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Romania Junior Actuarial Consultant

  • Location
    (ROMANIA) and Bucharest
  • Job Reference
    11576
  • Functional Area/Experience
    Business, Accounting & Finance / Fresh Graduate

Job Description & Qualifications

A career in our Financial Services Audit practice, within External Audit services, will provide you with the opportunity to provide a range of Assurance services and business advice to a variety of clients from small, fast growing clients to large entities. Our clients are often well known brands and many have broad international reach. We focus on using the latest technology to reduce the level of manual testing ensuring you’ll focus on the most valuable areas of client service and on enhancing corporate governance and the reliability of our clients’ information.

Our team helps financial organisations navigate regulatory complexity while strengthening trust and transparency in their business. Our clients cover industries within banking and capital markets, private equity, insurance, and consumer finance. While many of the rules of business have changed, the fundamentals haven’t. You’ll work alongside senior members of the client’s management team in planning the audit process from beginning to end, ensuring completeness, accuracy, and fair presentation of our client’s information.

Knowledge and experience

  • College / university degree in economics or in mathematics;
  • 0 to 2 years actuarial experience;

Responsibilities

  • Actuarial support to audits of life and non-life insurance companies;
  • Review of insurance technical reserves under different accounting standards;
  • Advisory activities relating to IFRS17;
  • Evaluation of capital requirements under Solvency II standard formula or internal/partial internal model and review of the Solvency II balance sheet;
  • Employee benefits valuations under IFRS;
  • Actuarial valuations and advisory activities.

What we offer to You

  • Challenging tasks, dynamic work environment;
  • Opportunity to work on high-profile clients of the firm in Romania and in CEE region;
  • Opportunity to develop and benefit on the IFRS 17 “on the job training” as well as IFRS 17 training within CEE region. IFRS 17 – “Insurance Contracts” is the new insurance accounting standard which is going to reshape the insurance industry as we know it;
  • Opportunity to work on IFRS 17 implementation for insurance companies within the Romanian market, and potentially secondment on IFRS 17 implementation within the CEE region and Western Europe;
  • Opportunity to integrate with PwC’s actuarial network across CEE;
  • Great career & development opportunities, including international experience.


Job Skills/Competencies Required

  • Strong knowledge in Microsoft Excel and other relevant applications;
  • Ability to communicate clearly with colleagues and clients at all levels both in English and Romanian.
  • Ability to operate in multitasking environment;
  • Strong communication and interpersonal skills;
  • Flexibility and ability to work in a team;
  • Willingness to travel across CEE, and not only.
Apply now