IN-Senior Associate_Non Life Actuarial Science _Actuarial Services FST_Advisory_Mumbai
PWC
4 - 7 years
Mumbai
Posted: 24/05/2025
Job Description
Line of Service
AdvisoryIndustry/Sector
FS X-SectorSpecialism
RiskManagement Level
Senior AssociateJob 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 a non-life actuarial professional with 4-7 years of experience.
You will be providing high-quality consulting and technical services to our clients both in India and overseas. Focusing on non-life insurance, you will work on actuarial consulting projects across multiple streams such as IFRS 17 implementation & assurance, audit reviews, M&A due diligence, staff augmentation etc.
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.
Responsibilities:
I. Qualification
4-7 years of actuarial experience in Insurance or Consulting Firms in Non-Life domain
At least 6 actuarial papers passed from IAI / IFoA as per the new curriculum
Prior experience with IFRS 17 / Ind AS 117 preferred
Prior experience of working in the India domestic market through insurance or consulting preferred
II. EXPERTISE
Expertise in one or more of: IFRS 17, reserving, pricing and product development, automation of actuarial processes
Thorough understanding of non-life insurance products and Indian statutory requirements preferred
Excellent knowledge of Excel
Working knowledge of Python and / or VBA preferred
III. INDIVIDUAL ATTRIBUTES
Strong communication and presentation skills
Strong analytical and problem-solving skills
Ability to interact with senior stakeholders
Works effectively in a team-oriented environment
Shows flexibility and adaptability in a fast-paced and constantly changing work environment.
Committed to continuous learning and personal development
Mandatory skill sets:
Non Life actuarial
Preferred skill sets:
IFRS 17
Years of experience required:
4 to 7 Years
Education qualification:
Graduation with At least 6 actuarial papers passed from IAI / IFoA as per the new curriculum
Education (if blank, degree and/or field of study not specified)
Degrees/Field of Study required: Bachelor DegreeDegrees/Field of Study preferred:Certifications (if blank, certifications not specified)
Required Skills
End of Life CareOptional 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 SpecifiedAvailable for Work Visa Sponsorship?
NoGovernment Clearance Required?
NoJob 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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