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RSM US LLP

P&C Actuary

RSM US LLP, Chicago, Illinois, United States, 60290


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, inclusive 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.Actuary - Property & CasualtyRisk & Regulatory Consulting, LLCWork from home - any US locationPosition OverviewAs an Actuarial Consultant, you will work with a team of industry professionals on regulatory consulting and other insurance-related engagements. This position has opportunity for advancement as well as personal and professional growth.Specific Duties and Responsibilities(Responsibilities may vary slightly depending on seniority level)Serve as part of the actuarial subject matter expert team on client engagements, including identifying and assessing significant reserving, pricing/underwriting, and reinsurance risks that could impact property/casualty insurer's financial strength as part of risk-focused financial examinations.Review rate filings that rely on complex models to assess the reasonableness of modeling approach and compliance with regulatory requirements.Assist audit teams with assessing the reasonableness of financial statement accruals.Prepare original actuarial analysis and review and assess the analysis of other actuaries.Coordinate internal resources and advise project team on potential solutions and strategies to meet project goals and client needs.Document observations and conclusions, communicate effectively with clients and cross-functional project teams, and adhere to project budget and timelines.Depending on level, may serve as career advisor, project manager, and mentor to staff.Contribute to the intellectual capital of the practice and Firm.RequirementsBachelor's Degree in Mathematics, Actuarial Science, Economics, or Statistics.Minimum of 7+ years professional experience in a Property and Casualty insurance company, financial services, or consulting firm.Knowledge of reserving, pricing, ratemaking, and/or risk management.Experience working in public accounting, Big 4 or consulting firm with regulatory consulting and/or audit support experience is preferred.ACAS, FCAS, MAAA designations preferred.Experience with personal lines, commercial lines, and reinsurance preferred.An understanding of insurance rates and regulatory requirements for supporting reserve levels.Experience in predictive modeling using Python or R is a plus.Demonstrated problem-solving skills.PC skills, including experience in using software for producing presentations, spreadsheets, and project planning (skills in TeamMate, Access, Visual Basic, MS Excel, and other applications).Ability to interact with all levels including executives and senior managers.Strong interpersonal, presentation, analytical, and statistical sampling skills.Excellent organizational skills and the ability to prioritize multiple tasks, projects, and assignments.Exceptional written and verbal communication skills.Dynamic/flexible demeanor with exceptional client service skills.Forward-thinking leader with a collaborative focus who can consult effectively with key constituents and become recognized as a valued resource.Must be self-motivated and possess a sense of urgency.Skilled in team building and team development.Ability to travel on occasion.Ability to demonstrate ethical and professional standards as outlined by the Firm.Risk & Regulatory Consulting, LLC (RRC) was formerly a business segment of RSM US LLP (formerly McGladrey) until 2012 when the separate legal entity was formed. RRC is a strategic business partner with RSM providing actuarial and insurance industry consulting services to RSM clients.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. Learn more about our total rewards at

https://rsmus.com/careers/working-at-rsm/benefits .As an Affirmative Action and Equal Opportunity Employer, 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 (including gender identity and/or gender expression); 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; 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 800-274-3978 or send us an email at careers@rsmus.com.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.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. The salary range (or starting rate for interns and associates) for this role represents numerous factors considered in the hiring decisions including, but not limited to, education, skills, work experience, certifications, location, etc. As such, pay for the successful candidate(s) could fall anywhere within the stated range.Compensation Range: $92,100 - $185,400. Individuals selected for this role will be eligible for a discretionary bonus based on firm and individual performance.

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