PwC Life Actuarial Services Manager in Chicago, Illinois
Line of Service: Assurance
Time Type: Full time
Government Clearance Required: No
Available for Work Sponsorship: Yes
Travel Requirements: Up to 20%
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 Manager, 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:
Develop new skills outside of comfort zone.
Act to resolve issues which prevent the team working effectively.
Coach others, recognise their strengths, and encourage them to take ownership of their personal development.
Analyse complex ideas or proposals and build a range of meaningful recommendations.
Use multiple sources of information including broader stakeholder views to develop solutions and recommendations.
Address sub-standard work or work that does not meet firm's/client's expectations.
Use data and insights to inform conclusions and support decision-making.
Develop a point of view on key global trends, and how they impact clients.
Manage a variety of viewpoints to build consensus and create positive outcomes for all parties.
Simplify complex messages, highlighting and summarising key points.
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 extensive knowledge of, and/or success in managerial roles involving, technical actuarial subject matter specialization, especially in Life and Non-Life industry and regulatory developments. Demonstrates proven extensive 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:
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 extensive level abilities and/or success with using spreadsheets, database and/or other actuarial software-related technologies. Demonstrates proven extensive level abilities and/or success with managing 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 extensive 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.
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.