Actuarial Senior Associate 2

Johannesburg, Gauteng, South Africa

Job Description


Line of Service Assurance

Industry/Sector FS X-Sector

Specialism Actuarial Services

Management Level Senior Associate

& Summary 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. Youxe2x80x99ll 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 companyxe2x80x99s balance sheet or you could be revising businessesxe2x80x99 projections and making sure they have adequate reserves.

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.
Role Summary:

We believe that challenges are better solved together. That's why you'll join a diverse, global community of solvers - an unexpected mix of people that come together to build trust in society and solve important problems. In a place where you are encouraged to lead with your heart and values. And where your unique skills are developed and put to work in unexpected and exciting ways, superpowered by technology.

The role includes working on a range of banking risk projects such as impairment and capital model development and review. Resources are specifically needed for IFRS9 projects that have been won and ones being proposed for.

Qualifications / Certifications required:

Mathematical, statistical or actuarial degree

Mathematical or statistical honours or masters or professional qualification such as FRM, CFA or Actuarial

Experience required:

3-5 years of experience in a consulting/banking

Responsibilities of role:

The principle accountabilities will be:

Developing and maintaining client relationships

Management of banking audit support engagements

Managing and forming part of banking risk project teams

Researching and staying up to date with banking risk related regulations

Assisting on banking risk IP such as IFRS 9 prototype models

Skill sets required:

Knowledge of banking environment and credit risk

Ability to program. Ideally in SAS, Matlab, R or VBA

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)

Required Skills

Optional Skills

Desired Languages (If blank, desired languages not specified)

Travel Requirements Up to 20%

Available for Work Visa Sponsorship? No

Government Clearance Required? Yes

Job Posting End Date October 6, 2023

PwC

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Job Detail

  • Job Id
    JD1269805
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Johannesburg, Gauteng, South Africa
  • Education
    Not mentioned