About Risk and Regulatory Consulting
We support clients in identifying, understanding and managing risk and help ensuring an appropriate balance between risks and opportunities. Also, we assist businesses in implementing, revamping, automating reporting, governance and compliance to ensure they operate within the boundaries of relevant legislation and regulations.
We bring in-depth knowledge in the following fields:

Risk consulting services for Financial Services clients, actuarial consulting services for insurance or reinsurance clients
Credit/ market/ counterparty credit risk models and valuation models for financial instruments.
Advice on policies, procedures and organization structures that support effective risk management
Strategic solutions in a wide variety of areas, e.g. actuarial modelling, valuation and financial reporting, asset liability management, capital, investment, risk, reinsurance, M&A, etc.
Digital transformation and process improvement using new technologies

About The Placement

The Experience
As a Risk & Regulatory Consulting Placement Intern, you will have the opportunity working on projects leveraging your quantitative degree and expertise. In this programme, you will find yourself working with house hold Financial Services Institutions or reinsurance company names help them more confidently make decisions to drive performance. You will gain valuable hands-on experience working alongside leading professionals and build strong and well-rounded Risk or Regulatory Consulting skills early in your career. Your focus and every day project experience may include:

Assist client teams in understanding and quantifying risk exposures, evaluating risk strategies, building and maintaining risk models focusing in the area of Credit Risk, Liquidity Risk and Market Risk.
Conduct day-to-day actuarial work for developing and maintaining actuarial and financial projection models, financial reporting, actuarial valuation, asset liability management, investment, reinsurance and other actuarial analytics related work matters
Gather and analyse information, formulate and test hypotheses, develop and provide proactive solutions in enhancing business efficiency
Conduct modelling related to valuation of derivatives (fixed income, equity and other complex financial instruments), and statistical projection and analyses (e.g. time series, survival analysis, etc.)
Support clients in their most pressing regulatory challenges through reviewing and developing client’s internal policy, conducting process revamp and provide proactive recommendations to mitigate and manage enterprise risks.
Contribute to knowledge development by helping define and expand distinctive risk based methodologies.
Assist clients to achieve effective and efficient end-to-end implementation of new regulatory reporting bases e.g. GIECA, HKRBC, IFRS 17 / 9, US GAAP LDTI, etc. across APAC jurisdictions
Apply new technologies and digital transformation solutions, e.g. Oracle, AWS, Salesforce to help clients overcome current obstacles in financial reporting and management decision making process
Build in-depth knowledge of the insurance market and products, establish strategic thinking to understand the value generators, business growth drivers, key performance indicators, etc.
Collaborate and communicate across functions, work with people from different backgrounds, e.g. Finance, IT, Strategy, etc. to deliver high-quality work products to our clients

Your Growth
Through your wide variety of experiences at PwC Risk & Regulatory Consulting, you will have the opportunities to develop the analytical and communication skills to help achieve your potential, no matter what career path you eventually choose. It provides the unique opportunity where you will work with our Risk or Regulatory Consulting team on real business problems, develop insights and gain first hand real-life exposure to the challenges and day to day work a consultant experienced. Along the way, you will have access to mentoring and opportunities to help accelerate your growth and development of new capabilities and skills. Our internship programme is the start of an exciting career in PwC Consulting. Perform well and you may be given the opportunity to join our Graduate Programme upon completion of your university studies. Embarking on a new career can be one of the most exciting times in your life.

About You

Penultimate-year students, preferably majoring in Actuarial Science, Computer Science, Quantitative Finance, Statistics, Mathematics, Financial Mathematics, Financial Engineering, Risk Management, etc.;
Strong analytical and problem solving capabilities
Intellectual rigour, flexibility and agility
Good team player and enjoy working collaboratively with people from a variety of backgrounds
Knowledge in financial modelling, analytics and quantitative techniques
Proficiency in MS Office applications including Word, PowerPoint, Excel and Access
Practical experiences in using statistical software (e.g. SAS, R) and programming languages (e.g. VBA, MatLab), actuarial software (e.g. Prophet, GGY-AXIS, MG-ALFA)
Fluency in English and Cantonese/ Mandarin

Apply Now
Please select

“Internship Programme”
“Hong Kong – Advisory – Digital – Risk Consulting” as the 1st preference

Please indicate the preferred competency and placement duration on your CV

6 months / 12 months

Advisory - Digital - Risk Consulting - Hong Kong Summer Placement Programme