Insurance Risk Advisory

Job Profile: Insurance Risk Advisory - Senior Associate 2

Company: AIMS

Location: Mumbai

Start Date: ASAP

About PwC:

We’re one of the world’s leading professional services organisations. From 158 countries, we help our clients, some of the most successful organisations on the globe, as well as its most dynamic entrepreneurs and thriving private businesses, to create the value they want. Our purpose is to build trust in society and solve important problems.

About Risk:

Risk is all around us and in our complex world, is changing all the time. Our teams bring people from diverse backgrounds together, using their skills and cutting-edge technology, to help solve complex problems. We are pioneers in a world of changing risk and our market leading services build resilient organisations. Join us and together, we can support our clients to rethink risk.

About the Team:

A career within our Insurance Risk Advisory team will provide you with the opportunity to help companies on their risk and control frameworks, general accounting and finance advisory and managing finance change programmes. We form part of a big team with over 90 people and offer a broad range of services. Our team is self-starting, agile and thrive on bringing past experiences to new and diverse challenges. They are happy to work as individuals or as part of multi-disciplinary teams to provide hands-on, client facing services to our clients across Insurance, banking, brokerage, and several other financial sectors - depending on your previous skills and experience as well as your own interests.

About the role:

We are looking for people who are interested in learning about the services we provide and are self-starting, agile and thrive on bringing previous experience to new and diverse challenges. They are happy to work as individuals or as part of multi-disciplinary teams to provide hands-on support to our clients in the Financial Services area around accounting advisory, governance risk and controls as well as critical business change. These client facing services can be in the form of consulting advice, implementation support or review and recommend reports. Within Insurance Risk Advisory we have a number of different sub propositions that you will work across.

What your days will look like:

• Delivering client facing internal control and finance transformation projects, engaging with client stakeholders on a day to day basis and preparing high quality deliverables.
• Working in teams to deliver engagements, including monitoring engagement progress and budget.
• Acting as a financial controls / SOx / ICFR subject matter expert for clients and internal stakeholders on projects.
• Liaising with other PwC specialists (e.g. Risk Modelling, Regulation and IT specialists) to provide an integrated service to our clients.
• Support our clients with financial risk and controls programmes, including process and controls design, transformation and optimisation, so they achieve their broader business objectives safely (e.g. Sarbanes-Oxley Act (SOx) and Internal Controls over Financial Reporting (ICFR) framework implementation or enhancement, controls optimisation, etc.).
• Support our clients with the delivery of their finance change and transformation programme and any change programme driven by organisational change, new reporting standards or the need to improve their financial reporting function (e.g. implementation of new accounting standards, GAAP conversions, Long Duration Targeted Improvements (LDTIs), reporting rationalisation projects, etc).

This role is for you if you are:

An ambitious and enthusiastic member of the team, with the ability to communicate with people from a range of backgrounds at any level or grade. We are looking for someone who is keen to learn, who can think on their feet, and apply their knowledge in a fast moving working environment. You will receive appropriate training and coaching for the engagements that you will undertake. The role will provide you with experience of working with Financial Services clients, where you can demonstrate your understanding of finance, accounting and financial controls. For the right individual, the role provides an outstanding opportunity to progress, develop and be rewarded for achievement as part of a successful and growing part of the PwC business.

• Must possess a chartered or certified accountancy qualification (ACA or international equivalent).
• Technical knowledge and experience within the Insurance market.
• Technical experience and practical knowledge of IFRS, UK GAAP and/or US GAAP, and an interest in developing this knowledge further (e.g. audit or financial reporting experience).
• A strong understanding of SOx compliance requirements and financial controls best practice, (e.g. experience in evaluating controls design and recommending remediations to optimise risk mitigation in various insurance specific business processes).
• Possession of strong team working and leadership skills, including the ability to work as a team and under your own initiative.
• Demonstrable experience of working on multiple projects, managing your time effectively to deliver high quality work to tight deadlines.

The skills we look for in future employees:

All our people need to demonstrate the skills and behaviours that support us in delivering our business strategy. This is important to the work we do for our business, and our clients. These skills and behaviours make up our global leadership framework, ‘The PwC Professional’, and are made up of five core attributes; whole leadership, technical capabilities, business acumen, global acumen and relationships.