Senior Associate (m/f/d) in Actuarial and Risk Modelling Services (ARMS)

Senior Associate (m/f/d) in Actuarial and Risk Modelling Services (ARMS) Job ID: 711204WD Job location(s): Luxembourg Line of service: Assurance Industry/Sector Not Applicable Specialism Assurance Management Level Senior Associate

Job Description & Summary

PwC Luxembourg is hiring a Senior Associate (m/f/d) in Actuarial and Risk Modelling Services (ARMS).

What if it was you?

The PwC Actuarial and Risk Modelling Services (ARMS) team in Luxembourg is looking for a senior associate to join our local actuarial practice of over 20 actuaries and risk modellers. This is one of the largest actuarial consulting teams in Luxembourg. As part of our dynamic and diverse team, you will work on complex problems and challenges related to reserving, pricing, risk or capital related projects across the Luxembourg and broader European markets, as well as multidisciplinary projects in areas such as reinsurance optimisation and business transactions.

Be a part of our team where you will

• Provide actuarial consulting services.
• Perform reserving analysis and valuation with a strong focus on business drivers, ensuring reserve adequacy aligns with regulatory requirements and translate technical insights into actionable recommendations for management and stakeholders.
• Support/lead Solvency II reviews for insurers, including Solvency II balance sheets, QRTs and ORSAs.
• Support insurance regulation-related projects in insurance, such as local regulation, IFRS 17 accounting, transfer pricing, POG/VFM, etc.
• Work closely with audit teams to provide actuarial support to our audit practice with regard to Luxembourg-based insurers and reinsurers.
• Support the Corporate Finance, M&A and Strategy teams by providing expert support for business transactions, portfolio transfers, actuarial due diligence projects and reserves/provision certifications.
• Assist in the continued growth and development of PwC's actuarial practice.
• Supervise and coach junior actuarial staff.

Let's talk about you. We expect that …

• You have a university degree with a specialization in actuarial science, mathematics, or quantitative finance;
• You have at least 2 years of working experience as an actuary;
• You demonstrate solid understanding of standard life and/or non-life actuarial practices under Solvency II, complemented by expertise in one or more related areas such as Luxembourg GAAP, IFRS 17 reporting, and regulatory compliance frameworks.
• You enjoy working in a practical and creative manner, constantly analysing and solving new challenges.
• You have good command of the English language. Fluency in French is considered an advantage.
• You enjoy working in a team. You want to develop, build relationships and bring out the best in yourself and your colleagues.
• You have the experience with specialised software in one of areas such as pricing, reserving, capital management (for example, URS, ResQ, Prophet or other recognised).

…so that you are the candidate we are looking for!

A final word about us

At PwC, we believe diversity is the representation of all the characteristics that make us both alike and unique. Our backgrounds, cultures, nationalities, lifestyles, identities, opinions and beliefs, approaches to solving problems, ways of working, and views of personal and professional success, all add value to the services we deliver to our clients. Our objective is to nurture an inclusive environment where a diversity mindset is ingrained, and inclusion is the norm. We constantly focus on respecting and valuing individual differences.

PwC Luxembourg ( www.pwc.lu ) is the largest professional services firm in Luxembourg with over 3,600 people employed from 90 different countries. PwC Luxembourg provides audit, tax and advisory services including management consulting, transaction, financing and regulatory advice. The firm provides advice to a wide variety of clients from local and middle market entrepreneurs to large multinational companies operating from Luxembourg and the Greater Region. The firm supports its clients in creating the value they are looking for by contributing to the smooth operation of the capital markets and providing advice through an industry-focused approach.

At PwC, we help clients build trust and reinvent so they can turn complexity into competitive advantage. We're a tech-forward, people-empowered network with more than 364,000 people in 136 countries and 137 territories. Across audit and assurance, tax and legal, deals and consulting, we help clients build, accelerate, and sustain momentum. Find out more at www.pwc.com and www.pwc.lu .