Actuarial Analyst (General Insurance)

Department Icon Insurance- General Insurance
93+ Applicants
Posted: 1 year ago
2-4 years
Mumbai
Hybrid
Upto ₹0 - ₹0

Posted: 1 year ago
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Applicants: 94+
Job Description
About Company
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Job Description

What role you will play in team: You will be part of a team building and maintaining actuarial models for general insurance products. Your work directly influences pricing, reserving, and financial planning.

What you will do: You will develop and maintain actuarial models, conduct analyses, and provide recommendations. Your work is critical for sound financial decision-making.

Key responsibility:

  • Develop and maintain actuarial models for pricing, reserving, and capital modeling.
  • Analyze data to assess risk and evaluate insurance products.
  • Prepare actuarial reports and presentations for management.
  • Contribute to the development of actuarial methodologies and standards.
  • Stay up-to-date on actuarial regulations and best practices.
  • Collaborate with other actuarial analysts and stakeholders.

Required Qualification and Skills:

  • Bachelor's or Master's degree in Actuarial Science or a related field.
  • Progress towards actuarial exams (e.g., SOA or IFoA).
  • Strong analytical and problem-solving skills.
  • Proficiency in statistical software (e.g., R, SAS).
  • Experience with actuarial modeling software (preferred).
  • Excellent communication and presentation skills.

    Looking to get Placed? Try our Placement Guarantee Plan

Benefits Included:

  • Competitive salary and benefits package.
  • Opportunities for professional development and career advancement.
  • Support for actuarial exams.
  • Collaborative and supportive work environment.
  • Global mobility opportunities.

A Day in the Life: Your day will involve building and maintaining actuarial models, analyzing data, preparing reports, and collaborating with other team members.

Skills

Actuarial ModelingData AnalysisRisk AssessmentStatistical SoftwareCommunication

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About Company

PwC India Careers 2025 – Overview

PwC (PricewaterhouseCoopers) is one of the Big Four professional services firms and a global leader in assurance, tax, advisory, and technology consulting. In India, its journey began in the late 19th century and has since evolved into a multi‑disciplinary advisory powerhouse.

Today, PwC operates from major hubs including Mumbai, Delhi NCR, Bengaluru, Kolkata, Hyderabad, Chennai, and Pune, with an expanding presence in Tier‑2 cities. Under the leadership of Sanjeev Krishan (Chairman, PwC India), the firm serves clients across financial services, healthcare, industrial manufacturing, automotive, technology, media, telecom, energy, and consumer goods.

PwC India fosters a culture of collaboration, continuous learning, and delivering sustained outcomes, aligning with its global strategy, The New Equation — combining human ingenuity with technology innovation.

Business Model

PwC operates as a service‑based B2B professional services firm, generating revenue through fee‑based advisory, assurance, tax, risk, and consulting engagements.

Its model blends:

  • Deep industry expertise with technology‑driven solutions
  • Long‑term client partnerships built on trust and recurring engagements
  • Global delivery capabilities with India as both a domestic and offshore consulting hub

Vision 2030 sets ambitious goals to:

  • Triple India revenue by 2030
  • Expand the workforce to 50,000+ employees
  • Invest in AI, cloud, cybersecurity, sustainability, and digital transformation
  • Strengthen women in leadership and diversity initiatives
  • Build regional delivery hubs in Tier‑2/3 cities to tap into new talent pools

Recent Wins & Recognition

  • 22% YoY growth in FY25, reaching ₹9,200 crore in India revenue (https://www.pwc.in/press-releases/2025/pwc-india-reports-22-percent-growth.html).
  • Opened a state‑of‑the‑art Gurugram office in 2025 — sixth in NCR (https://www.pwc.in/press-releases/2025/pwc-opens-new-gurugram-office.html).
  • Strategic advisor on Haldiram’s Temasek and Alpha Wave Global deals (https://economictimes.indiatimes.com/industry/services/consultancy-/-audit/pwc-advises-haldirams-on-temasek-alpha-wave-deal/articleshow/).
  • Integrated Agentic AI into its Intelligent Spend Management Suite with Automation Anywhere (https://www.pwc.in/press-releases/2025/pwc-and-automation-anywhere-launch-agentic-ai-suite.html).
  • Ranked among the top five global destinations for CEO investment plans in PwC’s Global CEO Survey – India perspective (https://www.pwc.in/research-insights/ceo-survey/india-report.html).
  • Recognised for ESG leadership and inclusive workplace culture in multiple industry rankings (https://www.pwc.in/about-us/awards-and-recognition.html).

Culture & Values

PwC’s culture is anchored in The New Equation — combining human ingenuity with technology innovation to deliver sustained outcomes.

Core values include:

  • Act with integrity
  • Make a difference
  • Care for colleagues and clients
  • Work together across boundaries
  • Reimagine the possible

The firm actively promotes diversity, equity, and inclusion, offers global mobility opportunities, and invests heavily in continuous learning through PwC’s Digital Fitness app and leadership academies.


Client‑Facing Businesses

Assurance

What it is – PwC’s core audit and assurance practice, focused on providing trust and confidence in financial and non‑financial information. Careers in India include:

  • Statutory Audit – Auditing company financial statements.
  • Risk Assurance – Internal audit, IT audit, and assurance on internal controls.
  • Accounting & Reporting Advisory – Guidance on complex accounting standards and reporting.
  • ESG & Sustainability Assurance – Assurance over sustainability and climate disclosures.

Consulting

What it is – Advises clients on growth, transformation, and performance, blending strategy with technology and human capital. In India, career opportunities span:

  • Strategy, Analytics & M&A – Corporate strategy, market entry, pricing, and M&A advisory.
  • Operations Transformation – Process optimisation, supply chain, and operational excellence.
  • Customer Transformation – Customer experience, branding, and digital marketing strategies.
  • People & Organisation – Workforce strategy, change management, and HR transformation.
  • Technology Consulting – ERP implementation, cloud, cybersecurity, and data analytics.

Deals (Financial Advisory)

What it is – PwC’s “Deals” practice, covering the full M&A lifecycle and crisis management. India‑based roles cover:

  • M&A Advisory / Corporate Finance – Buy‑side and sell‑side deal advisory.
  • Transaction Services – Financial due diligence for acquisitions and divestitures.
  • Valuation Services – Independent valuations of companies, assets, and securities.
  • Restructuring Services – Stabilisation and recovery for distressed companies.
  • Forensic Services – Fraud investigation, dispute resolution, and compliance reviews.

Risk Advisory

What it is – Helps organisations identify, manage, and transform risk across cyber, regulatory, financial, and strategic domains. Careers in India include:

  • Cyber Risk – Cybersecurity strategy, operations, and incident response.
  • Strategic & Reputation Risk – Enterprise risk, resilience, and brand protection.
  • Regulatory & Legal Risk – Compliance programs and regulatory remediation.
  • Financial Risk – Market, credit, and liquidity risk management.

Tax & Regulatory

What it is – End‑to‑end tax, regulatory, and mobility solutions aligned with business strategy. In India, career paths include:

  • Corporate & International Tax – Direct tax compliance and cross‑border structuring.
  • Indirect Tax (GST & Customs) – GST implementation, returns, and customs advisory.
  • Transfer Pricing – Planning, benchmarking, and dispute resolution.
  • Global Mobility Services – Mobility tax, immigration, and payroll compliance.


Internal Firm Services (IFS)

What it is – Often called “Enabling Areas”, these are PwC’s internal business units that support all client‑facing professionals and ensure smooth firm operations. Careers in India within IFS include:

  • Talent (Human Resources) – Recruitment, onboarding, performance management, learning & development, employee engagement, and career progression programs.
  • Information Technology Services (ITS) – Internal tech infrastructure, hardware/software support, network management, cybersecurity, and digital workplace tools.
  • Finance & Administration – Firm‑wide budgeting, accounting, expense management, procurement, and office facilities operations.
  • Brand, Marketing & Communications (BMC) – Brand strategy, marketing campaigns, proposal development, public relations, and internal communications.
  • Risk & Legal – Internal risk management, compliance, contract review, legal advisory, and regulatory governance.


Read More

Important dates & deadlines?

Application Deadline

05 Jun 25, 11:38 AM IST

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Actuarial Analyst (General Insurance)

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