Actuarial Associate

About the role

Join PwC Luxembourg’s Actuarial Services team, part of the broader advisory practice that supports insurance and reinsurance clients. You will work alongside actuaries, risk specialists and accountants on cross‑functional projects, gaining hands‑on experience in a collaborative environment.

Key responsibilities

• Support Solvency II assignments through quantitative analyses, calculations and monitoring activities.
• Analyse regulatory and accounting frameworks such as Solvency II, IFRS and Luxembourg GAAP, and assist in recalculating technical provisions and experience studies.
• Contribute to multi‑disciplinary projects including M&A due diligence, risk‑capital modelling, IFRS 17 implementation and actuarial outsourcing.
• Participate in insurance and reinsurance set‑up or restructuring projects, including feasibility studies and portfolio transfers.
• Translate technical outputs into clear insights for clients and internal stakeholders in collaboration with senior team members.

Required profile

• University degree in actuarial science, mathematics, statistics or quantitative finance.
• Initial professional experience in actuarial or insurance‑related work (internships or full‑time).
• Working knowledge of modelling in R or Python.
• Solid understanding of insurance concepts and interest in regulatory and accounting topics.
• Fluent English (C1 level) and strong analytical mindset.

Required skills

• R programming for actuarial modelling.
• Python programming for quantitative analysis.

What we offer

• Progressive ownership of workstreams with close coaching from experienced professionals.
• Broad exposure to insurance advisory topics and regulatory projects.
• Opportunities to develop technical actuarial expertise in a supportive environment.