Actuarial Senior Associate

Details of the offer

Description
Management Level
Senior Associate
Job Description & Summary
A career within Actuarial Services, will provide you with the opportunity to contribute general insurance advice and consulting services to clients such as insurers, banks, regulators, and third party administrators. You'll provide advice covering solvency, economic capital, risk management, mergers and acquisitions, company restructuring and risk control, financial modelling, underwriting, new legislation, and the efficiency of claims or reporting processes. Simply put, you might help analyse the impact that new regulation will have on an insurance company's balance sheet or you could be revising businesses' projections and making sure they have adequate reserves.
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, you'll 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 firm's code of ethics and business conduct.
JOB PURPOSE
Working on a range of banking risk projects such as impairment and capital model development and review. Resources are specifically needed for IFRS9 projects that have been won and ones being proposed for.
PRINCIPAL ACCOUNTABILITIES
The principle accountabilities will be:
Developing and maintaining client relationships
Management of banking audit support engagements
Managing and forming part of banking risk project teams
Researching and staying up to date with banking risk related regulations
Assisting on banking risk IP such as IFRS 9 prototype models
MINIMUM QUALIFICATIONS
Mathematical, statistical or actuarial degree
Mathematical or statistical honours or masters or professional qualification such as FRM, CFA or Actuarial.
EXPERIENCE
3-5 years of experience in a consulting/banking
Environment
Prior consulting experience is beneficial although not critical.
KEY KNOWLEDGE & SKILLS
Knowledge of banking environment and credit risk
Ability to program. Ideally in SAS, Matlab, R or VBA
.
Travel Requirements
Not Specified
Available for Work Visa Sponsorship?
No
Job Posting End Date
October 31, 2024


Nominal Salary: To be agreed

Source: Pwc

Job Function:

Requirements

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