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    Non-Life Actuary - London, United Kingdom - Pwc UK

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    Description

    About Risk

    We are a leading provider of trust in the digital world, highly respected by our people, clients, and stakeholders. The current business landscape is more intricate and interconnected than ever before. Companies are not only encountering new risks but also discovering unexplored opportunities. Our team is at the forefront of this transformation, playing a key role in reshaping perceptions and maximizing the benefits of risks.

    About the team:

    • The PwC Actuarial practice is composed of over 300 partners and staff across various locations including London, Edinburgh, Manchester, Bristol, and Mumbai.
    • Our consultants specialize in non-life, life, banking, and non-insurance, led by a strong partner team of fifteen members.
    • We are the largest actuarial practice among major accounting firms, globally engaging with a community of over 1000 actuarial professionals within PwC.
    • We collaborate with experts from diverse disciplines within PwC to deliver comprehensive services.

    A career within the Non-Life Actuarial team:

    • Contribute to offering general insurance advice and consulting services to various clients, including insurers, regulators, private equity firms, and related companies like agents and administrators.
    • Provide expertise in solvency, economic capital, risk management, mergers and acquisitions, company restructuring, financial modeling, business planning, new legislation, and optimizing reporting processes.

    Preferred Skills:

    • We are looking for a Manager with a background in non-life insurance to join our Actuarial practice.
    • Engage in Reserving, Pricing, and/or Risk and Capital projects across different markets.
    • Be open to new challenges, self-motivated, agile, and willing to expand your skills in areas like IFRS 17.

    Responsibilities:

    • Manage and execute various actuarial and multidisciplinary assignments concurrently.
    • Interact with clients as the main point of contact on projects.
    • Collaborate within multidisciplinary teams and with colleagues from network firms globally.
    • Contribute to strategic management by developing core product areas and training programs.
    • Mentor and support the development of junior staff members.

    Requirements:

    • Prior experience as a general insurance consultant or in delivering significant actuarially related projects within the industry.
    • Demonstrated leadership in managing actuarial or multidisciplinary projects, including team development, project delivery, and budget management.
    • A solid understanding of reserving and pricing techniques, regulatory issues, financial reporting, and risk and capital management.
    • Experience with Solvency II or IFRS 17 implementation would be advantageous.
    • Ability to communicate complex technical concepts clearly and effectively.
    • Awareness of broader business challenges in the insurance industry.

    The PwC Professional:

    To excel in a constantly evolving world, every team member at PwC must embody purpose-driven and values-led leadership. Our global leadership development framework, the PwC Professional, sets expectations for individuals across geographies and career paths, outlining the skills needed for current and future success.

    PwC Professional skills and responsibilities at this management level:

    • Encourage inclusive communication and seek input from all team members.
    • Effectively navigate through ambiguous situations and provide solutions.
    • Initiate coaching conversations at all levels openly and constructively.
    • Balance strategic thinking with attention to detail.
    • Anticipate stakeholder needs and propose solutions proactively.
    • Contribute specialized technical knowledge to the team.
    • Foster collaboration between people and technology for enhanced productivity.
    • Handle challenges of diverse team setups and engagements effectively.
    • Lead transparent conversations to build trust with teams, clients, and stakeholders.
    • Adhere to the firm's ethical standards and code of conduct.

    The Deal:

    We aim for all our team members to reach their full potential through 'The Deal'.

    Diversity:

    Recognizing and celebrating differences while promoting inclusivity is crucial to our success. We strive to attract and retain talent from diverse backgrounds to drive innovation and deliver value to our clients. Our inclusive culture encourages authenticity, values individual strengths, and empowers people to excel. As we embrace a more flexible workforce, we support varied working arrangements.



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