Senior Manager/ Associate Director, Non-Life Actuarial - Risk and Capital, Human Capital

Deloitte LLP; London; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

A leading consulting firm in London is seeking a Senior Manager/Associate Director to enhance their Risk and Capital practice. This role involves managing client projects, developing team skills, and engaging with clients to deliver top-tier solutions. Ideal candidates will have expertise in Non-Life Risk and Capital and be part of a dynamic, collaborative environment. Hybrid working is offered, providing flexibility in the new era.

Benefits

Flexible working arrangement

Professional development opportunities

Collaborative team environment

Qualifications

• Proven track-record in managing client projects successfully.
• Experience in talent development and mentorship.
• Ability to work in global team environments.

Responsibilities

• Manage client projects ensuring timely delivery and high-quality outputs.
• Define client deliverables, plans, and approaches.
• Support business development including client proposals.

Skills

Non-Life Risk and Capital experience

Capital modelling

Solvency II knowledge

Leadership skills

Client relationship management

Education

Qualified or part-qualified with an Actuarial Professional body

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.

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’show 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, whereverwe arein the world, welead the way,serve with integrity, take care of each other ,fosterinclusion, andcollaborate for measurable impact. These five shared values lead every decision wemake and action we take, guiding us to deliver impact how and where it mattersmost .

Connect to your opportunity

As a Senior Manager/Associate Director, you will have responsibility for:

• 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); 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.

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.

The key services that you could be involved in include:

• 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.
  • Carrying out Internal Model Validation.
  • Supporting Major Model Change applications to the regulator; and
  • 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; and
  • 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; and
• Understanding of market best practice and regulation, for example Lloyd’s capital principles.
• Knowledge of capital modelling software (ReMetrica or Tyche preferred); and
• Qualified or part-qualified with an Actuarial Professional body.

Connect to your business - Technology and Transformation

Distinctive thinking, deep expertise, innovation and collaborative working. That’s what connects us. That’s what makes us Deloitte. If you want to help solve some of the biggest tech and transformational challenges around, join us. Together, we’ll make an impact that matters.

Human Capital

People are what powers enterprise. That’s why we need to focus on the human experience in an ever-changing, digital world. We help clients utilise technology to support their workforce, organisation, and HR Transformations.

Personal independence

Regulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm. We are subject to a number of audit regulations, one of which requires that certain colleagues abide by specific personal independence constraints (e.g., in relation to any financial interests and employment relationships). This can mean that you and your "Immediate Family Members" are not permitted to hold certain financial interests (shares, funds, bonds etc.) with audit clients of the firm, and also prohibitions on certain employment relationships (e.g., you are not permitted to hold a secondary employment role with SEC audit clients of the firm whilst being employed by the firm). The recruitment team will provide further detail as you progress through the recruitment process or you can contact the Independence team upon request.

Connect with your colleagues

“The great culture, flexibility, and range of experiences that Deloitte offers is what sets this firm apart. In Human Capital, Deloitte is far ahead of any of our immediate competitors.”

-Sophia, Technology & Transformation

Our hybrid working policy

You’ll be based in London with hybrid working.

At Deloitte we understand the importance of balancing your career alongside your home life. That’s why we’ll support you to work flexibly through our hybrid working policy. 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.

Our commitment to you

Making an impact is more than just what we do: it’s why we’re here. So we work hard to create an environment where you can experience a purpose you believe in, the freedom to be you, and the capacity to go further than ever before.

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.

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.

Discover more reasons to connect with us, our people and purpose-driven culture at deloitte.co.uk/careers