Impress employers and recruiters.
Choose from hundreds of resume examples.

Target Resume Now

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 is a senior consulting role with a team leadership dimension, involving ownership of complex analytical deliverables and market-facing activities, mentoring junior analysts, and translating captive economics and risk financing alternatives into strategic guidance for C-suite, risk management, and board audiences.

Responsibilities

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, and obtain conventional market declinations.
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 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.
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.

Requirements

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.
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 transfer structures.
Familiarity with onshore and offshore domiciles (e.g., Barbados, Bermuda, Alberta) is an asset.
Proven ability to develop risk tolerance and risk appetite frameworks and apply probabilistic modeling.
Valid RIBO licence, or ability to obtain within six months of joining.
Advanced Excel and financial modeling skills.
Proficiency with actuarial software and data visualization tools (VBA/Access an asset).
Progress toward or completion of actuarial designations (ACAS, FCAS, FCIA) considered a strong asset.
Prior experience supervising or mentoring analytical teams.
Excellent presentation and board-level report writing skills.

Skills

Actuarial analysis
Quantitative risk consulting
Alternative risk financing
Captive insurance
TCOR modeling
Retention/limits analysis
Reserve analysis
Experience rating
Insurance market submissions
Carrier negotiations
Captive fronting/reinsurance placement
Captive domicile regulations
Fronting arrangements
Alternative risk transfer structures
Risk tolerance frameworks
Risk appetite frameworks
Probabilistic modeling
Monte Carlo
VaR
TVaR
Excel
Financial modeling
Actuarial software
Data visualization tools
VBA
Access

Location

North America

Work Type

Full-time

Experience Level

Senior
7-10 years of relevant experience

Education Level

Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, or a related quantitative discipline.
ACAS, FCAS, FCIA (asset)

Salary/Compensations

$130,000 to $150,000

Benefits

Flexible working arrangements
Generous time-off policies
HUB-sponsored training programs
Tuition reimbursement
Reimbursements for professional licensing and membership fees
Special discounts on events, travel, accommodations, and personal home & auto insurance
Extended health benefits
Disability insurance
RRSP matching
Paid-time-off benefits
Eligible bonuses
Commissions (for some positions)

About the Company

HUB International is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services.
Our expansive network, powered by over 20,000 dedicated professionals across 500 offices in North America, sets the stage for an enriching career that promises both stability and remarkable growth opportunities.
We advise businesses and individuals on how to prepare for the unexpected.
When you partner with us, you're at the center of a vast network of experts who will help you reach your goals through risk services, claims management, and compliance support.
Headquartered in Chicago, Illinois, HUB International Limited (HUB) is a leading full-service global insurance broker.
From offices located throughout North America, HUB's vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions.

Equal Opportunity

If you require assistance or accommodation at any stage of the recruitment process, we encourage you to let us know—we’re here to support you.
At HUB, building an inclusive workplace isn’t just part of what we do—it’s at the heart of who we are.