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P&C Reserving and Capital Director – Canada

WTW
Toronto, CAN
Full-time
Director · 7+ years experience
Hybrid
CAD 275000 / year
Discovered 1 weeks ago
excel

Full Job Posting

About ICT and Our Actuarial Consulting Business

ICT brings together forward-looking advisory expertise, industry-leading technology and software, and powerful analytics to help insurers turn complexity into opportunity. As a globally recognized leader in Property & Casualty insurance and reinsurance reserving and financial reporting, we partner with clients across the industry to deliver innovative, practical solutions that strengthen performance and accelerate transformation.

Our ambition is to redefine reserving, pricing and capital modeling as strategic engines of client value—combining market intelligence, advanced analytics, AI-enabled technology, process excellence and compelling communication. At the center of this vision is the WTW Reserving, Capital Modeling, Data Automation and AI Technology Suite, enabling smarter decisions, greater agility and lasting business impact.

The Role

As a Canada P&C Reserving Director, you will lead client engagements and project teams dedicated to developing and delivering reserve, capital and reserving transformation analyses for insurance and reinsurance clients. You will play a key role in delivering a range of actuarial and consulting projects while supporting senior colleagues in managing client relationships and identifying opportunities to expand our work.

As a project leader, you will oversee project teams, serve as a key resource to consultants and analysts, and help colleagues build their technical, market-facing and client-facing expertise. You will be expected to meet revenue and billable hour goals, contribute to intellectual property and research development, and help position WTW as a leading reserving advisor in Canada.

Your main responsibilities will be:

Lead and support Canadian P&C reserving, capital, Appointed Actuary, reserve transformation and process automation projects, including the effective implementation and use of ResQ, Unify and other WTW technologies

Develop trusted relationships with client contacts through effective communication and efficient, high-quality execution of projects

Play a visible external role in the Canadian marketplace as a subject matter expert

Support new business opportunities, including statements of work, project plans, budgets, proposals and client discussions

Manage client expectations, raise appropriate issues to Subject Matter Experts or Client Relationship Managers, and coordinate effectively across teams

Collaborate with colleagues in reserving, capital modelling, pricing, underwriting, claims, technology and other practices locally and globally to create, sell and deliver actuarial and technology solutions

Participate in the development and dissemination of thought leadership, intellectual capital and technology-enabled reserving solutions

Develop and lead reserving talent through coaching, mentorship, performance management, career development and technical leadership

Financials

You will contribute to a profitable and growing Canada P&C Reserving proposition.

Participate fully in the achievement of the Canadian reserving practice and overall ICT business plan and budget

Meet individual billable hour and sales targets commensurate with seniority and area of focus

Support new business opportunities and enhance existing relationships that support achievement of revenue goals

Qualifications

  • ACAS/ACIA or FCAS/FCIA with 7+ years of relevant experience in a Canadian (re)insurance, actuarial or consulting environment involving reserving, capital management/modelling, IFRS 17 and/or reserve transformation
  • Proven knowledge of the Canadian P&C insurance market, including personal lines, commercial lines and reinsurance
  • Commitment to pursuing membership in the Canadian Institute of Actuaries.
  • Strong analytical skills, including the ability to draw conclusions and identify trends from data in a logical, systematic way
  • Proven experience successfully managing multiple complex projects and producing quality deliverables on time and within budget
  • Ability to build effective relationships with clients and colleagues and contribute to well-informed decision-making.
  • Self-driven, comfortable navigating ambiguity and able to develop practical, innovative solutions
  • Experience contributing to projects of varying size and complexity and communicating technical insights to diverse audiences.
  • Strong client relationship, interpersonal and team skills
  • Working knowledge of Excel, Word and PowerPoint
  • Availability to travel as needed
  • Preferred Skills and Experiences
  • Experience with predictive analytics, stochastic methods, claims analytics, portfolio management, automation or actuarial transformation.Experience with WTW software including ResQ, Igloo, Radar/Emblem and/or Unify
  • Experience working in an actuarial consulting environment
  • Active involvement in relevant professional or industry associations
  • Location: This position is based in Canada and is open for hybrid/virtual work, subject to business needs.
  • Note: Visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
  • Compensation
  • The base salary compensation range being offered for this role is 200,000 to $275,000 CAD per year.
  • This role is also eligible for an annual short-term incentive bonus.
  • Artificial Intelligence (AI) tools may be used in the process to screen, assess, or select applicants for a position but all final decisions and determinations are made exclusively by authorized human personnel.
  • This job posting is an advertisement for an existing vacancy.
  • Equal Opportunity Employer

Preferred Qualifications

  • Preferred Skills and Experiences
  • This role is also eligible for an annual short-term incentive bonus.

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