New job Actuarial-P&C - Technical-Senior Associate II -Kolkata in West Bengal
Actuarial-P&C - Technical-Senior Associate II -Kolkata
Company : PwC
Salary : Details not provided
Location : West Bengal
Line of ServiceAssurance
Management LevelSenior Associate
Job Description & SummaryA career within Financial Markets Business Advisory services, will provide you with the opportunity to contribute to a variety of audit, regulatory, valuation, and financial analyses services to design solutions that address our clients’ complex accounting and financial reporting challenges, as well as their broader business issues.
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.
You will play an integral role in supporting our large P&C clients as well as a variety of cross-industry clients who either self-insure or offer loyalty programs in a variety of ways 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 dozens of large firms across multiple industries.
Performing a variety of consulting projects that include financial reporting, capital reporting, product pricing. We also perform operational and organizational consulting for our clients.
Supporting buyers and sellers in merger and acquisition activities. This includes analysis of the underlying products and services as well as potential risks and other elements that affect the price of the deal.
Help them design, develop and value warrantee programs across multiple industries
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 core actuarial and insurance services. You will have the opportunity to specialize in some of the following:
Demonstrating proven thorough knowledge of, and/or success in managerial roles involving, technical actuarial subject matter specialization, especially in Life or Non-Life industry and regulatory developments.
Demonstrating proven thorough knowledge of, and/or success in roles involving, participating in efforts to identify and address client needs for a global network of professional services consulting firms, emphasizing the following areas:
Participating actively in client discussions and meetings;
Communicating a broad range of Firm services; and;
Managing engagements, including preparing concise, accurate documents and maintaining project economics while maintaining flexibility for unanticipated issues.
Demonstrating proven thorough level abilities and/or success with using spreadsheets, database and/or other actuarial software-related technologies.
Demonstrating proven thorough 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; and,
Answering questions and providing direction to less-experienced staff.
Demonstrating proven thorough 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.
Bachelor’s in finance/Economics/Mathematics/Statistics (B. Com, B.A (Economics) B.Sc. with Economics / Mathematics / Statistics Hons) with focus on actuarial methods and principals along with following certifications / degree:
Actively pursuing Membership / Associateship of the Institute and Faculty of Actuaries / Institute of Actuaries of India (or equivalent) with a minimum of 4-5 Actuarial Exams
Certification requirement may be waived if the candidate has more experience in the relevant field
Work Experience ranges as below:
Senior Associate – 2 to 3 years for the members / associate of Actuarial Institutions
Senior Associate 2 – 3 to 5 years for the members / associate of Actuarial Institutions
Work Experience from following organisations:
Foreign Reinsurance Companies – Swiss Re, Munich Re, Scor SE, Hannover Re, RGA Life, XL Insurance Company SE, General Reinsurance AG, AXA France Vie, Allianz Global Corporate & Specialist SE
General Insurance Corporation of India (GIC)
Financial Consultancy / Financial Advisor Companies – Willis Towers Watson, Milliman, WNS Global Services, Numerica, Accenture
Any of the 24 registered Life Insurance Companies in India like LIC, HDFC Life, ICICI Pru, etc.
Big 4s – similar experience
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)
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.
Education (if blank, degree and/or field of study not specified)Degrees/Field of Study required: Degrees/Field of Study preferred:
Certifications (if blank, certifications not specified)
Desired Languages (If blank, desired languages not specified)
Travel RequirementsNot Specified
Available for Work Visa Sponsorship?No
Government Clearance Required?No
Job Posting End DateAugust 31, 2021