Actuarial-Life - Technical-Senior Associate

Job Description

DescriptionLine of ServiceAssuranceIndustry/SectorFS X-SectorSpecialismAssuranceManagement LevelSenior AssociateJob Description & SummaryA career within Financial Markets Business Advisory services, will provide you with the opportunity to contribute to a variety of audit, regulatory, valuation, and financial analyses services to design solutions that address our clients complex accounting and financial reporting challenges, as well as their broader business issues.To really stand out and make us fit for the future in a constantly changing world, each and every one of us at PwC needs to be a purpose-led and values-driven leader at every level. To help us achieve this we have the PwC Professional; our global leadership development framework. It gives us a single set of expectations across our lines, geographies and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future.As a Senior Associate, youll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to:

• Use feedback and reflection to develop self awareness, personal strengths and address development areas.
• Delegate to others to provide stretch opportunities, coaching them to deliver results.
• Demonstrate critical thinking and the ability to bring order to unstructured problems.
• Use a broad range of tools and techniques to extract insights from current industry or sector trends.
• Review your work and that of others for quality, accuracy and relevance.
• Know how and when to use tools available for a given situation and can explain the reasons for this choice.
• Seek and embrace opportunities which give exposure to different situations, environments and perspectives.
• Use straightforward communication, in a structured way, when influencing and connecting with others.
• Able to read situations and modify behavior to build quality relationships.
• Uphold the firms code of ethics and business conduct.

You will play an integral role in supporting our life, annuity, and health clients in a variety of ways which includes the following but are not limited to:

• Supporting the audits of several of the largest insurers in the world. This includes public, private and mutual insurers. It also includes the insurance operations of several banks and private equity firms.
• Performing a variety of consulting projects that include financial reporting, capital reporting, product pricing. We also perform operational and organizational consulting for our clients.

• Supports buyers and sellers in merger and acquisition activities. This includes analysis of the underlying products and services as well as potential risks and other elements that affect the price of the deal.
• Performing detailed model validations of underlying reserves and other actuarially determined balances across multiple reporting and regulator bases. This work supports audits and consulting engagements.

Specific responsibilities include but are not limited to:

• Participating in a wide range of projects and collaborating across multiple work streams or teams; consistently demonstrating creative thinking, individual initiative and timely completion of assigned work.
• Consistently demonstrating teamwork dynamics by working as a team member: understanding personal and team roles; contributing to a positive working environment by building solid relationships with team members; proactively seek guidance, clarification and feedback.
• Ability to prepare deliverables within stringent deadlines.
• Keep up to date with local, national and international business and economic issues.
• Contribute to the development of your own and team s technical acumen.
• Serve as participant on communications with numerous Engagement teams

A career in this practice will provide you the opportunity to help organizations by providing actuarial and insurance services. You will have the opportunity to specialize in some of the following:

• Participate in providing clients advice and counsel in the areas of process improvement, risk and capital management, value analyses and actuarial and quantitative modeling;
• Participate in a wide range of projects; consistently demonstrating creative thinking and individual initiative;
• Participate in a wide range of projects; consistently demonstrating creative thinking and individual initiative;
• Demonstrate teamwork dynamics through working as a team member;
• Identify and address client needs; and,
• Demonstrate flexibility in prioritizing and completing tasks while exercising professional scepticism.
• Demonstrate ability to research and analyse pertinent client, industry, and technical matters;
• Experience demonstrating strong problem-solving skills and the ability to prioritize and manage multiple tasks;
• Ability to interact with various levels of client and firm management through both written and verbal communications; and,
• Ability to self-motivate and take responsibility for personal growth and development.

• Bachelor s in finance/Economics/Mathematics/Statistics (B. Com, B.A (Economics) B.Sc. with Economics / Mathematics / Statistics Hons) with focus on actuarial methods and principals along with following certifications / degree:
  • Actively pursuing Membership / Associateship of the Institute and Faculty of Actuaries / Institute of Actuaries of India (or equivalent) with a minimum of 2 Actuarial Exams
• Work Experience ranges as below:
  • Associate 0 to 1 year for the members / associate of Actuarial Institutions
  • Associate 2 1 to 2 years for the members / associate of Actuarial Institutions
• Work Experience from following organisations:
  • Big 4s similar experience
  • Any of the 24 registered Life Insurance Companies in India like LIC, HDFC Life, ICICI Pru, etc.
  • Financial Consultancy / Financial Advisor Companies Willis Towers Watson, Milliman, WNS Global Services, Numerica, Accenture
  • General Insurance Corporation of India (GIC)
  • Foreign Reinsurance Companies Swiss Re, Munich Re, Scor SE, Hannover Re, RGA Life, XL Insurance Company SE, General Reinsurance AG, AXA France Vie, Allianz Global Corporate & Specialist SE
• Advance knowledge on Microsoft Office especially Excel
• An additional knowledge of either of the following would be preferred:
  • Data Analytics Python, SQL
  • Visualization Tools (Tableau, PowerBI, QuickSight)
  • VBA programming
• Proficient written and verbal English communication skills
• Commitment to continuous training and to proactively learn new processes
• Team player committed to providing high quality and maintaining timeliness
• Demonstrated self-motivation and a desire to take responsibility for personal growth and development.

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)Desired Languages (If blank, desired languages not specified)Travel RequirementsNot SpecifiedAvailable for Work Visa Sponsorship NoGovernment Clearance Required NoJob Posting End DateSeptember 30, 2021,

Keyskills :
mislife insurancesalesbusiness advisory servicescode of ethicsproblem solvingqualitycustomer relationsprivate equityinsurancestatements of work sow