Actuarial Analyst/Consultant/Senior Consultant - Financial Engineering & Modeling
Deloitte is a leading professional services firm in Canada, dedicated to inspiring and helping organizations thrive. They are seeking an Actuarial Analyst, Consultant, or Senior Consultant to focus on insurance model validation within their Financial Engineering & Modeling team, where the role involves conducting independent validations of insurance models and communicating results to senior leadership.
Responsibilities
- Conduct independent validations of insurance models (pricing, valuation, asset, LICAT & IFRS 17) in compliance with the Model Risk Policy, standards and guidelines
- Identify potential risks embedded in the model design and usage, and provide constructive challenges and recommendations to mitigate model risk
- Communicate the model validation results to senior leadership and model owners, prepare a Model Validation plan/report that details the validation scope, testing approach, test results, findings and conclusion
Skills
- A Bachelor's degree or higher in a quantitative field such as actuarial science, statistics, and mathematical finance
- For Analyst, 0 – 1 year of relevant experience required; for Consultant, 1 – 3 years of relevant experienced required; for Senior Consultant, ASA with 2 – 5+ years of relevant experience required
- Strong technical skills including AXIS, Python, Excel, and VBA. Knowledge of programming is an asset
- Ability to work under tight deadlines and with multiple priorities
- Ability to explain complex actuarial and financial modeling techniques in a simple and concise way
- Ability to work independently and in cross-functional team settings
- Demonstrated analytical and problem solving skills
- Excellent verbal and written skills
- Pays great attention to details
- Takes initiatives and ownership of projects
- Prior modeling or validation experience
Benefits
- Individuals may be eligible to participate in our bonus program
- $4,000 per year for mental health support benefits
- $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
- A hybrid work structure
Company Overview