Risk Modeling Services - Life Actuarial Reinsurance ...

Specialty/Competency: Actuarial Services Industry/Sector: Insurance Time Type: Full time Travel Requirements: Up to 80% A career in our Risk Modeling Services practice 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. Basic Qualifications: Minimum Degree Required (BQ) Bachelor's Degree Required Field(s) of Study (BQ) Actuarial Science,Mathematical Statistics,Statistics,Applied Mathematics,Mathematics,Economics Minimum Year(s) of Experience (BQ) 8 year(s) Certification(s) Required (BQ) Fellow of Society of Actuaries or equivalent Preferred skills Preferred Knowledge/Skills Demonstrates thought leader level knowledge and/or success in roles involving the directing of efforts to identify and address client needs for life reinsurance, emphasizing the following areas: Preparing and presenting complex written and verbal materials; Designing life reinsurance solutions which meet the requirements of the cedant; Pricing life reinsurance contracts to meet both client needs and performance metrics; Evaluating alternative pricing and design structures for life reinsurance contracts; Defining resource requirements, project workflow, budgets, billing, and collection; Using spreadsheets, database and/or other actuarial software-related technologies; Writing, communicating, facilitating, and presenting cogently; to and/or for all levels of industry audiences, clients and internal staff and management; Leading and directing teams, including demonstrated ability to generate a compelling vision, establish clear direction, and motivate team members; and, Creating an environment of trust that embraces diverse viewpoints, while also coaching and empowering staff to drive improvement and foster innovation. Demonstrates thought leader level knowledge of and/or is recognized as an industry thought leader with demonstrated success in roles directing technical actuarial subject matter specialization, especially in Life reinsurance pricing. Learn more about how 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: 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. Applications will be accepted until the position is filled or the posting is removed, unless otherwise set forth on the following webpage. Please visit this link for information about anticipated application deadlines: The salary range for this position is: $119,000 - $389,500, plus individuals may be eligible for an annual discretionary bonus. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications and location, and applicable employment laws. PwC offers a wide range of benefits, including medical, dental, vision, 401k, holiday pay, vacation and more. To view our benefits at a glance, please visit the following link: #LI-Remote

Created: 2024-11-02