Non Life Actuary - Risk & Capital - Senior Manager

PwC; London; On-site; GBP 70,000 - 110,000; Full time

Job summary

A prestigious consultancy firm seeks a Senior Manager in Non Life Actuary – Risk & Capital to advise clients on solvency, risk management, and model-based decision support. This role involves significant interaction with clients, managing a diverse range of assignments, and mentoring junior staff, contributing to the ongoing development of their dynamic practice.

Benefits

Flexible working arrangements

Private medical cover

Virtual GP access

Volunteering days

Qualifications

• Understand capital modelling and key market issues.
• Experience in areas like Reserving, Pricing, or Cyber.
• Ability to communicate complex issues simply.

Responsibilities

• Providing advice on solvency, risk management, M&A, and financial modelling.
• Managing actuarial and multidisciplinary assignments.
• Mentoring and developing junior staff.

Skills

Risk management techniques

Capital modelling

Communication of complex issues

Experience in Cat Risk

Knowledge of ESG

Tools

Risk management software

Solvency II internal models

Job description

Social network you want to login/join with:

Non Life Actuary - Risk & Capital - Senior Manager, London

Client:

PwC

Location:

London, United Kingdom

Job Category:

Other

EU work permit required:

Yes

Job Reference:

ed0763f392d5

Job Views:

28

Posted:

22.06.2025

Expiry Date:

06.08.2025

Job Description:

The role

• The PwC Actuarial practice comprises over partners and staff, with offices in London, Edinburgh, Manchester, Bristol, and Mumbai. Our consultants focus on non-life, life, banking, and non-insurance sectors, led by a fifteen-strong partner team. We are a leading force in the actuarial community worldwide and collaborate with specialists across PwC.
• We advise clients in general insurance and non-insurance industries on business risks and regulatory updates, developing risk analysis and mathematical models to enhance forecasting, limit risks, and inform strategic decisions. Our clients trust us for insightful challenges and model-based decision support.
• Our practice is market-leading in General Insurance, serving a diverse client base including global reinsurers, Lloyd’s, London Market, UK & European Personal & Commercial insurers, and niche players.

What your days will look like:

• Providing advice on solvency, economic capital, risk management, M&A, restructuring, financial modelling, legislation, and reporting processes.
• Contributing to general insurance advice and consulting for clients such as insurers, regulators, private equity, and related companies.
• Supporting the growing Risk & Capital proposition, addressing client challenges in risk quantification, capital, and growth strategies.
• Managing and delivering actuarial and multidisciplinary assignments, interacting with clients, and working with international teams.
• Participating in strategic management and practice development, including product areas like risk challenge or ESG, and training programs.
• Mentoring and developing junior staff through coaching and career guidance.

This role is for you if:

• You understand capital modelling, risk management techniques, and key market issues, with the ability to communicate complex issues simply.
• Experience in areas like Cat Risk, Reserving, Pricing, IFRS17, or emerging fields like Cyber, Climate, ESG is advantageous.
• You have experience with risk and capital modelling, insurance risks, and dependencies, or are eager to develop this expertise.
• Knowledge of Solvency II internal models, risk management software (Igloo, ReMetrica, Tyche), and regulatory relationships is beneficial.

What you’ll receive from us:

We offer benefits designed to support your career and personal life, including flexible working arrangements, private medical cover, virtual GP access, volunteering days, and more.