Senior Manager - Actuarial P & C

EY; Toronto; On-site; CAD 100,000 - 130,000; Full time

Benefits offered by this job

Discretionary bonus program

Comprehensive medical and dental coverage

Learning opportunities to develop new skills

Job summary

EY is seeking a Senior Manager within our P&C Actuarial Team in Toronto. The successful candidate will lead actuarial valuation initiatives and offer high-quality actuarial advice within the Canadian P&C insurance market.

This role requires a minimum of 10 years of actuarial experience and strong leadership capabilities. The candidate will manage a team of analysts and communicate complex actuarial concepts effectively.

Competitive compensation package includes discretionary bonus, comprehensive benefits, and support for professional development.

Qualifications

• Fellow or near-Fellow designation with a recognized actuarial organization.
• Minimum of 10 years of actuarial experience within the P&C insurance industry.
• Strong leadership experience managing and developing teams.

Responsibilities

• Lead the valuation of insurance contract liabilities.
• Conduct Price Adequacy Reviews and profitability analyses.
• Manage, mentor, and develop a team of approximately 10 actuarial analysts.

Skills

Fellow or near‑Fellow designation

10 years of actuarial experience

Leadership experience

Excellent communication skills

Strong analytical skills

Education

Actuarial designation (e.g., FCAS, FCIA)

Tools

Arius software

Job description

The opportunity

We are seeking an experienced and strategic actuarial professional to join our team as a Senior Manager within our P&C Actuarial Team. The successful candidate will deliver high‑quality actuarial advice and counsel within the Canadian P&C insurance market. This role leads actuarial valuation and pricing initiatives, provides technical guidance on insurance liabilities, supports regulatory and financial reporting requirements, and manages a high‑performing actuarial team. The candidate combines strong technical expertise with leadership capability and excellent communication skills.

Your key responsibilities

• Lead the valuation of insurance contract liabilities in accordance with applicable actuarial standards and regulatory requirements.
• Serve as, or support, the Appointed Actuary function, including preparation of regulatory opinions, reports, and presentations to senior leadership and regulators.
• Conduct Price Adequacy Reviews and profitability analyses across multiple lines of business and support regulatory rate submissions as applicable.
• Apply predictive analytics and other actuarial techniques to perform differential pricing analysis and identify rating opportunities.
• Lead delivery of capital modelling and Financial Condition Testing engagements, providing technical direction on stochastic modelling, scenario development, and model validation, and clearly communicating results to support executive decision‑making and regulatory compliance.
• Provide strategic actuarial insights to underwriting, finance, and executive leadership teams.
• Manage, mentor, and develop a team of approximately 10 actuarial analysts and junior staff members, fostering technical growth and collaboration.
• Review and validate actuarial models, assumptions, methodologies, and documentation.
• Support financial reporting, reserve analysis, and business planning initiatives.
• Communicate complex actuarial concepts clearly and effectively through written reports, presentations, and stakeholder discussions.
• Contribute to process improvement initiatives and actuarial best practices.

Skills and attributes for success

• Fellow or near‑Fellow designation with a recognized actuarial organization (e.g., FCAS, FCIA, or equivalent).
• Minimum of 10 years of actuarial experience within the P&C insurance industry.
• Demonstrated experience in the valuation of insurance contract liabilities.
• Experience acting in an Appointed Actuary capacity or supporting Appointed Actuary responsibilities.
• Proven experience conducting Price Adequacy Reviews and applying GLMs and/or other predictive modelling techniques for differential pricing analysis.
• Strong leadership experience managing and developing teams, including direct oversight of junior actuarial staff.
• Excellent written and verbal communication skills, with the ability to present technical information to both technical and non‑technical audiences.
• Strong analytical, problem‑solving, and organizational skills.
• Experience with Arius software is considered an asset.

Ideally, you’ll also

• Strategic thinker with strong business acumen.
• Collaborative leadership style with the ability to influence across departments.
• Ability to manage multiple priorities and deliver high‑quality work within tight deadlines.
• Strong attention to detail and commitment to professional excellence.
• Bilingualism/proficiency in French is considered an asset.

What we offer you

We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package allows you to decide which benefits are right for you and which ones help you create a solid foundation for your future. It includes a discretionary bonus program, a comprehensive medical, prescription drug and dental coverage plan, a defined contribution pension plan, a great vacation policy plus firm‑paid days that allow you to enjoy longer weekends, statutory holidays and paid personal days (based on province of residence), and a range of exciting programs and benefits designed to support your physical, financial and social well‑being. Benefits include:

• Support and coaching from some of the most engaging colleagues in the industry
• Learning opportunities to develop new skills and progress your career
• The freedom and flexibility to handle your role in a way that’s right for you

EY reports salary ranges in accordance with applicable provincial pay transparency legislation. Individual salaries within the anticipated salary ranges noted below are determined through a wide variety of factors including but not limited to internal equity, education, relevant experience, knowledge, and applicable skill sets.