IN-Senior Associate_ Life Actuarial Science_Financial Services Risk_Advisory_Mumbai

Line of Service

Advisory

Industry/Sector

FS X-Sector

Specialism

Risk

Management Level

Senior 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 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 life actuarial professional with prior work experience in at least one of the areas -  IFRS 17 / Ind AS 117 implementation, Statutory Valuation, Pricing, Shareholder Reporting, Business Planning, Prophet Modelling, preferably in the Indian 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 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, 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:

Project ownership and delivery
Work independently on deliverables.

Interact with clients and make presentations

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:

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

Education qualification:

Graduation

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

Degrees/Field of Study required: Bachelor Degree

Degrees/Field of Study preferred:

Certifications (if blank, certifications not specified)

Required Skills

Actuarial Science

Optional Skills

Accepting Feedback, Accepting Feedback, Active Listening, Actuarial Science, Analytical Thinking, 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, Risk Analysis, Risk Model Implementation, Self-Awareness, Statistical Analysis Software, Statistical Consulting {+ 3 more}

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