Job Details
Industry/Sector: Not Applicable
Time Type: Full time
Travel Requirements: Up to 40%
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.
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 an 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:
- Invite and give in the moment feedback in a constructive manner.
- Share and collaborate effectively with others.
- Identify and make suggestions for improvements when problems and/or opportunities arise.
- Handle, manipulate and analyse data and information responsibly.
- Follow risk management and compliance procedures.
- Keep up-to-date with developments in area of specialism.
- Communicate confidently in a clear, concise and articulate manner - verbally and in the materials I produce.
- Build and maintain an internal and external network.
- Seek opportunities to learn about how PwC works as a global network of firms.
- Uphold the firm's code of ethics and business conduct.
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:
2 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.
Learn more about how we work: https://pwc.to/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: https://pwc.to/H-1B-Lottery-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.
The salary range for this position is: $75,000 - $118,000, plus individuals may be eligible for an annual discretionary bonus. For roles that are based in Maryland, this is the listed salary range for this position. 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: https://pwc.to/benefits-at-a-glance
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