Life Actuary Consulting Senior Consultant

Job Description

<p><h3>Overview</h3><p>Human Capital</p><p>Our Human Capital practice is at the forefront of transforming the nature of work. We address the complexities of work, workforce, and workplace dynamics by leveraging sector insights and cross-domain perspectives to help organizations tackle workforce issues and align talent strategies with strategic visions.</p><h3>The Team</h3><p>Insights, Innovation, and Operate</p><p>Our Insights, Innovation & Operate Offering enhances clients' businesses by using technology, data, and a blend of technical and human expertise to deliver industry-specific solutions that streamline operations and accelerate speed-to-value.</p><p>Recruiting for this role ends on 12/31/25.</p><h3>Work you’ll do</h3><p>As a Consultative Services Life Actuary Sr. Consultant in Deloitte’s Human Capital group, you will bring actuarial, analytical, and data sciences perspectives in a management consulting environment. Selected job functions include leading medium-sized teams in the following activities:</p><ul><li>Proactively follow current market trends across life insurance and annuity products, markets and regulations; anticipate future client needs and prepare accordingly</li><li>Redesign and modernize core business functions for life insurance clients, including new business and underwriting operations, product development, financial reporting, modeling, and related functions</li><li>Support deployment of modern-day tools, technologies, data sources, & analytics in modernization initiatives to achieve objectives such as improved stakeholder experience, reduced costs, and more actionable or insightful results</li><li>Participate in teams to identify, design, and deploy proprietary models, algorithms, data sets, or other assets or project accelerators</li><li>Provide support in developing internal and external eminence, research, and solution development</li><li>Provide subject matter expertise to consulting teams to facilitate the integration of actuarial with data science, technology, underwriting, distribution, finance, and other functions</li><li>Actively support the sales process with other senior leaders</li><li>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</li><li>Serve as a role model advocate for recruiting, training, people development, and overall strategic planning for the practice</li></ul><h3>Qualifications</h3><p><strong>Required:</strong></p><ul><li>Bachelor’s degree</li><li>4+ years of Life Actuary experience</li><li>Successfully passed 4 actuarial exams</li><li>Limited immigration sponsorship may be available</li><li>Ability to travel up to 50%, on average, based on the work you do and the clients and industries/sectors you serve</li></ul><p><strong>Preferred:</strong></p><p>The ideal candidate will have knowledge and experience across a subset of the following dimensions for individual life insurance and annuities:</p><ul><li>4+ years of experience in product development, including product design, pricing, filing and implementation, ideally across multiple distribution channels</li><li>4+ years of experience developing experience studies for core life actuarial assumptions, such as lapse, mortality, expenses, etc.</li><li>4+ years of experience in assumption setting for multiple purposes spanning pricing, forecasting, financial reporting and/or embedded value</li><li>4+ years of experience creating actuarial projections models for multiple purposes spanning pricing, financial planning, ALM, and financial reporting</li><li>4+ years of experience in 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</li><li>2+ years of working with mergers and acquisitions, including understanding of purchase accounting</li></ul><p>The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including 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 $113,100 - $208,300.</p><p>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.</p><p>Possible Locations: Atlanta, Austin, Baltimore, Birmingham, Boca Raton, Boise, Boston, Charlotte, Chicago, Cincinnati, Cleveland, Columbus, Costa Mesa, Dallas, Davenport, Dayton, Denver, Des Moines, Detroit, Fort Worth, Fresno, Grand Rapids, Hartford, Hermitage, Houston, Huntsville, Indianapolis, Jacksonville, Jericho, Jersey City, Kansas City, Las Vegas, Los Angeles, Louisville, McLean, Memphis, Miami, Midland, Minneapolis, Morristown, Nashville, New Orleans, New York, Philadelphia, Pittsburgh, Portland, Princeton, Raleigh, Richmond, Rochester, San Antonio, San Diego, San Francisco, San Jose, Seattle, St. Louis, Stamford, Tallahassee, Tampa, Tempe, Tulsa, Washington DC.</p><p>Information for applicants with a need for accommodation: Because this field contains links, inline URLs for accessibility cannot be preserved in the final content. For more information, see the original posting or the Deloitte careers site.</p></p>
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