Risk Modelling Services, Actuarial P&C Senior Associate (Bilingual FR/EN)

PwC Canada; Quebec; Hybrid; CAD 85,000 - 135,000; Full time

Job summary

PwC Canada is seeking a Risk Modelling Services, Actuarial P&C Senior Associate to join a team of problem solvers focused on strategy to execution for insurance clients in Canada.

You'll work with senior actuaries on appointed actuary services, IFRS 17, liability valuation, pricing and climate/cyber modelling, while supporting audit-related actuarial work and client relationships in a collaborative, hybrid environment.

Qualifications

• Progressive experience in the P&C insurance industry including policy liability valuation, financial condition testing, IFRS 17, pricing, or predictive modeling.
• Actively pursuing Canadian Institute of Actuaries qualification of FCIA
• 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, or Python
• 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
• A demonstrated commitment to valuing differences and working alongside and/or coaching diverse people and perspectives
• PwC Canada is committed to cultivating an inclusive, hybrid work environment. Exact expectations for your team can be discussed with your interviewer
• 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

Responsibilities

• Support actuarial services including liability valuation and financial condition testing.
• Assist with appointed actuary services, product development, and IFRS 17 work.
• Contribute to re-performing actuarial liabilities valuations and reviewing methodologies.
• Analyze client data to ensure liabilities are fairly presented in financial statements.
• Support modelling needs for climate, cyber, and insurance pricing.
• Collaborate with other actuaries on cross-functional projects.
• Engage in client relationship building and present findings to non-actuarial teams.
• Help upskill junior staff.

Skills

P&C insurance

policy liability valuation

financial condition testing

IFRS 17

pricing

predictive modeling

R

Python

Tableau

Alteryx

VBA

Education

FCIA candidate

Tools

Arius

R

Python

Tableau

Alteryx

VBA

Job description

As a Risk Modelling Services, Actuarial P&C Senior Associate, you'll work as part of a team of problem solvers, helping to find solutions to complex business issues from strategy to execution.

Meaningful work you'll be a part of

• Supporting teams in 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, advisory services, and insurance accounting standards (IFRS 17)
• Support the team in our audit support services including re-performing the actuarial liabilities valuation, and reviewing valuation methodologies and assumptions
• Analyzing client information in order to conclude whether the actuarial liabilities are fairly presented in the financial statements
• Supporting clients with their modelling needs for climate, cyber, and insurance pricing
• Collaborate with other actuaries on a variety of projects, including cross-functional projects with other departments within PwC
• Support relationship building with our clients
• Share findings and recommendations to non actuarial teams in a clear and non-technical manner
• Support and help upskill junior staff

Experiences And Skills You’ll Use To Solve

• Progressive experience in the P&C insurance industry including policy liability valuation, financial condition testing, IFRS 17, pricing, or predictive modeling
• Actively pursuing Canadian Institute of Actuaries qualification of FCIA
• 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, or Python
• 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
• A demonstrated commitment to valuing differences and working alongside and/or coaching diverse people and perspectives
• PwC Canada is committed to cultivating an inclusive, hybrid work environment. Exact expectations for your team can be discussed with your interviewer
• 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.

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.

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).