Assurance - ActuarialScience - Life Modeling - Associate 2

As an 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

You will play an integral role in leveraging sophisticated actuarial
software to develop, test and run models that perform a variety of
complex calculations for our life, annuity, and health insurance
clients 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 the insurance operations of
several banks and private equity firms


Primarily using Axis and Prophet but also using other
vendor software or work on models developed by our
clients


Designing, building and testing new models for our
clients

We also convert existing models to models
supported by other vendors

The models are used for
financial and capital reporting, testing client s models, and
mergers and acquisitions activities


Using these actuarial models, our team also performs
valuation and reporting services for our clients as part of
our managed service offering


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 s
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 technical actuarial services


You will have the opportunity to specialize in some of the
following
Demonstrating some proven 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 some proven knowledge of database
structures and data process flows


Demonstrates some proven abilities and/or success with
using actuarial software, preferably Axis or Prophet


Demonstrating some proven 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; answering questions and providing direction
to less-experienced staff


Demonstrating some proven 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 s 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
2 Actuarial Exams
Work Experience ranges as below
- Associate - 0 to 1 year for the members / associate of
Actuarial Institutions
- Associate 2 - 1 to 2 years for the members / associate
of Actuarial Institutions

Work Experience from following organisations
- Big 4s - similar experience
- Any of the 24 registered Life Insurance Companies in
India like LIC, HDFC Life, ICICI Pru, etc


- Financial Consultancy / Financial Advisor Companies
- Willis Towers Watson, Milliman, WNS Global
Services, Numerica, Accenture
- General Insurance Corporation of India (GIC)
- Foreign Reinsurance Companies - Swiss Re, Munich
Re, Scor SE, Hannover Re, RGA Life, XL Insurance
Company SE, General Reinsurance AG, AXA France
Vie, Allianz Global Corporate & Specialist SE

Advance knowledge on Microsoft Office especially Excel
An additional knowledge of either of the following would be
preferred
- 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 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