Non Life Actuary - Risk & Capital - Senior Manager

Pwc UK • Homewood, AL

121d

About The Position

The PwC Actuarial practice comprises over 300 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 fifteen strong partner team. We play the leading role in the 1000+ strong actuarial community in PwC worldwide and often work with specialists from other disciplines within PwC. Our team advises clients in the general insurance and non-insurance industries on business risks and regulatory updates from natural catastrophes to mortgage defaults. We develop comprehensive risk analysis and mathematical models to help organisations enhance their business forecasting capabilities, limit their risks, and use their data informatively to make better strategic business decisions. Our clients trust us to provide well informed and insightful challenges to their business, and the models they use to inform decision making. Our practice is market leading in the General Insurance space – offering unparalleled access to solving some of the biggest challenges in the non-life industry today for a vast array of clients – large multi-national composites, Lloyd’s & London Market, UK & European Personal & Commercial, and Reinsurance Market including many of the well known brands, from global reinsurers to niche players.

Requirements

• Good understanding of a broad range of commonly used capital modelling, risk management techniques and broader commercial awareness of the key issues faced by the market.
• Ability to communicate complex, technical issues to senior management simply and incisively.
• Experience in risk and capital modelling, including model development and implementation, and model validation.
• Strong understanding of insurance risks and their dependencies or a strong desire to develop such a focus.
• Experience with Solvency II internal models, risk management, capital modelling software packages (e.g. Igloo, ReMetrica, Tyche), and managing regulatory relationships.

Nice To Haves

• Experience across wider offerings such as Catastrophe Risk, Reserving & Pricing, Deals, IFRS17, Audit.
• Focus on new and emerging areas such as Cyber, Climate, ESG.

Responsibilities

• Provide advice covering solvency, economic capital, risk management, mergers and acquisitions, company restructuring and risk control, financial modelling, business planning, new legislation, and the efficiency and reliability of reporting processes.
• Contribute general insurance advice and consulting services to clients such as insurers, regulators, private equity, and related companies such as agents and administrators.
• Manage and deliver a wide range of concurrent actuarial and multidisciplinary assignments, often as the main point of contact on assignments.
• Support the strategic management and running of the practice, including developing core product areas in risk and capital.
• Develop and present training programs for graduates and staff.
• Involve in the development of more junior staff through on-the-job coaching, or acting as a career coach, mentor or study mentor.

Benefits

• Empowered flexibility and a working week split between office, home and client site.
• Private medical cover and 24/7 access to a qualified virtual GP.
• Six volunteering days a year and much more.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager