28 days ago
29 May 00:00
Job Description & Summary
A career within PwC’s Actuarial team will provide you with the opportunity to provide a range of assurance and consulting services to a variety of clients from small, fast growing clients to large entities operating predominantly within the insurance sector. Our clients are often well known brands and many have broad international reach.
The applicant will be responsible for managing an energetic actuarial team and the role would include working closely with both audit and non-audit clients in the insurance industry and the multi-disciplinary PwC insurance team in order to advise and provide assurance to our clients on various matters, including:
all areas relating to Solvency II, including the assessment of regulatory capital requirements;
- valuation of technical provisions in line with Solvency II principles and IFRS;
risk management and corporate governance as they relate to our insurance clients;
matters relating to the insurance license application process;
adoption of IFRS 17 ('Insurance Contracts').
The skill set and experience required to be successful in this role includes :
Demonstrable work experience (5+ years) in actuarial insurance related areas – Experience in risk and capital modelling, and a strong understanding of reserving, underwriting and catastrophe risks, including in particular exposure to Solvency II regulation (drafting of ORSAs, SCR calculations, etc.);
Good understanding of a broad range of commonly used reserving techniques and the key reserving issues faced by the insurance industry;
Be able to communicate complex technical matters in a clear way, have strong interpersonal skills and good all-round commercial awareness;
Having strong project and financial management skills. The ability to manage, and work in a team and deliver to budget and within timescales is an important skill;
Being flexible, have the ability to multi-task effectively and have strong technical, problem identification and analytical skills;
Strongly committed to both personal and corporate success – Be self-motivated, in particular taking responsibility for personal development in technical and broader consulting skills;
Knowledge in IFRS 17 is considered to be an asset;
Qualification by the IFoA (or equivalent) is a must.