Senior Manager, Actuarial

AI summary

PwC is hiring a Senior Manager, Actuarial in Lagos to lead actuarial consulting work across reserving, pricing, risk and capital management, IFRS 17, and financial services. The role involves solving complex business problems for insurers, banks, and regulators using data and modeling. Candidates need a BA/BSc/HND and 6–10 years of experience.

• Senior actuarial leadership role within PwC’s advisory practice in Lagos
• Focus on reserving, pricing, risk and capital management, and IFRS 17
• Requires BA/BSc/HND and 6–10 years of experience
• Involves client-facing consulting for insurers, banks, and regulators

Original source description

PricewaterhouseCoopers (PwC) helps organisations and individuals create the value they’re looking for. We’re a network of firms in 157 countries with more than 184,000 people who are committed to delivering quality in assurance, tax and advisory services. Find out more by visiting us at www.pwc.com. In Africa we're the largest provider of prof... Read more about this company Senior Manager, Actuarial Job Type Full Time Qualification BA/BSc/HND Experience: 6 - 10 years Location Lagos Job Field Consultancy About Us We’re a leading professional services firm helping organizations navigate complexity, drive transformation, and unlock growth. We believe in the power of ideas to shape industries and we’re looking for a skilled Senior Manager to help us share those ideas with the world. Role Overview A career within Actuarial Services, will provide you with the opportunity to contribute advice and consulting services based on data and statistics to clients such as insurers, banks, regulators, and third-party administrators. You will provide advice covering solvency, economic capital, risk management, mergers and acquisitions, company restructuring and risk control, financial modeling, underwriting, new legislation, and the efficiency of claims or reporting processes. Simply put, you will use data for good; solving business problems for our clients within a wider community of solvers. The range of work will be wide in scope and will vary from for instance analyzing the impact that new regulation will have on an insurance company’s balance sheet to you could be revising businesses’ projections and making sure they have adequate reserves. To really stand out and make us fit for the future in a constantly changing world, each one of us needs to be a purpose-led and values-driven leader at every level. To help us achieve this we have a global leadership development framework. It gives us a single set of expectations across our lines, geographies and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future. As a Senior Manager, you'll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. Professional skills and responsibilities: for this management level include but are not limited to: Develop new skills outside of your comfort zone. Act to resolve issues which prevent the team working effectively. Coach others, recognise their strengths, and encourage them to take ownership of their personal development. Analyse complex ideas or proposals and build a range of meaningful recommendations. Use multiple sources of information including broader stakeholder views to develop solutions and recommendations. Address sub-standard work or work that does not meet firm's/client's expectations. Use data and insights to inform conclusions and support decision-making. Develop a point of view on key global trends, and how they impact clients. Manage a variety of viewpoints to build consensus and create positive outcomes for all parties. Simplify complex messages, highlighting and summarising key points. Uphold the firm's code of ethics and business conduct. Roles & Responsibilities: We are expanding our actuarial team due to the need we have seen in the market, with the main areas of focus on the key core actuarial activities of reserving; pricing; risk and capital management as well as a myriad of other areas in financial services such as: Assignments in pricing and product development Risk and capital modelling, optimization and management Valuation of liabilities under IFRS/GAAP/Risk Based Capital regimes IFRS 17 implementation support Risk based capital template MCEV calculations and review Internal actuarial function roles Developing and optimising reinsurance mechanisms Predictive modelling and visualisation Insurance Liability Valuations Valuations and advice related to pension and employee benefits: matters Assisting in due diligence with respect to actuarial aspects Risk modelling and Stress testing You will be an integral part of the team based in West Africa, as well as those delivering actuarial services across a Global Network. Qualifications / Certifications required: Successfully passed at least 6 actuarial examinations with the Institute and Faculty of Actuaries (IFoA), Society of Actuaries (SOA), or an equivalent internationally recognized actuarial body. Candidates who have attained Associate status (ASA, AIA, or equivalent) are strongly encouraged to apply and may be considered for a Director-level appointment, subject to experience: and demonstrated leadership capability. University degree: Bachelor’s Degree in Actuarial Science/ Mathematics/ Statistics/ Other relevant quantitative courses. Masters is an added advantage Experience: required: ​​6–10 years of relevant actuarial and consulting experience. Experience: in insurance, consulting, financial services, or a related actuarial environment. Demonstrated experience: developing actuarial models and communicating technical results to both technical and non-technical stakeholders. Technical competence in one or more core actuarial practice areas, including pricing, reserving, capital modelling, risk management, or actuarial valuations. Experience: applying actuarial professional standards and the actuarial control cycle. Experience: with programming and data analytics tools (e.g., R, Python, SQL, Power BI, VBA) is an added advantage. Check how your CV aligns with this job Method of Application Interested and qualified? Go to PricewaterhouseCoopers (PwC) on www.pwc.com to apply Build your CV for free. Download in different templates.