IN-Associate _ Life Actuarial Science _Actuarial Services_Advisory

10 Hours ago • 3 Years +

Job Summary

Job Description

As an IN-Associate, you will be part of the Actuarial Services team, focusing on maintaining regulatory compliance and managing risks for clients. You will provide advice and solutions, helping organizations navigate complex regulatory landscapes and enhance internal controls to mitigate risks. Key responsibilities include working with IFRS 17 / Ind AS 117, Statutory Valuation, Pricing, Shareholder Reporting, and Business Planning. Additionally, you will be involved in managing projects, interacting with senior stakeholders, and utilizing your expertise in actuarial modeling and life insurance products.
Must have:
  • Prior experience with IFRS 17 / Ind AS 117
  • Experience in Statutory Valuation, Pricing, Reporting or Modelling
  • Understanding of life insurance products and Indian requirements
  • Excellent knowledge of Excel
Good to have:
  • Working knowledge of Prophet, Python or VBA
  • Experience in the India domestic market through insurance or consulting

Job Details

Line of Service

Advisory

Industry/Sector

Not Applicable

Specialism

Risk

Management Level

Associate

Job Description & Summary

At PwC, our people in risk and compliance focus on maintaining regulatory compliance and managing risks for clients, providing advice, and solutions. They help organisations navigate complex regulatory landscapes and enhance their internal controls to mitigate risks effectively.

In regulatory risk compliance at PwC, you will focus on confirming adherence to regulatory requirements and mitigating risks for clients. You will provide guidance on compliance strategies and help clients navigate complex regulatory landscapes.

*Why PWC

At PwC, you will be part of a vibrant community of solvers that leads with trust and creates distinctive outcomes for our clients and communities. This purpose-led and values-driven work, powered by technology in an environment that drives innovation, will enable you to make a tangible impact in the real world. We reward your contributions, support your wellbeing, and offer inclusive benefits, flexibility programmes and mentorship that will help you thrive in work and life. Together, we grow, learn, care, collaborate, and create a future of infinite experiences for each other. Learn more about us.

At PwC, we believe in providing equal employment opportunities, without any discrimination on the grounds of gender, ethnic background, age, disability, marital status, sexual orientation, pregnancy, gender identity or expression, religion or other beliefs, perceived differences and status protected by law. We strive to create an environment where each one of our people can bring their true selves and contribute to their personal growth and the firm’s growth. To enable this, we have zero tolerance for any discrimination and harassment based on the above considerations. "

Job Description & Summary: ● Prior experience with IFRS 17 / Ind AS 117 ● Prior experience in atleast one of the following areas - Statutory Valuation, Pricing, Shareholder Reporting, Business Planning, Prophet Modelling

Responsibilities:

● I. Qualification

● Preferably 1 or more years of experience in Insurance or Consulting Firms in Life Domain

● Prior experience with IFRS 17 / Ind AS 117

● Prior experience in atleast one of the following areas - Statutory Valuation, Pricing, Shareholder Reporting, Business Planning, Prophet Modelling

● Prior experience of working in the India domestic market through insurance or consulting preferred

● Prior experience managing multiple projects and interacting with senior stakeholders

● II. EXPERTISE

● Thorough understanding of life insurance products, Indian statutory requirements, shareholder reporting

● Preferably, expertise in one or more of: reserving, pricing and product development, automation of actuarial processes, shareholder reporting, business planning, Prophet Modelling

● Ability to manage projects and resources

● Ability to interact with senior stakeholders in client entities etc.

● Excellent knowledge of Excel

● Working knowledge of Prophet, Python and / or VBA preferred ● ●

● III. INDIVIDUAL ATTRIBUTES

● Strong communication skills and presentation skills

● Ability to interact with senior stakeholders

● Managerial abilities

Mandatory skill sets: Life ACtuarial

Preferred skill sets:

Pricing / IFRS 17

Years of experience required:

3+ Years

Education qualification:

Graduation with Actuarial papers

Education (if blank, degree and/or field of study not specified)

Degrees/Field of Study required: Chartered Accountant Diploma, Master of Business Administration

Degrees/Field of Study preferred:

Certifications (if blank, certifications not specified)

Required Skills

Actuarial Modeling

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

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About The Company

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 152 countries with over 327,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity.


Content on this page has been prepared for general information only and is not intended to be relied upon as accounting, tax or professional advice. Please reach out to your advisors for specific advice.

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