Life Actuary Consulting Manager
Position Summary
Work you'll do
As an Actuarial Manager on the Human Capital team, you will be responsible for:
- Monitoring market trends across life insurance and annuity products, markets, and regulations to anticipate client needs and inform solutions
- Leading modernization efforts across life insurance business functions, including new business, underwriting operations, product development, financial reporting, modeling, and adjacent processes
- Supporting the deployment of tools, technologies, data sources, analytics, models, algorithms, and other assets that improve stakeholder experience, reduce costs, and generate actionable insights
- Providing actuarial subject matter support to multidisciplinary consulting teams and helping integrate actuarial work with data science, technology, underwriting, distribution, and finance
- Contributing to business development, research, solution development, recruiting, training, people development, strategic planning, and actuarial assurance support for selected Deloitte Audit engagements
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 mentor and provide clear guidance to others
The team
Qualifications
Required:
- Bachelor's degree
- 6+ years of Life actuarial experience
- Successful completion of 5 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.
Preferred:
- 6+ years of experience in product development, including product design, pricing, filing, and implementation across individual life insurance and annuity products
- 6+ years of experience developing experience studies for core life actuarial assumptions, including lapse, mortality, and expenses
- 6+ years of experience in assumption setting for pricing, forecasting, financial reporting, or embedded value
- 6+ years of experience creating actuarial projection models for pricing, financial planning, asset liability management, or financial reporting
- 6+ years of experience in financial reporting across statutory, US GAAP, IFRS, or tax methodologies for individual life insurance and annuity products
- 4+ years of experience across product development, asset-liability management, enterprise risk management, and/or hedging, inclusive of direct pricing experience
- 4+ years of experience leading medium to large teams or supporting mergers and acquisitions, including purchase accounting
The wage range for this role 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. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. 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 $148,200 to $292,300.
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.
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