Lead Life Actuary & Regulatory Consultant

Risk & Regulatory Consulting LLC; Illinois; Hybrid; USD 134,000 - 269,000; Full time

Job summary

Risk & Regulatory Consulting, LLC (RRC), an affiliate of RSM, seeks a Lead Consulting Actuary to helm a team on regulatory engagements across life insurance and financial services. You will guide actuarial analyses, coordinate staffing, and ensure projects meet budgets and timelines.

The role offers advancement, business development opportunities, mentoring for junior staff, and contribution to the firm’s intellectual capital.

Qualifications

• 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

Responsibilities

• Lead actuarial engagements and oversee client projects.
• Prepare or review actuarial analyses and ensure quality of final work.
• Staff assignments and project budgeting and timelines.
• Support business development and cultivate client relationships.
• Mentor junior staff and contribute to the firm’s intellectual capital.
• Enhance operational efficiency of the actuarial practice.

Skills

Actuarial concepts

Financial modeling

Regulatory knowledge

Problem solving

Leadership

Communication

Education

Bachelor’s degree in Mathematics, Actuarial Science, Economics, or Statistics

MBA and/or professional certification

Tools

Microsoft Office

TeamMate

ACL/Access

Visual Basic

Job description

Risk & Regulatory Consulting, LLC (RRC), an affiliate of RSM, seeks a Lead Consulting Actuary to helm a team on regulatory engagements across life insurance and financial services. You will guide actuarial analyses, coordinate staffing, and ensure projects meet budgets and timelines.

The role offers advancement, business development opportunities, mentoring for junior staff, and contribution to the firm’s intellectual capital.