IN-Associate _ Non Life Actuarial_ Actuarial Services_Advisory_Chennai
Line of Service
AdvisoryIndustry/Sector
Not ApplicableSpecialism
RiskManagement Level
AssociateJob Description & Summary
At PwC, our people in risk and compliance focus on maintaining regulatory compliance and managing risks for clients, providing advice, and solutions. They help organisations navigate complex regulatory landscapes and enhance their internal controls to mitigate risks effectively.In actuarial services at PwC, you will be responsible for analysing and managing financial risks for clients through statistical modelling and data analysis. Your work will generate valuable insights and recommendations to help businesses make informed decisions and mitigate potential risks.
*Why PWC
At PwC, you will be part of a vibrant community of solvers that leads with trust and creates distinctive outcomes for our clients and communities. This purpose-led and values-driven work, powered by technology in an environment that drives innovation, will enable you to make a tangible impact in the real world. We reward your contributions, support your wellbeing, and offer inclusive benefits, flexibility programmes and mentorship that will help you thrive in work and life. Together, we grow, learn, care, collaborate, and create a future of infinite experiences for each other. Learn more about us.
At PwC, we believe in providing equal employment opportunities, without any discrimination on the grounds of gender, ethnic background, age, disability, marital status, sexual orientation, pregnancy, gender identity or expression, religion or other beliefs, perceived differences and status protected by law. We strive to create an environment where each one of our people can bring their true selves and contribute to their personal growth and the firm’s growth. To enable this, we have zero tolerance for any discrimination and harassment based on the above considerations. "
Job Description & Summary:
The Team (FST)
Financial Services & Treasury is part of the wider PwC Advisory services in India and comprises subject matter experts with deep industry experience and from varied backgrounds including banking, insurance, risk management, treasury, rating analyst, information technology, and actuarial consulting.
The actuarial services capability of FST works on product development, pricing of insurance products, statutory / shareholder valuation, accounting as per IGAAP / IFRS 17, risk management and asset liability management. In addition, the capability helps and supports clients in performing required regulatory reviews, due diligence for potential buyers/sellers, managing their insurance liability requirements, transitioning to new regulatory and market requirements and offering new products to their customers.
The Role
The role is for a non-life actuarial professional with 4-7 years of experience, and prior experience with IFRS 17.
You will be providing high-quality consulting and technical services to our clients both in India and overseas. Focusing on non-life insurance, you will work on actuarial consulting projects across multiple streams such as IFRS 17 implementation & assurance, audit reviews, M&A due diligence, staff augmentation etc.
The role offers the opportunity to be a part of a fast-paced, growing consulting team focused on solving challenging problems through collaboration and team effort.
Responsibilities:
I. Qualification
Required: 2 to 4+ years of actuarial experience
Required: Prior experience with IFRS 17 / Ind AS 117
Required: At least 3 years of non-life or life insurance experience
Prior experience with non-life insurance preferred.
Preferably at least 4 actuarial papers passed from IAI / IFoA as per the new curriculum
II. EXPERTISE
Expertise in IFRS 17 and preferably other aspects of actuarial work
Thorough understanding of non-life insurance products and Indian statutory requirements preferred
Excellent knowledge of Excel
Working knowledge of Python and / or VBA preferred
III. INDIVIDUAL ATTRIBUTES
Strong communication and presentation skills
Strong analytical and problem-solving skills
Ability to interact with senior stakeholders
Works effectively in a team-oriented environment
Shows flexibility and adaptability in a fast-paced and constantly changing work environment.
Committed to continuous learning and personal development
Location is both Chennai / Mumbai
Mandatory skill sets:
IFRS17 / INDAS 117
General Insurance
Preferred skill sets:
Valuation and Reporting
Understanding of ResQ, and similar s/w
Years of experience required:
2 to 4 Years
Education qualification:
Graduation and at least 4 actuarial papers passed from IAI / IFoA as per the new curriculum
Education (if blank, degree and/or field of study not specified)
Degrees/Field of Study required: Bachelor in Business AdministrationDegrees/Field of Study preferred:Certifications (if blank, certifications not specified)
Required Skills
Actuarial ExamsOptional Skills
Accepting Feedback, Active Listening, Actuarial Science, Communication, Complex Data Analysis, Emotional Regulation, Empathy, Financial Data Mining, Financial Modeling, Financial Risk Analysis, Financial Risk Management, Inclusion, Intellectual Curiosity, Optimism, Presenting Financial Reports, Risk Analysis, Risk Model Implementation, Statistical Analysis Software, Statistical Consulting, Statistical Modeling, Strategic Forecasting, Teamwork, Well BeingDesired Languages (If blank, desired languages not specified)
Travel Requirements
Available for Work Visa Sponsorship?
Government Clearance Required?
Job Posting End Date
June 7, 2026
