Associate/Senior Associate - Actuarial - ASR - Beijing

Job Req ID:  1332
Date:  13 Apr 2024
Country/Region:  CN
City:  Beijing

Job Profile Summary

A career within Actuarial Services, will provide you with the opportunity to contribute general insurance advice and consulting services to clients such as insurers, banks, regulators, and third party administrators. You’ll provide advice covering solvency, economic capital, risk management, mergers and acquisitions, company restructuring and risk control, financial modelling, underwriting, new legislation, and the efficiency of claims or reporting processes. Simply put, you might help analyse the impact that new regulation will have on an insurance company’s balance sheet or you could be revising businesses’ projections and making sure they have adequate reserves.

Job Description

The successful candidate can be based in Beijing, and will be working on projects around Asia. 

Participate in large scale client engagements. Consistently deliver quality client services. Drive high-quality work products within expected timeframes. Assist on monitoring progress, and ensure key stakeholders are kept informed about progress and expected outcomes.
Understand PwC and its service lines and actively assess/present ways to serve clients. Develop and maintain long-term client relationships.
Demonstrate deep actuarial technical capabilities and professional knowledge. Demonstrate the ability to quickly assimilate new knowledge. Remain current on new regulations concerning the Insurance industry.
Demonstrate an understanding of complex actuarial concepts, discuss complex issues with the engagement team and client management, keep informed of professional standards and firm policies (e.g., Actuarial Standards of Practice), and effectively apply this knowledge to client situations.
Engage in roles of actuarial advisory projects related to risk management, valuation and reporting, modeling, and others;
Perform and manage EV, Solvency II, IFRS and local statutory actuarial audit procedures for Asia Operations of multinational insurance companies; and actively participate in business development activities including the preparation of proposals and presentations. 


Requirements: 
University education or above, and  2 -6 years of working experiences in the relevant field
Knowledge of Market Consistent Embedded Value, Economic Capital, Solvency II and IFRS 4 Phase 2 is a plus
Knowledge of Prophet Professional and Prophet Enterprise is a plus

Skilled user of at least one type of actuarial software, preferably Prophet
Strong communication and interpersonal skills
Good influencing skills and problem solving skills
Well organized and a team player
Attained an internationally recognized actuarial qualification
Fluent in English and Chinese