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Job Title: Actuary (Pension), Sr. Associate
Job Location: NY: New York
Pay Rate: Open
Job Length: full time
Start Date: 2008-09-02

Company Name: PricewaterhouseCoopers
Contact: Recruiter
Phone: email only please
Fax: email only please

Description: Actuary (Pension), Sr. Associate Job Description PricewaterhouseCoopers Human Resource Services (HRS) practice is one of the world’s largest HR, actuarial, and tax consulting businesses, with over 6,000 professionals worldwide. We partner with clients who aim to make their people a sustainable source of competitive advantage. We currently have an opportunity for a Retirement Actuarial Senior Associate within our Retirement Practice in our New York City office. Annually, the Retirement Practice performs valuations for each client to determine funding requirements and the P&L expense for all types of pension and welfare plans. These valuations both determine the current year’s cost of each plan and provide a mechanism to keep in touch with the dynamics of the benefit plan being reviewed - its participant characteristics, its assets and the benefits that generate its liabilities. Additionally, we are also actively involved in ensuring that our client’s benefit programs comply with government regulations and standards while also achieving stated human resource and overall business goals. As a Senior Associate, you will work on both large and small client teams while being responsible for performing and overseeing actuarial valuations of retirement and health & welfare programs. You will work on special projects such as statements, negotiations, benefit calculations, benefit redesigns and asset liability studies. While gaining early exposure to interfacing with clients, you will “grow” with a client as part of a dedicated team of professionals. There is a lot of opportunity to gain exposure to a wide variety of projects working with all levels of management as well as partnering with professionals from other areas of PricewaterhouseCoopers to provide broad-based solutions to clients’ business needs. Service Tax Industry Not Applicable Office New York NY Years Experience Required 3-5 Education Required * Strong academic background with BS/BA degree (preferably from a highly competitive institution) in mathematics, statistics, operations research or other quantitative disciplines. A diverse background through coursework, internships, networking or other career-related activities. Self-motivated, high achiever who has demonstrated leadership skills that will be used in a team oriented environment. * A minimum of 4 actuarial exams completed. Job Requirement Essential Qualified candidates will have: A minimum of 4 actuarial exams completed. 3 to 7 years of pension experience. Ability to perform benefit calculations including the development of optional forms of benefits and/or familiarity with benefit statement processes. Familiarity with the completion of government forms including PBGC Form 1 and Schedule A, Form 5500 and Schedule B. In the process of pursuing (or having achieved) Enrolled Actuary (EA) status. Pursuit of Society of Actuaries credentials [i.e., Associateship (ASA) and/or Fellowship (FSA)] is required for some positions. Proficiency in IRS funding valuations, including calculations of the minimum required contribution and maximum tax-deductible contributions. Working knowledge and practice of FAS 87 valuations; knowledge of FAS 88. Experience in data preparation flows to prepare for valuations. Exposure to Microsoft Office software [particularly Word for Windows, Excel and Access] is preferable but not critical. In the absence of such exposure, the individual should have the ability to learn their use. Strong team player. Ability to manage own workflow as well as oversee the work of others. Ability to work independently; must be motivated with strong oral and written communications skills. Strong academic background with BS/BA degree (preferably from a highly competitive institution) in mathematics, statistics, operations research or other quantitative disciplines. A diverse background through coursework, internships, networking or other career-related activities. Self-motivated, high achiever who has demonstrated leadership skills that will be used in a team oriented environment. We offer a comprehensive salary and benefits package. Please include your salary requirements. PricewaterhouseCoopers is proud to be an affirmative action/equal opportunity employer. Type of Position Full Time Job Code TAX-G-R-DP-115423

Please refer to Job code 31768525736700470339 when responding to this ad.

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