Risk Modelling Services, Actuarial, P&C Manager

PricewaterhouseCoopers International; Toronto; Hybrid; CAD 90,000 - 130,000; Full time

Job summary

A global consulting firm in Toronto is seeking a Property & Casualty Actuary. As an Actuarial P&C Manager, you'll manage actuarial consulting services, support business development, and work with experienced actuaries on various projects including pricing and risk modeling. Ideal candidates will have significant P&C actuary experience, proficiency in Python, and strong analytical skills. This position offers a competitive compensation package and the opportunity to thrive in a hybrid work environment.

Benefits

Competitive compensation package

Hybrid work environment

Diverse learning opportunities

Qualifications

• Significant experience with climate risk modeling.
• Hands-on experience with IFRS 17 and predictive modeling.
• Strong written and oral communication skills.

Responsibilities

• Manage actuarial consulting services.
• Work on actuarial liability valuation.
• Support business development and client engagement.

Skills

P&C actuary experience

Client service excellence

Analytical skills

Python proficiency

Statistical applications

Education

Fellow or Associate of the Casualty Actuarial Society

Canadian Institute of Actuaries accreditation

Tools

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 of

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 actuarial 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 in 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

PwC Canada is committed to cultivating an inclusive, hybrid work environment. Exact expectations for your team can be discussed with your interviewer.

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.

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