Actuarial Analyst/Consultant/Senior Consultant – Financial Engineering & Modeling
Job Description
Description
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Actuarial Analyst/Consultant/Senior Consultant – Financial Engineering & Modeling
Date: Jul 3, 2025
Job Type: Permanent
Work Model: Hybrid
Reference code:
Primary Location: Toronto, ON
All Available Locations: Toronto, ON; Vancouver, BC
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?
In this Role you are focusing on the Insurance practice in our Financial Engineering & Modeling team, you will:
• 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 conclusions
While this role focuses on insurance model validation, it is a very dynamic opportunity to work closely with other areas and broaden your horizon.
About the team
The Financial Engineering & Modeling team comprises of eminent bunch of subject matter experts from quantitative finance backgrounds working across risk/insurance modelling, valuations, Global Investment Performance Standards (GIPS) related financial sphere.
Working with this team will offer you the opportunity to:
• Work in a fast-paced and thought-provoking environment with like-minded people who are experienced and respected in quantitative finance/insurance fields
• Engage in group works with our team to develop solutions for our clients
• Develop professional skills needed to advance in your chosen career path
• Exposure to high-profile clients including banks, insurance firms, funds, credit unions through a variety of engagements
Enough about us, let’s talk about you
You are someone who has:
• For Analyst, 0 – 1 year of relevant experience required; for Consultant, 1 – 3 years of relevant experienced required; for Senior Consultant, 2 – 5+ years of relevant experience required.
• Strong technical skills including Axis, 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
• Prior modeling or validation experience
Total Rewards
The salary range for this position is $56,000 – $84,000 (Analyst), $68,000 – $102,000 (Consultant), or $84,000 – $126,000 (Senior Consultant). Individuals may be eligible to participate in our bonus program. Individuals may also 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
Company
Deloitte Canada
Location
Toronto
Country
Canada
Salary
100.000
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