Senior Actuarial Consultant

1 Month ago • 3 Years +

About the job

Job Description

As a Senior Actuarial Consultant at PwC, you will provide actuarial advisory services to insurance companies. Responsibilities include supporting actuarial audits, evaluating internal controls and risk management, reviewing actuarial reports for technical reserves compliance (Solvency II, IFRS), presenting findings to clients, preparing valuation reports, and collaborating with cross-functional teams on local and international projects. You will stay updated on industry trends and regulatory changes. The role requires strong communication, technical skills, and adherence to professional ethics. Experience with modeling and risk management within the insurance or banking sectors is essential.
Must have:
  • 3+ years experience in insurance/banking
  • Degree in economics/mathematics
  • Strong MS Office skills
  • Excellent communication (English, Romanian)
  • Actuarial audit support
  • Report review and preparation
Good to have:
  • German language skills
  • Actuarial exams passed (UK or equivalent)
  • Programming skills (R, VBA, Python, Prophet)
Perks:
  • Fixed salary
  • Meal/holiday tickets
  • Private medical subscription
  • Hybrid working policy
  • Flexible hours
  • Office massages
  • Bookster
  • Recreational events
  • Training curricula
  • Exam support

Job Description & Summary


The Opportunity 

In the Senior 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.

  • Present findings and recommendations to clients and assist them in understanding the financial implications of actuarial valuation. 

  • 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:

  • At least 3 years of relevant working experience in insurance/ banking industry, modeling, actuarial or risk management

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

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

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

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

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

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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