Senior Actuarial Consultant

About The Role

HUB Internationals Alternative Risk Solutions practice is hiring a Senior Actuarial Consultant to lead captive advisory broking and quantitative risk analysis engagements. This is a senior consulting role with a team leadership dimension: you will own complex analytical deliverables and market-facing activities end-to-end mentor junior analysts and translate captive economics and risk financing alternatives into clear strategic guidance for C-suite risk management and board audiences.

What Youll Do

• Lead captive feasibility optimization and Total Cost of Risk (TCOR) studies across single-parent group and cell captive structures including domicile comparison across onshore and offshore jurisdictions.
• Manage end-to-end captive program placement: prepare submissions to fronting insurers negotiate pricing terms and collateral arrangements (LOCs trusts parental guarantees) and obtain conventional market declinations where required.
• Conduct retention and limits analysis including SIR optimization attachment point selection loss distribution fitting and severity benchmarking to advise on coverage tower design.
• Develop client risk tolerance and risk appetite frameworks using probabilistic modeling techniques (Monte Carlo VaR TVaR) to stress-test retention strategies.
• Prepare and review actuarial valuation reports for captive entities in compliance with IFRS 4 and IFRS 17 including reserve adequacy capital adequacy testing and loss development analysis across multiple commercial lines.
• Deliver pro-forma financial projections cash flow modeling and investment income analysis to support captive program design and long-term risk financing planning.
• Author board-ready reports and feasibility studies and serve as senior technical resource in client meetings with C-suite risk management and board audiences.
• Supervise and mentor junior actuarial analysts; establish peer review and quality standards for analytical deliverables.
• Coordinate cross-functional workstreams with broking underwriting claims and specialty practices to embed actuarial insight into client strategy.
• Contribute to business development through pitch materials proposals and scope of work documents.

Qualifications and expertise that pave the way for Success

• Bachelors degree in Actuarial Science Mathematics Statistics Finance or a related quantitative discipline.
• 10 years of experience in actuarial analysis quantitative risk consulting or alternative risk financing with significant captive insurance exposure.
• Demonstrated expertise in TCOR modeling retention/limits analysis reserve analysis and experience rating across commercial lines (GL Auto Property WC Professional Liability).
• Hands-on experience with insurance market submissions carrier negotiations and captive fronting/reinsurance placement.
• Strong working knowledge of captive domicile regulations fronting arrangements and alternative risk transfer structures; familiarity with onshore and offshore domiciles (e.g. Barbados Bermuda Alberta) an asset.
• Proven ability to develop risk tolerance and risk appetite frameworks and apply probabilistic modeling (Monte Carlo VaR TVaR).
• Valid RIBO licence or ability to obtain within six months of joining.
• Advanced Excel and financial modeling skills; proficiency with actuarial software and data visualization tools (VBA/Access an asset).
• Progress toward or completion of actuarial designations (ACAS FCAS FCIA) considered a strong asset.
• Prior experience supervising or mentoring analytical teams with excellent presentation and board-level report writing skills.

Elevate Your Career with HUB International

Advancement and Well-being: Our Priority

At HUB we place immense value on the well-being and professional development of our team. Heres what you can look forward to as part of the HUB Team:

• Work-Life Balance: Take advantage of flexible working arrangements and generous time-off policies that adapt to your needs and lifestyle.
• Professional Growth: Advance your career with HUB-sponsored training programs tuition reimbursement and other development opportunities tailored to help you succeed.
• Industry Support: Benefit from reimbursements for professional licensing and membership fees reflecting our investment in your expertise.
• Exclusive Perks: Enjoy special discounts on events travel accommodations and personal home & auto insurance making your HUB experience even more rewarding

Service: Our Ethos

At HUB International service defines who we are. This dedication extends not only to our clients but also to our employees and the communities were proud to support. Our regional offices are actively engaged in local initiatives reflecting our commitment to giving back and making a meaningful difference.

If you require assistance or accommodation at any stage of the recruitment process we encourage you to let us knowwere here to support you. At HUB building an inclusive workplace isnt just part of what we doits at the heart of who we are..

The expected salary range for this position is $130000 to $150000 and will be impacted by factors such as the successful candidates skills experience andworking location as well as the specific positions business line scope and level. HUBInternational is proud to offer comprehensive benefit and total compensation packages whichcould include extended health benefits disability insurance RRSP matchingpaid-time-off benefits and eligible bonuses and commissions for some positions.

AI and Automation Notice: HUB International uses limited AI and automation tools within our recruitment systems to enhance efficiency in the hiring process and in the candidate experience. These tools do not independently make hiring decisions or screen out candidates all decisions are made through human review.

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Department Risk Management & Loss Control

Required Experience: 7-10 years of relevant experience

Required Travel: Negligible

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Required Experience:

Senior IC

Employment Type : Full-Time
Experience: years
Vacancy: 1
Monthly Salary Salary: 130000 - 150000