Company : PwC
Job Location : London, UK
Posted on : Wed, 16 Sep 2020 10:13:10 GMT
Job Description :
As one of the UK’s largest Actuarial practices we're market leaders providing insights and solutions for all businesses that face significant and complex risks. We play an important role in supporting clients through uncertain times. Actuaries analyse how future events could affect businesses and we calculate the impact these event could have on our clients. Using our risk and analytical skills and predictive insights, we calculate the impact of changing demographics or legislation on pension schemes, the effects that changes in financial markets have on different organisations, or how likely a business is to be hit by an earthquake. You’ll learn how to use complex financial and statistical theories to weigh up the risks and estimate the odds of what might happen. Just as important, you’ll develop a flair for presenting your findings in simple, easy‑to‑understand language. What’s more, early client exposure will broaden your experience.
In Actuarial Services you’ll work with clients from the insurance industry (both life and general insurance), but also from the banking sector (retail and investment), the healthcare sector, the public sector, as well as corporate clients from the non‑financial services sector like energy and utility providers.
On our Risk Assurance Business, Risk and Controls programme, you’ll have the opportunity to work with a variety of clients and industries.The world is becoming increasingly complex, technology is disrupting almost every aspect of how organisations operate and the pace of change is unprecedented. Organisations have to be more aware of, and responsive to, the risks and opportunities facing them. Governance, risk and controls is a board level topic and offers a diverse and purposeful career. In the initial years of the Business, Risk and Controls pathway you'll be deeply involved in understanding and assessing a client’s business processes, both operational and financial, and their IT environment, identifying and reviewing the risks and controls and providing recommendations to further enhance their design and operation.
Our Summer Internships offer high calibre students the opportunity to experience work and life at PwC, and gain a valuable insight into our business and culture. You’ll work alongside graduate trainees and experienced professionals on live and interesting client projects. You will be doing real work on real clients so be prepared to get stuck in.
What you'll do
Your advice could cover solvency, reserving, economic capital, risk management, mergers and acquisitions, company restructuring and de‑risking, financial modelling, underwriting, new legislation, the viability of new products and the efficiency of claims or reporting processes.
What you'll gain
Discover what a career with us is all about, and boost your employability. You’ll find out first-hand if this is the career for you - do well, and you could be offered a graduate job. Working alongside specialists, you’ll work on client projects to give you the best insight into what we’re about. You’ll have the opportunity to build networks with your colleagues and peer group.
What you'll need
At PwC we no longer use UCAS tariff as an assessment tool for the majority of our undergraduate and graduate opportunities. However, the Institute and Faculty of Actuaries require you to have
A minimum Grade C in A Level mathematics or equivalent*
A second A Level in any subject at a minimum Grade C
In addition to this UCAS requirement, PwC also require you to have - achieved or on target for a 2.1 in any degree discipline
If you’re unable to meet these UCAS requirements, we won't be able to consider you for a role as an Actuary. If you do meet the degree requirement, you may want to consider other programmes on offer which don't have a UCAS tariff requirement. If you would like to find out more about the requirements for the IFoA please refer to the following link - www.actuaries.org.uk/become-actuary/how-become-actuary
Do you need a work permit?
Please note that PwC is unable to sponsor any candidates for the following graduate roles as the Home Office's eligibility criteria will not be satisfied. For more information visit our website.
When to apply
Although there is no application deadline, each year we have only a small number of Graduate roles available. We therefore advise applying early, but please be prepared for a short wait in processing your application at each stage of our process while we consider your application alongside others.
Valuing Difference. Driving Inclusion
We work in a changing world which offers great opportunities for people with diverse backgrounds and experiences. We seek to attract and employ the best people from the widest talent pool because creating value through diversity is what makes us strong as a business, enabling us to solve important problems and deliver value to our clients. We encourage an inclusive culture where people can be themselves, are valued for their strengths and are empowered to be the best they can be. As an organisation with an increasingly agile workforce, we also support different ways of working offering flexible working arrangements. Learn more here about our work to support an inclusive culture.
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