Senior Consultant - Risk Consulting - Actuarial

Location: Toronto

Other locations: Primary Location Only

Date: Oct 17, 2026

Requisition ID: 1745886

At EY, we’re all in to shape your future with confidence.

We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go.

Join EY and help to build a better working world.

The opportunity

EY’s Risk Consulting Actuarial practice helps insurers and financial services organizations address actuarial, financial and business challenges across life and health and property and casualty insurance.
As a Senior Consultant, you will support actuarial engagements by analyzing data, assisting with models and calculations, and preparing client-ready deliverables while building your technical and consulting skills.

This job posting relates to an existing vacancy within our organization.

Your Key Responsibilities

• Support engagements in valuation, financial reporting, pricing, reserving, capital, risk management, model development and validation, actuarial audit, and due diligence.
• Perform actuarial analyses and support the development, validation, documentation, and review of actuarial models and assumptions, delivering high-quality results with accuracy and professional judgement
• Prepare clear analyses, working papers, reports and presentations for senior team members and clients.
• Research insurance market developments, actuarial standards, regulatory requirements, and emerging technologies.
• Collaborate across actuarial, finance, risk, data and technology teams while managing assigned tasks and deadlines.
• Use AI and other tools responsibly to enhance analysis and delivery, validating outputs and protecting confidential data.
• Contribute to knowledge sharing, business development and proposal activities.

Skills and attributes for success

• Strong quantitative, analytical and problem-solving skills, with attention to detail.
• Foundational actuarial knowledge and an interest in insurance and financial services.
• Clear written and verbal communication, collaboration and client-service skills.
• Ability to manage multiple tasks, learn quickly and deliver high-quality work.
• Proficiency in Microsoft Excel, PowerPoint and Word.

To qualify for the role you must have

• A completed bachelor’s degree in actuarial science, mathematics, statistics, economics, finance or another quantitative field.
• Progress toward a recognized actuarial designation through the Society of Actuaries, Canadian Institute of Actuaries or an equivalent body.
• 2+ years of relevant professional experience in actuarial work, insurance, risk, financial services, consulting or quantitative analysis.
• Strong written and verbal communication skills in English.

Ideally, you’ll also have

• Experience with life and health insurance products and data.
• Exposure to valuation, pricing, reserving, modelling, financial reporting, capital or risk management.
• Experience with Excel VBA, SQL, Python, R or actuarial modelling software.
• Knowledge of Canadian insurance, actuarial, financial reporting or regulatory requirements.

What we look for

We’re looking for curious, team-oriented professionals who enjoy solving complex problems and translating quantitative analysis into clear business insights. You’ll need to be ready to listen, learn, adapt and contribute in a collaborative environment. If you are committed to developing your actuarial capabilities and helping clients address important insurance and risk challenges, this role is for you.

What we offer

When you thrive, we thrive. The EY benefits package goes above and beyond, focusing on your physical, emotional, financial and social well-being:

• $5,000 per year for mental health support benefits
• Wellbeing benefit of $1,200/year

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.

Inclusiveness at EY

Inclusiveness is at the heart of who we are and how we work. We’re committed to fostering an environment where differences are valued, policies and practices are equitable, and our people feel a sense of belonging. We embrace diversity and are committed to combating systemic racism, advancing gender equity and women in leadership, advocating for the 2SLGBTQIA+ community, promoting our neuroinclusion and accessibility initiatives, and are dedicated to amplifying the voices of Indigenous peoples (First Nations, Inuit, and Métis) nationally as we strive towards reconciliation. Our diverse experiences, abilities, backgrounds, and perspectives make our people unique and help guide us. Because when people feel free to be their authentic selves at work, they bring their best and are empowered to build a better working world.

EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.

Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.

EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.

At EY, we use artificial intelligence (AI) tools as one element of our recruitment process to enhance efficiency and improve the candidate experience. While AI supports us in our process, human judgment and decision-making remain integral in our candidate experience. We are committed to the responsible use of AI, and our practices are continuously reviewed and refined to ensure they align with the highest ethical principles and regulatory requirements.

To all recruitment agencies: EY does not accept unsolicited resumes from recruitment agencies. Any resumes submitted without a prior agreement or request from our hiring team will not be considered. EY is not responsible for any fees related to unsolicited resumes.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.