Risk Modelling Services, Actuarial, P&C Senior Manager

PwC; Toronto; On-site; CAD 168,000 - 218,000; Full time

Job summary

PwC Canada is seeking a Senior Manager in Risk Modelling Services (RMS) to lead actuarial projects for Property & Casualty clients. You will guide pricing, predictive modeling, and feasibility studies while overseeing actuarial liability valuation, financial condition testing and IFRS 17 work.

You will direct client teams and support audit and advisory engagements across PwC Canada. You will build cross-functional relationships, drive business development, and coach junior actuaries to

Qualifications

• Experience in actuarial services across valuation, reserving, financial reporting and capital analysis.
• Pricing or predictive modeling experience is an asset.
• Experience with policy liability valuation or IFRS 17 is an asset.
• Strong analytical, problem solving and multitasking/project management skills.
• Excellent written and oral communication; able to present in a business context.

Responsibilities

• Lead actuarial consulting services including pricing, predictive modeling and feasibility analyses.
• Oversee appointed actuary services and IFRS 17 work, M&A and advisory efforts.
• Direct client-focused teams and advise on financial reporting impacts.
• Support audit teams on actuarial risk issues and liability valuation.
• Manage actuarial reviews to ensure fair presentation in financial statements.
• Collaborate on cross-functional PwC projects and stakeholder relations.
• Engage in business development, proposals, and client relationship building.
• Coach junior actuaries on technical and professional development.
• Allocate resources to projects and manage delivery.

Skills

Actuarial services

Pricing

Predictive modeling

IFRS 17

Communication

Coaching

Leadership

Education

Fellow of the Casualty Actuarial Society

Fellow of the Canadian Institute of Actuaries

Tools

Arius

R

Python

Job description

Line of Service

Assurance

Industry/Sector

Not Applicable

Specialism

Actuarial Services

Management Level

Senior Manager

Job Description & Summary

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 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:

AsaRisk Modelling Services, Actuarial, P&C Senior Manager,unlock your potential and embrace the chance to drive meaningful outcomesthat’llelevate your career. Your role will include, butisn’tlimited 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

WhatYou’ll Bring

Your skills, knowledge, and experiences are what set you apart.Here’swhat 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.

Why you’ll love 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

Education

(if blank, degree and/or field of study not specified)

Certifications

(if blank, certifications not specified)

Required Skills

Optional Skills

Accepting 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 Requirements

Not Specified

Available for Work Visa Sponsorship?

No

Government Clearance Required?

No

Job Posting End Date

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.

Nous tenons à répondre à vos besoins tout au long du processus de demande d’emploi, d’entrevue et d’embauche. Si vous avez besoin de mesures d’adaptation pour être parfaitement à l’aise, faites-le-nous savoir à l’étape de la demande d’emploi.

L’utilisation de l’intelligence artificielle (IA) dans le domaine du recrutement en est à ses balbutiements. Nous savons que vous pourriez vous demander comment et pourquoi nous y avons recours. À certains stades de notre processus de recrutement, nous comptons sur l’IA pour améliorer votre expérience. Par exemple, pendant l’examen du curriculum vitæ ou l’élaboration d’une liste de recommandations personnalisées, un agent conversationnel pourrait vous demander des précisions ou fixer avec vous un rendez-vous pour l’entrevue. L’IA nous aide à mieux lutter contre les préjugés, car l’évaluation des candidats se fait de façon juste et équitable, sans que les informations d’identification comme le nom ou le sexe soient connues. Elle nous permet également de mieux repérer les bons candidats pour un poste et d’évaluer le lien entre leurs compétences, leur expérience et leurs chances de réussir chez PwC Canada. Bien que l’IA facilite certaines étapes de notre processus de recrutement, les décisions finales d’embauche sont toujours prises par des personnes. Pour en savoir plus sur l’utilisation et la protection des données personnelles, consultez notre politique sur la protection des renseignements confidentiels https://www.pwc.com/ca/fr/privacy-policy.html.