IN_Manager_ Life Actuarial Science_Financial Services Risk_Advisory_Mumbai

1 Month ago • 7 Years + • Legal

Job Summary

Job Description

This role is for an experienced non-life actuarial professional with prior IFRS 17/Ind AS 117 implementation experience, preferably in the Indian non-life insurance industry. You'll provide high-quality consulting and technical services to clients in India and overseas, working on actuarial consulting projects like IFRS 17 implementation & assurance, audit reviews, M&A due diligence, and staff augmentation. You'll manage multiple projects, interact with senior stakeholders, and design new actuarial service propositions. Responsibilities include managing projects and resources, interacting with senior stakeholders, and ensuring high-quality client service. The role demands a thorough understanding of life insurance products, Indian statutory requirements, shareholder reporting, and excellent Excel and communication skills. Prior experience in Statutory Valuation, Pricing, Shareholder Reporting, IFRS 17/Ind AS 117 Reporting, Business Planning, or Prophet Modeling is beneficial.
Must have:
  • Thorough understanding of life insurance products
  • Indian statutory requirements knowledge
  • Excellent Excel and communication skills
  • IFRS 17/Ind AS 117 Reporting experience
  • Project & resource management skills
Good to have:
  • Prophet, Python, or VBA knowledge
  • Experience in India's domestic insurance market
  • Experience in Statutory Valuation, Pricing, Shareholder Reporting, Business Planning

Job Details

Line of Service

Advisory

Industry/Sector

FS X-Sector

Specialism

Risk

Management Level

Manager

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 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.

*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:

The role is for an experienced non-life actuarial professional with prior work experience in the IFRS 17 / Ind AS 117 implementation, preferably in the Indian non-life insurance industry.

You will be providing high-quality consulting and technical services to our clients both in India and overseas. The role offers the opportunity to be a part of a fast-paced, growing consulting team focused on solving challenging problems through collaboration and team effort.

Focusing on non-life insurance, you will be involved in managing, working on, and engaging with clients for actuarial consulting projects across multiple streams such as IFRS 17 implementation & assurance, audit reviews, M&A due diligence, staff augmentation etc. You will also be involved in designing new propositions for actuarial services to be offered to clients in the insurance industry and beyond.

Responsibilities:

Managing multiple projects and interacting with

senior stakeholders
Ability to manage projects and resource

Mandatory skill sets:

Thorough understanding of life insurance products,
Indian statutory requirements, shareholder reporting
Excellent knowledge of Excel
Strong communication skills
Prior experience in at least one of the following areas - Statutory Valuation, Pricing, Shareholder,
IFRS 17 / Ind AS 117 Reporting, Business Planning, Prophet Modelling

Preferred skill sets:

Prior experience of working in the India domestic market through insurance or consulting preferred
Working knowledge of Prophet, Python and / or VBA preferred

Years of experience required:

7 or more years of experience in Insurance or Consulting Firms in Life Domain

Education qualification:

Qualified life actuary or actuary close to qualification preferred

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

IFRS 17

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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