Actuarial Associate

With over 1,200 actuarial client relationships, Towers Perrin is among the world's largest employers of actuaries. Our HR Services line of business provides actuarial consulting in the areas of health and welfare, and retirement/pension benefits. Similarly, the Tillinghast business of Towers Perrin delivers global actuarial and management consulting to insurance and financial services companies and advises others on risk financing and self-insurance. Rapid growth in these key businesses has created a strong demand for the best consulting actuaries in the field.

As an Actuarial Associate with our firm, you'll work beside some of the industry's top consultants while earning your credentials. You'll have immediate exposure to real-world client engagements that will draw on your imagination and creativity, not just your number-crunching skills. Our culture is diverse and entrepreneurial, offering exceptional growth potential and varied career options.

Training and Development:

Towers Perrin provides one of the strongest actuarial training and development programs in the industry, including:

Active support to prepare for actuarial exams --including paid study time, balance between work and study time, and payment of exam registration fees, study notes, necessary textbooks and outside seminars
Formal and informal training and mentoring
Salary increases and bonuses upon successful completion of exams
Sponsorship of approved certification programs
Tuition reimbursement and educational loans
Towers Perrin Institute training courses designed to build your technical and consulting skills.

Sample Projects:


Helping Fortune 500 clients manage their pension plans by collecting employee data, performing calculations and completing the necessary U.S. government filings
Researching and modeling emerging types of insured losses
Working on nonroutine actuarial projects, such as merger and acquisition valuations, appraisals and integration issues, plan design and benefit strategy studies, and cost estimates for collective bargaining
Developing medical pricing and cost-containment strategies, and evaluating health care delivery systems and provider risk sharing arrangements
Developing advanced risk management tools for companies to hedge investment guarantees in their products
Conducting industry research and analyzing competitive practices
Providing actuarial, risk and general management services to all types of organizations in the public and private sectors.

Requirements/Qualifications:


Bachelors or masters degree with a major/minor in actuarial science, mathematics or statistics, or major with significant quantitative course work.
Successful completion of one or more actuarial exams highly preferred; candidates with no exams will be considered only if (1) the university where the candidate attended did not offer an actuarial science curriculum OR the candidate did not participate in the university's actuarial science program and (2) the candidate can provide specific examples of strong math aptitude and superior quantitative ability (e.g., high math SAT scores, score of 4 or 5 on AP Calculus BC exam, high grades on transcripts in math and science courses, etc.)
Strong oral and written communication skills
Strong academic record
PC proficiency and the ability to customize and learn software
Work experience that demonstrates strong technical and/or client service skills (actuarial internship preferred)
Demonstrated leadership skills and ability to work independently as well as in a team
Demonstrated project management skills
Completion of courses in Applied Statistical Methods, Corporate Finance and Economics that satisfy the Society of Actuary's VEE course requirement considered a plus.

Interested candidates should apply online in the ?Careers? section at