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Actuarial Banking | Director | Risk Modelling Services

Actuarial Banking | Director | Risk Modelling Services

PwC AustraliaCouncil of the City of Sydney, New South Wales, Australia
13 days ago
Job description

At PwC Australia, our clients count on us when the stakes are high, and that’s where you come in. As a Director in our Risk Actuarial / Risk Modelling Services team, you’ll play a vital role in helping clients manage financial risks through practical, data‑led modelling and delivering actionable insights. Working with clients across banking, insurance and broader financial services.

Why PwC?

At PwC Australia, your skills meet purpose. We tackle big challenges across industries like finance, technology, energy, and health—giving you the chance to make a real impact. Here, your growth is our priority. You’ll work with leading teams, explore new technologies, and unlock your full potential. Join a global community of more than 370,000 people who value bold ideas, collaboration, and lasting change. Together, we’re building trust and shaping the future.

What you’ll do :

  • Lead and deliver risk modelling for measurement and management, addressing industry challenges across general insurance, life insurance and banking.
  • Design and run large‑scale actuarial programs that improve how clients operate, reduce costs, manage risks and drive transformational change.
  • Partner with banking clients to manage financial risks and produce crucial, data‑led business insights.
  • Collaborate with PwC teams and client stakeholders to scope, deliver and refine solutions in a human‑led, tech‑enabled way.
  • Apply your risk management and actuarial expertise to drive key business outcomes, leveraging strong communication and a team‑first approach in flexible work settings.

What we’re looking for :

  • Retail or wholesale credit risk modelling and quantitative analysis including experience in modelling on topics such as provisioning (e.g., AASB 9), regulatory capital requirements (e.g., AIRB approaches to estimating PD, LGD and EAD), credit pricing and portfolio / customer analytics.
  • Expertise in one of these areas will be valued : stress testing, end‑to‑end credit lifecycle, climate risk modelling, credit pricing and portfolio / customer analytics.
  • Practical exposure to prudential regulatory requirements and their implementation.
  • Experience working on business development initiatives and building trusted relationships with clients.
  • Excellent analytical and problem‑solving skills and enjoy working with clients to support on a range of projects.
  • Strong communication, project management and stakeholder management skills.
  • 10+ years of experience working in either banks, fintechs, private credit providers, or consulting risk modelling services.
  • Working well in teams and can support and develop more junior team members in a high‑performing and caring work environment.
  • You hold a MSc / BSc (Hons) in Statistics / Actuarial Science / Financial Mathematics or Applied Mathematics and have programming capabilities in SAS / R / Python / SQL.
  • What you'll gain :

  • Leadership development programs and executive coaching designed to help you inspire teams and accelerate your career growth.
  • A world‑class parental leave policy offering up to 26 weeks of leave for caregivers, supporting your family and personal life.
  • Flexibility means trusting you to choose when, where, and how you work—balancing what’s best for you, your team, and your clients to grow and thrive together.
  • Being part of a community united by purpose, delivering impact that reaches clients, communities, and the future you’re shaping.
  • Ready to grow here and go further? Join PwC Australia as Actuarial Director and make an impact that goes beyond the expected. Apply now and take your next step with a team shaping the future.

    We’re committed to treating all our job applicants fairly and with respect, irrespective of their actual or assumed background, disability, neurodivergence, or any other protected characteristic. We want you to have every opportunity to thrive in our selection process. In the application form, you can let us know what adjustments you require during our recruitment process and / or any workplace accommodations you anticipate needing to help you perform your role.

    No agencies please : We kindly request that recruitment agencies do not submit CVs in response to this advertisement. We are only accepting applications direct from individuals.

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    Risk • Council of the City of Sydney, New South Wales, Australia

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