Line of Service

Advisory

Industry/Sector

Not Applicable

Specialism

Risk

Management Level

Senior Associate

Job 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

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

: 4 to 7 years of actuarial experience

: Prior experience with IFRS 17 / Ind AS 117

: 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

Solid 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 :

4 to 7 Years

Education qualification:

- Graduation and at least 4 actuarial papers passed from IAI / IFoA as per the recent curriculum

Education (if blank, degree and/or field of study not specified)

Degrees/Field of Study required: Bachelor Degree

Degrees/Field of Study preferred:

Certifications (if blank, certifications not specified)

Required Skills

Financial Reporting and Analysis

Optional Skills

Accepting Feedback, Accepting Feedback, Active Listening, Actuarial Science, Analytical Thinking, Communication, Complex Data Analysis, Creativity, Embracing Change, Emotional Regulation, Empathy, Financial Data Mining, Financial Modeling, Financial Risk Analysis, Financial Risk Management, Inclusion, Intellectual Curiosity, Learning Agility, Optimism, Presenting Financial Reports, Risk Analysis, Risk Model Implementation, Self-Awareness, Statistical Analysis Software, Statistical Consulting {+ 3 more}

Desired Languages (If blank, desired languages not specified)

Travel Requirements

Available for Work Visa Sponsorship?

Government Clearance Required?

Job Posting End Date

June 9, 2026

📌 IN-Senior Associate _ Non Life Actuarial_ Actuarial Services_Advisory_Mumbai (India)
🏢 Leading
📍 India