Job Description

Line of Service AssuranceIndustry/Sector FS X-SectorSpecialism AssuranceManagement Level Associate & Summary A career within Actuarial Services, will provide you with the opportunity to contribute general insurance advice and consulting services to clients such as insurers, banks, regulators, and third party administrators. Youll provide advice covering solvency, economic capital, risk management, mergers and acquisitions, company restructuring and risk control, financial modelling, underwriting, new legislation, and the efficiency of claims or reporting processes. Simply put, you might help analyse the impact that new regulation will have on an insurance companys balance sheet or you could be revising businesses projections and making sure they have adequate reserves.To really stand out and make us fit for the future in a constantly changing world, each and every one of us at PwC needs to be a purpose-led and values-driven leader at every level. To help us achieve this we have the PwC Professional; our global leadership development framework. It gives us a single set of expectations across our lines, geographies and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future.As an Associate, you\'ll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to:

• Invite and give in the moment feedback in a constructive manner.
• Share and collaborate effectively with others.
• Identify and make suggestions for improvements when problems and/or opportunities arise.
• Handle, manipulate and analyse data and information responsibly.
• Follow risk management and compliance procedures.
• Keep up-to-date with developments in area of specialism.
• Communicate confidently in a clear, concise and articulate manner - verbally and in the materials I produce.
• Build and maintain an internal and external network.
• Seek opportunities to learn about how PwC works as a global network of firms.
• Uphold the firm's code of ethics and business conduct.

You will play an integral role in supporting our life, annuity, andhealth clients in a variety of ways which includes the following butare not limited to: Supporting the audits of several of the largest insurers inthe world. This includes public, private and mutualinsurers. It also includes the insurance operations ofseveral banks and private equity firms. Performing a variety of consulting projects that includefinancial reporting, capital reporting, product pricing. Wealso perform operational and organizational consulting forour clients. Supports buyers and sellers in merger and acquisitionactivities. This includes analysis of the underlyingproducts and services as well as potential risks and otherelements that affect the price of the deal. Performing detailed model validations of underlyingreserves and other actuarially determined balances acrossmultiple reporting and regulator bases. This worksupports audits and consulting engagements.Specific responsibilities include but are not limited to: Participating in a wide range of projects and collaboratingacross multiple work streams or teams; consistentlydemonstrating creative thinking, individual initiative andtimely completion of assigned work. Consistently demonstrating teamwork dynamics byworking as a team member: understanding personal andteam roles; contributing to a positive workingenvironment by building solid relationships with teammembers; proactively seek guidance, clarification andfeedback. Ability to prepare deliverables within stringent deadlines. Keep up to date with local, national and internationalbusiness and economic issues. Contribute to the development of your own and teamstechnical acumen. Serve as participant on communications with numerousEngagement teamsA career in this practice will provide you the opportunity tohelp organizations by providing actuarial and insuranceservices. You will have the opportunity to specialize in some ofthe following: Participate in providing clients advice and counsel in theareas of process improvement, risk and capitalmanagement, value analyses and actuarial andquantitative modeling; Participate in a wide range of projects; consistentlydemonstrating creative thinking and individual initiative; Participate in a wide range of projects; consistentlydemonstrating creative thinking and individual initiative; Demonstrate teamwork dynamics through working as ateam member; Identify and address client needs; and, Demonstrate flexibility in prioritizing and completingtasks while exercising professional scepticism. Demonstrate ability to research and analyse pertinentclient, industry, and technical matters; Experience demonstrating strong problem-solving skillsand the ability to prioritize and manage multiple tasks; Ability to interact with various levels of client and firmmanagement through both written and verbalcommunications; and, Ability to self-motivate and take responsibility forpersonal growth and development. Bachelors in finance/Economics/Mathematics/Statistics (B.Com, B.A (Economics) B.Sc. with Economics / Mathematics /Statistics Hons) with focus on actuarial methods andprincipals along with following certifications / degree:- Actively pursuing Membership / Associateship of theInstitute and Faculty of Actuaries / Institute ofActuaries of India (or equivalent) with a minimum of2 Actuarial Exams Work Experience ranges as below:- Associate - 0 to 1 year for the members / associate ofActuarial Institutions- Associate 2 - 1 to 2 years for the members / associateof Actuarial Institutions Work Experience from following organisations:- Big 4s - similar experience- Any of the 24 registered Life Insurance Companies inIndia like LIC, HDFC Life, ICICI Pru, etc.- Financial Consultancy / Financial Advisor Companies- Willis Towers Watson, Milliman, WNS GlobalServices, Numerica, Accenture- General Insurance Corporation of India (GIC)- Foreign Reinsurance Companies - Swiss Re, MunichRe, Scor SE, Hannover Re, RGA Life, XL InsuranceCompany SE, General Reinsurance AG, AXA FranceVie, Allianz Global Corporate & Specialist SE Advance knowledge on Microsoft Office especially Excel An additional knowledge of either of the following would bepreferred:- Data Analytics - Python, SQL- Visualization Tools (Tableau, PowerBI, QuickSight)- VBA programming Proficient written and verbal English communication skills Commitment to continuous training and to proactively learnnew processes Team player - committed to providing high quality andmaintaining timeliness Demonstrated self-motivation and a desire to takeresponsibility for personal growth and development.Education (if blank, degree and/or field of study not specified) Degrees/Field of Study required:Degrees/Field of Study preferred:Certifications (if blank, certifications not specified)Required SkillsOptional SkillsDesired Languages (If blank, desired languages not specified)Travel Requirements Not SpecifiedAvailable for Work Visa Sponsorship? NoGovernment Clearance Required? NoJob Posting End Date April 28, 2025

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