Actuarial, risk and quants (ARQ)

Welcome to PwC and our strategy, The New Equation! We believe in bringing together diverse groups of people and using technology to solve complex problems. Our strategy focuses on uniting as a community to tackle challenges and make a positive impact on society, both in Africa and around the world.

One key aspect of our strategy is our multidisciplinary model, which allows us to provide clients with trustworthy solutions and lasting results by combining expertise from different fields. By looking at issues from various angles, we can deliver high-quality outcomes for our clients, stakeholders and communities.

If you join our Actuarial, Risk and Quants (ARQ) team, you’ll be part of a global group at PwC that offers actuarial and financial consulting services to a wide range of clients. Working with us means being part of a supportive and dynamic environment where you’ll collaborate with experts from around the world. You’ll have the opportunity to work on diverse projects in industries like insurance, banking and analytics, gaining valuable experience and mentorship along the way.

Woman working on a actuarial risk quants proposal.

Actuarial risk quants team at PwC

Join us at PwC and be a part of a team that is making a difference in the world through innovative solutions and collaboration.

Are you a full-time South African student in your final year studying actuarial science at a recognised university? If so, you could be eligible for an opportunity at PwC.

PwC has a global leadership programme called the PwC Professional. This programme highlights the skills and qualities we value in all our team members, from junior associates to senior partners. These qualities are essential for us to succeed as leaders guided by purpose and strong values.

Recruitment initiatives within ARQ

Bursary prgramme

In our Actuarial, Risk and Quants (“ARQ”) team, we recognize the importance of attracting and retaining key talent, as well as supporting students in qualifying as actuaries or quantitative specialists. Our bursary programme aims to provide penultimate year (third year) actuarial science or quantitative finance students with financial and mentoring support for their final honours year. The bursary may cover tuition, residence and study materials, and includes the possibility of an employment offer upon degree completion and satisfactory academic performance. Successful candidates may join ARQ as associates in our Cape Town or Johannesburg offices. Applications typically open at the start of the second university semester and are communicated to universities and via LinkedIn.

Mentorship programme

The PwC Mentorship Programme supports university students studying actuarial science and quantitative finance. This initiative connects students with ARQ professionals at PwC, fostering academic development and personal growth. The programme aims to increase the pipeline of actuarial graduates and give back to the profession. Launching in 2024, the pilot will follow six students on their academic journey. Participants will benefit from one-on-one sessions with PwC mentors, group meet-ups, and guidance on both academic and soft skills to prepare them for the professional world.

Job shadowing

The ARQ Job Shadowing Programme offers high school students (grades 11 or 12) the opportunity to experience a few hours in the office. This is usually done through the PwC Future Leaders Job Shadowing Programme. Job shadowing provides high school students with a glimpse into life at ARQ and the chance to network with experienced actuarial consultants.

Vacation work

The ARQ Vacation Work Programme is an excellent opportunity for third-year students to hone their actuarial skills and gain insight into the day-to-day activities of actuarial consulting. The programme includes skills workshops, networking sessions and a research project guided by an appointed ARQ buddy. Talented and eager students are invited to apply; they will gain valuable technical and soft skills in preparation for entering the professional world. Information about the programme is communicated to universities every six months.

Graduate programme

PwC’s ARQ Graduate Programme is designed for South African students in their final (or honours) year of actuarial science or quantitative finance. This three-year contract offers rotations through various fields of actuarial science and quantitative finance, providing an excellent opportunity to launch your career and gain experience working on exciting projects with leading industry experts. Applications typically open in the middle of the first semester and are communicated to universities.

Quotes from the Associates in ARQ

"An energetic team that can solve any problem"

"Incredible team, bringing great and complex ideas to life"

"A dynamic team that finds efficient solutions to big problems"

"A dynamic and interesting work environment where you can feel yourself grow on a day-to-day basis"

"A space filled with incredible people and interesting work that brings a new challenge every day and an opportunity to learn along with it"

"A dynamic team, incredible team culture and countless learning opportunities"

"Best office, best people and best coffee. A great place to work with and learn from the best in the field"

"An amazing team, filled with more amazing people"

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Christiaan  Nel

Christiaan Nel

Director | Africa AI Leader, PwC South Africa

Tel: +27 (0) 21 529 2519

Erik Booysen

Erik Booysen

Director | Actuarial, Risk and Quants , PwC South Africa

Tel: +27 (0) 21 529 4253

 Bernice  Wessels

Bernice Wessels

Director | Consulting & Risk Services, PwC South Africa

Tel: +27 (0) 21 529 2395

Junaid Khan

Junaid Khan

Director | ARQ, PwC South Africa

Tel: +27 (0) 11 797 5525

Corné  Conradie

Corné Conradie

Director, PwC South Africa

Tel: +27 (0) 11 797 5428

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