Senior Manager, Associate Director Non-Life Actuarial - Reserving in London
Senior Manager, Associate Director Non-Life Actuarial - Reserving

Senior Manager, Associate Director Non-Life Actuarial - Reserving in London

London Full-Time 36000 - 60000 ÂŁ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead innovative actuarial projects and collaborate with diverse teams across various sectors.
  • Company: Join Deloitte, a top-tier consulting firm known for its inclusive culture and impactful work.
  • Benefits: Enjoy flexible hybrid working, competitive salary, and continuous professional development opportunities.
  • Why this job: Make a real impact in the insurance industry while developing your consulting skills.
  • Qualifications: Experience in non-life insurance and strong communication skills are essential.
  • Other info: Dynamic environment with excellent career growth and mentorship opportunities.

The predicted salary is between 36000 - 60000 ÂŁ per year.

Join Deloitte's leading Actuarial Insurance practice and apply your skills in projects reaching beyond traditional actuarial boundaries. You will 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 will develop an impressive range of commercial consulting skills that will increase your career options and opportunities.

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.

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 suggesting next steps for risks and issues. Contributing to business development and practice management activity, in conjunction with more senior team members. Developing, mentoring, and coaching junior team members; supporting their continuing personal and professional development.

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 will be involved in include:

  • External Audit Reserving (GAAP, Solvency II technical provisions, IFRS 17 reporting) across Lloyd’s, London Market, UK and global personal and commercial businesses.

You are likely to be involved in:

  • Actuarial, 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.

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

  • Internal audit support.
  • Underwriting & Pricing Transformation.
  • Mergers & Acquisitions transaction advisory.
  • Other expert and advisory work.

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. Ability to question established processes and deliver appropriate change. Strong written and oral communication skills, able to present and lead discussions. Knowledge of Python and R advantageous. Qualified Actuary or qualifies via experience.

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.

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.

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 (e.g., in relation to any financial interests and employment relationships).

The recruitment team will provide further detail as you progress through the recruitment process or you can contact the Independence team upon request.

“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

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.

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 prioritise your wellbeing. Please check with your recruiter for the specific working requirements that may apply for your role.

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.

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.

Discover more reasons to connect with us, our people and purpose-driven culture at deloitte.co.uk/careers.

Senior Manager, Associate Director Non-Life Actuarial - Reserving in London employer: Deloitte LLP

Deloitte is an exceptional employer that fosters a dynamic and inclusive work culture, empowering employees to thrive in their careers while balancing personal well-being. With a commitment to professional development, you will have access to world-class training and diverse project opportunities that enhance your consulting skills in a collaborative environment. Located in London, the firm offers flexible hybrid working arrangements, allowing you to connect with colleagues and clients while enjoying a fulfilling work-life balance.
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Contact Detail:

Deloitte LLP Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Manager, Associate Director Non-Life Actuarial - Reserving in London

✨Tip Number 1

Network like a pro! Reach out to your connections in the actuarial field, especially those at Deloitte. A friendly chat can open doors and give you insights that a job description just can't.

✨Tip Number 2

Prepare for the interview by brushing up on your technical skills and understanding of the non-life insurance industry. Be ready to discuss how your experience aligns with Deloitte's values and the specific projects they handle.

✨Tip Number 3

Showcase your leadership skills! If you've managed teams or mentored others, share those experiences during interviews. Deloitte values collaboration and development, so highlight how you've contributed to team success.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're serious about joining the Deloitte family.

We think you need these skills to ace Senior Manager, Associate Director Non-Life Actuarial - Reserving in London

Actuarial Skills
Reserving Expertise
Client Management
Project Delivery
Team Leadership
Business Development
Communication Skills
Analytical Skills
Knowledge of Python
Knowledge of R
Problem-Solving Skills
Commercial Awareness
Adaptability
Stakeholder Engagement

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the role you're applying for. Highlight your experience in the UK non-life insurance industry and your strong reserving background. We want to see how your skills align with what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team. Don't forget to mention any relevant projects or experiences that showcase your consulting skills.

Showcase Your Communication Skills: Strong written communication is key for this role. Make sure your application is clear, concise, and free of jargon. We want to see that you can present ideas effectively, just like you would in a client-facing situation.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way to ensure your application gets into the right hands. Plus, you'll find all the details you need about the role and our culture there!

How to prepare for a job interview at Deloitte LLP

✨Know Your Actuarial Stuff

Make sure you brush up on your non-life insurance knowledge and reserving techniques. Be ready to discuss specific projects you've worked on and how they relate to the role at Deloitte. They’ll want to see that you can apply your technical skills in practical situations.

✨Showcase Your Consulting Skills

Deloitte values commercial consulting skills, so think about examples where you've successfully interacted with clients or led discussions. Prepare to demonstrate how you can contribute to business development and practice management, as well as how you’ve mentored junior team members.

✨Emphasise Your Adaptability

With the ever-changing regulatory landscape, it’s crucial to show that you can question established processes and suggest appropriate changes. Be prepared to discuss times when you’ve adapted to new challenges or technologies, especially in relation to AI or process modernisation.

✨Communicate Clearly and Confidently

Strong communication skills are a must for this role. Practice articulating your thoughts clearly and confidently, both in writing and verbally. You might be asked to present a case study or lead a discussion, so being able to convey your ideas effectively will set you apart.

Senior Manager, Associate Director Non-Life Actuarial - Reserving in London
Deloitte LLP
Location: London

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