Junior Actuarial Consultant

2 Months ago • 1-2 Years

Job Summary

Job Description

As a Junior Actuarial Consultant at PwC, you will contribute to a team providing actuarial advice on Solvency II, IFRS, economic capital, risk management, mergers & acquisitions, and more. Responsibilities include supporting actuarial audits, reviewing reports for technical reserves, preparing valuation reports, collaborating on projects, staying updated on industry trends, and maintaining professional ethics. The role involves working closely with cross-functional teams and clients, requiring strong communication skills in English and Romanian (German is a plus). You will work under supervision, especially in the initial phases of your responsibilities.
Must have:
  • Degree in economics/mathematics or equivalent
  • Actuarial science master's or equivalent exams
  • Strong MS Office skills
  • Excellent communication skills (English, Romanian)
  • Actuarial audit support
  • Review actuarial reports
Good to have:
  • Prior insurance/banking experience
  • Modeling, actuarial, or risk management experience
  • Programming skills (R, VBA, Python, Prophet)
  • German language skills
Perks:
  • Fixed salary
  • Meal/holiday tickets
  • Private medical subscription
  • Hybrid working policy
  • Flexible hours
  • Office massages
  • Bookster
  • Recreational events
  • Training curricula
  • Exam support

Job Details

Job Description & Summary

The Opportunity 

In the Junior Actuarial Consultant role, you will work as a member of the PricewaterhouseCoopers experts’ team. You’ll participate in providing advice covering Solvency II, IFRS, economic capital, risk management, mergers and acquisitions, company restructuring and risk control, financial modeling, underwriting, new legislation, and the efficiency of claims or reporting processes. 

As global game changers, our experts play big. Match your curiosity with continuous opportunities to learn, grow and make an impact. Join PwC and be a game changer.


What you will be doing:

  • Actuarial audit support for insurance companies, evaluating the effectiveness of internal controls and risk management processes with supervision.

  • Review actuarial reports and assessments for technical reserves in compliance with different accounting standards with supervision.

  • Prepare actuarial valuation reports subject to review and ensure compliance with relevant accounting standards.

  • Work closely with cross-functional teams to deliver comprehensive consultancy services that address the unique challenges of collaborating on local or international projects

  • Stay updated on industry trends, regulatory changes, and advancements in actuarial science;

  • Maintain high standards of professional ethics and integrity in all work activities.

What we need from you:

  • Educated to Degree level in economics or in mathematics or equivalent.

  • Actuarial science master or exams passed at the Institute of Actuaries from UK or equivalent represent a differentiator.

  • Prior experience in insurance/ banking industry, modeling, actuarial or risk management would be a great asset.

  • Strong computer skills in MS Office (Excel, Access, PowerPoint etc).

  • Programming skills are highly appreciated (especially in R, VBA, Python, Prophet).

  • Ability to communicate clearly with colleagues and clients at all levels both in English and Romanian. German is a plus. 

What we offer:

  • Fixed salary compensation.

  • Monthly budget for meal or holiday tickets and other available benefits.

  • Private medical subscription.

  • Hybrid working policy and flexible hours.

  • Office massages.

  • Bookster.

  • A happy and engaged team is a productive team - recreational events that foster engagement, creativity, and employee well-being.

  • Complete training curricula available (tailored courses, such as: Life reserving, Non-Life reserving, IFRS 17, Solvency II etc).

  • Actuarial Association Romanian/ IFoA/ ACCA exams support.

We appreciate the interest shown by all candidates. However, we wish to advise that only suitable candidates will be contacted.

#LI-SV1

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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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