Assurance - Actuarial Science - Life technical - Associate - KolkataBangaloreHyderabad
Assurance - Actuarial Science - Life technical - Associate - KolkataBangaloreHyderabad
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Job Description
Line of Service
AssuranceIndustry/Sector
FS XSectorSpecialism
AssuranceManagement Level
AssociateJob Description & Summary
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. Youll 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 companys balance sheet or you could be revising businesses projections and making sure they have adequate reserves.To really stand out and make us fit for the future in a constantly changing world each and every one of us at PwC needs to be a purposeled and valuesdriven leader at every level. To help us achieve this we have the PwC Professional; our global leadership development framework. It gives us a single set of expectations across our lines geographies and career paths and provides transparency on the skills we need as individuals to be successful and progress in our careers now and in the future.
As an Associate youll work as part of a team of problem solvers helping to solve complex business issues from strategy to . PwC Professional skills and responsibilities for this management level include but are not limited to:
- Invite and give in the moment feedback in a constructive manner.
- Share and collaborate effectively with others.
- Identify and make suggestions for improvements when problems and/or opportunities arise.
- Handle manipulate and analyse data and information responsibly.
- Follow risk management and compliance procedures.
- Keep uptodate with developments in area of specialism.
- Communicate confidently in a clear concise and articulate manner verbally and in the materials I produce.
- Build and maintain an internal and external network.
- Seek opportunities to learn about how PwC works as a global network of firms.
- Uphold the firms code of ethics and business conduct.
You will play an integral role in supporting our life annuity and
health clients in a variety of ways 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.
Performing a variety of consulting projects that include
financial reporting capital reporting product pricing. We
also perform operational and organizational consulting for
our clients.
Supports buyers and sellers in merger and acquisition
activities. This includes analysis of the underlying
products and services as well as potential risks and other
elements that affect the price of the deal.
Performing detailed model validations of underlying
reserves and other actuarially determined balances across
multiple reporting and regulator bases. This work
supports audits and consulting engagements.
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 teams
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 actuarial and insurance
services. You will have the opportunity to specialize in some of
the following:
Participate in providing clients advice and counsel in the
areas of process improvement risk and capital
management value analyses and actuarial and
quantitative modeling;
Participate in a wide range of projects; consistently
demonstrating creative thinking and individual initiative;
Participate in a wide range of projects; consistently
demonstrating creative thinking and individual initiative;
Demonstrate teamwork dynamics through working as a
team member;
Identify and address client needs; and
Demonstrate flexibility in prioritizing and completing
tasks while exercising professional scepticism.
Demonstrate ability to research and analyse pertinent
client industry and technical matters;
Experience demonstrating strong problemsolving skills
and the ability to prioritize and manage multiple tasks;
Ability to interact with various levels of client and firm
management through both written and verbal
communications; and
Ability to selfmotivate and take responsibility for
personal growth and development.
Bachelors in finance/Economics/Mathematics/Statistics (B.
Com B.A (Economics) . 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 selfmotivation and a desire to take
responsibility for personal growth and development.
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 BeingDesired Languages (If blank desired languages not specified)
Travel Requirements
Not SpecifiedAvailable for Work Visa Sponsorship
NoGovernment Clearance Required
NoJob Posting End Date
Required Experience:
IC
Employment Type
Full-Time
