Actuarial Services Consulting Associate
3 months ago
We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, inclusive culture and talent experience and our ability to be compelling to our clients. You’ll find an environment that inspires and empowers you to thrive both personally and professionally. There’s no one like you and that’s why there’s nowhere like RSM.
Working with financial institutions, not-for-profit organizations, municipalities, retailers and other corporations of various sizes, the Actuarial Services consulting practice provides economic and financial value optimization for clients and their customers through the use of risk management and insurance techniques. The group provides strategic support to their clients, and consistently strives to find innovative solutions.
**Your primary responsibilities will include:
Core Actuarial Functions (70%)
- Reviewing financial/accounting statements
- C onducting statutory actuarial liability valuations
- Drafting valuation letters and reports
- Gathering and reconciling client data, update and run stochastic models
- Performing data analytics tasks in SQL, MS-Access and/or analytics tools
- Supporting non-traditional actuarial valuationsPerforming actuarial model governance and controls tasks/reviews
Client Consulting Support (10%)
- Developing forecasts and business cases
- Preparing client letters and presentationsMaintaining and analyzing client databases
Market Research & New Business Support (10%)
- Performing market research and assisting with development of new business
- Developing industry and insurance product benchmarking reportsAttending meetings with potential new clients, as needed
Administration (10%)
- Maintaining billable hoursMaintaining appropriate documentation of work
- University degree in Actuarial Science, Statistics, Mathematics or similar
- Relevant work experience in actuarial consulting or at an insurance company an asset
- Actively working towards FSA/FCAS designation
- Previous work experience with, and strong knowledge of, AXIS, SQL, Visual Basic and/or R considered an asset
- E xcellent communication skills in English, both verbal and written
- French language skills, both verbal and written, considered an asset, but not mandatory for this position
- Proficient in Microsoft Office (Word/Excel/PowerPoint)
- Client-service driven and confident in his/her abilities and judgment
- Strong time management and organizational skills with the ability to multi-task and attain deadlines in a fast-paced, dynamic environment
- Solutions-oriented with keen attention to detail and analytical ability
- Self-motivated, accountable and able to work with mínimal direction and/or supervision
- Able to work as an integral part of a team and share his/her unique strengths in a collaborative manner to achieve common goals
- Keen to understand and learn non-traditional concepts and practices as well as the awareness and understanding of non-actuarial points of view
Compensation Range: $60,720 - $72,450
Individuals selected for this role will be eligible for a discretionary bonus based on firm and individual performance.
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