PricewaterhouseCoopers

Line of Service

Assurance

Industry/Sector

Not Applicable

Specialism

Actuarial Services

Management Level

Manager

Job Description & Summary

At PwC you can make the widest use of your skills and experience in a modern, creative and challenging work environment with great development prospects. Our aim is to hire people of high calibre, who are looking for challenging careers, and will bring new insights and perspectives, living the high standards and values of PwC: act with integrity, care, make a difference, reimagine the possible and work together.

The team 

With its 1,500+ strong actuarial community of professionals, PwC's global actuarial services team has a leading role in the industry, helping clients act decisively on their most important issues. We apply our risk and analytical skills to turn complex data into the predictive insights that inform practical business solutions.

There is an exciting opportunity to become part of a fast growing and high calibre PwC actuarial team in Cyprus and contribute insurance advice and consulting services to clients such as insurers, regulators and financial institutions. 

We are seeking an experienced actuarial professional up to Manager level to join our practice. You’ll work on IFRS 17, Assurance, Reserving, Pricing, Risk and Capital projects across the Non-Life insurance market, as well as multidisciplinary projects around areas such as transaction due diligence, analytics, strategic planning and transformation. You’ll be open to new challenges, self-motivated, agile and be able to leverage your existing skills in areas like IFRS 17. 

Main responsibilities 

• Manage and deliver a wide range of concurrent actuarial and multidisciplinary assignments.
• Interact with clients, often as the main point of contact on assignments.
• Work in multidisciplinary teams and with our overseas network or people.
• Have an active role in supporting the strategic management and running of the actuarial practice, e.g. through being involved in developing one of our core product areas such as IFRS 17, risk and capital or developing and presenting training programs for graduates and staff.
• Be involved in the development of more junior staff through on the job coaching, or acting as a career coach, mentor or study mentor.

What we are looking for 

• Be a partly-qualified/newly qualified Actuary or have successfully delivered significant Non-Life actuarial related projects from within the insurance industry.
• Have led actuarial or multidisciplinary projects, being responsible for project management and delivery, including the management, development and growth of staff, delegation of responsibilities and delivering projects to time and budget.
• Good understanding of a broad range of commonly used reserving, pricing and capital modelling techniques, the key actuarially-orientated and regulatory issues faced by the market, and a good working knowledge of one or more of financial reporting, risk and capital, Solvency II, IFRS17 or other related insurance work.
• Experience of implementation of Solvency II or IFRS 17, or related experience, would be a benefit.
• Be able to communicate complex technical matters in a clear way.
• Wider commercial awareness, including the understanding of wider business issues facing the insurance industry.

Benefits

• A competitive remuneration package
• 13th salary
• Sponsored Study Programme 
• Provident Fund
• Medical Insurance (optional)
• Life Insurance 
• FlexMenu (such as FlexDay, FlexWeek, FlexPlace and many more)
• Friday afternoon off
• Dress for the Occasion
• Free parking

Deadline of applications: 8 March 2024

All applications will be treated in the strictest confidentiality

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

Not Specified

Available for Work Visa Sponsorship?

No

Government Clearance Required?

No

Job Posting End Date

March 9, 2024

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