Actuarial services

Delivering bold ideas to help Canadian insurers reimagine their business

Businesses today, including those in the insurance industry, are facing the dual challenges of permanence and change: the need to both maintain the professional services they have come to be known for and remain relevant in a changing marketplace.

For providers of insurance services, there are even more hurdles as insurers navigate rising challenges like tightening regulation and the impacts of climate change. At a time of rapid change and disruption, the need for insurers to create sustained outcomes for all of their stakeholders has never been more important. 

Our actuarial practice understands the demands and responsibilities of your business and can help you think differently about the challenges ahead. Our human-led and technology-powered solutions include a range of offerings serving the property and casualty, life and pension segments addressing your core needs so your teams can focus on expanding your products and services.

Our services include core actuarial functions, such as appointed actuary work, product pricing and development, and pension fund and other transfer pricing, as well as newer areas involving capital and risk management, actuarial modernization and transformation, and predictive analytics. We also offer a fully managed IFRS 17 reporting solution.

Our integrated approach

With a team of more than 60 actuarial professionals and accountants, we bring comprehensive knowledge of insurance industry practices to help you meet your evolving needs.

We offer even further expertise through a global actuarial network of more than 1,000 consultants in 35 countries, including significant actuarial practices in the United States, the United Kingdom and the Pacific Rim. Our actuarial practice is part of an integrated audit and insurance team, allowing us to bring the full strength of a diverse community of solvers with the bold ideas your business needs.

 

Solutions to help you create sustained outcomes

Helping you build trust and drive competitive advantage through compliance

Regulators are increasingly making oversight reforms. Your reports need to not just comply with regulations but should also tell a unique story. Our specialists will help you bring this story to life.

 

Pursue M&A and other levers of growth with confidence

Every strategic plan will come down to one key goal: growth. For your business, this may take the shape of a pension fund buy-in or lightening your balance sheet by selling off a block of business.

We offer an all-inclusive solution to help you move forward with that next deal. 

 

Transform people and processes to drive performance excellence

Finance teams are struggling to navigate accelerating change and rising expectations from the business. We can help you transform people and processes and get the most from your digital investments.

 

Transform information into insights.

Harnessing the power of your data is key to gaining a competitive advantage. Using predictive analytics, simulations modelling and powerful data mining tools, we’ll help you uncover insights to drive sustained outcomes.

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Contact us

Dave Harris

Dave Harris

Partner, Actuarial Services Leader, PwC Canada

Tel: +1 416 869 2475

Michael Palmer

Michael Palmer

Partner, Risk Modelling Services, PwC Canada

Tel: +1 416 931 7256

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