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Assurance - Actuarial Science - Life Modelling - Senior Manager

4-8 years

Kolkata, Hyderabad / Secunderabad, Bangalore / Bengaluru

1 vacancy

Assurance - Actuarial Science - Life Modelling - Senior Manager

PwC

posted 4mon ago

Job Description

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 Manager, 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
  • Encourage everyone to have a voice and invite opinion from all, including quieter members of the team.
  • Deal effectively with ambiguous and unstructured problems and situations.
  • Initiate open and candid coaching conversations at all levels.
  • Move easily between big picture thinking and managing relevant detail.
  • Anticipate stakeholder needs, and develop and discuss potential solutions, even before the stakeholder realises they are required.
  • Contribute technical knowledge in area of specialism.
  • Contribute to an environment where people and technology thrive together to accomplish more than they could apart.
  • Navigate the complexities of cross-border and/or diverse teams and engagements.
  • Initiate and lead open conversations with teams, clients and stakeholders to build trust.
  • Uphold the firms code of ethics and business conduct.
Our life modelling team leverages sophisticated actuarial software to develop, test and run models that perform a variety of complex calculations for our life, annuity, and health insurance clients.
We support 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.
Our team primarily uses Axis and Prophet but also uses other vendor software or work on models developed by our clients.
We design, build and test 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 clients 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.

 
Skills Required
Demonstrates proven extensive knowledge of, and/or success in managerial roles involving, technical actuarial subject matter specialization, especially in Life or Non-Life industry and regulatory developments.
- Demonstrates 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.
- Demonstrates 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.
- Demonstrates 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.
 
Qualification Pursuing/Completed Actuarial Science

Employment Type: Full Time, Permanent

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PwC Interview Questions & Tips

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Top PwC Senior Manager Interview Questions

Q1. What is Materiality, How to decide Materiality , who decide what will be the level of Materiality ?
Q2. Create a table with specified columns Alter the table and add new columns Create another table with help of existing tables Write a query wh ... read more
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What people at PwC are saying

3.3
 Rating based on 82 Senior Manager reviews

Likes

Only the wfh option but now they started calling in office

Dislikes

This is dangerous any day then can throw you out No teams bonding This is very unprofessional Ans it will exhaust you from inside

  • Salary - Poor
  • +6 more
Read 82 Senior Manager reviews

Senior Manager salary at PwC

reported by 1.1k employees with 8-22 years exp.
₹19 L/yr - ₹66.5 L/yr
101% more than the average Senior Manager Salary in India
View more details

What PwC employees are saying about work life

based on 9.2k employees
75%
88%
58%
88%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

PwC Benefits

Submitted by Company
Staff discounts
Professional Memberships
In-house learning tools
Referral Bonuses
Corporate Plan
Buy more leave! +7 more
Submitted by Employees
Work From Home
Health Insurance
Cafeteria
Job Training
Soft Skill Training
Free Transport +6 more
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PwC Kolkata Office Locations

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Kolkata Office
Plot Nos 56 & 57 -57, Electronics Complex, DN Block, Sector V, Salt Lake City Kolkata
West Bengal 700091
Kolkata Office
Plot No Y-14, Block EP,Sector V, Salt Lake Electronics Complex,Bidhan Nagar,Kolkata Kolkata
700091

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