Consultant (Life Insurance & Financial Services)

Towers Perrin is a global professional services firm that helps organizations around the world optimize performance through effective people, risk and financial management. The firm provides innovative solutions to client issues in the areas of human resource strategy, design and management; actuary consulting to the financial services industry; and reinsurance intermediary services.

The Tillinghast business of Towers Perrin provides global actuarial and management consulting to insurance and financial services companies and advises other companies on risk financing and self-insurance. We help clients with a broad range of business issues, including those related to mergers, acquisitions and restructuring; financial and regulatory reporting; risk, capital and value management; products, markets and distribution; and financial modeling software solutions.

Job Description:

The Life/Financial Services division of Tillinghast is currently seeking candidates for a Consultant position. You will work on a variety of projects including some or all of the following: assisting clients with mergers and acquisitions by building financial models, setting assumptions and valuing synergies, working in our financial management practice on US GAAP accounting, embedded value, risk-based capital measures and other financial reporting, developing and pricing both life insurance and annuity products, assisting our distribution practice in valuing and optimizing sales performance and assisting clients with the implementation and/or other consulting needs of TAS, MoSes or related actuarial software applications.

Responsibilities include:

Working with a team of experts from both actuarial and management consulting backgrounds on client engagements to solve client problemsServing as the project manager on client engagementsDeveloping new business including: creating opportunities to discuss new business opportunities both through individual selling efforts and providing support to team sales efforts; using client relationships to identify client needs (explicit/implicit) for new/additional sales; broadening potential client’s understanding of firm’s capabilities; and formulating proposals demonstrating how the firm will address problems/issues identifiedMaking a valued contribution to the intellectual capital development of the firm
REQUIREMENTS
Requirements:

Successful completion FSA designation. An ASA moving towards FSA (1-2 exams remaining) would also be considered 5+ years work experience in a life insurance company, financial services organization or consulting firmExpertise in at least one core service area (financial modeling, analysis/management, risk management embedded value, distribution, Asset Liability Management (ALM),Customer Value management (CVM) or Actuarial Software Implementation (Tillinghast Actuarial SoftwareÔ and MoSesÔ)Financial modeling experience including building financial models and analyzing experience to set assumptions (Tillinghast Actuarial SoftwareÔ and MoSesÔ)Solid understanding of how the life insurance industry operates (including product knowledge, regulatory requirements, accounting systems, etc.)Proven experience building and maintaining client relationships (internal or external)Project management experienceExcellent oral and written communication skillsAbility to think “outside the box” and encourage new ideas and solutionsAbility to travel if required

Interested candidates should apply online in the “Careers” section at http://www.towersperrin.com.

Towers Perrin is an Affirmative Action / Equal Opportunity Employer.