11 Solvency Jobs

As an integral part of our team, you will play a key role in assisting with the business financial planning for our entire company. Your strong understanding of General Insurance financials, including Profit & Loss, Balance Sheet, Solvency, and more, will be crucial in this role. Having a Chartered Accountant qualification or being an Actuarial student would be an added advantage that could further enhance your contributions. With a minimum of 3-6 years of work experience in financial planning or the finance department of a General Insurance company, you will bring valuable insights and expertise to the table. In addition to your financial planning responsibilities, you will also be tasked with running a Project Management Office (PMO) that spans across various domains such as Actuarial, Underwriting, and Claims. Therefore, having very strong Excel skills and a deep understanding of financials will be essential for success in this position. If you have 3-6 years of experience in Financial Planning or Finance within the General Insurance industry and hold a Chartered Accountant qualification, we would like to hear from you. Join our team and be a part of our dynamic and innovative company.,

At EY, you'll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we're counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all. As an EU Regulatory Reporting Specialist at EY, you will work as a senior on multiple workstreams or clients as a part of the Regulatory Reporting BAU/Production team. You will be responsible for understanding the intricacies around the European Regulatory reporting framework and collaborating effectively with the onshore/offshore team members. Your role will involve performing detailed analysis, ensuring high-quality deliverables, working independently with minimum supervision, and identifying areas of improvement to streamline the work environment. To be successful in this role, you should have 4-8 years of experience in the Banking Capital Markets or Wealth & Asset Management industry with exposure to European-based regulatory reporting. A Master's degree in accounting or finance is mandatory, while an MBA, CA, CPA, ACCA, or equivalent degree would be beneficial. Additionally, a strong understanding of the financial industry, fund accounting, expense reporting, tax reporting, asset types, and derivatives is required. Direct exposure to European regulatory reporting such as MiFID II transaction reporting, PRIIPs, ESMA, CBI, AIFMD, CSSF, URR, SFDR, SFTR, EMIR, Solvency, Form PF, ASIC trade/transaction reporting, MAS trade/transaction reporting, Finfrag trade/transaction reporting, or any other transaction, valuation, or back reporting is a plus. You should possess functional knowledge in the Wealth & Asset Management domain, capital market OTC derivative products, product taxonomies in Regulatory Reporting, Lux/UK GAAP, accounting knowledge, and applications used in the Fund Accounting or reporting process. Furthermore, you are expected to have clear communication skills, both written and verbal, along with the ability to facilitate necessary conversations between Business and technology to determine product features. Continuous learning, transformative leadership, and a diverse and inclusive culture are some of the benefits you can expect while working at EY. Join EY in building a better working world by leveraging your skills and expertise to create long-term value for clients, people, and society, and to build trust in the capital markets.,

A career within Actuarial Services will provide you with the opportunity to contribute general insurance advice and consulting services to clients such as insurers, banks, regulators, and third-party administrators. You will provide advice covering solvency, economic capital, risk management, mergers and acquisitions, company restructuring and risk control, financial modeling, underwriting, new legislation, and the efficiency of claims or reporting processes. Your role may involve analyzing the impact that new regulations will have on an insurance company's balance sheet or revising business projections to ensure adequate reserves. To stand out and ensure a successful future in a constantly changing world, each individual at PwC needs to be a purpose-led and values-driven leader at every level. The PwC Professional, our global leadership development framework, sets clear expectations across lines, geographies, and career paths. It emphasizes the skills required for success and career progression in the present and future. **Responsibilities:** As a Senior Associate, working as part of a problem-solving team at PwC, your responsibilities include but are not limited to: - Developing self-awareness, addressing development areas, and leveraging feedback and reflection. - Delegating tasks to provide growth opportunities for others, coaching them to achieve results. - Demonstrating critical thinking and structuring solutions for complex business problems. - Utilizing various tools and techniques to extract insights from industry trends. - Reviewing work for quality, accuracy, and relevance, including that of colleagues. - Making informed decisions on tool usage and explaining the rationale behind choices. - Embracing diverse opportunities to gain exposure to different situations and perspectives. - Communicating effectively and influencing others in a structured manner. - Adapting behavior to build strong relationships and upholding ethical standards. - Contributing to the development of AI solutions, including prompt engineering, retrieval-augmented generation, fine-tuning, and multi-agent systems. - Applying econometric modeling techniques like GLMs, time series analysis, and semi-parametric models. - Using machine learning models such as XGBoost, random forests, and support vector machines. - Ensuring compliance with model-related regulatory requirements during model development, validation, and monitoring. - Proficiency in programming languages like Python, R, Databricks, and React. - Enforcing DevOps best practices including version control, CI/CD, test automation, and collaboration. - Designing, developing, and deploying AI models in real-world client environments. - Monitoring AI trends and supporting project delivery to enhance business processes and decision-making. - Collaborating with cross-functional teams to deliver high-quality solutions aligned with client needs. - Supporting business development efforts and internal GenAI assets to grow the firm's practice. **Qualifications:** **Minimum Educational Qualifications:** - A degree in statistics, mathematics, electrical engineering, physics, econometrics, computer science, or related technical fields. **Credentials - Good To Have:** - A master's degree or PhD in a related field from a premium institute is preferred but not required. **Minimum Years of Experience Requirement (Credential):** - 3-4 years of relevant experience.,

A career within Actuarial Services will provide you with the opportunity to contribute general insurance advice and consulting services to clients such as insurers, banks, regulators, and third-party administrators. You will provide advice covering solvency, economic capital, risk management, mergers and acquisitions, company restructuring and risk control, financial modeling, underwriting, new legislation, and the efficiency of claims or reporting processes. Simply put, you might help analyze the impact that new regulation will have on an insurance company's balance sheet or you could be revising business projections and making sure they have adequate reserves. To really stand out and make us fit for the future in a constantly changing world, each and every one of us at PwC needs to be a purpose-led and values-driven leader at every level. To help us achieve this, we have the PwC Professional; our global leadership development framework. It gives us a single set of expectations across our lines, geographies, and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future. As a Senior Associate, you'll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to: - Use feedback and reflection to develop self-awareness, personal strengths, and address development areas. - Delegate to others to provide stretch opportunities, coaching them to deliver results. - Demonstrate critical thinking and the ability to bring order to unstructured problems. - Use a broad range of tools and techniques to extract insights from current industry or sector trends. - Review your work and that of others for quality, accuracy, and relevance. - Know how and when to use tools available for a given situation and can explain the reasons for this choice. - Seek and embrace opportunities that give exposure to different situations, environments, and perspectives. - Use straightforward communication, in a structured way, when influencing and connecting with others. - Uphold the firm's code of ethics and business conduct. The responsibilities also include contributing to the development of GenAI solutions, applying econometric modeling techniques, utilizing machine learning models, ensuring compliance with regulatory requirements, experience with programming languages and environments, enforcing DevOps best practices, designing, developing, and deploying AI models, monitoring and researching emerging AI trends, supporting project delivery, documentation, technical analysis efforts, working with cross-functional teams, supporting business development efforts, and the development of internal GenAI assets and foundational capabilities to grow the firm's practice. Minimum Educational Qualifications: - A degree in statistics, mathematics, electrical engineering, physics, econometrics, computer science, or another related technical field. Credentials - Good To Have: - A master's degree or PhD in a related field from a premium institute is preferred but is not required. Minimum years of Experience Requirement (Credential) - 3-4 years,

A career within Actuarial Services, will provide you with the opportunity to contribute general insurance advice and consulting services to clients such as insurers, banks, regulators, and third-party administrators. You'll provide advice covering solvency, economic capital, risk management, mergers and acquisitions, company restructuring and risk control, financial modeling, underwriting, new legislation, and the efficiency of claims or reporting processes. Simply put, you might help analyze the impact that new regulation will have on an insurance company's balance sheet or you could be revising businesses" projections and making sure they have adequate reserves. To really stand out and make us fit for the future in a constantly changing world, each and every one of us at PwC needs to be a purpose-led and values-driven leader at every level. To help us achieve this we have the PwC Professional; our global leadership development framework. It gives us a single set of expectations across our lines, geographies, and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future. Responsibilities As a Senior Associate, you'll work as part of a team of problem-solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to: - Use feedback and reflection to develop self-awareness, personal strengths, and address development areas. - Delegate to others to provide stretch opportunities, coaching them to deliver results. - Demonstrate critical thinking and the ability to bring order to unstructured problems. - Use a broad range of tools and techniques to extract insights from current industry or sector trends. - Review your work and that of others for quality, accuracy, and relevance. - Know how and when to use tools available for a given situation and can explain the reasons for this choice. - Seek and embrace opportunities that give exposure to different situations, environments, and perspectives. - Use straightforward communication, in a structured way, when influencing and connecting with others. - Able to read situations and modify behavior to build quality relationships. - Uphold the firm's code of ethics and business conduct. - Help contribute to the development of GenAI solutions, including prompt engineering, retrieval-augmented generation (RAG), fine-tuning, AI agents, and multi-agent systems (MAS). - Apply econometric modeling techniques such as generalized linear models (GLMs), time series analysis, and semi-parametric models (e.g., fractional response models). - Utilize machine learning models including XGBoost, random forests, and support vector machines. - During the development, validation, and monitoring of models, ensure compliance with model-related regulatory requirements and standards such as SR 11-7, Colorado SB21-169, NIST, ISO 42001, and the NAIC Model Bulletin. - Experience with programming languages and environments such as Python, R, Databricks, and React. - Enforce DevOps best practices, including version control (Git), CI/CD, test automation, infrastructure as code, system monitoring, and cross-functional collaboration. - Design, develop, and deploy AI models in real-world client and business environments. - Monitor and research emerging AI trends, fostering an agile, forward-looking development environment. - Support project delivery and work with clients to process structured and unstructured data to improve business processes, workflows, and decision-making. - Support the documentation and technical analysis efforts for validators, auditors, and regulators; clearly communicate complex concepts to non-technical stakeholders. - Work with cross-functional teamsdata engineers, architects, and data scientiststo deliver efficient, high-quality solutions aligned with client needs. - Support business development efforts, including the technical sales cycles and the client proposal process. - Support the development of internal GenAI assets and foundational capabilities to grow the firm's practice. Qualifications Minimum Educational Qualifications: A degree in statistics, mathematics, electrical engineering, physics, econometrics, computer science, or another related technical field. Credentials - Good To Have A master's degree or PhD in a related field from a premium institute is preferred but is not required. Min years of Experience Requirement (Credential) - 3-4 years,

A career within Actuarial Services will provide you with the opportunity to contribute general insurance advice and consulting services to clients such as insurers, banks, regulators, and third-party administrators. You will provide advice covering solvency, economic capital, risk management, mergers and acquisitions, company restructuring and risk control, financial modeling, underwriting, new legislation, and the efficiency of claims or reporting processes. Simply put, you might help analyze the impact that new regulation will have on an insurance company's balance sheet or you could be revising business projections and making sure they have adequate reserves. To really stand out and make us fit for the future in a constantly changing world, each and every one of us at PwC needs to be a purpose-led and values-driven leader at every level. To help us achieve this, we have the PwC Professional; our global leadership development framework. It gives us a single set of expectations across our lines, geographies, and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future. Responsibilities As a Senior Associate, you'll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to: - Use feedback and reflection to develop self-awareness, personal strengths, and address development areas. - Delegate to others to provide stretch opportunities, coaching them to deliver results. - Demonstrate critical thinking and the ability to bring order to unstructured problems. - Use a broad range of tools and techniques to extract insights from current industry or sector trends. - Review your work and that of others for quality, accuracy, and relevance. - Know how and when to use tools available for a given situation and can explain the reasons for this choice. - Seek and embrace opportunities that give exposure to different situations, environments, and perspectives. - Use straightforward communication, in a structured way, when influencing and connecting with others. - Able to read situations and modify behavior to build quality relationships. - Uphold the firm's code of ethics and business conduct. - Help contribute to the development of GenAI solutions, including prompt engineering, retrieval-augmented generation (RAG), fine-tuning, AI agents, and multi-agent systems (MAS). - Apply econometric modeling techniques such as generalized linear models (GLMs), time series analysis, and semi-parametric models (e.g., fractional response models). - Utilize machine learning models including XGBoost, random forests, and support vector machines. - During the development, validation, and monitoring of models, ensure compliance with model-related regulatory requirements and standards such as SR 11-7, Colorado SB21-169, NIST, ISO 42001, and the NAIC Model Bulletin. - Experience with programming languages and environments such as Python, R, Databricks, and React. - Enforce DevOps best practices, including version control (Git), CI/CD, test automation, infrastructure as code, system monitoring, and cross-functional collaboration. - Design, develop, and deploy AI models in real-world client and business environments. - Monitor and research emerging AI trends, fostering an agile, forward-looking development environment. - Support project delivery and work with clients to process structured and unstructured data to improve business processes, workflows, and decision-making. - Support the documentation and technical analysis efforts for validators, auditors, and regulators; clearly communicate complex concepts to non-technical stakeholders. - Work with cross-functional teamsdata engineers, architects, and data scientiststo deliver efficient, high-quality solutions aligned with client needs. - Support business development efforts, including the technical sales cycles and the client proposal process. - Support the development of internal GenAI assets and foundational capabilities to grow the firm's practice. Qualifications Minimum Educational Qualifications: A degree in statistics, mathematics, electrical engineering, physics, econometrics, computer science, or another related technical field. Credentials - Good To Have A master's degree or PhD in a related field from a premium institute is preferred but is not required. Min years of Experience Requirement (Credential) - 3-4 years,

At EY, you'll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture, and technology to become the best version of yourself. Your unique voice and perspective are crucial in helping EY become even better. Join us and contribute to building an exceptional experience for yourself and a better working world for all. As an EU Regulatory Reporting Specialist at the senior level, you will work on multiple workstreams or clients as part of the Regulatory Reporting BAU/Production team. Your key responsibilities will include understanding the European Regulatory reporting framework, performing detailed analysis, ensuring high-quality deliverables in a timely manner, working independently with minimum supervision, identifying areas of improvement, and executing detailed procedures based on knowledge of funds, asset management concepts, and financial reporting processes. To excel in this role, you must possess clear communication skills, both written and verbal, along with 4-8 years of experience in Banking Capital Markets or Wealth & Asset Management industry with exposure to European-based regulatory reporting. A master's degree in accounting or finance is mandatory, while an MBA, CA, CPA, ACCA, or equivalent degree would be advantageous. Additionally, a strong understanding of the financial industry, fund accounting, tax reporting, asset types, and derivatives is required. Direct exposure to European regulatory reporting such as MiFID II transaction reporting, PRIIPs, ESMA, CBI, AIFMD, CSSF, URR, SFDR, SFTR, EMIR, Solvency, Form PF, ASIC trade/transaction reporting, MAS trade/transaction reporting, or other transaction reporting is a plus. You should have functional knowledge of WAM domain, capital market OTC derivative products, product taxonomies in Regulatory Reporting, Lux/UK GAAP, accounting knowledge, and applications used in Fund Accounting or reporting process. Being part of EY Global Delivery Services (GDS) offers you a dynamic and truly global delivery network. You will collaborate with EY teams on exciting projects, work with well-known brands, and have access to continuous learning opportunities. EY is committed to building a diverse and inclusive culture where you can make a meaningful impact. Join us in building a better working world where you can contribute to long-term value for clients, people, and society while embracing transformative leadership and asking better questions to find new answers for the complex issues facing our world today.,

As a Financial Analyst at our Mumbai (Vikhroli) office, your responsibilities will include conducting monthly analysis and reporting to the Regional office. You will play a key role in publishing the Monthly Topline alongside the CEO and Regional office at the start of each month. Maintaining the company level premium register and premium MIS will be part of your daily tasks. Additionally, you will assist in various month-end activities such as preparing monthly P&L statements, MIS reports, and tracking the FGLI Market position. Your role will also involve delivering monthly business presentations for management and generating various functional variance analyses including Actual vs Budget vs prior comparisons. Furthermore, you will support in Channel variance analysis. In the realm of Budget & Forecasting, you will aid in quarterly business forecast analysis to monitor the company's progress and actively participate in the preparation of yearly budgeting activities. Your role will also encompass Industry Analysis where you will be conducting competitive market analysis and comparisons to support critical business decisions. Moreover, you will assist in preparing quarterly CFO & CEO decks for Board meetings. The ideal candidate for this position should hold a CA qualification with a minimum of 4 years of work experience or an MBA in finance with at least 5 years of experience. Key skills required for this role include a good understanding of the life insurance industry, familiarity with concepts such as EOM, Solvency, IGAAP profits, SAP knowledge, proficiency in Microsoft Excel, Word, and PowerPoint, as well as excellent communication and presentation skills.,

A career within Actuarial Services, will provide you with the opportunity to contribute general insurance advice and consulting services to clients such as insurers, banks, regulators, and third party administrators. You'll provide advice covering solvency, economic capital, risk management, mergers and acquisitions, company restructuring and risk control, financial modelling, underwriting, new legislation, and the efficiency of claims or reporting processes. Simply put, you might help analyse the impact that new regulation will have on an insurance company's balance sheet or you could be revising businesses projections and making sure they have adequate reserves. To really stand out and make us fit for the future in a constantly changing world, each and every one of us at PwC needs to be a purpose-led and values-driven leader at every level. To help us achieve this we have the PwC Professional; our global leadership development framework. It gives us a single set of expectations across our lines, geographies and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future. Responsibilities As a Senior Manager, you'll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to: - Encourage everyone to have a voice and invite opinion from all, including quieter members of the team. - Deal effectively with ambiguous and unstructured problems and situations. - Initiate open and candid coaching conversations at all levels. - Move easily between big picture thinking and managing relevant detail. - Anticipate stakeholder needs, and develop and discuss potential solutions, even before the stakeholder realizes they are required. - Contribute technical knowledge in the area of specialism. - Contribute to an environment where people and technology thrive together to accomplish more than they could apart. - Navigate the complexities of cross-border and/or diverse teams and engagements. - Initiate and lead open conversations with teams, clients and stakeholders to build trust. - Uphold the firm's code of ethics and business conduct. Job Description Our life modelling team leverages sophisticated actuarial software to develop, test and run models that perform a variety of complex calculations for our life, annuity, and health insurance clients. We support the audits of several of the largest insurers in the world. This includes public, private and mutual insurers. It also includes the insurance operations of several banks and private equity firms. Our team primarily uses Axis and Prophet but also uses other vendor software or work on models developed by our clients. We design, build and test new models for our clients. We also convert existing models to models supported by other vendors. The models are used for financial and capital reporting, testing clients models, and mergers and acquisitions activities. Using these actuarial models, our team also performs valuation and reporting services for our clients as part of our managed service offering. Skills Required Demonstrates proven extensive knowledge of, and/or success in managerial roles involving, technical actuarial subject matter specialization, especially in Life or Non-Life industry and regulatory developments. - Demonstrates some proven knowledge of database structures and data process flows. - Demonstrates some proven abilities and/or success with using actuarial software, preferably Axis or Prophet. - Demonstrates some proven abilities and/or success as a team leader: creating a positive environment by monitoring workloads of the team while meeting client expectations and respecting the work-life quality of team members; providing candid, meaningful feedback in a timely manner; keeping leadership informed of progress and issues; answering questions and providing direction to less-experienced staff. - Demonstrates some proven level abilities and/or success with writing, communicating, facilitating, and presenting cogently; to and/or for all levels of industry audiences, clients, and internal staff and management. Qualification: Pursuing/Completed Actuarial Science Experience: 7 years,

Roles & Responsibilities P&C Pricing and Optimisation Help clients to optimise their insurance strategy by ensuring that the price they pay is optimum for the level of risk being transferred. Construct forward looking actuarial loss forecast models for corporations across all geographies and industries. Produce strategic recommendations based on model results to help clients manage their risks more effectively. Capital Modelling and Solvency II Providing an objective view of the profitability and financial strength of captive insurers. Actively contribute to the Actuarial Function of these Captive Insurers and review their Solvency Capital Requirements (SCR) and Technical Provision (TPs), periodically. Assist in developing assumptions, and challenging them where required, to ensure a robust risk management framework. Support ongoing compliance with regulations and timely completion of regulatory returns across a number of domiciles P&C Reserving Work collaboratively with fellow colleagues to produce actuarial reserving analysis for both our corporate clients and captive insurance clients. Write client deliverables / reports in a clear, concise and appropriate style. Aside from the core activities described above, the successful candidate will also be expected to assist with ad-hoc projects which could include, but are not limited to: Bespoke modelling. Development of modelling tools. Assisting with client pitches and Request for Proposals (RfPs). Researching prospects and markets. ERM projects. The successful candidate will receive training and study support within a stimulating, multi-disciplined team of actuaries and other risk professionals to develop their technical, commercial and management skills. Shift timing 1:30 PM to 10:30 PM Min 4-8 Papers either from IFOA or IAI

Role & responsibilities 1. Regulatory and Legal Expertise: Understanding of IRRD and Solvency II frameworks, including amendments and their implications. Familiarity with EU and UK insurance regulations, especially around recovery and resolution planning. Ability to interpret and apply technical standards and guidelines issued by EIOPA and national authorities. 2. Risk Management and Governance Experience in enterprise risk management (ERM), including identification, assessment, and mitigation of systemic and operational risks. Knowledge of sustainability risks, cybersecurity, and climate-related financial risks as part of the Own Risk and Solvency Assessment (ORSA). Skills in developing and maintaining governance frameworks, including board-level oversight and compliance structures. 3. Financial and Actuarial Analysis Proficiency in financial analysis, including solvency capital requirements (SCR), minimum capital requirements (MCR), and stress testing. Ability to prepare and review pre-emptive recovery plans, including financial indicators and remedial actions. Familiarity with technical provisions, liquidity planning, and asset-liability management.4. Strategic Planning and Resolution Preparedness Capability to support or lead the development of resolution plans, including solvent run-off strategies, asset separation, and sale of business tools. Experience in resolvability assessments, including intra-group financing, exposure limits, and operational restructuring. Understanding of cross-border supervisory coordination and implications for multinational insurance groups. 5. Data, Reporting, and Technology Skills in data governance, regulatory reporting, and digital operational resilience (aligned with DORA). Familiarity with decision support tools and systems used for compliance tracking and reporting. Ability to manage communication strategies during recovery/resolution scenarios. 6. Stakeholder Engagement and Communication Strong interpersonal and communication skills to engage with regulators, internal stakeholders, and external auditors. Experience in policyholder protection and public interest considerations during resolution planning.