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FSRR - General Insurance Actuarial - Senior Consultant - London - London

FSRR - General Insurance Actuarial - Senior Consultant - LondonReference AS03872Location LondonService AssuranceSpecialism ActuarialIndustry Financial ServicesWho we're looking for
Salary - Competitive
Opening Date - 4th September 2014
Closing date - 2nd October 2014
The world of Risk and Regulation is changing; join us on the journey and be part of creating a new and relevant financial services industry.
Our Financial Services Risk and Regulation (FSRR) team is made up of 50 partners and 800 professional staff and our number and capabilities are expanding every day.
We are seeking Senior Consultants from a non-life insurance background to join our Actuarial and Insurance Management Services practice (AIMS).
The PwC Actuarial Insurance Management Solutions (AIMS) practice comprises of over 250 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 twelve strong partner team. This makes us the largest actuarial practice within the large accounting firms. We play the leading role in the 800 strong actuarial community in PwC worldwide.
We are planning to expand against a background of high client demand for our services;We have unrivalled client base and breadth of project types, and we provide support to clients in relation to all aspects of general insurance including reserving, Solvency II, corporate restructuring and liability management, mergers & acquisitions and IPOs, financial modelling, risk management solutions, audit support and IFRS II, both in the UK and across Continental Europe.
We are recognised as one of the leaders in the development of Solvency II best practice in the UK and we are building a strong platform as a post-Solvency II business. Our clients include all the leading UK insurers and European multinationals.We have a strong sense of culture developed over our 25 year history.
We work in a friendly, positive and vibrant atmosphere, where our people are encouraged to take responsibility at an early stage and proactively develop their career. We seek to develop accomplished consultants, not just technically strong actuaries.This means exposure to a wide range of project situations, often working with specialists from other disciplines within PwC such as Transaction Services, Regulatory, Risk Advisory, Corporate Finance, Business Recovery/Restructuring, Forensics, Tax, Accounting and Internal Audit.
About the role
We are looking for individuals with relevant experience, or who are looking for new challenges and believe that they can leverage their existing skills in a new environment, who are able to work well as part of a team and who are responsible, decisive, clear-thinking and self-motivated.
We'd expect you to take an active role in the strategic management and running of the practice and take a lead on our core product areas of reserving and risk and capital. You'll also have opportunities to be involved as lead actuarial account driver on a number of our UK general insurance clients.
On a day-to-day basis, you'll lead, manage and deliver a wide range of concurrent actuarial and multidisciplinary assignments, and act as our clients' main point of day-today contact on assignments.
You'll be actively involved in the development of new and existing client relationships and be expected to maintain a strong personal profile internally in PwC and externally in the market to seek out new business opportunities.
The firm offers an unparalleled development framework which not only ensures we have strong technical experience, but also supports wider softer skills which are vital to success with our clients. We'll ensure you have a tailored development plan, which will enable progression to more senior levels within the practice in a relatively short timescale.
You'll have a strong background either as a recognised general insurance consultant or have successfully delivered significant, actuarially related projects from within the general insurance industry.
You'll have significant experience of a broad range of general insurance work, including:
• Reserving -London/Lloyd's market and/or the Personal & Commercial lines markets; and • Risk and capital - including a good understanding of non life capital models under Solvency II.
In recognition of the need to invest in the future growth of the practice, you'll not only have demonstrated relevant technical skills and experience, but also have the potential, with some development support, to lead on key client accounts and product areas, using your strong relationship and people management skills.
Your experience
• Demonstrable work experience in an actuarial related area. • Have spent most of your career to date in the general insurance market, either within a company or a consultancy. • Good understanding of a broad range of commonly used reserving techniques and the key reserving issues faced by the market. • Experience with market consistent techniques around financial modelling, ICAs, Solvency II and risk management. • Experience in risk and capital modelling (including model development and implementation, and model validation), and a strong understanding of reserving, underwriting and catastrophe risks. • Wider commercial awareness, including the understanding of wider business issues.
Desirable experience
• Experience of applying professional scepticism in either a reserving or risk and capital context, through external audit, internal peer review or independent model validation. • Experience developing risk management frameworks or working with risk teams. • Experience of various software packages (ie ResQ, IGLOO, Metarisk or ReMetrica), including design, development, implementation and use. • Experience in financial reporting, corporate finance and transaction support.
Your skills
• Have strong oral, listening and written communication skills. • Have the potential to develop strong people management, client handling and development skills, including inter-personal sensitivity and influencing skills. • Have demonstrated an aptitude to develop good client/internal client handling skills, including relationship-building skills that lead to increased consulting opportunities. • Have strong project and financial management skills. The ability to deliver to budget and within timescales is an important skill.; • Be flexible and have the ability to multi-task effectively. • Have strong technical, problem identification and analytical skills, most likely with at least one specialist area of experience. • Be commercial, with the ability and experience of working within a broader insurance environment, and with vision as to developments at our clients and opportunities for consulting business. • Be strongly committed to both personal and corporate success. • Be self-motivated, in particular taking responsibility for personal development in technical and broader consulting skills.
The skills we look for in future employees
All our people need to demonstrate the skills and behaviours that support us in delivering our business strategy. This is important to the work we do for our business, and our clients. These skills and behaviours make up our global leadership framework, 'The PwC Professional'.
The PwC Professional focuses on five core attributes; whole leadership, technical capabilities, business acumen, global acumen and relationships. We use this framework to recruit, develop and assess our people, at all grades and all areas of our business, because we expect all of our people to be leaders.

We work in a changing world which offers great opportunities for people with diverse backgrounds and experiences. We seek to attract and employ the best people from the widest talent pool as well as those who reflect the diverse nature of our society. And we aim to encourage a culture where people can be themselves and be valued for their strengths. Creating value through diversity is what makes us strong as a business.

As an organisation with an increasingly agile workforce, we're open to flexible working arrangements where appropriate.Link megjelenítése" width="0" height="0" />
Munkavégzés helye London
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