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. About the role
The world of Risk and Regulation is changing; join us on the journey and be part of creating a new and relevant financial services industry.
Our Financial Services Risk and Regulation (FSRR) team is made up of 50 partners and 800 professional staff and our number and capabilities are expanding every day. In recognition of the need to invest in the future growth of the practice, we are seeking Consultants from a non-life insurance background to join our Actuarial Services practice.
You will 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 with Solvency II internal models and risk management;
- Experience of various software packages (ie IGLOO, ReMetrica or Tyche), including design, development, implementation and use.
About PwC
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.
About The Practice
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 play the leading role in the 800 strong actuarial community in PwC worldwide.
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, and we provide support to clients in relation to all aspects of general insurance including reserving, 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.
We are recognised as one of the leaders in the development of Solvency II best practice in the UK and we are building a strong platform as a post-Solvency II business. Our clients include all the leading UK insurers and European multinationals. We have a strong sense of culture developed over our 25-year history.
The skills we look for in future employees.All our people need to demonstrate the skills and behaviours that support us in delivering our business strategy. This is important to the work we do for our business, and our clients. These skills and behaviours make up our global leadership framework, 'The PwC Professional' and are made up of five core attributes; whole leadership, technical capabilities, business acumen, global acumen and relationships.
Learn more here:
The DealWe want all of our people to feel empowered to be the best that they can be, which is why we have 'The Deal'.
Find out more about our firmwide Employee Value Proposition:
Diversity Valuing Difference. Driving Inclusion.
We work in a changing world which offers great opportunities for people with diverse backgrounds and experiences. We seek to attract and employ the best people from the widest talent pool because creating value through diversity is what makes us strong as a business, enabling us to solve important problems and deliver value to our clients. We encourage an inclusive culture where people can be themselves, are valued for their strengths and are empowered to be the best they can be. As an organisation with an increasingly agile workforce, we also support different ways of working offering flexible working arrangements.
Learn more here about our work to support an inclusive culture:
