Senior Consultant, Actuarial Insurance Solutions (AIS) - Property & Casualty

Job Type:  Permanent  
Work Model:  Hybrid  
Reference code: 134747
Primary Location:  Toronto, ON
All Available Locations:  Toronto, ON

 

Our Purpose

 

At Deloitte, our Purpose is to make an impact that matters. We exist to inspire and help our people, organizations, communities, and countries to thrive by building a better future. Our work underpins a prosperous society where people can find meaning and opportunity. It builds consumer and business confidence, empowers organizations to find imaginative ways of deploying capital, enables fair, trusted, and functioning social and economic institutions, and allows our friends, families, and communities to enjoy the quality of life that comes with a sustainable future. And as the largest 100% Canadian-owned and operated professional services firm in our country, we are proud to work alongside our clients to make a positive impact for all Canadians.

By living our Purpose, we will make an impact that matters.

• Have many careers in one Firm.
• Enjoy flexible, proactive, and practical benefits that foster a culture of well-being and connectedness.
• Learn from deep subject matter experts through mentoring and on the job coaching

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What will your typical day look like?

As a Senior Consultant, you will be responsible for:

 

• Leading and delivering P&C work on a wide range of consulting projects within actuarial reserving, pricing, underwriting / claims and advanced analytics domains. Examples include:
  • Assisting in and managing the execution of actuarial reserving for P&C insurance clients, including data extraction, validation, and analysis review to assess the adequacy of reserves
  • Contributing to and managing appointed actuary assignments by preparing actuarial reports, supporting documentation, and exhibits in compliance with regulatory requirements and professional standards
  • Driving peer review and audit processes by analyzing actuarial assumptions, methodologies, and results, and providing detailed feedback to ensure accuracy and consistency
  • Developing and reviewing actuarial pricing models for P&C insurance products using statistical and actuarial techniques, as well as actuarial software and tools (e.g., Excel, R, Python)
  • Managing and executing pricing digital transformation and process automation projects
  • Analyzing large datasets to support pricing and reserving analyses and identify key trends impacting insurance portfolios
  • Overseeing the development, validation, and enhancement of pricing and reserving methodologies, and providing technical guidance to junior team members
• Supporting national leaders and partners with business development initiatives, including drafting new business proposals, participating in client pitches, and identifying opportunities for growth
• Staying abreast of technical P&C industry developments like MCT, FCT, ORSA, IFRS 17, etc. as well as delivering proposals and engagements in fields such as valuation services, Pricing and Reserving transformation, Advanced Analytics, and the usage of AI to enhance the way actuaries work
• Contributing to the development and refinement of Deloitte’s P&C market offerings by introducing innovative approaches, supporting thought leadership, and developing proofs-of-concept
• Preparing and delivering clear, concise, and impactful reports, presentations, and data visualizations for both internal and external stakeholders
• Supporting the coaching and developing of junior team members within a high-performing team

About the team

 

Our Canadian Actuarial practice is over 70 strong and has tripled in size over 5 years. We are part of Deloitte’s worldwide actuarial network, which includes over 1000 actuarial professionals working in 43 countries. AIS is part of Deloitte’s Audit & Assurance (A&A) practice and provides a wide range of consulting services within life, pension and property & casualty. We pride ourselves on the variety of work we offer to our people and our innovative and collaborative culture.

Enough about us, let’s talk about you

 

You are someone with:

 

• A Masters / Bachelor’s degree in the fields Statistics, Mathematics, Actuarial Science or Data Science
• Pursuing Associate / Fellow of the Casualty Actuarial Society (ACAS/FCAS) and / or the Canadian Institute of Actuaries (ACIA/FCIA) designations with relevant work experience a must.
• Post-actuarial credentials like an MBA, CERA or CFA are an asset
• From 3-7 years of relevant actuarial P&C working experience within actuarial reserving and /or pricing, capital modelling, analytics
• Demonstrated capabilities in teamwork, leadership, strong written and verbal communication skills
• Ability to build rapport within the practice and deliver high-quality work under time constraints
• Shows a keen interest in the insurance and P&C industry and exhibits passion in driving innovation in the actuarial field
• A strong entrepreneurial spirit who takes initiative in finding new work within the actuarial team
• Programming skills (Visual Basic, R, Python, etc.) and data visualization tools like Tableau
• Ability to autonomously manage time and competing priorities
• Comfortable and experienced presenting technical concepts to internal committees and executives.
• Ability to manage teams and/or engagements with concurrent priorities whilst keeping team members’ moral high
• A drive to go above and beyond to deliver excellence for our clients

Total Rewards

The salary range for this position is $72,000 - $116,000, and individuals may be eligible to participate in our bonus program. Deloitte is fair and competitive when it comes to the salaries of our people. We regularly benchmark across a variety of positions, industries, sectors, targets, and levels. Our approach is grounded on recognizing people's unique strengths and contributions and rewarding the value that they deliver.

Our Total Rewards Package extends well beyond traditional compensation and benefit programs and is designed to recognize employee contributions, encourage personal wellness, and support firm growth. Along with a competitive base salary and variable pay opportunities, we offer a wide array of initiatives that differentiate us as a people-first organization. On top of our regular paid vacation days, some examples include: $4,000 per year for mental health support benefits, a $1,300 flexible benefit spending account, firm-wide closures known as "Deloitte Days", dedicated days of for learning (known as Development and Innovation Days), flexible work arrangements and a hybrid work structure.

 

Our promise to our people: Deloitte is where potential comes to life.

 

Be yourself, and more.

We are a group of talented people who want to learn, gain experience, and develop skills. Wherever you are in your career, we want you to advance.

You shape how we make impact.

Diverse perspectives and life experiences make us better. Whoever you are and wherever you’re from, we want you to feel like you belong here. We provide flexible working options to support you and how you can contribute.

Be the leader you want to be

Some guide teams, some change culture, some build essential expertise. We offer opportunities and experiences that support your continuing growth as a leader.

Have as many careers as you want.

We are uniquely able to offer you new challenges and roles – and prepare you for them. We bring together people with unique experiences and talents, and we are the place to develop a lasting network of friends, peers, and mentors.

The next step is yours

 

At Deloitte, we are all about doing business inclusively – that starts with having diverse colleagues of all abilities. Deloitte encourages applications from all qualified candidates who represent the full diversity of communities across Canada. This includes, but is not limited to, people with disabilities, candidates from Indigenous communities, and candidates from the Black community in support of living our values, creating a culture of Diversity Equity and Inclusion and our commitment to our AccessAbility Action Plan ,  Reconciliation Action Plan and the  BlackNorth Initiative .

 

We encourage you to connect with us at  View email address on careers.deloitte.ca if you require an accommodation for the recruitment process (including alternate formats of materials, accessible meeting rooms or other accommodations) or  View email address on careers.deloitte.ca for any questions relating to careers for Indigenous peoples at Deloitte (First Nations, Inuit, Métis).

 

When you apply, we will review your application using Deloitte's Global Talent Standards to ensure a consistent recruitment experience. Our recruitment advisors and hiring teams will utilize human screening combined with AI technology to help identify the skills and qualities that matter most to our business, while safeguarding your privacy and using AI responsibly.

Deloitte Canada has 20 offices with representation across most of the country. We acknowledge that Deloitte offices stand on traditional, treaty, and unceded territories in what is now known as Canada. We recognize that Indigenous Peoples have been the caretakers of this land since time immemorial, nurturing its resources and preserving its natural beauty. We acknowledge this land is still home to many First Nations, Inuit, and Métis Peoples, who continue to maintain their deep connection to the land and its sacred teachings. We humbly acknowledge that we are all Treaty people, and we commit to fostering a relationship of respect, collaboration, and stewardship with Indigenous communities in our shared goal of reconciliation and environmental sustainability.