PwC Actuarial Life Services - Prophet Director in Chicago, Illinois
Time Type: Full time
Travel Requirements: Up to 40%
A career in our Actuarial Life Services practice, within Actuarial Services, will provide you with the opportunity to contribute general insurance advice and consulting services to clients such as insurers, banks, regulators, and third party administrators. You’ll provide advice covering solvency, economic capital, risk management, mergers and acquisitions, company restructuring and risk control, financial modelling, underwriting, new legislation, and the efficiency of claims or reporting processes. Simply put, you might help analyse the impact that new regulation will have on an insurance company’s balance sheet or you could be revising businesses’ projections and making sure they have adequate reserves.
Our team helps insurers address new financial reporting requirements by assessing the financial and business impacts of regulations, building implementation plans, and implementing relevant requirements, particularly across areas of financial reporting change.
To really stand out and make us fit for the future in a constantly changing world, each and every one of us at PwC needs to be a purpose-led and values-driven leader at every level. To help us achieve this we have the PwC Professional; our global leadership development framework. It gives us a single set of expectations across our lines, geographies and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future.
As a Director, you'll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to:
Support team to disrupt, improve and evolve ways of working when necessary.
Arrange and sponsor appropriate assignments and experiences to help people realise their potential and support their long-term aspirations.
Identify gaps in the market and spot opportunities to create value propositions.
Look for opportunities to scale efficiencies and new ways of working across multiple projects and environments.
Create an environment where people and technology thrive together to accomplish more than they could apart.
I promote and encourage others to value difference when working in diverse teams.
Drive and take ownership for developing connections that help deliver what is best for our people and stakeholders.
Influence and facilitate the creation of long-term relationships which add value to the firm.
Uphold the firm's code of ethics and business conduct.
Job Requirements and Preferences :
Basic Qualifications :
Minimum Degree Required :
Required Fields of Study :
Actuarial Science, Statistics, Mathematical Statistics, Applied Mathematics, Mathematics, Economics
Minimum Years of Experience :
Preferred Qualifications :
Certification(s) Preferred :
Fellow of Society of Actuaries
Certification requirement may be waived if the selected individual has more experience in the relevant field
Preferred Knowledge/Skills :
Demonstrates proven thought leader level knowledge of, and/or is recognized as an industry thought leader with proven success in roles directing, technical actuarial subject matter specialization, especially in Life and Non-Life industry and regulatory developments. Demonstrates proven thought leader level knowledge of, and/or success in roles involving, directing efforts to identify and address client needs for a global network of professional services consulting firms, emphasizing the following areas:
Database (PRD), Data Conversion System (DCS)) and the following specific experience is a plus: Insurance Data Repository (IDR), Prophet Control Center (PCC), Flexible Results API and Advanced Prophet library user.
Developing and sustaining extensive client relationships using networking, negotiation and persuasion skills to identify and sell potential new service opportunities;
Preparing and presenting complex written and verbal materials; and,
Defining resource requirements, project workflow, budgets, billing, collection.
Demonstrates proven thought leader level abilities and/or success with using spreadsheets, database and/or other actuarial software-related technologies. Demonstrates proven thought leader level abilities and/or success with directing and performing as a team leader: leading teams to generate a vision, to establish direction and motivate members, as well as create an atmosphere of trust, leverage diverse views, coach staff, to encourage improvement and innovation. Demonstrates proven thought leader level abilities and/or success with writing, communicating, facilitating, and presenting cogently; to and/or for all levels of industry audiences, clients and internal staff and management.
At PwC, our work model includes three ways of working: virtual, in-person, and flex (a hybrid of in-person and virtual). Visit the following link to learn more: https://pwc.to/ways-we-work.
PwC does not intend to hire experienced or entry level job seekers who will need, now or in the future, PwC sponsorship through the H-1B lottery, except as set forth within the following policy: https://pwc.to/H-1B-Lottery-Policy.
All qualified applicants will receive consideration for employment at PwC without regard to race; creed; color; religion; national origin; sex; age; disability; sexual orientation; gender identity or expression; genetic predisposition or carrier status; veteran, marital, or citizenship status; or any other status protected by law. PwC is proud to be an affirmative action and equal opportunity employer.
For positions based in San Francisco, consideration of qualified candidates with arrest and conviction records will be in a manner consistent with the San Francisco Fair Chance Ordinance.
For positions in Colorado, visit the following link for information related to Colorado's Equal Pay for Equal Work Act: https://pwc.to/coloradoassurancedirector.