About the Role HUB International’s Alternative Risk Solutions practice is hiring a Senior Actuarial Consultant to lead captive advisory, broking, and quantitative risk analysis engagements. This senior consulting role includes team leadership: you will own complex analytical deliverables and market‑facing activities end‑to‑end, mentor junior analysts, and translate captive economics and risk financing alternatives into clear strategic guidance for C‑suite, risk management, and board audiences. What You’ll Do Lead captive feasibility, optimization, and Total Cost of Risk (TCOR) studies across single‑parent, group, and cell captive structures, including domicile comparison across onshore and offshore jurisdictions. Manage end‑to‑end captive program placement: prepare submissions to fronting insurers, negotiate pricing, terms, and collateral arrangements (LOCs, trusts, parental guarantees), and obtain conventional market declinations where required. Conduct retention and limits analysis including SIR optimization, attachment point selection, loss distribution fitting, and severity benchmarking to advise on coverage tower design. Develop client risk tolerance and risk appetite frameworks using probabilistic modeling techniques (Monte Carlo, VaR, TVaR) to stress‑test retention strategies. Prepare and review actuarial valuation reports for captive entities in compliance with IFRS 4 and IFRS 17, including reserve adequacy, capital adequacy testing,



and loss development analysis across multiple commercial lines. Deliver pro‑forma financial projections, cash‑flow modeling, and investment income analysis to support captive program design and long‑term risk financing planning. Author board‑ready reports and feasibility studies, and serve as senior technical resource in client meetings with C‑suite, risk management, and board audiences. Supervise and mentor junior actuarial analysts; establish peer review and quality standards for analytical deliverables. Coordinate cross‑functional workstreams with broking, underwriting, claims, and specialty practices to embed actuarial insight into client strategy. Contribute to business development through pitch materials, proposals, and scope of work documents. Qualifications Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or a related quantitative discipline. 10+ years of experience in actuarial analysis, quantitative risk consulting, or alternative risk financing, with significant captive insurance exposure. Demonstrated expertise in TCOR modeling, retention/limits analysis, reserve analysis, and experience rating across commercial lines (GL, Auto, Property, WC, Qualified Liability). Hands‑on experience with insurance market submissions, carrier negotiations, and captive fronting/reinsurance placement. Strong working knowledge of captive domicile regulations, fronting arrangements, and alternative risk

📌 Actuarial Consultant - Pricing R&D Specialist (Toronto)
🏢 HUB International
📍 Toronto