Senior Manager (Non-Life Actuarial Risk & Capital)

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 Technology & Transformation, Audit & Assurance, Enabling Functions, Risk & Transactions Advisory, and Tax & Legal. This exposure will allow you to develop an impressive range of commercial consulting skills that will increase your career options and opportunities.

Connect to your career at Deloitte

Deloitte drives progress. Using our vast range of expertise, 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 where it matters most.

Connect to your opportunity

As a Senior Manager/Associate Director, you will have responsibility for:

• Building out and delivering Deloitte’s offerings across Risk and Capital.
• Managing client projects, ensuring timely delivery, high quality of outputs and managing or escalating risks and issues.
• Defining client deliverables, plans and approaches.
• Managing teams of more junior staff as part of a larger project, including performance management.
• Having client contact, including dealing with queries, attending meetings and working on client sites.
• Working with a range of Deloitte’s technology and vendor alliances and other business relationships.
• Taking a role in supporting business development (for example assisting with client proposals).
• Working with senior leadership to take accountability for a sub-area of our practice management roles, for example within brand, eminence, proposition development, operational excellence.

Our practice has both breadth and technical depth, which is increasingly important in a constantly evolving general insurance landscape. You can expect to be involved in a wide variety of assignments, managing the delivery of our client projects and supporting the development of our teams, propositions and brand.

The key services that you could be involved in include:

• Providing Risk and Capital support to clients, which could include:
• Advising on the design, build and maintenance of capital models used to calculate Solvency Capital Requirement (SCR).
• Running and maintaining capital models and reporting outputs.
• Carrying out Internal Model Validation.
• Supporting Major Model Change applications to the regulator.
• Reviewing and carrying out Standard Formula calculations of SCR.
• In addition to capital related projects, you may also be involved in:
• Reserving (GAAP, Lloyd's & London Market, Solvency II technical provisions, audit support).
• Mergers & Acquisitions transaction advisory.
• Other expert and advisory work.
• Finance, Reserving, IFRS 17 and Business Partnering transformation.
• Underwriting & Pricing Transformation.

Connect to your skills and professional experience

Due to the breadth of our Risk and Capital offering, the following bullet points provide a range of desirable rather than essential attributes.

London Market and prior consulting experience is particularly desirable. Candidates with suitable other backgrounds may be considered.

Highly Desirable

• Experience across Non-Life Risk and Capital with one or more of the following specialisms:
• Internal model validation.
• Capital modelling (modelling, parameterisation, reporting, and documentation).
• Knowledge of Solvency II regulatory requirements.
• The ability to apply your knowledge in practical and commercial situations.
• Track record of being able to take ownership of, and complete packages of work or projects successfully.
• Self-starting; able to build rapport and relationships.
• Experience of talent development (e.g. performance management for junior team members, mentorship or coaching of individuals).
• Clear communication skills.
• Experience in leadership and team management roles.
• The ability to work in global team environments.
• Understanding of market best practice and regulation, for example Lloyd’s capital principles.

Desirable

• Knowledge of capital modelling software (ReMetrica or Tyche preferred).
• Qualified or part-qualified with an Actuarial Professional body.

Connect to your business - Technology and Transformation

Distinctive thinking, deep expertise, innovation and collaborative working. That’s what connects us. That’s what makes us Deloitte. If you want to help solve some of the biggest tech and transformational challenges around, join us. Together, we’ll make an impact that matters.

Cyber

The modern world is more complex than ever before, and we are navigating an ever-changing landscape. We help clients to operate with resilience and grow with confidence to secure success and minimise risk.

Enterprise, Technology and Performance

Our clients want to achieve maximum value from digital transformation investments in Finance, Supply Chain and IT operations. That’s where we come in. By taking a holistic view of performance improvement, including strategy, process design and technology enablement, we support the smooth operation of transformations.

Engineering, AI and Data

We lead transformation at the heart of our clients; re-engineering the core of our clients’ organisations, helping to unleash growth, and creating better futures for their customers, citizens and employees.

Customer

Human connections are integral to business. We combine people, ideas and technology to support our clients to build strong connections. For example, through commerce, customer design and sales services.

Human Capital

People are what powers enterprise. That’s why we need to focus on the human experience in an ever-changing, digital world. We help clients utilise technology to support their workforce, organisation, and HR Transformations.

Defence and Security

Our Defence and Security teams support clients to make the UK a safer place. From organisation change and project management to engaging with complex technology, we help the businesses and government organisations we work with to deliver the best services possible.

Finance Transformation

Our clients want to achieve maximum value from digital transformation investments in Finance. That’s where we come in. By taking a holistic view of performance improvement, including strategy, process design and technology enablement, we support the smooth operation of transformations.

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.

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

Our hybrid working policy

You’ll be based in London with hybrid working.

At Deloitte we understand the importance of balancing your career alongside your home life. That’s why we’ll support you to work flexibly through our hybrid working policy. Depending on the requirements of your role, you’ll have the opportunity to work in your local office, virtual collaboration spaces, client sites and remotely.

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.

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.