Life Actuary - Senior Associate
- Employer
- PwC
- Location
- London, United Kingdom
- Salary
- Competitive
- Closing date
- 12 Oct 2023
View more
- Sector
- Accounting - practice
- Salary band
- Competitive
- Contract type
- Permanent
- Hours
- Full Time
- Where will they be working?
- Hybrid - mostly office
Job Details
About the team:
The PwC Actuarial practice comprises over 300 partners and staff. With offices in London, Edinburgh, Manchester, Bristol and Mumbai, our consultants focus on non-life, life, banking and non-insurance, led by a fifteen strong partner team. This makes us the largest actuarial practice within the large accounting firms. We play the leading role in the 1000+ strong actuarial community in PwC worldwide and often work with specialists from other disciplines within PwC.
Job description:
A career in our Actuarial Life Services practice, within Actuarial Services, will provide you with the opportunity to contribute general insurance advice and consulting services to clients such as insurers, banks, regulators, and third party administrators. You'll provide advice covering solvency, economic capital, risk management, mergers and acquisitions, company restructuring and risk control, financial modelling, underwriting, new legislation, and the efficiency of claims or reporting processes. Simply put, you might help analyse the impact that new regulation will have on an insurance company's balance sheet or you could be revising businesses' projections and making sure they have adequate reserves. Our team helps insurers address new financial reporting requirements by assessing the financial and business impacts of regulations, building implementation plans, and implementing relevant requirements, particularly across areas of financial reporting change.
Responsibilities:
As a Senior Associate, you'll work as part of a team of problem solvers with extensive consulting and industry experience, helping our clients solve their complex business issues from strategy to execution. Specific responsibilities include but are not limited to
- Proactively assist in the management of a portfolio of clients, while reporting to Directors and above
- Be involved in the financial management of clients
- Be actively involved in business development activities to help identify and research opportunities on new/existing clients
- Contribute to the development of your own and team's technical acumen
- Develop strategies to solve complex technical challenges
- Assist in the management and delivering of large projects
- Be flexible and have the ability to multitask effectively
- Train, coach, and supervise staff
- Keep up to date with local and national business and economic issues
- Continue to develop internal relationships and your PwC brand
Required Experience:
- You will ideally have in-depth knowledge of either Prophet Modelling or IFRS17,
- We are looking for individuals with relevant experience, or who are looking for new challenges and believe that they can leverage their existing skills in a new environment.
- You should be able to work well as part of a team.
- You should be responsible, decisive, clear thinking and motivated.
- You will have experience in insurance and either be close to or have completed all of your actuarial exams.
- You will be interested in supporting a wide range of engagements in the life insurance space, including audit support and have the agility to develop your capabilities as part of your development journey with PwC.
- In recognition of the need to invest in future growth of the life insurance practice, you'll not only have demonstrated relevant technical skills and experience, but also have the potential over time and with development support, to move on to play a more active role in key client accounts and product areas, using your strong relationship and people management skills.
Company
Our values define how we do things. And our purpose is why we exist - now more than ever - to build trust in society and solve important problems for our clients and our communities. In a world we no longer recognise, we need to rely on the strength and agility of our people to help us to navigate these uncertain times.
We're committed to ensuring that care and our people's wellbeing remains central to our culture. While we may not know what’s ahead, we can do all we can to help shape the future. As we continue to navigate this unprecedented time, it’s important that we support our people, to help them take care of themselves and to ensure the right support is available when it’s needed.
For now, we ask you to join our talent network and stay in touch with what’s happening in real time, including new possibilities as they arise. Visit our website for more information on how we’re responding to this pandemic and what changes we’re making to our recruitment process.
Stay safe and stay connected in this rapidly changing world.
PwC
Opportunities are at the heart of a career with us. Opportunities for you to sharpen your skills, collaborate with experts, build lasting relationships and make an impact in a place where people, quality and value mean everything.
Our offer to you...
· Be part of the world’s leading professional services network and enjoy the benefits that come with that.
· Meet and collaborate with highly talented people from diverse backgrounds, developing new ways of thinking, creating value for you, for PwC and for our clients.
· Work in a challenging and stimulating environment where you’ll be inspired to reach your full potential.
· Identify and develop your skills, build on your existing strengths and discover new ones you didn’t know you had. Watch your expertise and influence grow with us.
The PwC deal
No matter which area of the business you choose to join, all offer the same deal. The opportunity to grow as an individual, to meet new people, and build lasting relationships that will stay with you for life. All whilst making an impact in a place where people, quality, and value, mean everything. Your hard work will be rewarded with a competitive salary and a personally tailored benefits package.
What you need to bring to us
Your intellect, willingness to learn, ability to build relationships, put yourself in others’ shoes, while always making a positive impact with our clients and each other.
The skills, insights and connections you develop at PwC are career defining wherever your career may take you. It’s the opportunity of a lifetime. Take it.
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