Line of Service Assurance Industry/Sector FS X-Sector Specialism Assurance Management Level Senior 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 a Senior 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:
Use feedback and reflection to develop self awareness, personal strengths and address development areas.
Delegate to others to provide stretch opportunities, coaching them to deliver results.
Demonstrate critical thinking and the ability to bring order to unstructured problems.
Use a broad range of tools and techniques to extract insights from current industry or sector trends.
Review your work and that of others for quality, accuracy and relevance.
Know how and when to use tools available for a given situation and can explain the reasons for this choice.
Seek and embrace opportunities which give exposure to different situations, environments and perspectives.
Use straightforward communication, in a structured way, when influencing and connecting with others.
Able to read situations and modify behavior to build quality relationships.
Uphold the firm's code of ethics and business conduct.
You will play an integral role in supporting our large P&C clients as well as a variety of cross-industry clients who either self- insure or offer loyalty programs in a variety of ways which includes the following but are not limited to:
Supporting the audits of several of the largest insurers in
the world. This includes public, private and mutual insurers. It also includes dozens of large firms across multiple industries.
Performing a variety of consulting projects that include
financial reporting, capital reporting, product pricing. We also perform operational and organizational consulting for our clients.
Supporting buyers and sellers in merger and acquisition
activities. This includes analysis of the underlying products and services as well as potential risks and other elements that affect the price of the deal.
Help them design, develop and value warrantee programs
across multiple industries Specific responsibilities include but are not limited to:
Participating in a wide range of projects and collaborating
across multiple work streams or teams; consistently demonstrating creative thinking, individual initiative and timely completion of assigned work.
Consistently demonstrating teamwork dynamics by
working as a team member: understanding personal and team roles; contributing to a positive working environment by building solid relationships with team members; proactively seek guidance, clarification and feedback.
Ability to prepare deliverables within stringent deadlines.
Keep up to date with local, national and international
business and economic issues.
Contribute to the development of your own and teams
technical acumen.
Serve as participant on communications with numerous
Engagement teams A career in this practice will provide you the opportunity to help organizations by providing core actuarial and insurance services. You will have the opportunity to specialize in some of the following:
success in managerial roles involving, technical actuarial subject matter specialization, especially in Life or Non- Life industry and regulatory developments.
success in roles involving, participating in efforts to identify and address client needs for a global network of professional services consulting firms, emphasizing the following areas:
Participating actively in client discussions and
meetings;
Communicating a broad range of Firm services;
and;
Managing engagements, including preparing
concise, accurate documents and maintaining project economics while maintaining flexibility for unanticipated issues.
success with writing, communicating, facilitating, and presenting cogently; to and/or for all levels of industry audiences, clients and internal staff and management.
Bachelors in finance/Economics/Mathematics/Statistics (B.
Com, B.A (Economics) B.Sc. with Economics / Mathematics / Statistics Hons) with focus on actuarial methods and principals along with following certifications / degree:
Actively pursuing Membership / Associateship of
the Institute and Faculty of Actuaries / Institute of Actuaries of India (or equivalent) with a minimum of 4 Actuarial Exams
Certification requirement may be waived if the
candidate has more experience in the relevant field
Work Experience ranges as below:
Senior Associate - 2 to 3 years for the members /
associate of Actuarial Institutions
Senior Associate 2 - 3 to 5 years for the members /
associate of Actuarial Institutions
Advance knowledge on Microsoft Office especially Excel
An additional knowledge of either of the following would be
Proficient written and verbal English communication skills
Commitment to continuous training and to proactively learn
new processes
Team player - committed to providing high quality and
maintaining timeliness
Demonstrated self-motivation and a desire to take
responsibility 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 Skills Optional Skills Desired Languages (If blank, desired languages not specified) Travel Requirements Not Specified Available for Work Visa Sponsorship? No Government Clearance Required? No Job Posting End Date June 26, 2024
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