Director, Reserving, General Insurance, Actuarial Insurance & Banking
Director, Reserving, General Insurance, Actuarial Insurance & Banking

Director, Reserving, General Insurance, Actuarial Insurance & Banking

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead diverse teams and manage client engagements in the General Insurance sector.
  • Company: Join Deloitte, a global leader in consulting and professional services.
  • Benefits: Enjoy hybrid working, personal development opportunities, and a supportive culture.
  • Why this job: Make an impact while developing your skills in a dynamic environment.
  • Qualifications: Qualified Actuary with experience in the UK non-life insurance industry.
  • Other info: Work with cutting-edge technology and collaborate with top professionals.

The predicted salary is between 43200 - 72000 £ per year.

Bristol, Edinburgh, Glasgow, London, ManchesterJoin 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.Connect to your career at DeloitteDeloitte 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 everyday. 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 .Role and Responsibilities As a Director in our team, you\’ll work closely alongside Partners and Associate Directors and play a key role in influencing and shaping the strategic direction and development of the team, with the opportunity to:Demonstrate your leadership capabilities to effectively manage diverse teams, with an inclusive culture where people are recognised for their delivery of client work.Lead client engagements and develop strong long-term client relationships as a trusted business advisor in the General Insurance sector.Own and develop propositions, develop innovative thought leadership and support the growth of our business.Leverage your existing, and develop new, trusted relationships with our clients, identifying and sourcing new opportunities for Deloitte.Play an active role in the recruitment and career development of more junior team members.Learn from the best in the Business.You will have responsibility for:Building offerings and own portfolio across insurance audit (including, where relevant, Lloyd\’s Statement of Actuarial Opinion), independent reserve reviews, M&As and transformation.Lead 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, leading meetings and working on client sites.Working with a range of Deloitte\’s technology and vendor alliances and other business relationships.Working as a leader and taking a lead role in business development; andWorking with senior leadership to take accountability for a sub-area of our practice management roles, for example within brand, eminence, proposition development, operational excellence.Requirements Qualified Actuary or equivalent to qualified via experience.Experience of the UK non-life insurance industry.Solvency II/UK, IFRS17 knowledge.Strong network and presence in the market.Strong reserving background, including experience across several lines.Some capital modelling experience, standard formula or internal model knowledge.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.Ability to question established processes and deliver appropriate change.Strong written and oral communication skills, able to present and lead discussions.Practising or equivalent Certificate (Chief Actuary or Lloyds Signing Actuary, dependent on industry focus and level of experience).What We Offer 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.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.We are an equal opportunities employer and welcome applications from all qualified candidates. We are committed to making reasonable adjustments to enable candidates to apply for and perform roles within the firm.

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Director, Reserving, General Insurance, Actuarial Insurance & Banking employer: Deloitte LLP

Deloitte is an exceptional employer that fosters a culture of inclusion, collaboration, and continuous growth, making it an ideal place for professionals in the actuarial insurance sector. With a commitment to employee wellbeing and a hybrid working policy, you will have the flexibility to balance your career and personal life while engaging in cutting-edge projects that enhance your skills and expand your career opportunities. Join a team where your contributions are valued, and you can make a meaningful impact across diverse client engagements in a dynamic environment.
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Contact Detail:

Deloitte LLP Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Director, Reserving, General Insurance, Actuarial Insurance & Banking

✨Tip Number 1

Network strategically within the actuarial and insurance sectors. Attend industry events, webinars, and conferences where you can meet professionals from Deloitte and other firms. Building relationships with key players can give you insights into the company culture and potential job openings.

✨Tip Number 2

Familiarise yourself with Deloitte's values and recent projects in the actuarial space. Understanding their approach to client engagements and how they integrate technology into their services will help you align your discussions during interviews and demonstrate your fit for the role.

✨Tip Number 3

Prepare to discuss your leadership experiences and how you've managed diverse teams. Deloitte values inclusive cultures, so be ready to share specific examples of how you've fostered collaboration and supported the development of junior team members in your previous roles.

✨Tip Number 4

Stay updated on regulatory changes and trends in the UK non-life insurance market, particularly around Solvency II and IFRS 17. Being knowledgeable about these topics will not only enhance your confidence but also position you as a well-informed candidate who can contribute to Deloitte's strategic goals.

We think you need these skills to ace Director, Reserving, General Insurance, Actuarial Insurance & Banking

Qualified Actuary or equivalent experience
Strong knowledge of Solvency II and IFRS 17
Experience in the UK non-life insurance industry
Proven leadership capabilities
Client relationship management
Business development skills
Strong reserving background across multiple lines
Capital modelling experience
Ability to apply actuarial knowledge in commercial contexts
Excellent written and oral communication skills
Project management skills
Team management and mentoring abilities
Analytical and problem-solving skills
Adaptability to changing regulatory landscapes
Self-starter with strong networking abilities

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in the UK non-life insurance industry, particularly in reserving and capital modelling. Use specific examples that demonstrate your leadership capabilities and client engagement skills.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your values align with Deloitte's, and provide examples of how you've successfully managed diverse teams and built long-term client relationships.

Showcase Your Technical Skills: Clearly outline your qualifications as an actuary and your knowledge of Solvency II and IFRS 17. Include any relevant certifications and practical experiences that showcase your ability to apply your knowledge in commercial situations.

Prepare for Potential Interviews: Anticipate questions related to your experience in leading client projects and managing teams. Be ready to discuss how you approach problem-solving and your strategies for fostering an inclusive team culture.

How to prepare for a job interview at Deloitte LLP

✨Understand the Role and Responsibilities

Before the interview, make sure you thoroughly understand the job description and the key responsibilities of a Director in Reserving. Familiarise yourself with Deloitte's approach to actuarial work and how it integrates with other business lines like Audit and Consulting.

✨Showcase Your Leadership Skills

As a Director, you'll be expected to manage diverse teams and lead client engagements. Prepare examples from your past experiences that demonstrate your leadership capabilities, particularly in fostering an inclusive culture and developing junior team members.

✨Prepare for Technical Questions

Expect questions related to your technical expertise in reserving, Solvency II, and IFRS 17. Be ready to discuss your experience with capital modelling and how you've applied your knowledge in practical situations. This will showcase your depth of understanding in the field.

✨Demonstrate Your Business Development Acumen

Deloitte values individuals who can contribute to business growth. Prepare to discuss how you've identified new opportunities in previous roles and how you plan to leverage your network to benefit Deloitte. Highlight any successful client relationships you've built in the past.

Director, Reserving, General Insurance, Actuarial Insurance & Banking
Deloitte LLP
Location: London
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  • Director, Reserving, General Insurance, Actuarial Insurance & Banking

    London
    Full-Time
    43200 - 72000 £ / year (est.)
  • D

    Deloitte LLP

    10000+
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