Industry/Sector

Not Applicable

Specialism

Pensions

Management Level

Senior Associate

Job Description & Summary

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 a Senior Associate, youll 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:

Use feedback and reflection to develop self awareness, personal strengths and address development areas.
Delegate to others to provide stretch opportunities, coaching them to deliver results.
Demonstrate critical thinking and the ability to bring order to unstructured problems.
Use a broad range of tools and techniques to extract insights from current industry or sector trends.
Review your work and that of others for quality, accuracy and relevance.
Know how and when to use tools available for a given situation and can explain the reasons for this choice.
Seek and embrace opportunities which give exposure to different situations, environments and perspectives.
Use straightforward communication, in a structured way, when influencing and connecting with others.
Able to read situations and modify behavior to build quality relationships.
Uphold the firms 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 Field(s) of Study:

Actuarial Science,Mathematics,Business Analytics,Finance,Economics,Risk Management,Statistics

Minimum Year(s) 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.

Travel Requirements

Up to 40%

Job Posting End Date

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.

As PwC is an equal opportunity employer, all qualified applicants will receive consideration for employment at PwC without regard to race; color; religion; national origin; sex (including pregnancy, sexual orientation, and gender identity); age; disability; genetic information (including family medical history); veteran, marital, or citizenship status; or, any other status protected by law. 

For only those qualified applicants that are impacted by the Los Angeles County Fair Chance Ordinance for Employers, the Los Angeles Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, San Diego County Fair Chance Ordinance, and the California Fair Chance Act, where applicable, arrest or conviction records will be considered for Employment in accordance with these laws. At PwC, we recognize that conviction records may have a direct, adverse, and negative relationship to responsibilities such as accessing sensitive company or customer information, handling proprietary assets, or collaborating closely with team members. We evaluate these factors thoughtfully to establish a secure and trusted workplace for all.

The salary range for this position is: $84,000 - $202,000, 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 individuals skills, experience, qualifications and location, and applicable employment laws. PwC offers a wide range of benefits, including medical, dental, vision, 401k, holiday pay, vacation, personal and family sick leave, and more. To view our benefits at a glance, please visit the following link: https://pwc.to/benefits-at-a-glance