Actuarial Services Associate

PwC Luxembourg is the largest professional services firm in Luxembourg with 3,100 people employed from more than 85 different countries. It provides audit, tax and advisory services, including management consulting, transaction, financing and regulatory advice, to a wide variety of international clients.

Your challenge

Our Actuarial Services department is growing and we are looking for Associates who are eager to work in a dynamic and rewarding environment.

As an actuarial associate you will:

• Assist our clients with the set up and monitoring of Solvency II: diagnosis, quantitative research and calculations, analysis of risk management, optimisation aspects;
• Analyse the regulatory and accounting requirements (under IFRS, Lux Gaap) which can be applied to the insurance sector - recalculations of provisions, review of experience studies supporting actuarial assumptions;
• Support the other teams and clients in projects - M&A and DD engagements, credit risk modelling projects, risk-capital modelling, IFRS17 implementation, controls environments, actuarial outsourcing;
• Be involved in assignments relating to companies’ resettlement/creation (insurance, reinsurance, pension funds): feasibility analysis, restructuring of capital ownership and portfolio transfer.

Your profile

• You hold a university degree with a specialization in actuarial science, mathematics, statistics or quantitative finance
• Previous working experience as an actuary is a plus
• Experience in modelling in R and Python is a plus
• You are pragmatic, dynamic, rigorous, methodical and precise
• You are fluent in English and French and/or German. Any other languages is an asset
• You are intellectually curious and open to other activities in the field of insurance