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Risk Modeling Services P&C - Senior Associate

Posted 5 Days Ago
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Hybrid
Chicago, IL, USA
72K-212K Annually
Senior level
Hybrid
Chicago, IL, USA
72K-212K Annually
Senior level
Analyzes and manages financial and insurance risks using actuarial science, statistical analysis, and financial modeling. Develops risk models, identifies trends, provides regulatory compliance advice, and delivers insights and recommendations to clients. Presents findings to stakeholders, collaborates on risk management objectives, maintains professional standards, and supports client relationships while developing leadership capabilities.
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The Opportunity
As a Risk Modeling Services P&C - Senior Associate, you will engage in analyzing and managing financial risks for clients through statistical modeling and data analysis. Your work will generate valuable insights and recommendations to help businesses make informed decisions and mitigate potential risks. As a Senior Associate, you will focus on building meaningful client connections and learning how to manage and inspire others. You will navigate increasingly complex situations, growing your personal brand and deepening your technical skills. You are expected to anticipate the needs of your teams and clients, delivering quality outcomes even when the path forward isn't clear.
In this role, you will be part of our Actuarial Services team within our Assurance practice, where you will contribute to maintaining regulatory compliance and managing risks for clients. You will provide advice and solutions, helping organizations navigate complex regulatory landscapes and enhance their internal controls. This position offers an opportunity to develop a deeper understanding of the business context and how it is evolving, using critical thinking to break down complex concepts and interpret data to inform insights and recommendations.
Responsibilities
- Analyzing and managing financial risks through statistical modeling and data analysis
- Developing insights and recommendations to support informed decision-making for clients
- Utilizing actuarial science and financial modeling techniques to assess risk exposure
- Implementing risk models to enhance clients' risk management strategies
- Conducting complex data analysis to identify trends and potential risk factors
- Presenting financial reports and findings to stakeholders in a clear and concise manner
- Collaborating with clients to understand their risk management needs and objectives
- Applying statistical analysis software to interpret data and generate actionable insights
- Upholding professional and technical standards in all client engagements
- Navigating complex regulatory landscapes to provide compliance advice and solutions
What You Must Have
- At least a Bachelor's degree in one of the following fields of study: Actuarial Science, Mathematics, Statistics, Economics, Applied Mathematics, Mathematical Statistics
- At least 2 years of experience
- Current pursuit of or an Associateship of the Society of Actuaries and actively pursuing Fellowship of the Society of ActuariesCertification requirement may be waived if the candidate has more experience in the relevant field
What Sets You Apart
- Demonstrating proficiency in Actuarial Science and Risk Analysis
- Utilizing Statistical Analysis Software for complex data interpretation
- Implementing Risk Models in non-life insurance contexts
- Excelling in Financial Risk Management and Strategic Forecasting
- Presenting Financial Reports with clarity and precision
- Embracing change and demonstrating learning agility
- Analyzing complex data to inform strategic decisions
The salary range for this position is: $72,000 - $184,440. For residents of Washington state the salary range for this position is: $72,000 - $212,000. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications and location, and applicable employment laws. All hired individuals are eligible for an annual discretionary bonus. 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
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.
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.
Learn more about how we work: https://pwc.to/how-we-work
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.

PwC Chicago, Illinois, USA Office

One North Wacker Drive, Chicago, IL, United States, 60606

PwC Chicago, Illinois, USA Office

330 North Wabash Avenue, Suite 3950, Chicago, IL, United States, 60611

PwC Rosemont, Illinois, USA Office

9399 West Higgins Road Suite 900, Rosemont, IL, United States, 60018

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