Actuarial Consultant - Non-Life

About the role

We are seeking Senior Consultants from a non-life insurance background to join our Actuarial Services practice.

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.

In recognition of the need to invest in the future growth of the practice, you'll not only have demonstrated relevant technical skills and experience, but also have the potential, with some development support, to lead on key client accounts and product areas, using your strong relationship and people management skills.

You'll have significant experience in general insurance work, including:

Risk and capital a good understanding of non life capital models and their use under Solvency II;

Exposure to reserving and pricing within London/Lloyds market and/or the Personal & Commercial lines markets.

In recognition of the need to invest in the future growth of the practice, you'll have demonstrated relevant technical skills and experience and also have the potential, with some development support, to manage key client accounts and product areas, using your strong relationship and people management skills. You will be agile, able to communicate clearly as well as sharp, technical detail, as well as looking to broaden your exposure to wider business and commercial issues facing our UK and global clients. "

The PwC Actuarial Services practice is part of our FSRR team and comprises of 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.

We work in a friendly, positive and vibrant atmosphere, where our people are encouraged to take responsibility at an early stage and proactively develop their career. We seek to develop accomplished consultants, not just technically strong actuaries. This means exposure to a wide range of project situations, often working with specialists from other disciplines within PwC such as Transaction Services, Regulatory, Risk Advisory, Corporate Finance, Business Recovery/Restructuring, Forensics, Tax, Accounting and Internal Audit.

Who we are looking forWe are looking for individuals with relevant experience, or who are looking for new challenges and believe that they can leverage their existing skills in a new environment, who are able to work well as part of a team and who are responsible, decisive, clear-thinking and self-motivated.

We'd expect you to take an active role in the strategic management and running of the practice and take a lead on our core product areas of reserving and risk and capital. You'll also have opportunities to be involved as lead actuarial account driver on a number of our UK general insurance clients.

On a day-to-day basis, you'll lead, manage and deliver a wide range of concurrent actuarial and multidisciplinary assignments, and act as our clients main point of day-today contact on assignments.

You'll be actively involved in the development of new and existing client relationships and be expected to maintain a strong personal profile internally in PwC and externally in the market to seek out new business opportunities.

The firm offers an unparalleled development framework which not only ensures we have strong technical experience, but also supports wider softer skills which are vital to success with our clients. We'll ensure you have a tailored development plan, which will enable progression to more senior levels within the practice in a relatively short timescale.
RequirementsYour experience

Experience of various software packages (ie IGLOO, ReMetrica or Tyche), including design, development, implementation and use.

Have spent most of your career to date in the general insurance market, either within a company or a consultancy.

Experience with Solvency II internal models and risk management.

Demonstrable work experience in an actuarial related area

Experience in risk and capital modelling (including model development and implementation, and model validation), and a strong understanding of insurance risks and their dependencies.

Good understanding of a broad range of commonly used pricing or reserving techniques and the key issues faced by the market.

Wider commercial awareness, including the understanding of wider business issues.

Desirable experience

Experience of applying professional scepticism in either a risk and capital or other context, through external audit, internal peer review or independent model validation.

Experience developing risk management frameworks or working with risk teams.

Experience in financial reporting, corporate finance and transaction support.

Your skills

Have strong oral, listening and written communication skills.

Have the potential to develop strong people management, client handling and development skills, including inter-personal sensitivity and influencing skills.

Have demonstrated an aptitude to develop good client/internal client handling skills, including relationship-building skills that lead to increased consulting opportunities.

Have strong project and financial management skills. The ability to deliver to budget and within timescales is an important skill.;

Be flexible and have the ability to multi-task effectively.

Have strong technical, problem identification and analytical skills, most likely with at least one specialist area of experience.

Be commercial, with the ability and experience of working within a broader insurance environment, and with vision as to developments at our clients and opportunities for consulting business.

Be strongly committed to both personal and corporate success.

Be self-motivated, in particular taking responsibility for personal development in technical and broader consulting skills.

Location - London
Salary - Competitive
Closing date - 1st September 2017

Location
London

Assurance

Assurance is a dynamic place to be right now, and the variety of opportunities on offer is unprecedented. It's work that really does matter. It matters for businesses, governments and society at large. Our team provides confidence on the most complex decisions companies have to take and this provides a wealth of opportunities to everyone who joins us and works with us.

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.

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Diversity

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, as well as those who reflect the diverse nature of our society. And we aim to encourage a culture where people can be themselves and be valued for their strengths. Creating value through diversity is what makes us strong as a business and as an organisation with an increasingly agile workforce, we're open to flexible working arrangements where appropriate.

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