Actuary (pension), Sr. Assoc.
PricewaterhouseCoopers (Boston, Massachusetts)

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Job Description --------------- PricewaterhouseCoopers Human Resource Services (HRS) practice is one of the world’s largest HR, actuarial, and tax consulting businesses, with over 4,000 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 Sr. Associate within our Boston, Massachusetts office. This is a non-traditional retirement consulting role as approximately 20% of your time will be spent performing valuations. The remainder of your time is spent on audit support, retirement redesign projects, mergers and acquisitions, international retirement and benefit plans, retiree welfare plans, and working in other benefits areas outside of the retirement area of focus such as health and welfare, stock options, and executive compensation. Core competencies include quantitative analysis, contingencies and interest theory. You will interface with clients from the outset of the project to allow you to develop key relationships along with 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. You will have the opportunity to develop and maintain client relationships and to work closely with the PwC Tax, Audit, and Advisory professionals to provide benefits expertise on broader projects. Years of Experience Required ---------------------------- 4+ Education Required ------------------ - Strong academic background with BS/BA degree in mathematics, statistics, operations research or other quantitative disciplines. - Progress on exams administered by the Society of Actuaries. - A diverse background through coursework, internships, networking or other career-related activities. - Self-motivated, high achiever who has demonstrated leadership skills which will be used in a team oriented environment. Job Requirement Essential ------------------------- ¨ 4+ years of pension experience. ¨ Ability to perform benefit calculations including the development of optional forms of benefits and/or familiarity with benefit statement processes. ¨ Working knowledge of the completion of government forms including PBGC Form 1 and Schedule A, Form 5500 and Schedule B. ¨ Possess or working toward 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 and FAS 106 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. ¨ Interest in developing new ways to apply analytical skills to business problems and working in multi-disciplined environment ¨ Possess technical ability of qualified and non-qualified retirement plans, as well as a range of employee benefit issues, to provide solutions to our clients Type of Position ---------------- Full Time