Life Actuary Senior Consultant

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Life Actuary Senior Consultant

Deloitte Consulting’s actuarial practice is a leading advisor and implementation partner working with Individual Life and Annuity insurance companies. Our goal is to improve our clients’ organizational results and impact by focusing on their critical business challenges leveraging actuarial skills.

Work you’ll do

As a Deloitte Consulting Life Actuary Senior Consultant in the Actuarial & Insurance Solutions group you will bring unique actuarial, analytical, and data sciences perspective in a management consulting environment. Selected job functions include leading medium sized teams in the following activities:

• Proactively follow current market trends across life insurance and annuity products, markets and regulations; anticipate future client needs and prepare accordingly
• Redesign and modernize core business functions for life insurance clients, including new business and underwriting operations, product development, financial reporting, modeling, and related functions
• Support deployment of modern-day tools, technologies, data sources, & analytics in such modernization initiatives, to achieve objectives such as improved stakeholder experiences, reduced costs, and more actionable or insightful results
• Participate on teams to identify, design, and deploy proprietary models, algorithms, data sets, or other assets or project accelerators
• Provide support in developing internal and external eminence, research, and solution development
• Provide subject matter expertise to consulting teams to facilitate the integration of actuarial with data science, technology, underwriting, distribution, finance, and other functions
• Actively support the sales process with other senior leaders
• Assist the Deloitte Audit Function, a separate business unit at Deloitte, providing professional actuarial assurance over the material accuracy of selected actuarial balances for selected attest clients
• Serve as a role model advocate for recruiting, training, people development, and overall strategic planning for the practice.

The team

Actuarial & Insurance Solutions

Deloitte’s Actuarial & Insurance Solutions practice works with finance, actuarial, analytics and risk functions to help life insurance companies, property & casualty insurance companies, health plans, and healthcare providers modernize their operations and manage actuarial costs and risks. This involves helping our clients move from where they are today to where they need to be in the future. To enable our success, we use data and insights to inform better ways of managing risk.

With over 250 credentialed actuaries in the U.S., our A&IS practice is one of the largest in the world. We are recognized as a leader in providing comprehensive, high-quality actuarial consulting, advanced analytics, and risk management services to our clients.

Qualifications

Required:

• Bachelor’s degree
• 4+ years of Life Actuary experience
• Successfully passed 4 actuarial exams
• Limited immigration sponsorship may be available
• Ability to travel up to 50%, on average, based on the work you do and the clients and industries/sectors you serve

Preferred:

The ideal candidate will have a meaningful set of knowledge and experience across a subset of the following dimensions for individual life insurance and annuities:

• Product development, including product design, pricing, filing and implementation, ideally across multiple distribution channels
• Development of experience studies for core life actuarial assumptions, such a