PwC - Actuarial Role

We are hiring Actuarial Science freshers for our team,if you are keen on the opportunity please go through the Job Description below and share an updated copy of your CV.

Job Description:

You will play an integral role in leveraging sophisticated actuarial software to develop, test and run models that perform a variety of complex calculations for our life insurance clients 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.

Primarily using Axis and Prophet but also using other vendor software or work on models developed by our clients.

Designing, building and testing new models for our clients. We also convert existing models to models supported by other vendors. The models are used for financial and capital reporting, testing clients models, and mergers and acquisitions activities.

Using these actuarial models, our team also performs valuation and reporting services for our clients as part of our managed service offering.

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 technical actuarial services. You will have the opportunity to specialize in some of the following:

Demonstrating extensive thorough knowledge of, and/or success in managerial roles involving, technical actuarial subject matter specialization in Life industry and regulatory developments.

Demonstrating some proven knowledge of database structures and data process flows.

Demonstrates proven abilities and/or success with using actuarial software, Prophet.

Demonstrating some proven abilities and/or success as a team leader: creating a positive environment by monitoring workloads of the team while meeting client expectations and respecting the work-life quality of team members; providing candid, meaningful feedback in a timely manner; keeping leadership informed of progress and issues; answering questions and providing direction to less-experienced staff.

Demonstrating some proven level abilities and/or success with writing, communicating, facilitating, and presenting cogently; to and/or for all levels of industry audiences, clients and internal staff and management.

Requirements

Bachelors in finance/Economics/Mathematics/Statistics (B. Com, B.A (Economics) B.Sc. with Economics / Mathematics / Statistics Hons) with focus on actuarial methods and principles along with following certifications / degree:

Minimum 4 papers cleared under the new curriculum form the Institute and Faculty of Actuaries / Institute of Actuaries of India (or equivalent)

Certification requirement may be waived if the candidate has more experience in the relevant field

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.