Actuarial Senior Associate

3 Months ago • 3-5 Years

Job Summary

Job Description

Actuarial Senior Associate needed for banking risk projects, IFRS9 expertise a plus. 3-5 years experience in consulting/banking, strong programming skills (SAS, Matlab, R, or VBA) required.
Must have:
  • Banking Risk
  • IFRS9 Expertise
  • Programming Skills
  • Consulting Experience
Good to have:
  • SAS Programming
  • Matlab Programming
  • R Programming
  • VBA Programming

Job Details

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


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About The Company

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 152 countries with over 327,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity.


Content on this page has been prepared for general information only and is not intended to be relied upon as accounting, tax or professional advice. Please reach out to your advisors for specific advice.

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