Senior Consultant (Non-Life Actuarial & Reserving)

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 Transformation & Technology, Strategy, Risk & Transactions Advisory, Audit and Tax, 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 in the market.

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 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;
• Learning consulting skills with client-facing opportunities and working with non-actuaries;
• Taking responsibility for the delivery of packages of work to adequate time and quality considerations;
• Managing a small number of junior team members (c.1-5);
• Identifying and escalating risks and issues;
• Contributing to business development and practice management activity, in conjunction with more senior team members;
• Attending client meetings.
• 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:

• Reserving (GAAP, Solvency II technical provisions, IFRS 17 reporting) across Lloyd’s & London Market, UK and global personal and commercial businesses
  • Finance, Capital and Business Partnering transformation, including but not limited to:
  • Post-merger integration, cost reduction, modelling and process modernization, future proofing through AI/Gen AI etc.

You are likely to be involved in:

• Underwriting & Pricing Transformation, including but not limited to:
  • Pricing model rationalization, pricing model re-platforming etc.

In addition, you could be involved in projects such as:

• Internal and external audit support;
• Mergers & Acquisitions transaction advisory;
• Other expert and advisory work.

Connect to your skills and professional experience

Essential:

• Experience of the UK non-life insurance industry.
• Strong reserving background, including experience across several lines.
• 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 small projects successfully.
• Self-starting; able to build rapport and relationships.
• Strong written and oral communication skills.

Desirable:

• Knowledge of Python and R advantageous.
• Close to qualification or newly qualified.

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.

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 utilize technology to support their workforce, organisation, and HR 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. 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 with audit clients of the firm, and also prohibitions on certain employment relationships.

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, Technology and Transformation

Our hybrid working policy

You’ll be based in a virtual community 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.

You’ll get the chance to meet face to face when needed while you collaborate and learn from colleagues, share your experiences, and build the relationships that will fuel your career and prioritize your wellbeing.

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.