Job Type:Permanent Work Model:Hybrid Reference code:127510 Primary Location:Toronto, ON All Available Locations:Toronto, ON; Vancouver, BC 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 the Risk, Regulatory and Forensics, Financial Engineering and Modeling (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 Analyst or Senior Associate focusing on the Insurance practice in our Financial Engineering and Modeling team, you will: :Conduct independent validations of insurance models (pricing, valuation, asset, LICAT and IFRS 17) in compliance with the Model Risk Policy, standards and guidelines :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 a Model Validation plan/report that details the validation scope, testing approach, test results, findings and conclusions 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 and Modeling team comprises of eminent bunch of subject matter experts from quantitative finance backgrounds working across risk/insurance modelling, valuations, Global Investment Performance Standards (GIPS) related financial sphere. 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 and respected in quantitative finance/insurance fields :Engage in group works with our team to develop solutions for our clients :Develop professional 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 Enough about us, let's talk about you You are someone who has: :A Bachelor's degree or higher in a quantitative field such as actuarial science, statistics, and mathematical finance, ideally with minimum 1 year of relevant experience (Analyst) or ASA with minimum 3:5 years of relevant experience (Senior Associate) :Strong technical skills including Axis, Excel, and VBA;knowledge of programming is an asset :Ability to work under tight deadlines and with multiple priorities :Ability to explain complex actuarial and financial modeling techniques in a simple and concise way :Ability to work independently and in cross:functional team settings :Demonstrated analytical and problem solving skills :Excellent verbal and written skills :Pays great attention to details :Prior modeling or