Director, Reserving, General Insurance, Actuarial Insurance & Banking

Deloitte LLP; United Kingdom; Remote; GBP 80,000 - 120,000; Full time

Job summary

A leading professional services firm in the UK is seeking an experienced Director for their Actuarial Insurance practice. In this role, you will manage diverse teams, lead client engagements, and engage in business development within the General Insurance sector. The ideal candidate will be a qualified actuary with strong knowledge of the UK non-life insurance industry and excellent communication skills. Join the team for a fulfilling career that values personal contributions and learning.

Benefits

World-class development opportunities

Supportive work culture

Diversity and inclusion initiatives

Qualifications

• Qualified Actuary or equivalent to qualified via experience.
• Strong network and presence in the market.
• Track record of being able to handle projects successfully.

Responsibilities

• Manage diverse teams and maintain an inclusive culture.
• Lead client engagements and develop long-term relationships.
• Drive business development and innovation.

Skills

Qualified Actuary or equivalent

Experience in UK non-life insurance

Strong written and oral communication skills

Ability to build rapport and relationships

Solvency II knowledge

Strong reserving background

Education

Degree in Actuarial Science or equivalent

Job description

Bristol, Edinburgh, Glasgow, London, Manchester

Join Deloitte's leading Actuarial Insurance practice and apply your skills in projects reaching beyond traditional actuarial boundaries. You'll work with colleagues and clients in Audit, Tax, Consulting and Financial Advisory - exposing you to cutting edge actuarial work in a strategic, consulting and transactional context.

Connect to your career at Deloitte

Deloitte drives progress. Using our vast range of expertise, we help our clients' become leaders wherever they choose to compete. To do this, we invest in outstanding people. We build teams of future thinkers, with diverse talents and backgrounds, and empower them all to reach for and achieve more.

What brings us all together at Deloitte? It’s how we approach the thousands of decisions we make everyday. How we behave, our beliefs and our attitudes. In other words: our values. Whatever we do, wherever we are in the world, we lead the way, serve with integrity, take care of each other, foster inclusion, and collaborate for measurable impact.

Role and Responsibilities

As a Director in our team, you'll work closely alongside Partners and Associate Directors and play a key role in influencing and shaping the strategic direction and development of the team, with the opportunity to:

• Demonstrate your leadership capabilities to effectively manage diverse teams, with an inclusive culture where people are recognised for their delivery of client work.
• Lead client engagements and develop strong long-term client relationships as a trusted business advisor in the General Insurance sector.
• Own and develop propositions, develop innovative thought leadership and support the growth of our business.
• Leverage your existing, and develop new, trusted relationships with our clients, identifying and sourcing new opportunities for Deloitte.
• Play an active role in the recruitment and career development of more junior team members.
• Learn from the best in the Business.

You will have responsibility for:

• Building offerings and own portfolio across insurance audit (including, where relevant, Lloyd’s Statement of Actuarial Opinion), independent reserve reviews, M&As and transformation.
• Lead client projects, ensuring timely delivery, high quality of outputs and managing or escalating risks and issues.
• Defining client deliverables, plans and approaches.
• Managing teams of more junior staff as part of a larger project, including performance management.
• Having client contact, including dealing with queries, leading meetings and working on client sites.
• Working with a range of Deloitte’s technology and vendor alliances and other business relationships.
• Working as a leader and taking a lead role in business development; and
• Working with senior leadership to take accountability for a sub-area of our practice management roles, for example within brand, eminence, proposition development, operational excellence.

Requirements

• Qualified Actuary or equivalent to qualified via experience.
• Experience of the UK non-life insurance industry.
• Solvency II/UK, IFRS17 knowledge.
• Strong network and presence in the market.
• Strong reserving background, including experience across several lines.
• Some capital modelling experience, standard formula or internal model knowledge.
• The ability to apply your knowledge in practical and commercial situations.
• Track record of being able to take ownership of and complete packages of work or small projects successfully.
• Self-starting; able to build rapport and relationships.
• Ability to question established processes and deliver appropriate change.
• Strong written and oral communication skills, able to present and lead discussions.
• Practising or equivalent Certificate (Chief Actuary or Lloyds Signing Actuary, dependent on industry focus and level of experience).

What We Offer

We want you. The true you. Your own strengths, perspective and personality. So we’re nurturing a culture where everyone belongs, feels supported and heard, and is empowered to make a valuable, personal contribution. You can be sure we’ll take your wellbeing seriously, too. Because it’s only when you’re comfortable and at your best that you can make the kind of impact you, and we, live for.

Your expertise is our capability, so we’ll make sure it never stops growing. Whether it’s from the complex work you do, or the people you collaborate with, you’ll learn every day. Through world-class development, you’ll gain invaluable technical and personal skills. Whatever your level, you’ll learn how to lead.

A career at Deloitte is an opportunity to develop in any direction you choose. Join us and you’ll experience a purpose you can believe in and an impact you can see. You’ll be free to bring your true self to work every day. And you’ll never stop growing, whatever your level.

We are an equal opportunities employer and welcome applications from all qualified candidates. We are committed to making reasonable adjustments to enable candidates to apply for and perform roles within the firm.