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

Advisory

Industry/Sector

FS X-Sector

Specialism

Risk

Management Level

Senior Associate

Job 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- 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 Degree

Degrees/Field of Study preferred:

Certifications (if blank, certifications not specified)

Required Skills

End of Life Care

Optional 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 Specified

Available for Work Visa Sponsorship?

No

Government Clearance Required?

No

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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