Staff Consultant - Risk Consulting - Actuarial

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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 Staff 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 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. 
• One to two years of relevant co-op, internship or 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.

• Toronto: $65,500 to $99,000

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