Actuarial Associate

Be among the first applicants.
PwC - Global
Cape Town
ZAR 300 000 - 400 000
Be among the first applicants.
3 days ago
Job description

Management Level

Associate

Job Description & Summary

At PwC, our people in risk and compliance focus on maintaining regulatory compliance and managing risks for clients, providing advice, and solutions. They help organisations navigate complex regulatory landscapes and enhance their internal controls to mitigate risks effectively.

In actuarial services at PwC, you will be responsible for analysing and managing financial risks for clients through statistical modelling and data analysis. Your work will generate valuable insights and recommendations to help businesses make informed decisions and mitigate potential risks.

Driven by curiosity, you are a reliable, contributing member of a team. In our fast-paced environment, you are expected to adapt to working with a variety of clients and team members, each presenting varying challenges and scope. Every experience is an opportunity to learn and grow. You are expected to take ownership and consistently deliver quality work that drives value for our clients and success as a team. As you navigate through the Firm, you build a brand for yourself, opening doors to more opportunities.

Examples of the skills, knowledge, and experiences you need to lead and deliver value at this level include but are not limited to:

  • Apply a learning mindset and take ownership for your own development.
  • Appreciate diverse perspectives, needs, and feelings of others.
  • Adopt habits to sustain high performance and develop your potential.
  • Actively listen, ask questions to check understanding, and clearly express ideas.
  • Seek, reflect, act on, and give feedback.
  • Gather information from a range of sources to analyse facts and discern patterns.
  • Commit to understanding how the business works and building commercial awareness.
  • Learn and apply professional and technical standards (e.g. refer to specific PwC tax and audit guidance), uphold the Firm's code of conduct and independence requirements.

JOB PURPOSE

Working on a range of banking risk projects such as impairment and capital model development and review. Resources are specifically needed for IFRS9 projects that have been won and ones being proposed for.

PRINCIPAL ACCOUNTABILITIES

The principal accountabilities will be:

  • Developing and maintaining client relationships.
  • Support teams on engagements.
  • Managing and forming part of banking risk project teams.
  • Researching and staying up to date with banking risk related regulations.
  • Assisting on banking risk IP such as IFRS 9 prototype models.

MINIMUM QUALIFICATIONS

  • Mathematical, statistical or actuarial degree.
  • Mathematical or statistical honours or masters or professional qualification such as FRM, CFA or Actuarial.

EXPERIENCE

  • 1-2 years of experience in a consulting/banking/insurance environment.
  • Prior consulting experience is beneficial although not critical.

KEY KNOWLEDGE & SKILLS

  • Knowledge of banking environment and credit risk.
  • Ability to program, ideally in SAS, Matlab, R or VBA.

Travel Requirements

Available for Work Visa Sponsorship?

Job Posting End Date

February 21, 2025

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