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RSM US

RSM US

Actuarial Services -Manager (Life)

Actuarial Services -Manager (Life)

Job Details
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Uploaded On
June 29, 2023
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Location
Hartford, United States
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Remote?
No
Company Overview
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Headquarters
Chicago, IL
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Number of Employees
13000
Estimated Number of Actuaries
16
Salary
$
k-$
k
Glassdoor Ratings
""
Recommend to a Friend
91%
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Overall Score
4.2
[ RSM's purpose is to deliver the power of being understood to our clients, colleagues and communities through world-class audit, tax and consulting services focused on middle market businesses. The clients we serve are the engine of global commerce and economic growth, and we are focused on developing leading professionals and services to meet their evolving needs in today's ever-changing business environment.

At RSM, we love to be told that something is impossible. We constantly seek to innovate and pride ourselves on our ability to find unique, creative solutions to complex business problems. Our innovative, strategic approach rests on the knowledge, experience, and imagination of our creative, entrepreneurially-minded colleagues. We often bring together professionals from various areas of our firm to brainstorm ideas about a problem: as a result, we have a reputation for uncovering the possibilities in seemingly impossible situations.

The Actuarial Services practice is just one of many consulting services groups that form part of RSM's consulting line of business. A career within Actuarial Services will provide you with the opportunity to contribute insurance, risk advisory, and consulting services to clients in variety of industries including insurance, financial services, not-for-profit, government, and many more. You will have the opportunity to provide advice covering traditional actuarial services, risk and financial modeling software, enterprise risk management, insurance management, capital and financial modeling, process risk and controls, data analytics, and insurance transformation projects. Simply put, you will consistently strive to provide economic and financial value optimization for our clients and their customers using risk management and insurance strategies and techniques.

As a Manager in the Actuarial Services practice, you will work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution, and contribute to the overall growth of the practice. Professional skills and responsibilities for this level include the following:
  • Lead client relationship management and lead the execution of core actuarial services, including but not limited to:
    • Data collection, reconciliation, and analytics
    • Actuarial pricing and reserving analyses
    • Stress testing and economic capital modeling
    • Actuarial reports, presentations, and dashboards
    • Actuarial model development, governance and controls
    • Lead client strategy and lead the development of new business, including but not limited to:
    • Developing forecasts and business cases
    • Preparing and reviewing client letters, proposals, and presentations
    • Maintaining and analyzing client databases
    • Performing market research and preparing industry presentations
    • Analyze complex ideas and incorporate broader stakeholder views to develop meaningful solutions and recommendations.
    • Pursue opportunities to develop existing and new skills outside of your comfort zone.
    • Focus on building trusted relationships with our clients and your colleagues.
    • Develop a perspective on key industry trends, and how they impact the firm and our clients.
    • Oversee engagement economics and manage appropriate resources for efficient engagement models
    • Anticipate and address client concerns and escalate issues as they arise; identify performance improvement opportunities
    • Understand RSM's service lines and work as a team in providing an integrated service delivery
    • Develop others within the Actuarial practice through mentoring, training and advising on career development or participating in other Firm initiatives
    • Understand RSM's lines of businesses, availability of services and where applicable, discuss with client management of opportunities to make valuable introductions to others in the firm
    • Develop a strategy to utilize relationships external to the firm with different types of Centers of Influence to effectuate business growth
    • Subscribe to and actively read industry publications and share relevant information with clients as considered applicable
    • Ensure professional development through ongoing education

The successful candidate should meet the following requirements:
  • University degree in Actuarial Science, Statistics, Mathematics or similar
  • At least 7 years of relevant work experience
  • Fellow of the Society of Actuaries (FSA) and MAAA
  • Experience in Life insurance pricing, reserving, data analytics, risk management, financial reporting, capital modeling and/or stress testing
  • Experience managing and coaching junior actuarial staff from a career development perspective
  • Experience leading actuarial team and/departments including recruiting, staff management, and stakeholder management
  • Strong time management and organizational skills with the ability to multi-task and attain deadlines in a fast-paced, dynamic environment

Additional characteristics of the ideal candidate would also include:
  • Client-service driven and confident in their abilities and judgment
  • Solutions-oriented with keen attention to detail and analytical ability
  • Self-motivated, accountable and able to work with minimal direction and/or supervision
  • Able to work as an integral part of a team and share their unique strengths in a collaborative manner to achieve common goals
  • Keen to understand and learn innovative concepts and practices
  • Previous work experience and strong knowledge of actuarial software an asset (Moody's AXIS, Prophet, ALFA)
  • Proficient in Microsoft Office (Word/Excel/PowerPoint)
  • Excellent communication skills in English, both verbal and written


Currently, RSM does not intend to hire candidates for entry level positions who will need, now or in the future, RSM sponsorship through any non-immigrant visa category such as the H-1B, H-1B1, E-3, O-1, or TN.

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 800-274-3978 or send us an email at careers@rsmus.com.

The firm offers a competitive benefits package, base compensation, and an employee bonus program for eligible roles based on individual and firm performance per program guidelines. Base compensation ranges can be found between the ranges noted below in the posting, and an actual offer can vary based upon on role, hiring location, and qualifications. For additional information on RSM's total rewards, visit our website at https://rsmus.com/careers/working-at-rsm/benefits.html .

If required by applicable law or client policy, you may be required to be vaccinated for COVID-19 or have an approved accommodation.

You want your next step to be the right one. You've worked hard to get where you are today. And now you're ready to use your unique skills, talents and personality to achieve great things. RSM is a place where you are valued as an individual, mentored as a future leader, and recognized for your accomplishments and potential. Working directly with clients, key decision makers and business owners across various industries and geographies, you'll move quickly along the learning curve and our clients will benefit from your fresh perspective.

Experience RSM US. Experience the power of being understood.

RSM is an equal opportunity/affirmative action employer. Minorities/Females/Disabled/Veterans.

Job ID: req27928

Line of Business: Consulting Services

SubFunction: FC Actuarial Services

Job Type: FullTime

Req #: req27928

Location: Hartford, CT US

Region: Northeast Region

Job Category: Business Consulting/Technology

Employment Type: Experienced

Degree Required: Bachelor

Travel: Yes ]
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Working at 

RSM US

RSM US is a leading professional services firm that offers a wide range of audit, tax, and consulting services. With a strong presence in the United States and a global network spanning over 120 countries, RSM US provides comprehensive solutions to clients across various industries. As an actuary at RSM US, you'll be part of a highly skilled team that plays a critical role in evaluating and managing risks for clients. Actuaries at RSM US apply their expertise in statistical analysis, modeling, and forecasting to help clients make informed financial decisions, assess insurance liabilities, and develop risk management strategies. RSM US offers actuaries a dynamic and collaborative work environment, where they can work closely with clients and industry professionals. Actuaries at RSM US have the opportunity to work on diverse projects, gain exposure to different sectors, and contribute to the success of client organizations. Professional growth is a top priority at RSM US, and actuaries have access to ongoing training and development opportunities. Actuaries can enhance their skills, stay abreast of industry trends, and expand their knowledge base. Join RSM US' esteemed actuarial team and embark on a rewarding career where you can apply your actuarial expertise, work with prestigious clients, and enjoy competitive benefits in a supportive and inclusive work environment.