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PwC

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3.4

based on 8.5k Reviews

2154 PwC Jobs

Assurance - Actuarial Science - Senior Associate

Pricewaterhouse Coopers Private Limited

3.4

based on 8.5k Reviews

2-6 years

₹ 6.5 - 32L/yr (AmbitionBox estimate)

Kolkata, Hyderabad / Secunderabad, Bangalore / Bengaluru

1 vacancy

Assurance - Actuarial Science - Senior Associate

PwC

posted 4d ago

Job Role Insights

Flexible timing

Key skills for the job

Data Analysis Data Analytics Consulting SQL Auditing C++

+ 3 more

Job Description

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 ll 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 s balance sheet or you could be revising businesses projections and making sure they have adequate reserves.

As a Senior Associate, youll 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 firms code of ethics and business conduct.

This position focuses on performing actuarial duties relating to Appointed Actuary and audit support work, as well as a variety of other consulting projects of an actuarial/statistical/modeling nature as required. The position will be required to effectively communicate actuarial concepts to coworkers and clients, including nonactuarial audiences. This also includes training and mentoring associates when necessary.

Responisbilities

Consulting (50%)

Assist in performing duties relating to Appointed Actuary work
Assist on various actuarial consulting projects
Prepare actuarial valuation reports and presentations

Audit Support (30%)

Provide audit specialist support to PwC audit teams

Training Mentorship (10%)

Train and mentor Associates on the above tasks

Other tasks responsibilities as assigned (10%)

Assist with other projects as required by the department

Skills Requirements

Knowledge of actuarial theories and insurance products
Proficiency in computer applications, including MS Excel, Word, Access and PowerPoint
Proficient in Moody s Analytics AXIS
Experience with Moody s Analytics RiskIntegrity for IFRS 17 considered an asset
Working experience of programming languages (VBA, SQL, C++, Python, R) is an asset
Statistical programming skills are an asset

Education

Min. Qualification Bachelors degree in any of the following areas of study;
Actuarial Science, Statistics, Mathematical Statistics, Applied Mathematics, Mathematics, Economics, Other related fields of Study may be considered

Credential Associate of the Society of Actuaries (or equivalent) Preferred or Actively pursuing Associateship of the Society of Actuaries (or equivalent)
Certification requirement may be waived if the candidate has more experience in the relevant field

Experience 2+ years

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

Accepting Feedback, Accepting Feedback, Active Listening, Actuarial Science, Analytical Thinking, Communication, Complex Data Analysis, Creativity, Embracing Change, Emotional Regulation, Empathy, Financial Data Mining, Financial Modeling, Financial Risk Analysis, Financial Risk Management, Inclusion, Intellectual Curiosity, Learning Agility, Optimism, Presenting Financial Reports, Risk Analysis, Risk Model Implementation, SelfAwareness, Statistical Analysis Software, Statistical Consulting {+ 3 more}

Employment Type: Full Time, Permanent

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What people at PwC are saying

3.5

Rating based on 1.4k Senior Associate reviews

Anonymous · IT Security in Bengaluru

Likes

Salary benefits like Hike and Bonus components

Dislikes

During appraisal cycle there will lot questions on contributions to other initiatives in the company apart from Project. Sometimes to get good hike you have to work overtime on these initiatives

Read 1.4k reviews