Abstract Bitumen recovery by steam-solvent coinjection involves the coupled thermal/compositional mechanisms for reduction of bitumen viscosity. Reliable design of such processes requires reservoir flow simulation based on a proper phase-behavior model so that the oleic-phase viscosity near the steam-chamber edge can be modeled reliably. However, the effect of bitumen characterization (e.g., the number of pseudo components used) on steam-solvent coinjection simulation has not been studied in detail, and can be realized only after running multiple reservoir simulations, which is time consuming. There are two main objectives in this paper. One is to develop a reliable method for bitumen characterization by improving the fluid characterization method that was recently developed based on perturbation from n-alkanes (PnA). The other is to develop a novel analytical method for assessing the sensitivity of a particular coinjection simulation to bitumen characterization without having to perform reservoir simulations. A simulation case study is given to validate this analytical method. A proper number of pseudo components for bitumen characterization cannot be determined without considering the effect of phase behavior on the oleic-phase viscosity at chamber-edge conditions in steam-solvent coinjection simulation. Results show that the analytical method developed in this research can detect the sensitivity of recovery simulation to bitumen characterization without performing multiple flow simulations using different sets of fluid models. The PnA-based method developed for bitumen characterization gives reliable predictions of phase behavior for bitumen/solvent mixtures with a small amount of experimental data.