Property & Casualty Actuarial | Experienced Associate
- Chicago, IL, USA
- Permanent, Full time
- PWC - US
- 22 Nov 17 2017-11-22
Property & Casualty Actuarial | Experienced Associate
PwC is a network of firms committed to delivering quality in assurance, tax and advisory services.
We help resolve complex issues for our clients and identify opportunities. Learn more about us at www.pwc.com/us.
At PwC, we develop leaders at all levels. The distinctive leadership framework we call the PwC Professional (http://pwc.to/pwcpro) provides our people with a road map to grow their skills and build their careers. Our approach to ongoing development shapes employees into leaders, no matter the role or job title.
Are you ready to build a career in a rapidly changing world? Developing as a PwC Professional means that you will be ready
- to create and capture opportunities to advance your career and fulfill your potential. To learn more, visit us at www.pwc.com/careers.
What will you do if you work in Assurance at PwC?
You'll ask questions and test assumptions. You'll help determine if companies are reporting information that investors and others can rely on. You'll help businesses solve complex issues faced by management and boards. You'll serve the public interest and the capital markets by conducting quality audits. Visit http://pwc.to/pwcassurance for more information on PwC's Assurance practice.
The world is quickly changing, that's why PwC is quickly adapting. We're capitalizing on trends that will impact corporate reporting.
Our focus is on globalization, technology, sustainability and environmental reporting, population shifts and regulation. We combine skills and experience to help our clients address their challenges.
PwC's Business Advisory Services group is a distinctive practice that provides audit, technical accounting, tax, regulatory, compliance, valuation services, risk management, financial analysis and cashflow modeling, outsourcing, securities processing, payments, information risk and security, data quality, mergers and acquisitions, and other services. Our integrated knowledge enables us to help our clients design solutions that work.
Our professionals assist with many of today's largest, most challenging issues impacting the following sectors:
- Asset management
- Banking and capital markets
- Consumer Finance
- Structured Products
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.
The 1,100 professionals on PwC's global actuarial services team help clients act decisively on their most important issues. We apply our risk and analytical skills to turn complex data into the predictive insights that inform practical business solutions.
The US actuarial services team consists of 175 credentialed life, health and non-life actuaries. We provide advice and consulting services to life and health insurers, non-life insurers, reinsurers, captives, corporations and other non-insurance entities, third-party administrators, regulators, agents and brokers, and bureaus and associations.
PwC's Property and Casualty Actuarial Services team provides a broad range of commercially-focused services and solutions to:
- Personal, commercial and specialty lines insurers and reinsurers;
- Corporations that purchase commercial insurance or self-insure, including healthcare provision; and,
- Enterprises that run loyalty programs or offer extended warranty solutions.
We have experience with underwriting, pricing, enterprise risk management, capital management and modeling, financial due diligence and valuation, ceded reinsurance strategy and modeling, claims cost management, transfer pricing, and other insurance-related areas. We also have extensive loss reserving knowledge and capabilities in all personal and commercial lines of business, including specialty lines such as workers compensation, professional liability, general liability, excess casualty and mortgage/financial guaranty.
Demonstrates some abilities and/or a proven record of success, as both an individual contributor and team member, with identifying and addressing client needs: building solid relationships with clients; developing an awareness of Firm services; approaching client in an organized manner; delivering clear requests for information; demonstrating flexibility in prioritizing and completing tasks; and, communicating potential conflicts to a supervisor.
Demonstrates some abilities and/or a proven record of success as a team member: understanding personal and team roles; contributing to a positive working environment by building solid relationships with team members; proactively seeking guidance, clarification and feedback.
Minimum Years of Experience: 3
Minimum Degree Required: Bachelor's degree in insurance, risk management, business administration or related field
Demonstrates proven success in roles either as a claim adjuster or supporting the supervisor of an insurance and/or reinsurance company, including thorough knowledge of multiple insurance lines
automobile, general liability and workers compensation?and auditing.
Demonstrates some knowledge with, and/or a proven record of success utilizing detailed analytical and creative problem-solving skills to support multiple, concurrent projects related to risk analysis and/or financial reporting in one or more of the following areas: Insurance coverages and Claim Operations, Reserve analysis; Litigation support; Reinsurance; Current legal Issues and allocation methodologies impacting claim evaluations.
Demonstrates some abilities and/or a proven record of success in utilizing computer applications (i.e. Microsoft Excel and Microsoft Word) to conduct analyses and render findings related to traditional loss reserving, establishing and implementing engagement work plans, and conducting other support service related-projects that include at least one or more of the following areas: Loss control, Best practices claim reviews, Claim evaluations, Strategic planning and analysis; Merger and acquisition valuations; and Reinsurance program review and Expert witness testimony.
Demonstrates considerable ability to research and analyze pertinent client, industry, and technical matters related to property and casualty-related matters within the context of US federal, state and local regulations and industry board standards.
Demonstrates some abilities and/or a proven record of success assisting with the development of strategy; as well as writing, communicating, facilitating, and presenting cogently; to and/or for all levels of industry audiences, clients and internal staff and management, which includes journal articles; practice methodologies and tools; the writing and presentation of whitepapers; and/or other standard business communications.