Job Description & Summary
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.
Purpose-led work you’ll be part of
As a Life Actuarial Senior 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
Experiences and skills you’ll use to solve
Considerable experience in an actuarial role in the life insurance industry
Actively pursuing the FCIA designation, or recent FCIA
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
A demonstrated commitment to valuing differences and working alongside diverse people and perspectives
Putting the safety of our people and clients first as we look to a hybrid future
At this time, PwC does not require, but strongly encourages, full vaccination in order to access its offices. Some of our clients may require vaccination and other restrictions to be in place to access their premises.
You may, therefore, be required to be vaccinated and comply with all other restrictions where applicable. 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, based on client, team and individual needs.
Education (if blank, degree and / or field of study not specified)
Degrees / Field of Study required :
Degrees / Field of Study preferred :
Certifications (if blank, certifications not specified)
Desired Languages (If blank, desired languages not specified)
Available for Work Visa Sponsorship?
Government Clearance Required?
Job Posting End Date
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.
To learn more about inclusion and diversity at PwC Canada : Be a part of The New Equation.
Chez PwC Canada, notre atout le plus précieux, c’est notre personnel. Et c’est en apprenant les uns des autres que nous devenons plus forts.
Nous avons à cœur de créer une communauté équitable et inclusive de professionnels de la résolution de problèmes, dans laquelle chacun se sent vraiment à sa place.
Nous savons que l’expérience peut prendre diverses formes et, pour nous, donner confiance au public et résoudre des problèmes importants n’est possible que si notre milieu de travail reflète la diversité de la société dans laquelle nous vivons.
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.
Pour en savoir plus sur l’inclusion et la diversité chez PwC Canada : Faites partie de La Nouvelle équation.