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Insurance Analyst FEM Financial Engineering & Modeling, Financial Advisory

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Date Posted: Apr 20, 2021

Reference Code: 66341-en_US

Job Type: Permanent 
Primary Location: Toronto, Ontario, Canada 
All Available Locations: Toronto 



Learn from deep subject matter experts through mentoring and on the job coaching
Be encouraged to deepen your technical skills…whatever those may be.
Have many careers in one Firm.



Would you like to further develop your career with our exponentially expanding Financial Advisory Service, Modelling and Value Advisory, Financial Engineering & Modelling (FEM) 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 an Insurance Analyst (1 year Contract) focusing on Insurance practice in our Financial Engineering & Modelling team, you will:


•    Play critical roles in validations of various insurance models (pricing, valuation, ALM, IFRS 17 and Segfund) in compliance with the appropriate Model Risk Policy, standards and guidelines
•    Understand how a variety of insurance products are modeled globally, focusing on North America and Asia  
•    Learn to identify risks embedded in the model design and usage, and provide constructive challenges and recommendations to mitigate model risk 
•    Have the opportunity to communicate the results of your projects to senior leadership and model owners, prepare and review a model validation plan/report that details the validation scope, testing approaches, test results, findings and conclusions
•    Be given the opportunity to lead and develop project management skills through-out your time on the team
•    Be offered an environment where your career growth in in your control and completely merit driven


While this role focuses on insurance model validation, it is a very dynamic opportunity to work closely with other areas and broaden your horizon. The contract position may potentially be converted to a full time position. 

About the team



The Financial Engineering & Modelling, Financial Advisory 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 insurance, market risk, credit risk, fraud, AML, 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 
•    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


If you are someone who is or has:

•    A Bachelor’s degree or higher in a quantitative field such as actuarial science, statistics, or mathematical finance (ideally an ASA with 1-2 years of experience)
•    Strong technical skills in Moody’s GGY AXIS, Excel, VBA (Python or R programming knowledge is an asset)
•    Ability to work under tight deadlines and manage multiple priorities/projects
•    Ability to explain complex actuarial and financial modeling techniques in simple and concise ways
•    Ability to work independently and in cross-functional team settings
•    Excellent analytical and problem-solving skills
•    Strong verbal and written communication skills and pays great attention to detail
•    Takes initiatives and ownership of projects


Then this is the role for you.



Why Deloitte?

Launch your career with The One Firm where you can make an impact that matters in a way that you never thought possible. With endless opportunities at every turn, and a culture built to support and develop our people to be the very best they can be, Deloitte is The One Firm for you to learn, grow, create, connect, and lead. We do this by making three commitments to you:

  • You will lead at every level: We grow the world’s best leaders so you can achieve the impact you seek, faster.
  • You can work your way: We give you the means to be flexible in how you need and want to work, and we have innovative spaces, arrangements and the mindset to help you be wildly successful.
  • You will feel included and inspired: We create a deep sense of belonging where you can bring your whole self to work.

The next step is yours

Sound like The One Firm. For You?

At Deloitte we are all about doing business inclusively – that starts with having a diverse colleagues of all abilities!  We encourage you to connect with us at if you require an accommodation in the recruitment process, or need this job posting in an alternative format. We’d love to hear from you!

By applying to this job you will be assessed against the Deloitte Global Talent Standards. We’ve designed these standards to provide our clients with a consistent and exceptional Deloitte experience globally.

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