January 2027 - Actuarial P&C Non-CPA - Co-op - 4 Months - Toronto

A career in our Risk Modelling Services (RMS) team as a Property & Casualty Actuary will provide you with the opportunity to contribute risk modeling and general insurance advice and 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 including valuation, pricing, solvency and capital management, economic capital, financial condition testing, and the implementation of new laws and regulations. Other than core actuarial functions, you may also be involved in broader risk modelling services across all sectors in areas related to climate, cyber risk modelling and predictive analytics. You will have the opportunity to work with other professionals within PwC leveraging the latest technology to help solve client challenges. With us, you will have a clear career path and leaders who care about and support your development and goals. We focus on offering diverse learning and development opportunities to produce well-rounded professionals. 
 
Meaningful work you’ll be part of  

As a P&C Actuarial Co-op on the Risk Modelling Services team, 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: 
 

• Provide support for IFRS 17 financial statement audits as an actuarial specialist, including re-performing the actuarial liabilities, reviewing valuation methodologies and assumptions, regulatory capital reporting, and data validation. You will work closely with experienced actuaries and colleagues on the Core Assurance team to ensure that the actuarial liabilities are fairly presented in the financial statements. 

• Provide support for a broad range of actuarial consulting services. These could include valuation, financial condition testing, model development, model validation, pricing, model risk management, climate risk management, and more. 

• Participate in business development and ad-hoc projects (e.g., actuarial and finance modernization, process automation, development of AI solutions). 

• Participate in cross-functional projects with other teams within PwC, such as Financial Services Consulting, Advisory, Deals, Tax, and Data & Analytics. 

Experiences And Skills You’ll Use To Solve  

• Pursuing a Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, Computer Science, or a related field 

• Actively working towards a CIA/CAS designation. 

• Knowledge of actuarial theories, insurance products, and prior actuarial work experience are considered an asset. 

• Strong proficiency using Microsoft Office Suite, including Excel, PowerPoint, and Word. 

• Experience in reserving, reserving applications (e.g., Arius), and programming languages (e.g., Python, R) considered an asset 

• Exposure to data analytic tools such as Tableau, Alteryx, and VBA considered an asset 

• Strong analytical and problem-solving skills with strong attention to detail. 

• Strong written and oral communication skills, experience presenting in a business context considered an asset. 

• Ability to manage multiple, concurrent priorities and work effectively under tight timelines. 

• Exceptional commitment to providing excellent client service, by building and maintaining productive relationships with both internal and external clients. 

• An interest in upskilling for a digital world and technology trends, an openness to learning new tools and adapting how you work. 

• Entrepreneurial mindset, challenging the status quo and seeking self-improvement. 

• A demonstrated commitment to valuing differences and working alongside and/or coaching diverse people and perspectives. 

This newly created role reflects our commitment to growth and delivering distinctive value for our clients and stakeholders. 

Compensation and benefits 

• Competitive salary, determined by your skills, experience, qualifications, and work location; eligible for overtime pay. 

• Competitive study program, including study time and financial support to cover actuarial exam fees and study materials 

• On-the-job training and mentorship 

• Coaching that will support your career development plan and objectives 

• Building relationships with key actuarial clients, talented colleagues and industry experts