Non Life Actuary - Manager

PwC UK; London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading company is seeking a Non-Life Actuary - Manager to join their dynamic team in London. The role involves providing general insurance advice, managing projects, and mentoring junior staff. Candidates should have significant experience in the insurance sector and strong communication skills. The position offers flexible working arrangements and opportunities for professional growth.

Benefits

Flexible working arrangements

Private medical cover

Virtual GP access

Volunteering days

Qualifications

• Experience as a general insurance consultant.
• Managing actuarial or multidisciplinary projects.

Responsibilities

• Provide advice on solvency and risk management.
• Manage multiple actuarial projects concurrently.
• Mentor and develop junior staff.

Skills

Communication

Project Management

Risk Management

Education

Actuarial Science

Job description

Join to apply for the Non Life Actuary - Manager role at PwC UK

About PwC Actuarial Practice

The PwC Actuarial practice comprises over 300 partners and staff with offices in London, Edinburgh, Manchester, Bristol, and Mumbai. Our team focuses on non-life, life, banking, and non-insurance sectors, led by a fifteen-strong partner team. We are a key part of the 1000+ strong actuarial community in PwC worldwide, collaborating across disciplines.

Role Overview

Joining the Non-Life Actuarial team offers the opportunity to provide general insurance advice and consulting services to clients such as insurers, regulators, private equity firms, and related companies like agents and administrators. Our work involves advising on business risks, regulatory updates, developing risk analysis and mathematical models to enhance forecasting, limit risks, and leverage data for strategic decisions. We serve a diverse client base, including multinational insurers, Lloyd’s & London Market, UK & European Personal & Commercial lines, and Reinsurance markets.

Responsibilities

1. Provide advice on solvency, economic capital, risk management, mergers and acquisitions, restructuring, financial modelling, and regulatory compliance.
2. Manage and deliver multiple actuarial and multidisciplinary projects concurrently.
3. Act as the main client contact for assignments, fostering strong relationships.
4. Collaborate with multidisciplinary teams and international network firms.
5. Support strategic practice development, including core areas like IFRS 17, risk, and capital, and develop training programs.
6. Mentor and develop junior staff through coaching and career guidance.

Candidate Profile

• Recognized experience as a general insurance consultant or significant project delivery within the industry.
• Experience managing actuarial or multidisciplinary projects, with responsibilities for team development and project delivery within budget and timeline.
• Knowledge of reserving, pricing techniques, regulatory issues, and financial reporting, risk, and capital management, including Solvency II and IFRS 17. Experience with SAO and Lloyd’s is advantageous.
• Ability to communicate complex technical matters clearly.
• Commercial awareness of broader insurance industry issues.

Benefits

Our benefits include flexible working arrangements, private medical cover, virtual GP access, volunteering days, and more, supporting your personal and professional growth.

Additional Details

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Finance and Sales
• Industries: Professional Services