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Senior Associate - Life Actuarial


PricewaterhouseCoopers Professional Services LLP


Location

Mumbai | India


Job description

A. Our Purpose: At PwC, our purpose is to build trust in society and solve important problems.

B. About PwC: Were a network of firms in 158 countries with over 250,000 people who are committed to delivering quality in assurance, advisory and tax services. In India, PwC has offices in Ahmedabad, Bengaluru, Bhopal, Chennai, Dehradun, Delhi NCR, Hyderabad, Kolkata, Mumbai, Pune, Raipur and Shimla. Find out more at

C. About the team: FSTRM - We are a team that includes subject matter experts with deep industry experience and from varied backgrounds including world bank, insurance, regulator, risk management, treasury, banking, information technology and consulting. This enables us to address a variety of client issues.

The teams skill sets, and competencies span multiple fields that demand an in-depth knowledge of quantitative methods across risk analytics, predictive and decision modelling, advanced analytics like ML/AI, actuary, capital estimations, pricing of financial instruments including derivatives and regulatory remediation.
The actuarial projects focus on wide array of requirements varying from due diligence, product development, actuarial audit, actuarial modelling and with current focus on IFRS 17.

D. Job Title: Senior Associate Actuarial
E. Function: FSTRM, Actuarial
F. Location: Mumbai/Gurgaon

G. REQUIREMENTS

I. QualificationS & EXPERIENCE
1. Minimum Bachelors degree or equivalent in Mathematics, Actuarial Science or related field
2. Minimum 7 actuarial Exam - with minimum 4-7 years of experience in Insurance or Consulting Firms

II. EXPERTISE
1. Thorough understanding of life insurance products, Indian statutory requirements and experience in Product Pricing, Modelling, Reserving or Financial Reporting.
2. IFRS 17 and Solvency II understanding is an added advantage
3. Prophet skills add significant advantage. Other actuarial software including SQL, Python, GGY-Axis is an added advantage
4. The candidate should have prior experience of working in the India domestic market through insurance or consulting.

III. INDIVIDUAL ATTRIBUTES
1. Strong communication skills
2. Ability to be part of an analytics driven, multi-cultural team and work independently as well
3. Good attitude and be a part of team player
4. Ability to interact and make presentations

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