

Experiences And Skills You’ll Use To Solve

• Significant experience as a P&C actuary, including experience with climate risk modeling
• Fellow or Associate of the Casualty Actuarial Society and Canadian Institute of Actuaries
• Hands on policy liability valuation, financial condition testing, IFRS 17, pricing, or predictive modeling experience
• Exceptional 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,, Python and @Risk
• 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
• Strong written and oral communication skills, including experience presenting in a business context
• Prior experience within a consulting or advisory role (or capable to work in a consulting/audit environments and project-based work) considered an asset
• When applying to a Quebec based opportunity, fluency in French is required. Outside of Quebec, fluency in French is an asset
• PwC Canada is committed to cultivating an inclusive, hybrid work environment. Exact expectations for your team can be discussed with your interviewer

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 $112,400 - $162,400. 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.
Why you’ll love PwC
We’re inspiring and empowering our people to change the world. Powered by the latest technology, you’ll be a part of diverse teams helping public and private clients build trust and deliver sustained outcomes. This meaningful work, and our continuous development environment, will take your career to the next level. We reward your impact, and support your wellbeing, through a competitive compensation package, inclusive benefits and flexibility programs that will help you thrive in work and life. Learn more about our Application Process and Total Rewards Package at: https://jobs-ca.pwc.com/ca/en/life-at-pwc
PwC Canada acknowledges that we work and live across Turtle Island, on the land that is now known as Canada, which are the lands of the ancestral, treaty and unceded territories of the First Nations, Métis and Inuit Peoples. We recognize the systemic racism, colonialism and oppression that Indigenous Peoples have experienced and still go through, and we commit to allyship and solidarity
We’re committed to providing accommodation throughout the application, interview, and employment process. If you require accommodation to be at your best, please let us know during the application process.
The use of artificial intelligence (AI) in recruiting is just getting started, so we know you have questions about how and why we use it. At certain points during our recruiting process, we rely on AI to improve your experience. This could be during resume review or curating personalized job recommendations, asking you clarifying questions via a chatbot or during our interview scheduling to improve your experience. Our use of AI helps ensure we combat bias by evaluating candidates equally and fairly, without seeing identity information, such as your name, or gender for example). AI also helps us better predict successful hires by reviewing all applicants for a role and the relationship between your skills, experience and likely success at PwC Canada. While AI supports parts of our recruitment process, final hiring decisions always involve human review. For more information about our use and protection of your data, please refer to our Privacy Policy (https://www.pwc.com/ca/en/privacy-policy.html).