Actuarial Consultant, Life & Health

Job Type: Permanent
Work Model: Hybrid
Reference code: 135081
Primary Location: Kitchener, ON
All Available Locations: Kitchener, 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

What will your typical day look like?

As a Consultant in the Actuarial and Insurance Solutions practice, you will collaborate with a team of like-minded professionals and contribute to market initiatives.

You will:

• Deliver work on a wide range of consulting projects within actuarial projects, in areas such as Appointed Actuary services, actuarial model development (AXIS, Pathwise, Python), model risk management, climate risk modelling, and audit support.
• Contribute to market offerings by bringing fresh, innovative approaches to existing and new initiatives
• Work with high profile clients in a variety of projects spanning actuarial technology transformation, product and underwriting strategy, mergers and acquisitions (M&A), advanced data analytics, financial /regulatory reporting and financial/capital forecasting and planning.
• Stay current with technical and industry developments including Insurtech, Artificial Intelligence / Machine Learning, Generative AI and Advanced Analytics.
• Demonstrate a strong commitment to personal learning and development; act as a brand ambassador to help attract top-talent
• Actively focus on developing effective communication and relationship-building skills

About the team

Work in a fast growing, dynamic and rewarding environment alongside practitioners who are leaders in their fields. expertise. Continue to pursue your actuarial fellowship and professional development while engaging in meaningful and diverse assignments. Work with high profile clients across the North American Life Insurance sector and the broader insurance industry.

Our Canadian Actuarial team of 70+ professionals (across Life, Property & Casualty, and Pensions) . We are part of Deloitte’s worldwide actuarial network, which includes over 1000 actuarial professionals in 43 countries. 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 Bachelor’s degree from a leading University in the fields Actuarial Science, or Statistics, Mathematics or Data Science with Actuarial exams in progress. Master’s degree holders are also welcomed.
• Proficient knowledge of Word, Excel, PowerPoint, Access
• Proficient / mastery of life & health actuarial modelling software such as Moody’s AXIS, Aon Pathwise, and FIS Prophet
• Technology skills such as Python, Databricks, Alteryx, Tableau, Visual Basic, R, would be an asset.
• 1 to 3 years of relevant working experience in a dynamic industry environment / department within an insurance company, reinsurer or actuarial consulting firm. This includes relevant internships and co-op work terms.
• Understanding and experience working with valuation and reporting standards such as IFRS17, LICAT, US Statutory would be considered a strong asset
• Ability to work within a team structure and deliver high-quality work under time constraints
• An inquisitive, positive mindset topped with a relentless drive to move things ahead
• Proficient in English. French verbal and written communication skills would be considered an asset.

Total Rewards

The salary range for this position is $56,000 - $90,000, 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 accessiblecareers@deloitte.ca if you require an accommodation for the recruitment process (including alternate formats of materials, accessible meeting rooms or other accommodations) or indigenouscareers@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.