Life Actuary Senior Consultant

Deloitte France; Minneapolis (MN); On-site; USD 128,000 - 253,000; Full time

Job summary

Deloitte seeks an Actuarial Senior Consultant within the Insights, Innovation & Operate team to guide life insurance and annuity clients through modernization and analytics programs. You will lead efforts across underwriting, product development, and financial reporting, collaborating with senior leaders to shape innovative solutions.

The role emphasizes independent work, strong communication, and project leadership in a fast-paced consulting environment.

Qualifications

• Bachelor's degree required.
• 4+ years actuarial experience for life insurance/annuities.
• Successful completion of 4 actuarial exams.
• Willingness to travel ~50%.
• Limited immigration sponsorship may be available.
• Experience in product development across distribution channels.
• Experience in experience studies, pricing, forecasting, financial reporting.

Responsibilities

• Advise life insurance and annuity clients on actuarial modernization and analytics.
• Monitor product, market, and regulatory developments to inform solution design.
• Redesign and modernize underwriting, new business, product development, financial reporting, and related processes.
• Support deployment of tools, data sources, and analytics to improve stakeholder experience and reduce cost.
• Contribute to design and deployment of proprietary models and accelerators in a consulting context.
• Collaborate with cross-functional teams and senior leaders to support development and sales efforts.

Skills

Independent work

Team collaboration

Written and verbal communication

Attention to detail

Project leadership

Multi-tasking

Interpersonal skills

Meet deadlines

Education

Bachelor's degree

Actuarial exams completed

Job description

Our Human Capital practice is at the forefront of transforming the nature of work. As converging forces reshape industries, our team uniquely addresses the complexities of work, workforce, and workplace dynamics. We leverage sector-specific insights and cross-domain perspectives to help organizations tackle their most challenging workforce issues and align talent strategies with their strategic visions. Our practice is renowned for making work better for humans and humans better at work. Be part of this exciting era of change and join us on this transformative journey.

Recruiting for this role ends on 09/30/2026.

Work you'll do

As an Actuarial Senior Consultant on the Insights, Innovation & Operate team, you will be responsible for advising life insurance and annuity clients on actuarial modernization, business transformation, and analytical initiatives.

• Monitor life insurance and annuity product, market, and regulatory developments to anticipate client needs and inform solution design
• Redesign and modernize business functions including underwriting, new business, product development, financial reporting, modeling, and adjacent actuarial processes
• Support the deployment of tools, technologies, data sources, and analytics to improve stakeholder experience, reduce cost, and generate actionable insights
• Contribute to the design and deployment of proprietary models, algorithms, data sets, and other project accelerators in a consulting environment
• Collaborate with cross-functional teams and senior leaders to support solution development, sales efforts, actuarial assurance activities, and practice development initiatives

A successful candidate would possess these skills:

• Ability to work independently and collaborate as part of a team
• Effective written and verbal communication skills
• Meticulous attention to detail and quality of work product
• Ability to build and sustain professional relationships
• Ability to lead projects or workstreams
• Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment
• Strong interpersonal skills and professional demeanor
• Ability to meet deadlines
• Ability to provide clear guidance to others

The team

Insights, Innovation, and Operate

Our Insights, Innovation & Operate Offering is designed to enhance key aspects of our clients' businesses by leveraging cutting-edge technology, data, and a blend of deep technical and human expertise. We innovate and deliver creative, industry-specific solutions that streamline operations and accelerate speed-to-value.

Qualifications

Required:

• Bachelor's degree
• 4+ years of actuarial experience supporting life insurance or annuity products
• Successful completion of 4 actuarial exams
• Ability to travel 50%, on average, based on the work you do and the clients and industries/sectors you serve
• Limited immigration sponsorship may be available
• 4+ years of experience in product development, including product design, pricing, filing, and implementation across one or more distribution channels
• 4+ years of experience developing experience studies for life actuarial assumptions including lapse, mortality, and expense assumptions
• 4+ years of experience in assumption setting for pricing, forecasting, financial reporting, or embedded value applications
• 4+ years of experience building actuarial projection models for pricing, financial planning, asset liability management, or financial reporting
• 4+ years of experience in financial reporting using statutory, United States Generally Accepted Accounting Principles, International Financial Reporting Standards, or tax accounting methodologies
• 2+ years of experience supporting mergers and acquisitions, including purchase accounting For individuals assigned and/or hired to work in Colorado, Deloitte is required by law to include a reasonable estimate of the compensation range for this role. This compensation range is specific to Colorado and takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $128,000 - $252,500.

Preferred:

• 4+ years of experience in product development, including product design, pricing, filing, and implementation across one or more distribution channels
• 4+ years of experience developing experience studies for life actuarial assumptions including lapse, mortality, and expense assumptions
• 4+ years of experience in assumption setting for pricing, forecasting, financial reporting, or embedded value applications
• 4+ years of experience building actuarial projection models for pricing, financial planning, asset liability management, or financial reporting
• 4+ years of experience in financial reporting using statutory, United States Generally Accepted Accounting Principles, International Financial Reporting Standards, or tax accounting methodologies

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

#HCFY27, #IIOFY27

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.