Actuarial Consulting – London - Investment Banking - Senior Consultant Job Details

To support ongoing growth in the non-traditional areas of its actuarial consultancy, PwC is seeking Senior and Principal Consultant level individuals with specific technical skills and experience. The roles will be based in our new office at More London Riverside, sitting within the Actuarial Insurance Management Solutions (AIMS) practice within Assurance.
The roles will mainly focus on our investment banking clients but may cover a wide range of areas including financial/stochastic modelling, asset valuation, capital modelling under Basel, credit risk, impairment provisioning, financial instruments and derivatives, risk management, model risk, market risk and liquidity. They will suit individuals with relevant experience who want a new challenge and a varied application of their existing skills, who are able to work well both independently and as part of a team and are comfortable with responsibility.

The AIMS practice comprises over 240 partners and staff and works in a friendly, positive and vibrant atmosphere, where people are encouraged to take responsibility at an early stage. Ongoing growth in non-traditional areas of actuarial consultancy has led the AIMS practice to seek additional team members with appropriate skills and experience to support development of the business. PwC seeks to develop accomplished consultants.This means exposure to a wide range of project situations (often working with specialists from other disciplines within PwC such as Transaction Services, Regulatory, Risk Advisory, Corporate Finance, Business Recovery/Restructuring, Forensics, Tax, Accounting and Internal Audit), clients and industries, as well as opportunities for secondments in the UK and overseas. The AIMS practice has an unrivalled client base and breadth of projects. Within the insurance sector, we have advised 18 out of the Top 20 UK insurers, a wide cross-section of the London Market, major global reinsurers and bancassurers. Our non-insurance clients include investment banks, retail banks, private equity houses, hedge funds, HM Treasury, primary care trusts, local authorities, multinational oil and gas companies, pharmaceuticals, manufacturers in light and heavy industries, telecoms companies, retailers and mining conglomerates. Client assignments across the practice cover areas such as financing modelling, valuation of complex assets and derivatives, capital modelling, credit and market risk modelling, model validation, operational risk, enterprise risk management (across all industry sectors), data mining, financial and commercial due diligence (sell side and buy side), predictive analytics, specialist support to internal audit functions and statutory audits.
Principal accountabilities include:

• Providing the highest quality of service to our clients at all times in order to maintain and enhance the firm’s standing and market reputation.
• Developing and delivering pragmatic and commercial modelling solutions and other related products.
• Applying modelling skills and experience to a wide variety of assignments, primarily focussed on investment banking but potentially including clients in a range of industries.
• Developing new and existing client relationships, acting as the main point of day-to-day contact on assignments and developing broader networks.
• Active involvement in developing new opportunities with both existing and new clients, including playing a pivotal role in client pitches and proposals and proactive contribution to research and development projects.
• Managing and coaching other team members and ensuring the timely delivery of assignments, consistently maintaining our risk and quality standards.
• Leading or contributing to the development and distribution of information or training programmes that enhance the department’s and clients’ understanding of key issues.
• Raising personal profile internally and externally and enhancing the firm’s reputation.

This role would suit a candidate who has excelled in their current role but is looking to develop into a more varied and client-focused management position within a consultancy environment.

• Strong problem solving and logical reasoning skills, particularly quantitative analytical skills.
• Strong oral, listening and written communication skills, especially communication of technical concepts to a non-technical audience.
• Strong people management, handling and developments skills.
• Commercial awareness with the ability and experience of working within a broader business environment.
• Banking industry knowledge and experience including familiarity with the main asset classes including derivatives.
• Strong and flexible project and financial management skills, effective prioritisation, ability multi-task and to deliver projects within budget and deadlines.
• Excellent interpersonal skills, including inter-personal sensitivity and influencing skills.
• Good internal/external client handling and relationship-building skills.
• Strongly committed to both personal and corporate success.

• Coding experience (e.g.VBA/Visual Basic, C/C++/C#, Matlab).
• Experience of statistical packages (S-Plus, R, SAS, EViews).
• Experience of stochastic simulation.
• Practical knowledge of VaR and related methodologies.

Our people need to demonstrate a defined set of core skills and behaviours. We refer to these as our global core competencies. They're integral to who we are as a firm and form the basis of our people appraisal process. We will also assess you against them within our recruitment process to benchmark your own skills and behaviours. We recommend you visit the below web page to find out more about our global core competencies and to consider how your own experiences will align against them. This will help you through the recruitment process with us.
http://www.pwc.com/uk/en/careers/experienced/applying-to-pwc.jhtml