Actuarial Associate / Trainee

Line of Service

Assurance

Industry/Sector

Not Applicable

Specialism

Actuarial Services

Management Level

Associate

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.

Are you open to new challenges, self-motivated, agile, and able to leverage your existing skills by assisting in the development of actuarial and statistical solutions to specific business problems?

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

We are seeking an Actuarial Associate / Trainee to join our practice and study towards the Institute and Faculty of Actuaries qualification.
You’ll work on Assurance, Reserving, Pricing, Risk, and Capital projects across the Non-Life / Life insurance market, as well as multidisciplinary projects around areas such as transaction due diligence, analytics, strategic planning, and transformation.

Main Responsibilities

• Provide actuarial consulting services including reserving, pricing, risk, and capital modelling and other multidisciplinary assignments.
• Provide audit support in the assessment of client reserve balances and actuarial processes in accordance with both accounting and actuarial standards.
• Work on exciting assignments with international teams and with our overseas member firm network.
• Interact with clients, be a key member of the core engagement team on assignments.
• Develop a thorough understanding of actuarial techniques and procedures and apply them to work products.

What We Are Looking For

• Be a new student member of the Institute and Faculty of Actuaries (IFoA) or an equivalent body, or a graduate holder of a University degree in mathematics, statistics, finance, or any actuarial-based subject.
• Proven strong numerical and analytical skills.
• Excellent communication, organisational, and interpersonal skills.
• Proficient with Microsoft Office programs.
• Basic understanding of wider business issues facing the insurance industry.

Benefits

• 🕑 Hybrid working model
• 💸 A competitive remuneration package with a 13th salary
• 📖 Sponsored Study Programme
• 🪙 Provident Fund
• 🏥 Medical Insurance (optional)
• 🏥 Life Insurance
• 💻 FlexMenu (such as FlexDay, FlexWeek, FlexPlace, and many more)
• 🌴 Summer 4-day working schedule (July/August)
• 🏃🏽‍♂️ Friday afternoon off
• 🧘🏼 Wellness Initiatives like physio sessions & nutritionist
• 🤵 Dress for the Occasion
• 🅿️ Free parking
• 🌎 Global mobility opportunities

Deadline of Applications: 01 September 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

September 2, 2024