Senior Manager & Non-Life Actuarial Risk and Capital & Human Capital

Deloitte LLP; Greater London; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A leading consulting firm in the UK seeks an experienced Actuary to join their Actuarial Insurance practice. The role involves delivering Risk and Capital solutions, managing client projects, and leading junior teams in a hybrid work model. Ideal candidates will have experience in Non-Life Risk management and hold a qualification from an actuarial professional body. Opportunities for career development and a collaborative environment await in this pivotal role.

Benefits

Hybrid working policy

Career development opportunities

Collaborative team environment

Qualifications

• Experience in Non-Life Risk and Capital projects.
• Familiarity with Solvency II regulatory requirements.
• Ability to manage teams and projects successfully.

Responsibilities

• Build and deliver offerings across Risk and Capital.
• Manage client projects with timely delivery.
• Support business development and proposals.

Skills

Non-Life Risk Management

Capital Modelling

Team Management

Client Consulting

Project Management

Education

Actuarial Professional Qualification

Tools

ReMetrica

Tyche

Job description

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 Technology & Transformation, Audit & Assurance, Enabling Functions, Risk & Transactions Advisory, and Tax & Legal – exposing you to cutting‑edge actuarial work in a strategic, consulting, and transactional context. Here you'll develop an impressive range of commercial consulting skills that will increase your career options and opportunities.

Responsibilities

• Building out and delivering Deloitte’s offerings across Risk and Capital.
• Managing 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, attending meetings and working on client sites.
• Working with a range of Deloitte’s technology and vendor alliances and other business relationships.
• Taking a role in supporting business development (for example assisting with client proposals).
• 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.

Our practice has both breadth and technical depth, which is increasingly important in a constantly evolving general insurance landscape. You can expect to be involved in a wide variety of assignments, managing the delivery of our client projects and supporting the development of our teams, propositions and brand.

Key services that you could be involved in

• Providing Risk and Capital support to clients, which could include:
  • Advising on the design, build and maintenance of capital models used to calculate Solvency Capital Requirement (SCR).
  • Running, and maintaining capital models and reporting outputs.
  • Supporting Major Model Change applications to the regulator.
  • Reviewing and carrying out Standard Formula calculations of SCR.
• In addition to capital related projects, you may also be involved in:
  • Reserving (GAAP, Lloyd's & London Market, Solvency II technical provisions, audit support).
  • Mergers & Acquisitions transaction advisory.
  • Other expert and advisory work.
  • Finance, Reserving, IFRS 17 and Business Partnering transformation.
  • Underwriting & Pricing Transformation.

Connect to your skills and professional experience

Due to the breadth of our Risk and Capital offering, the following bullet points provide a range of desirable rather than essential attributes. London Market and prior consulting experience is particularly desirable. Candidates with suitable other backgrounds may be considered.

Highly Desirable

• Experience across Non‑Life Risk and Capital with one or more of the following specialisms:
  • Capital modelling (modelling, parameterisation, reporting, and documentation).
  • Knowledge of Solvency II regulatory requirements.
  • 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 projects successfully.
  • Self‑starting; able to build rapport and relationships.
  • Experience of talent development (e.g. performance management for junior team members, mentorship or coaching of individuals).
  • Experience in leadership and team management roles.
  • The ability to work in global team environments.
  • Understanding of market best practice and regulation, for example Lloyd’s capital principles.
  • Knowledge of capital modelling software (ReMetrica or Tyche preferred).
  • Qualified or part‑qualified with an Actuarial Professional body.

Our hybrid working policy

You’ll be based in London with hybrid working. Depending on the requirements of your role, you’ll have the opportunity to work in your local office, virtual collaboration spaces, client sites and remotely. You’ll get the chance to meet face to face when needed, while you collaborate and learn from colleagues, share your experiences, and build the relationships that will fuel your career and prioritise your wellbeing. Please check with your recruiter for the specific working requirements that may apply for your role.

Connect to your next step

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.