Job Type: Permanent
Work Model: Hybrid
Reference code: 134967
Primary Location: Toronto, ON
All Available Locations: Toronto, 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
--
Would you like to further develop your career with our exponentially expanding Financial Engineering and Modeling group? Are you up for the challenge to help the most sophisticated Canadian and international clients to solve their quantitative and modelling issues?
What will your typical day look like?
As a Manager focusing on Insurance practice in our Financial Engineering & Modelling team, you will:
- Lead and mentor a team of analysts and consultants
- Lead the model validations of insurance models (reserving, pricing, economic capital, predictive analytics) in compliance with the Model Risk Policy, standards and guideline
- 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 and review a Model Validation plan/report that details the validation scope, testing approach, test results, findings and conclusions
- Assist with business development initiatives
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 & Modelling team is composed of a wide range of subject matter experts from Quantitative Finance backgrounds working with all manner of modeling types. We have the leading quantitative practice in the Canadian market and cover models including market risk, credit risk, fraud, AML, insurance, treasury and machine learning. Our team members have advanced degrees in mathematics, financial engineering, statistics, physics and actuarial science.
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 in quantitative finance / insurance fields
- Develop advanced professional and consultative 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
- Exposure to the most advance modeling techniques used in the financial services industry
Enough About Us, Let’s Talk About You
You are someone who is/has:
- A Bachelor’s degree or higher in a quantitative field such as actuarial science, statistics, and mathematical finance, ideally FCAS with 6+ years of experience
- Strong technical skills including ResQ, Excel, VBA, SAS, Emblem, and Python. Knowledge of programming is an asset
- Ability to work under tight deadlines and manage multiple priorities/projects
- Ability to explain complex actuarial and financial modeling techniques in a simple and concise way
- Ability to lead a team of analysts and consultants
- Ability to work independently and in cross-functional team settings
- Excellent analytical and problem-solving skills
- Excellent verbal and written skills
- Pays great attention to details
- Takes initiatives and ownership of projects
Total Rewards
The salary range for this position is $101,000 - $169,000, 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.
