Consultant / Senior Consultant, Life Actuarial – Capital Markets Group, Human Capital, Consulting
Job Description
Job title: Consultant / Senior Consultant, Life Actuarial – Capital Markets Group, Human Capital, Consulting
Company: Deloitte
Job description: Connect to your IndustryCan you see what’s coming round the corner? The Capital Markets Group (CMG) specialises in modelling risks such as the future movements of UK and international economic markets and longevity rates. If you have extremely strong quantitative and technical skills and would like to apply them in an actuarial and banking context, we are the right place for you. Are you up for the challenge?Connect to your career at DeloitteDeloitte drives progress. Using our vast range of expertise, that covers audit, risk advisory, and consulting services across tax, legal, business, technology and corporate finance, 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 every day. 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. These five shared values lead every decision we make and action we take, guiding us to deliver impact how and where it matters most.Connect to your opportunityCMG is a team of specialist practitioners that are part of the Deloitte Actuarial Insurance and Banking team, and is based in London. As part of the CMG team, you will be involved in the more technical aspects of actuarial and banking work including proxy modelling, risk modelling and stochastic economic scenario modelling. Work in CMG requires high levels of quantitative skills to solve new and challenging problems on behalf of our clients.The team is responsible for:
- Developing solutions for capital models such as proxy modelling, risk calibrations, matching adjustment and dynamic volatility adjustment;
- Reviewing risk calibrations and proxy modelling approaches against market practice, in particular for illiquid assets such as commercial mortgages and infrastructure assets;
- Designing, implementing and testing risk & valuation models for major companies to help these companies comply with the latest financial regulations;
- Helping clients enhance and optimise their internal modelling processes.
- Analysing client data and presenting your findings to the client by means of visualisation tools.
- Contributing to market leading research into new modelling techniques and developing new solutions to classic insurance problems.
Connect to your skills and professional experienceEssential
- A strong academic track record in Mathematics or other quantitative subjects and making fast progress towards, or hold, a recognised actuarial qualification;
- Good knowledge of the life insurance industry and asset markets;
- The ability to apply your technical knowledge in practical and commercial situations;
- Demonstrable experience in either proxy modelling, risk modelling or Solvency II/economic capital modelling, in particular credit risk and matching adjustment;
- Good modelling skills with advanced knowledge in one coding language;
Desirable
- Experience of modelling illiquid assets, for the base valuation and stress
Connect to your service line – ConsultingDistinctive thinking, deep expertise, and collaborative working. That’s what connects us. That’s what makes us Deloitte. If you want to help solve some of the biggest challenges around, join us. Together, we’ll make an impact that matters.Personal independenceRegulation 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. 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. The recruitment team will provide further detail as you progress through the recruitment process.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, ConsultingConnect to your agile working optionsLocation: LondonYour Work, Your Way: We call our hybrid working vision Deloitte Works. And it does. We trust you to make the right choices around where, when and how you work. You’ll be able to make decisions about how you work best, to be collaborative, learn from colleagues, share your experiences, build the relationships that will fuel your career and prioritise your wellbeing. Having great conversations with your team and your leadership paves the way for great collaborative ways of working.You’ll be joining one of our innovative virtual communities. Which means you’ll be part of the London team. You’ll have the flexibility to work from home or a client site as required. You’ll also have access to a number of local collaboration spaces where you can meet with colleagues when needed to support your role. Our hybrid-working model enables our people to collaborate, connect and innovate in both a virtual and physical capacity.You’ll have all the support you need to succeed, including robust tech and home workstation set-up guidance, as well as access to a variety of flexible working spaces and all sorts of social activities for you to join. We’re continually innovating our working practices too, so you can expect to see new and exciting technology developments coming soon.The future of work is evolving fast and we’re already leading the way, by enabling flexibility for our people, and making it easy for us all to connect and collaborate.Discover more about our .Connect to your return to work opportunityAre you looking to return to the workplace after an extended career break?For this role we can offer coaching and support designed for returners to refresh your knowledge and skills, and help your transition back into the workplace after a career break of two years or more. If this is relevant for you, just let your recruiter know when you make your application.Our commitment to youMaking 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 stepA 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/careersRTWPROG WPFULL SLCONS BACONM BAALLI CFTECH
Expected salary:
Location: London
