Line of Service

Assurance

Industry/Sector

Insurance

Specialism

Actuarial Services

Management Level

Manager

Job Description & Summary

In actuarial services at PwC, you will be responsible for analysing and managing financial risks for clients through statistical modelling and data analysis. Your work will generate valuable insights and recommendations to help businesses make informed decisions and mitigate potential risks.

You will be responsible for managing an actuarial team and the role would include working closely with both audit and non-audit clients in the insurance industry and the multi-disciplinary PwC insurance teams in order to advise and provide assurance to our clients on various matters, such as: 

Solvency II, including the assessment of regulatory capital requirements; 

Reserving, including valuation of technical provisions in line with Solvency II principles and financial statement reserving; 

risk management and corporate governance as they relate to our insurance clients; 

matters relating to the insurance license application process; 

IFRS 17 ('Insurance Contracts') concepts, including cash flow and risk adjustment estimation. 

The skill set and experience required to be successful in this role includes: 

Demonstrable work experience (5+ years) in actuarial insurance related areas – Experience in risk and capital modelling, and a strong understanding of reserving, underwriting and catastrophe risks, including in particular exposure to Solvency II regulation (review of SFCRs, SCR calculations, etc.); 

Prior Big 4 experience would be preferred 

Good understanding of a broad range of commonly used reserving techniques and the key reserving issues faced by the insurance industry; 

Be able to communicate complex technical matters in a clear way, have strong interpersonal skills and good all-round commercial awareness; 

Having strong project and financial management skills. The ability to manage, and work in a team and deliver to budget and within timescales is an important skill; 

Being flexible, have the ability to multi-task effectively and have strong technical, problem identification and analytical skills; 

Strongly committed to both personal and corporate success – Be self-motivated, in particular taking responsibility for personal development in technical and broader consulting skills; 

Knowledge in IFRS 17 is considered to be an asset; 

Qualification by the IFoA (or equivalent) is considered to be an asset. 

Create your future with us

At PwC we strive to solve important problems. By joining our Firm, you are joining a community of human-led and tech powered solvers that leads with the heart and lives by our values . Our focus is on helping you realize your full potential by providing you with a healthy working environment, a dedicated learning journey, as well as the required flexibility to achieve your desired work life balance.

Bring your whole self to PwC and discover how far you can go. This opportunity is ideal for you if you are eager to embark on a journey to invest in your career development and are also excited to collaborate with experts in the field. We have people from all walks of life, and we are committed to a world where everyone is seen and heard, so let’s re-imagine the possible together.

But that is not all! At PwC we provide various benefits such as:

Continuous personal and professional growth through our Learning and Development Program

A dedicated Career Coach assigned to you to focus on helping you set your career path and reach your personal and professional goals

A Wellbeing Program, which includes an Employment Assistance Program and Fitness initiative 

Annual performance appraisals

A dynamic, diverse and young environment 

International opportunities 

An open door policy 

Regular social and sports activities 

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, Coaching and Feedback, 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, Professional Courage, Relationship Building, Risk Analysis, Risk Model Implementation {+ 8 more}

Desired Languages (If blank, desired languages not specified)

Travel Requirements

Available for Work Visa Sponsorship?

Government Clearance Required?

Job Posting End Date