PwC Actuarial Services Senior Associate - Life in Spartanburg, South Carolina
Specialty/Competency: Actuarial Services
Time Type: Full time
Travel Requirements: Not Specified
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.
As a Senior Associate, 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:
Use feedback and reflection to develop self awareness, personal strengths and address development areas.
Delegate to others to provide stretch opportunities, coaching them to deliver results.
Demonstrate critical thinking and the ability to bring order to unstructured problems.
Use a broad range of tools and techniques to extract insights from current industry or sector trends.
Review your work and that of others for quality, accuracy and relevance.
Know how and when to use tools available for a given situation and can explain the reasons for this choice.
Seek and embrace opportunities which give exposure to different situations, environments and perspectives.
Use straightforward communication, in a structured way, when influencing and connecting with others.
Able to read situations and modify behavior to build quality relationships.
Uphold the firm's code of ethics and business conduct.
Job Requirements and Preferences :
Basic Qualifications :
Minimum Degree Required :
Required Fields of Study :
Economics, Statistics, Actuarial Science, Mathematical Statistics
Minimum Years of Experience :
2 year(s) of experience or 2 years of experience with a FSA credential
Preferred Qualifications :
Certification(s) Preferred :
Associateship of the Society of Actuaries and actively pursuing Fellowship of the Society of Actuaries
Certification requirement may be waived if the candidate has more experience in the relevant field
Preferred Knowledge/Skills :
Demonstrates proven thorough 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 thorough knowledge of, and/or success in roles involving, participating in efforts to identify and address client needs for a global network of professional services consulting firms, emphasizing the following areas:
Participating actively in client discussions and meetings;
Communicating a broad range of Firm services; and;
Managing engagements, including preparing concise, accurate documents and maintaining project economics while maintaining flexibility for unanticipated issues.
Demonstrates proven thorough level abilities and/or success with using spreadsheets, database and/or other actuarial software-related technologies.
Demonstrates proven thorough abilities and/or success as a team leader:
Creating a positive environment by monitoring workloads of the team while meeting client expectations and respecting the work-life quality of team members;
Providing candid, meaningful feedback in a timely manner; keeping leadership informed of progress and issues; and,
Answering questions and providing direction to less-experienced staff.
Demonstrates proven thorough 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.
For positions in Colorado, visit the following link for information related to Colorado's Equal Pay for Equal Work Act: https://pwc.to/coloradoassuranceseniorassociate.