Life Actuarial Manager Accounting - Chicago, IL at Geebo

Life Actuarial Manager

Company Name:
PwC
Line of Service:
Assurance
Industry:
Business Advisory Services
State & City:
PA-Philadelphia
NY-New York
MA-Boston
IL-Chicago
CT-Hartford
Travel Requirements:
21-40%
Position Type:
Full Time
Auto req ID:
55407BR-1
PwC/LoS Overview:
Are you interested in the opportunity to work for an industry-leading firm that services clients that include the Fortune 500, and will give you the experience and exposure you need to build your career and personal brand? If you are, then PricewaterhouseCoopers LLP ( ) is the firm for you. PricewaterhouseCoopers LLP (PwC US) helps clients meet the challenges and opportunities of the US marketplace in the areas of assurance, tax, and advisory. We offer the advantage of being part of a global network of firms combined with detailed knowledge of local, state and US national issues. More than 180,000 people in over 158 countries across the PwC network are committed to deliver quality in assurance, tax and advisory services. People across the PwC network share knowledge, experience and solutions to develop fresh perspectives and deliver practical advice.At PwC US, you will be part of a learning culture, where teamwork and collaboration are encouraged, excellence is rewarded, and diversity is respected and valued. We offer a flexible career progression model that allows for a variety of challenging opportunities throughout your career. We provide unparalleled coaching, mentoring, and career development programs; global opportunities; and state of the art technology-driven methodologies to help you provide quality service to our clients.Our Assurance practice collaborates with clients, so that the financial information they report to the investing public and other stakeholders is clear and reliable. When we fulfill our role as Assurance professionals, by standing firm on quality and integrity, we have a direct impact on how well the world's capital market system functions.The highly trained and educated Assurance teams go inside companies, and get to know those businesses. They ask questions, test assumptions, and provide assurance that the companies are reporting information on which investors and others can rely. Every assignment is an exciting opportunity to learn, to grow and to understand how businesses operate from all levels and perspectives. Our Assurance professionals are constantly challenged to learn more in order to provide our clients with the highest quality services. This learning takes place through interaction on the job with colleagues and clients, formal training programs, and the insights provided by mentors and coaches. PwC is all about our people, encouraging high performance and quality. Join us and we will help you implement a successful career strategy, as you explore the many career opportunities in PwC Assurance.
Job Description:
Our U.S. Financial Services (FS) Practice consists of approximately 2,300 assurance professionals, including 223 partners and 650 managers. It spans industry sectors and functional skill areas, including insurance, investment management, capital markets, banking and real estate. We serve many of the world's largest financial institutions. This means that we have insight into the challenges facing the industry. PwC is the leader is serving large, complex financial services institutions. In the U.S., we audit:- 18 of the top 50 life insurers, representing 39 percent of admitted assets.- 19 of the top 50 property and casualty insurers, representing 44 percent of net premiums written.- 11 of the top 25 reinsurers, representing 47 percent of net premiums written.- Over 2,900 mutual funds, representing 40% of all mutual funds and 58% of total industry net assets; this includes funds at nine and the advisor and funds at six of the top ten funds families.- Two of the top three, three of the top 15, and five of the top 20 US-based commercial banks.- Five of the top 20 mortgage servicers, and four of the top 20 mortgage originators.- Nine of the top 50 broker-dealers.We are also the thought leader in the financial services industry. We produce almost 150 publications and e-briefings on the financial services industry, most of which are sector specific, as well as a wide range of training and special events on issues that affect reporting and corporate governance throughout the business world.
Position/Program Requirements:
Minimum Years of Experience Necessary: 6 yearsMinimum Degree(s) Required: Bachelor's degree in Actuarial Science, Applied Statistics, financial analysis, insurance, economics, mathematics or related quantitative disciplines.Minimum Certification(s) Required: Fellow of Society of ActuariesKnowledge Preferred:Thorough knowledge of Life and Non-Life assurance industry, advisory services to the insurance industry, it's regulators and other financial service providers. Extensive knowledge of the insurance industry to provide actuarial consulting and attest support to the life insurance knowledge of IFRS for insurance reporting as well as thorough knowledge of pronouncements and operations for property and casualty insurance industry Skills Preferred:Sustained technical expertise with actuarial process improvement, risk and capital management, value analyses, merger and acquisition work, and international financial reporting standards. Good project experience leading teams with actuarial and quantitative modeling. Strong technical expertise in actuarial science, applied statistics and/or related quantitative disciplines. Strong technical expertise with attest engagements to develop actuarial aspects of audit plan.Estimated Salary: $20 to $28 per hour based on qualifications.

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