Tax Job Info Sharing

Job location: New York, NY
Category: Assurance jobs

Line of Service: Assurance
Industry: Business Advisory Services
State & City: NY-New York
Travel Requirements: 21-40%
Position Type: Full Time
Auto req ID: 59002BR-0

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 (www.pwc.com/us) 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.

PwC’s Actuarial and Insurance Management Solutions (AIMS) practice consists of over 125 credentialed life, health and non-life actuaries in the US (and hundreds more globally). AIMS professionals provide advice and consulting services to both the insurance industry and broader financial services providers, including property/casualty insurers and reinsurers, life and health insurers, captives, banks, third-party administrators, regulators, agents and brokers, and bureaus and associations. AIMS professionals have expertise in the domestic and international insurance industries and provide services in such areas as actuarial process improvement, risk and capital management, all types of valuation analyses, merger and acquisition support work, and financial reporting standards.

PwC’s Actuarial and Insurance Management Solutions (AIMS) property & casualty (P&C) practice assists private and public entities throughout the world with critical insurance business issues. We provide solutions to the challenges caused by intense competition, technological changes, workplace pressures, mergers and acquisitions, globalization, increased attention from regulators, and the ongoing struggle to provide greater value to all stakeholders.

PwC’s AIMS P&C practice is one of the largest actuarial consulting groups in the United States with over 50 credentialed P&C actuaries located in eight offices across the country. These professionals regularly provide advice, consulting, and audit support services to every segment of the insurance industry including insurers, reinsurers, regulators, captives, third-party administrators, agents and brokers, and bureaus and associations. Further, we provide services to a wide-range of Fortune 500 and other self-insured corporations from virtually every sector of the economy, including aerospace and defense companies, healthcare providers, entertainment and media, pharmaceutical companies, and consumer products companies. Major offerings include services related to:

– Actuarial and claims reserve valuation analyses
– Actuarial and claims process efficiency reviews
– Risk & capital management
– Merger & acquisition support
– Product design & pricing
– Litigation support
– Regulatory assistance
– Alternative markets
– Reinsurance

We also provide a wide array of additional P&C consulting services regarding financial reporting and audit related matters, captive feasibility studies, trans

Position/Program Requirements:
Minimum Years of Experience: 8 years of proven success in roles involving commercial lines insurance pricing
Minimum Degree Required: Bachelor’s degree or Master’s degree with documented academic background in actuarial science, mathematics, applied statistics, financial analysis, insurance, economics, or related quantitative disciplines.

Additional information:
Demonstrated proven success in the following areas related to selling and delivering solutions related to both property and casualty insurance product pricing is also required:
– Leading sales efforts through driving new business proposals and extending the range of services currently provided to a business’ current insurance clients, emphasizing long-term relationships;
– Matching the intellectual capital within a business’ global network to the pricing challenges faced by its multinational through regional mutual insurer clients;
– Positioning an actuarial and insurance management consulting-related business as an insurance pricing leader by developing intellectual property and participating in market facing activities;
– Keeping abreast of insurance industry developments with potential impact on the pricing function; and,
– Developing internal capabilities and delivering high quality work products, and a business’ internal and external brand.

Certification(s) Preferred: Fellow of the Casualty Actuarial Society, FCAS, or equivalent

Knowledge Preferred:
Demonstrates proven intimate knowledge of and success in roles using appropriate pricing methodologies to develop rate indications across a variety of lines of business and discussing indications with key stakeholders, which includes the following areas:
– Selecting, testing, and integrating third-party data into pricing models to improve business decision-making and managing related vendor relationships;
– Identifying and implementing optimal data segmentation for pricing studies;
– Understanding and applying classification ratemaking across a variety of lines of business;
– Assessing the need for enhanced rating plans, and success in developing and implementing solutions to meet these needs;
– Performing price monitoring analyses for various lines of business and discussing results with key stakeholders;
– Developing documentation required for rate filings and responding to regulatory interrogatories regarding the filings;
– Performing profitability analyses to assess performance at the line of business and individual account level; and,
– Developing new products related to and performing underwriting and pricing audits, including personal lines pricing.

Skills Preferred:
Demonstrates proven thought leadership abilities and success with developing and sustaining relationships with senior client actuarial leaders and other stakeholders—i.e. claims and underwriting, as well as the following additional areas:
– Developing and maintaining technical pricing models for various lines of business, including leveraging Microsoft Excel, Access and related programming experience to do so.
– Serving as team leader–leading teams to generate a vision, to establish direction and motivate members, as well as create an atmosphere of trust, leverage diverse views, coach staff, to encourage improvement and innovation.

Job ID: 59002BR-0

Source Article from http://jobs.pwc.com/new-york-state/assurance/jobid5929370-aims-pc-pricing-director-jobs