About the role:
We’re one of the world’s leading professional services organisations. From 158 countries, we help our clients, some of the most successful organisations on the globe, as well as its most dynamic entrepreneurs and thriving private businesses, to create the value they want. We help to measure, protect and enhance the things that matter most to them. The PwC Actuarial Services practice comprises over 250 partners and staff. With offices in London, Edinburgh, Manchester, Bristol and Mumbai, our consultants focus on non-life, life, banking and non-insurance, led by a twelve strong partner team. This makes us the largest actuarial practice within the large accounting firms. We collaborate across our 800 strong actuarial community in PwC worldwide. A career as a Senior Associate 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.
What your days will look like:
We are planning to expand against a background of high client demand for our services
We have unrivalled client base and breadth of project types,
We provide support to clients in relation to all aspects of general insurance including reserving, pricing, Solvency II, corporate restructuring and liability management, mergers & acquisitions and IPOs, financial modelling, risk management solutions, audit support and IFRS 17, both in the UK and across Continental Europe.
Our clients include all the leading UK insurers and European multinationals. We have a strong sense of culture developed over our 25-year history.
This role is for you:
You'll have a strong background either as a recognised general insurance consultant or have successfully delivered significant, actuarially related projects from within the general insurance industry.
You'll have significant experience in general insurance work, including Risk and capital
A good understanding of non life capital models
Exposure to reserving and pricing would be beneficial within London/Lloyds market and/or the Personal & Commercial lines markets.
Experience performing reserve reviews and / or Statments of Actuarial Opinion.
Involvement in buy / sell-side due diligence.
What you’ll receive from us:
No matter where you may be in your career or personal life, our benefits are designed to add value and support, recognising and rewarding you fairly for your contributions. We offer a range of benefits including empowered flexibility and a working week split between office, home and client site; private medical cover and 24/7 access to a qualified virtual GP; six volunteering days a year and much more.
