IN_Manager_ Non Life Actuarial Science_Actuarial Services_Advisory_Mumbai
PWC
5 - 10 years
Mumbai
Posted: 12/17/2024
Job Description
Line of Service
AdvisoryIndustry/Sector
FS X-SectorSpecialism
RiskManagement Level
ManagerJob 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:
I. Qualification
1. Preferably 7 or more years of experience in Insurance or Consulting Firms in Non-life Domain
2. Qualified non-life actuary or actuary close to qualification preferred
3. Prior experience with IFRS 17 / Ind AS 117
4. Prior experience of working in the India domestic market through insurance or consulting preferred
5. Prior experience managing multiple projects and interacting with senior stakeholders
II. EXPERTISE
6. Thorough understanding of non-life insurance products, Indian statutory requirements, shareholder reporting
7. Preferably, expertise in one or more of: reserving, pricing and product development, automation of actuarial processes
8. Ability to manage projects and resources
9. Ability to interact with senior stakeholders in client entities etc.
10. Excellent knowledge of Excel
11. Working knowledge of Python and / or VBA preferred
III. INDIVIDUAL ATTRIBUTES
12. Strong communication skills and presentation skills
13. Ability to interact with senior stakeholders
14. Managerial abilities
Mandatory skill sets:
Non-Life Actuarial experience
Preferred skill sets:
IFRS 17 / Ind AS 117
Years of experience required:
7+ Years
Education qualification:
Graduation with Qualified non-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 17Desired Languages (If blank, desired languages not specified)
Travel Requirements
Available for Work Visa Sponsorship?
Government Clearance Required?
Job Posting End Date
About Company
PricewaterhouseCoopers (PwC) is a global professional services firm providing audit, tax, and consulting services. PwC helps organizations manage financial risks, comply with regulations, and improve performance through its expertise in industries like finance, healthcare, and technology.
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