Life Actuary Consulting Manager (Multiple Locations)

Company: Deloitte
Location: Houston
Posted on: June 25, 2022

Job Description:

Life Actuary Consulting Manager

Deloitte Consulting's Human Capital practice is a leading global advisor and implementation partner working with companies, governments, and organizations around the world. Our goal is to improve our clients' organizational results and impact by focusing on challenges at the intersection of business and people.

IN MULTIPLE LOCATIONS: Minneapolis, Chicago, New York, Hartford.

Work you'll do

As a Deloitte Consulting Life Actuary Manager 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 to large 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 teams 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
• Lead 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
• Proactively lead teams to identify, design, and deploy proprietary models, algorithms, data sets, or other assets or project accelerators
• Provide leadership 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 engage in 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
  • 6+ years of Life Actuary experience
  • Successfully passed 5 actuarial exams
  • Limited sponsorship
  • Ability to travel up to 50% , on average, based on the work you do and the clients and industries/sectors you servePreferred:
    
    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 as lapse, mortality, expenses, etc.
    • Assumption setting for multiple purposes spanning pricing, forecasting, financial reporting and /or embedded value
    • Actuarial projections models for multiple purposes spanning pricing, financial planning, ALM, and financial reporting
    • Financial reporting across a subset of the relevant accounting methodologies (statutory, US GAAP, IFRS, tax) for a subset of the full range of individual life insurance and annuity products
    • Mergers and acquisitions, including understanding of purchase accounting
    • Demonstrated ability to create followship among staff as an admired leader
    • Self-motivation to achieve the ASA or FSA designation, with demonstrated, consistent progress
    • Demonstrated ability and confidence to lead medium to large sized teams
      
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Keywords: Deloitte, Houston , Life Actuary Consulting Manager (Multiple Locations), Professions , Houston, Texas