Risk Modelling Services, Actuarial P&C Senior Associate

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 appointed actuary and audit support, reserving, pricing, financial condition testing, solvency and capital management, and economic capital, You will also have the opportunity to be involved with risk modeling for insurance pricing and emerging risks like climate and cyber, in addition to developing 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 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. Responsibilities include but are not limited to:

• 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

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. Learn more about our Application Process and To