Job Description

A career in our Actuarial Life Services practice, within Actuarial Services, will provide you with the opportunity to contribute general insurance advice and consulting services to clients such as insurers, banks, regulators, and third party administrators. You’ll provide advice covering solvency, economic capital, risk management, mergers and acquisitions, company restructuring and risk control, financial modelling, underwriting, new legislation, and the efficiency of claims or reporting processes. Simply put, you might help analyse the impact that new regulation will have on an insurance company’s balance sheet or you could be revising businesses’ projections and making sure they have adequate reserves. 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. Life Actuarial 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 and other actuarial associates on a wide range of projects to gain invaluable working experience in the insurance industry and exposure to a multitude of actuarial concepts. A career in our Life Actuarial Services practice, within Actuarial Services, will provide you with the opportunities to contribute insurance advice and consulting services to our clients and also 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. Important point to consider

• Putting the safety of our people and clients first as we look to a hybrid future: The health, well-being and safety of our colleagues, clients, and communities is our number one priority. Vaccinations have proven to reduce the risk of COVID-19. Effective Friday, October 1, 2021, PwC Canada requires all partners, staff, contractors and visitors to be fully-vaccinated when entering a PwC location, subject to applicable legal exemptions. At PwC, the future ways of work will be a hybrid of in-person and virtual, allowing choice and flexibility to explore new ways of working and collaborating. Read this press release for further details.
• This role has the option of being based out of our Toronto or Montreal office.

What you’ll create and do As an Associate, you’ll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. Responsibilities include but are not limited to:

• Supporting a broad range of consulting services and audit support assignments. Consulting services involve working closely with senior actuaries on Appointed Actuary and actuarial liability valuation work, capital review and analysis, advisory services on IFRS 17, M&A related consulting, product development, and a variety of other consulting work. External audit engagements include analysis and review of valuation methodologies and assumptions, valuation processes and data, experience studies, FCT reports and regulatory capital reporting.
• Working on IFRS 17 implementations, insurance systems modernization, model governance and AXIS modelling
• Collaborating, planning and executing cross-functional projects with people outside of your core discipline including Advisory, Deals, Assurance, Tax and Data & Analytics
• Working towards leading your own engagements and teams
• Coaching and providing technical training to junior staff to deliver results

What you’ll bring to this role

• An interest in upskilling for a digital world and technology trends, an openness to learning new tools and adapting how you work
• A demonstrated commitment to valuing differences and working alongside diverse people and perspectives
• Experience in an actuarial role in the life insurance industry
• Working knowledge of IFRS 17, investment, hedging, stochastic modelling, segregated funds, participating products or product development considered an asset
• Prior experience within a consulting or advisory role is an asset
• Demonstrated strong technical skills using Moody’s AXIS and MS Office suite
• Proven ability working with data analytic tools (Tableau, Alteryx, VBA) considered an asset
• Exceptional commitment to providing excellent client service, by building and maintaining productive relationships with both internal and external clients
• Advanced analytical and problem solving skills with strong attention to detail
• Ability to manage multiple, concurrent priorities and work effectively under tight timelines
• Strong written and oral communication skills with the ability to explain complex actuarial concepts to both technical and non-technical audiences
• Bilingual proficiency in English and French considered an asset

Why you’ll love working for PwC At PwC, we support you through a range of financial and non-financial rewards and benefits. Discover a life that works for you with our diverse, inclusive and flexible culture. To learn how you can grow and shine in your career at PwC, please visit: https://www.pwc.com/ca/whypwc See how you can create your future at PwC www.pwc.com/ca/en/careers/create-your-future.html Applying at PwC At PwC, we embrace new technology where you will learn to innovate and deliver differently. For Administrative, Specialist, Associate, Senior Associate, and Manager roles you may have the opportunity to participate in an on-demand video interview. To learn more about our innovative cloud-based online application interview process click here: https://www.pwc.com/ca/applytopwc We take your privacy seriously. To protect your personal information, please submit your application directly through PwC Canada Careers: https://www.pwc.com/ca/en/careers.html At PwC Canada, our most valuable asset is our people and we grow stronger as we learn from one another. We’re committed to creating an equitable and inclusive community of solvers where everyone feels that they truly belong. We understand that experience comes in many forms and building trust in society and solving important problems is only possible if we reflect the mosaic of the society we live in.
We’re committed to providing accommodations throughout the application, interview, and employment process. If you require an accommodation to be at your best, please let us know during the application process.