Assurance

Year    Hebbal, Bengaluru, Karnataka, India

Job Description

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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. You\xe2\x80\x99ll 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 company\xe2\x80\x99s balance sheet or you could be revising businesses\xe2\x80\x99 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 team\xe2\x80\x99s
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:
  • Demonstrating proven thorough knowledge of, and/or
success in managerial roles involving, technical actuarial subject matter specialization, especially in Life or Non-
Life industry and regulatory developments.
  • Demonstrating proven thorough knowledge of, and/or
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.
  • Demonstrating proven thorough level abilities and/or
success with using spreadsheets, database and/or other
actuarial software-related technologies.
  • Demonstrating proven thorough abilities and/or success
as a team leader:
  • Creating a positive environment by monitoring workloads
of the team while meeting client expectations and
respecting the work-life quality of team members;
  • Providing candid, meaningful feedback in a timely
manner; keeping leadership informed of progress and
issues; and,
  • Answering questions and providing direction to less-
experienced staff.
  • Demonstrating proven thorough level abilities and/or
success with writing, communicating, facilitating, and
presenting cogently; to and/or for all levels of industry
audiences, clients and internal staff and management.
  • Bachelor\xe2\x80\x99s 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 \xe2\x80\x93 2 to 3 years for the members /
associate of Actuarial Institutions
  • Senior Associate 2 \xe2\x80\x93 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
preferred:
  • Data Analytics \xe2\x80\x93 Python, SQL
  • Visualization Tools (Tableau, PowerBI, QuickSight)
  • VBA programming
  • Proficient written and verbal English communication skills
  • Commitment to continuous training and to proactively learn
new processes
  • Team player \xe2\x80\x93 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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Job Detail

  • Job Id
    JD3348029
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Hebbal, Bengaluru, Karnataka, India
  • Education
    Not mentioned
  • Experience
    Year