Non Pricing Actuary - Manager

About the role:

• We are seeking a Manager from a non-life insurance pricing background to join our Actuarial practice.
• The PwC Actuarial practice comprises over 300 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 fifteen strong partner team. This makes us the largest actuarial practice within the large accounting firms.
• We play the leading role in the 1000+ strong actuarial community in PwC worldwide and often work with specialists from other disciplines within PwC. A career within the Non-Life Actuarial team will provide you with the opportunity to contribute general insurance advice and consulting services to clients such as insurers, regulators, private equity, and related companies such as agents and administrators.
• Our clients trust us to provide well informed and insightful challenges to their business, and the models they use to inform decision making.
• Our practice is market leading in the General Insurance space – offering unparalleled access to solving some of the biggest challenges in the non-life industry today for a vast array of clients – large multi-national composites, Lloyd’s & London Market, UK & European Personal & Commercial, and Reinsurance Market including many of the well known brands, from global reinsurers to niche players

• You’ll provide advice covering solvency, economic capital, risk management, mergers and acquisitions, company restructuring and risk control, financial modelling, business planning, new legislation, and the efficiency and reliability of reporting processes.
• You’ll work predominantly on pricing, with opportunities to also work on Reserving, and/or Risk and Capital projects across the London/Lloyd’s market and/or the Personal & Commercial lines market. You will work on multidisciplinary projects around areas such as transactions, organisational transformation, cost reduction and start-ups.
• Our team advises clients in the general insurance and non-insurance industries on business risks and regulatory updates from natural catastrophes to mortgage defaults. We develop comprehensive risk analysis and mathematical models to help organisations enhance their business forecasting capabilities, limit their risks, and use their data informatively to make better strategic business decisions.
• You’ll manage and deliver a wide range of concurrent actuarial and multidisciplinary assignments.
• You’ll interact with clients, often as the main point of contact on assignments.
• You’ll have the opportunity to work in multidisciplinary teams or with people from our network firms overseas.
• You’ll take an active role in supporting the strategic management and running of the practice, e.g. through being involved in developing one of our growing pricing team and offerings or developing and presenting training programs for graduates and staff.
• You’ll be involved in the development of more junior staff through on the job coaching, or acting as a career coach, mentor or study mentor.

• You’ll be open to new challenges, self-motivated, agile and be able to leverage your existing skills in new areas like deals due diligence and technology change for pricing functions.
• Background either as a recognised general insurance consultant or have successfully delivered significant, actuarially related projects from within the general 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 pricing techniques, the key actuarially-orientated pricing and regulatory issues faced by the market, and a good working knowledge of one or more of:
  London Market direct pricing, reinsurance pricing and personal lines pricing (both street pricing and technical pricing).
• Experience with developing and implementing pricing vendor tools would be beneficial. For example, in the London Market: HX, Tyche,…