Consultant- Senior Consultant, Life Actuarial, Human Capital, Consulting, London / Edinburgh

February 16, 2024

Job Description


Job title: Consultant- Senior Consultant, Life Actuarial, Human Capital, Consulting, London / Edinburgh

Company: Deloitte

Job description: Connect to your Industry

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 Audit, Tax, Consulting and Financial Advisory – 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 markets.

Our Life practice is divided into two teams:

  • Our advisory and core actuarial team – using your actuarial skills in a commercial way for the benefit of our clients. You will be involved in a diverse range of projects including Mergers & Acquisitions, Capital Optimization, financial reporting, with-profits work and audit work drawing on a mix of technical skills, regulatory knowledge and effective communication skills. You will also be involved in the identification and development of new propositions to help our clients respond to market trends and effectively execute their strategies.
  • Actuarial transformation team – helping our clients adapt their Finance and Actuarial functions to new technologies, new regulations and cost pressures. You will lead actuarial elements of our largest client’s Finance and Actuarial transformation programmes, including implementation of IFRS 17, and develop new propositions to take to our clients.

Connect to your career at Deloitte

Deloitte 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 opportunity

  • Actively contributing to a wide range of client projects of a technical actuarial nature;
  • Managing small teams of junior actuarial trainees as part of a larger project, including performance management;
  • Having extensive client contact, including dealing with queries, attending meetings with support and working on client sites;
  • Contributing to business development, for example assistant with client proposals.

Our practice has both breadth and technical depth which is increasingly important in an ever changing regulatory landscape. You can expect to be involved in a wide variety of assignments.

The key services that you could be involved in include:

  • Solvency II;
  • Finance Transformation;
  • Mergers & Acquisitions;
  • Capital Management;
  • Reserving;
  • Actuarial modelling;
  • Embedded value;
  • Audit;
  • IFRS

Connect to your skills and professional experience

Essential

  • Good knowledge of the life industry
  • The ability to apply your knowledge in practical and commercial situations;
  • Experience of at least one of our key services listed above;
  • A solid academic track record and good progress towards a recognised actuarial qualification;

Desirable

  • Ideally a degree in Actuarial Science or a quantitative subject

Connect to your service line – Consulting

Distinctive 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 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. 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, Consulting

Connect to your agile working options

Location: The home office of this role is Edinburgh

Your 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 can be based in any of our offices and we will do our best to accommodate. 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 opportunity

Are 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 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

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Expected salary:

Location: Edinburgh

Location