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PricewaterhouseCoopers (PwC)

Global professional services: assurance, tax, consulting

Actuarial New Grad - Actuarial

Actuarial & Risk ModellingConfirmed live in the last 24 hours
Full-timeMadrid, SpainNo salary listedIn-person

About the Job

Requirements

  • A degree in Actuarial Sciences or a Master's in Actuarial Sciences is required; quantitative profiles with a technical focus are also valued.
  • A high level of English is required.
  • Experience or internships in actuarial consulting, actuarial auditing, or an insurance company are valued.
  • Ability to work in a team, customer orientation, and interest in continuous training.

Responsibilities

  • Analyze technical provisions using international best-practice methodologies.
  • Participate in projects implementing Solvency II Pillar I (SF and MI) at non-life insurance companies.
  • Provide actuarial consulting to non-life insurance companies.
  • Provide actuarial consulting on IFRS 17 projects.
  • Conduct due diligence in M&A processes.
  • Perform actuarial audits for Spanish and multinational life insurance companies under Spanish regulations and IFRS.
  • Review MCEV and EC for multinational life insurance companies as part of international teams.
  • Provide actuarial consulting using Prophet for life insurance companies.

Desired Qualifications

  • Knowledge of a pricing or reserving tool at user level, such as IBNRS, ResQ, or MGate.
  • Knowledge of an actuarial valuation tool at programmer level, preferably Prophet, and knowledge of Embedded Value, Solvency II Pillar I, and IFRS 17.
  • Experience with programming languages such as Python, VBA, R, C++, SAS, Matlab, or other symbolic algebra tools.
  • Knowledge of additional languages.

About the Company

PricewaterhouseCoopers (PwC)

Global professional services: assurance, tax, consulting

PwC provides assurance (audit), tax, legal services, consulting and deals advisory to organisations worldwide. It uses multidisciplinary teams across accounting, advisory, technology and industry, delivered through a global network of locally established firms that collaborate with technology partners to offer AI, cloud, managed services and digital trust. PwC differentiates itself with an integrated, global-local service model and technology-enabled offerings that address complex client needs across risk, transformation, reporting and sustainability. Its goal is to help clients improve governance, efficiency and value by supporting reporting accuracy, business transformation, risk management and sustainable practices.

Company size
10,001+
Company stage
Early VC
Total funding
$3.3M
Headquarters
London, United Kingdom
Founded
1989

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