Nicosia, Cyprus
21 hours ago
Actuarial Associate / Trainee, Actuarial Services (Ref: 548320WD)

Line of Service

Assurance

Industry/Sector

Not Applicable

Specialism

Actuarial Services

Management Level

Associate

Job Description & Summary

Are you ready to make a difference? Want to unlock new value by applying your unique perspective and talents? Here, you can grow—exponentially. 

Grow here. Go further. 

At PwC, we uncover hidden talents, build lifelong relationships and turn challenges into opportunities. We redefine possibilities for our clients and communities, supporting you in making a meaningful impact that reaches far beyond PwC. 

The Opportunity

With its 1,500+ strong actuarial community of professionals, PwC's global actuarial services team has a leading role in the industry, helping clients act decisively on their most important issues. We apply our risk and analytical skills to turn complex data into the predictive insights that inform practical business solutions.

Are you open to new challenges, self-motivated, agile and be able to leverage your existing skills by assisting the development of actuarial and statistical solutions to specific business problems? 

There is an exciting opportunity to become part of the fast growing and high calibre actuarial team of PwC Cyprus and contribute insurance advice and consulting services to clients such as insurers, regulators and financial institutions. 

We are seeking an Actuarial Associate / Trainee to join our practice and study towards the Institute and Faculty of Actuaries qualification.

You’ll work on Assurance, Reserving, Pricing, Risk and Capital projects across the Non-Life / Life insurance market, as well as multidisciplinary projects around areas such as transaction due diligence, analytics, strategic planning and transformation. 

Your Responsibilities 

■ Provide actuarial consulting services including reserving, pricing, risk and capital modelling and other multidisciplinary assignments.

■ Provide audit support in the assessment of client reserve balances and actuarial processes in accordance with both accounting and actuarial standards.

■ Work on exciting assignments with international teams and with our overseas member firm network.

■ Interact with clients, be a key member of the core engagement team on assignments.

■ Develop a thorough understanding of actuarial techniques and procedures and apply them to work products.

What You Bring

■ Be a new student member of the Institute and Faculty of Actuaries (IFoA) or an equivalent body, or a graduate holder of a University degree on mathematics, statistics, finance or any actuarial-based subject. 

■ Proven strong numerical and analytical skills. 

■ Excellent communication, organisational and interpersonal skills.

■ Proficient with Microsoft Office programmes.

■ Basic understanding of wider business issues facing the insurance industry.

Benefits

💸A competitive remuneration package with a 13th salary

🪙Provident Fund

🏥Medical Insurance

🏥Life Insurance

🚀Ongoing development and accelerated career

🧑‍💻Inclusive culture of innovation and excellence

🌎Global mobility opportunities

🤖Cutting-edge technology, such as ChatPwC, our AI-powered assistant

📚Study assistance and financial aid for professional qualifications

🕑 Hybrid working model

💻FlexMenu (such as FlexDay, FlexWeek, FlexPlace and many more)

🏃🏽‍♂️Friday afternoon off

🏝️Reduced work schedule during summer months

🏡Additional paid time off for significant life events, such as maternity and paternity

🧘🏼Wellness Initiatives like physio sessions & nutritionist

🎁Wedding/Civil Union & Child birth/adoption gifts

🤵Dress for the Occasion

🅿️Free parking

All applications will be treated in the strictest confidentiality.

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, Active Listening, Actuarial Science, Communication, Complex Data Analysis, Emotional Regulation, Empathy, Financial Data Mining, Financial Modeling, Financial Risk Analysis, Financial Risk Management, Inclusion, Intellectual Curiosity, Optimism, Presenting Financial Reports, Risk Analysis, Risk Model Implementation, Statistical Analysis Software, Statistical Consulting, Statistical Modeling, Strategic Forecasting, Teamwork, Well Being

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

September 9, 2025

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