IN-Associate Non Life Actuarial Actuarial ServicesAdvisoryChennai

Job Description & Summary:

The Team (FST)

Financial Services & Treasuryis part of the wider PwC Advisory services in India andcomprisessubject matter experts with deep industry experience and from varied backgrounds including banking insurance risk management treasury rating analyst information technologyandactuarialconsulting.

The actuarial services capability of FST works onproduct development pricing of insurance productsstatutory / shareholdervaluationaccounting asperIGAAP/IFRS 17 risk management and asset liability addition the capability helps and supports clients in performing required regulatory reviews due diligence for potential buyers/sellers managing their insurance liability requirementstransitioningto new regulatory and marketrequirementsand offering new products totheircustomers.

The Role

The role is for anon-lifeactuarial professionalwith 4-7 years of experience and prior experience with IFRS 17.

You will be providinghigh-qualityconsulting and technical services to our clients both in India and overseas.Focusing on non-life insurance you will work on actuarial consulting projects across multiple streams such as IFRS 17 implementation & assurance audit reviews M&A due diligence staff augmentation etc.

Therole offers the opportunity to be a part of a fast-paced growing consulting team focused on solving challenging problems through collaboration and team effort.

Responsibilities:

I.Qualification

:2 to 4 years of actuarialexperience

: Prior experience with IFRS 17 / Ind AS 117

: At least 3 years of non-life or life insurance experience

Prior experience with non-life insurance preferred.

Preferably at least 4 actuarial papers passed from IAI /IFoAas per the new curriculum

II. EXPERTISE

ExpertiseinIFRS 17 and preferably other aspects of actuarial work

Thorough understanding ofnon-life insurance productsandIndian statutory requirementspreferred

Excellent knowledge of Excel

Working knowledge of Python and / or VBA preferred

III. INDIVIDUAL ATTRIBUTES

Strong communicationand presentation skills

Stronganalytical and problem-solving skills

Ability to interact with senior stakeholders

Works effectively in a team-oriented environment

Shows flexibility and adaptability in a fast-paced and constantly changing work environment.

Committedto continuous learning and personal development

Location is bothChennai / Mumbai

Mandatory skill sets:

IFRS17 / INDAS 117
General Insurance

Preferred skill sets:

Valuation and Reporting
Understanding ofResQ and similar s/w

Years of experience:

2 to 4 Years

Education qualification:

• Graduation andat least 4 actuarial papers passed from IAI /IFoAas per the new curriculum