Life Actuary
$134k - $269kRisk & Regulatory Consulting LLC
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, 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.
Position Overview
As a Lead Consulting Actuary, you will lead a team of industry professionals on regulatory consulting engagements. This position has opportunity for advancement as well as personal and professional growth.
Specific Duties and Responsibilities
Serve as the leader and actuarial subject matter expert on client engagements including: prepare original actuarial analysis or review actuarial analysis performed by others, coordinate internal resources including making staffing decisions, advise project team on potential solutions and strategies to meet project goals and client needs, lead risk management and resolution of issues, adhere to project budget and timelines and manage teams to meet budgets and timelines, support ongoing knowledge of team with focus on evolving regulatory standards, ensure quality of final work products and train and mentor junior staff. Business development; create new business opportunities through individual selling efforts as well as by supporting team sales initiatives, cultivate and nurture client relationships to create awareness of Firm capabilities to help generate incremental business, assist in formulating proposals demonstrating our value proposition and our solutions. Contribute to the intellectual capital of the practice and Firm. Own operational efficiency and targeted improvements to operations of the actuarial practice.
Requirements
- Bachelor’s Degree in Mathematics, Actuarial Science, Economics, or Statistics
- MBA and/or professional certification/s preferred
- Minimum of 10+ years professional experience in a Life insurance company, financial services or consulting firm
- Some consulting experience is required
- ASA, FSA, MAAA designations preferred
- Knowledge of actuarial concepts: financial modeling and analysis, statutory valuation and reserving, risk management, product development and pricing, Asset Liability Management (ALM), actuarial software, life, annuity and reinsurance products
- Demonstrated problem solving skills; ability to tackle challenges creatively
- Strong understanding of regulatory requirements for reserving and rating PC skills, including experience in using software for producing presentations, spreadsheets, and project planning (skills in Microsoft Office, TeamMate, ACL/Access, Visual Basic, MS Excel and other applications)
- Ability to lead discussions with all levels including executives and senior managers
- Strong interpersonal, presentation, analytical and statistical skills
- Excellent organizational skills and the ability to prioritize multiple tasks, projects and assignments
- Exceptional written and verbal communication skills are required
- Dynamic/flexible demeanor with exceptional client service skills
- Must be self‑motivated and possess a sense of urgency
- Ability to travel occasionally
- Ability to demonstrate ethical and professional standards as outlined by the Firm
Risk & Regulatory Consulting, LLC (RRC), an affiliate of RSM, is a national, leading professional services firm dedicated to providing exceptional regulatory services to clients. RRC offers services in the following regulatory areas: financial examinations, market conduct examinations, insolvency and receiverships, actuarial services and valuations, investment analysis, reinsurance expertise, market analysis and compliance, and special projects. RRC is a results‑oriented firm committed to success that builds long‑term relationships with its clients.
Benefits and Compensation
At RSM, we offer a competitive benefits and compensation package for all our people. We offer flexibility in your schedule, empowering you to balance life’s demands, while also maintaining your ability to serve clients.
All applicants will receive consideration for employment as RSM does not tolerate discrimination and/or harassment based on race, color, creed, sincerely held religious beliefs, practices or observances, sex (including pregnancy or disabilities related to nursing), gender, sexual orientation, HIV status, national origin, ancestry, familial or marital status, age, physical or mental disability, citizenship, political affiliation, medical condition (including family and medical leave), domestic violence victim status, past, current or prospective service in the US uniformed service, US Military/Veteran status, pre‑disposing genetic characteristics or any other characteristic protected under applicable federal, state or local law. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment/partnership. RSM is committed to providing equal opportunity and reasonable accommodation for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or otherwise participate in the recruiting process, please call us at View phone number on click.appcast.io or send us an email at View email address on click.appcast.io. RSM does not intend to hire entry level candidates who will require sponsorship now OR in the future (i.e. F‑1 visa holders). If you are a recent U.S. college / university graduate possessing 1‑2 years of progressive and relevant work experience in a same or similar role to the one for which you are applying, excluding internships, you may be eligible for hire as an experienced associate. RSM will consider for employment qualified applicants with arrest or conviction records. For those living in California or applying to a position in California, please click here for additional information. At RSM, an employee’s pay at any point in their career is intended to reflect their experiences, performance, and skills for their current role.
Compensation Range: $134,000 - $269,000
Individuals selected for this role will be eligible for a discretionary bonus based on firm and individual performance.
Why work at RSM?
At RSM, we accomplish meaningful work and make an impact on the world around us. We work hard to fully understand our clients and work even harder to understand and identify your unique skills. We celebrate the differences among us and empower our talented professionals to grow forward, both personally and professionally. Our clients benefit from fresh insights and energy as we collaborate to support them, and our teams enjoy a work environment that inspires and empowers them to thrive.
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