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Preparation and capability need for getting a job in big four actuarial consulting firms in Australia

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The Big four consulting firms in Australia are Deloitte, KPMG, PwC and EY. These companies are regarded the accountancy and advisory firms in the country where these four dominate the market. A degree from any discipline is acceptable to get a job in these firms. Many are looking for science, Maths and someone from technology backgrounds. And if you have the ability with the data analytics, it will have a clear advantage of getting a job in these firms.

So, how can anyone get job in this four firms? The method is through college campuses, placement drives, organisation and career fair, internal referrals and through Australian Job consultancy

Skills required for getting a job in the big four consulting firms in Australia

In order to get a job in these Actuarial Recruitment firms, you need to have a good communication skill. A good communication skill is an important requisite for getting into the big 4 firms. You need to have a good command over English language both verbally and written. Moreover a good communication skill will help you in group discussions and debate as well. Along with the good communication skill, you need to have a thorough knowledge about Accounting standards, corporate laws and taxes. Also you are expected to know the recent technical updates. Also a computer knowledge is also important. The Senior Actuarial Consultant will hire you if you have a good knowledge of computer skills. You should have good working knowledge of MS Office applications like MS Word, MS Excel, and MS PowerPoint. You must also have in and out knowledge about your resume details, and the knowledge regarding current topics. Humbleness and politeness is what they asked for. Also, you must in the correct attire during the interview. It creates a good impression in front of the interviewer. The interview process in these firms are lengthy and tough. But if you are well prepared, you will be successful in getting the job.

There are 46 senior Actuarial Consultants in Australia and the four top actuarial consulting firms are Aon, KPMG, PwC, and Deloitte. Senior actuaries working in the insurance industry usually focus on health I insurance, life insurance, property insurance and casually insurance issues.  The online recruitment process for the big four companies are the initial applications have always been online, but graduate have to adapt their techniques to a virtual world of online interviews. The next stage is called delivering outcomes, which is an online video or written response-based assessment candidates are assigned. This is usually a 40-minutes session.

Their requirements

The big 4 are the top accounting companies in Australia. These MNC’s require candidates with thorough knowledge of accounting and knowledge of international accounting standards as well. Hence, they prefer candidates who have qualified ACCAs or CPAs.  The CPA course is meant for candidates who have completed their graduation in the related field. The course covers accounting space. CPA covers the international accounting standards. It is an international accounting certification offered by the AICPA institute. ACCA is another course which provides training in accounting. The ACCA is divided into different levels and it is open for candidates before graduation or after graduation.

Conclusion

The Big 4 accounting firms is a good career opportunity. Working in Big 4 helps in overall personality development and also monetary growth. So, if you are interested to work in the big 4, you have made a good choice. Start preparing from today for the interview. There is no instant formula for success. Working hard is the key. So, it’s important to stay focused and work hard to get into the big 4 firms.

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