PricewaterhouseCoopers Jobs

Job Information

PwC Retirement Actuary - Senior Associate in Chicago, Illinois

A career in our Retirement and Pensions practice, within People and Organisation Consulting services, will provide you with the opportunity to help our clients reset their talent strategies and deliver extraordinary business results through their people. We focus on evaluating and managing their unique challenges so our clients can maximise their return on the overall investment in human capital. You’ll gain a tremendous depth of expertise in all aspects of human capital, including creating sustainable value through people culture and change, designing compensation and retirement strategies, and improving human capital operations.

Our actuarial team helps our clients develop and implement retirement and pension services suited to their organisational strategy and objectives. You’ll be assisting the team with retirement and pension strategy, plan design transformation, merger and acquisition integration, implementation and financial reporting.

Responsibilities

As a Senior Associate, you’ll work as part of a team of problem solvers with extensive consulting and industry experience, helping our clients solve their complex business issues from strategy to execution. Specific responsibilities include but are not limited to:

  • Proactively assist in the management of several clients, while reporting to Managers and above

  • Train and lead staff

  • Establish effective working relationships directly with clients

  • Contribute to the development of your own and team’s technical acumen

  • Keep up to date with local and national business and economic issues

  • Be actively involved in business development activities to help identify and research opportunities on new/existing clients

  • Continue to develop internal relationships and your PwC brand

Client projects can include:

  • Actuarial valuations of defined benefit pension & other postretirement benefit plans

  • Strategic cost & risk analysis

  • Developing de-risking & re-risking strategies

  • Plan design & redesign analysis

  • Asset/Liability modeling

  • Nondiscrimination testing & strategy

  • Partial/full plan terminations

  • Qualified plan operational reviews & strategy

  • Vendor selection/implementation

  • Providing subject matter support on PwC audit, tax & advisory engagements

  • Stock compensation valuations

Job Requirements and Preferences :

Basic Qualifications :

Minimum Degree Required :

Bachelor of Science

Required Fields of Study :

Actuarial Science, Mathematics, Business Analytics, Finance, Economics, Risk Management, Statistics

Minimum Years of Experience :

3 year(s)

Preferred Qualifications :

Certification(s) Preferred :

Professional credentials: Associate or Fellow of the Society of Actuaries, Enrolled Actuary, or demonstrated exam progress toward these or other relevant credentials.

Preferred Knowledge/Skills :

Demonstrates thorough abilities and/or a proven record of success in the following areas:

  • Actuarial valuation and analysis relating to the design, funding, risk, tax and financial reporting aspects of defined benefit pension and health & welfare plans in a major consulting firm or corporate environment;

  • Project management, including setting and meeting client expectations and deadlines, delegation, review, training junior staff, and monitoring workload of yourself and the team while respecting the work-life quality of team members;

  • Leadership, including supporting co-workers, seeking diversity, and providing honest and meaningful feedback in a timely manner; and,

  • Technology solution creation and process improvement implementation utilizing technology.

Demonstrates thorough abilities and/or a proven record of success in the following areas:

  • Domestic and global compliance, tax, and financial reporting requirements applicable to defined benefit pension and health & welfare plans, including statutory pronouncements (e.g. IRC Section 430, the Affordable Care Act), financial reporting standards (e.g. ASC 715, IAS 19R);

  • ProVal, or other actuarial valuation software;

  • Microsoft Office applications; and,

  • Alteryx, Tableau, and/or other analytical applications for data manipulation and visualization.

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.

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.

DirectEmployers