Risk Modelling Services, Actuarial, P&C 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 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.

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

• 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 audit team in re‑performing the actuarial liabilities, examine and review valuation methodologies and assumptions
• Analyzing client information in order to conclude whether the actuarial liabilities are fairly presented in the financial statements
• Collaborate with actuaries and other actuarial associates on a variety of projects, including cross‑functional projects with other departments within PwC
• Communicate findings and recommendations to non‑actuarial teams in a clear and non‑technical manner

• Sufficient knowledge of the P&C insurance industry including policy liability valuation, financial condition testing, IFRS 17, pricing, or predictive modeling
• Actively pursuing the 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
• Strong 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 mindset, challenges the status quo and seeks self‑improvement
• Strong written and oral communication skills, including experience presenting in a business context
• Exposure within a consulting or advisory role (or capable to work in a consulting/audit environment and project‑based work) considered an asset
• A demonstrated commitment to valuing differences and working alongside and/or coaching diverse people and perspectives

This newly created role reflects our commitment to growth and delivering distinctive value for our clients and stakeholders.

The salary range for this position is $58,400 - $97,500. 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.

We’re inspiring and empowering our people to…