At a Glance
- Tasks: Lead insurance legal entity structuring projects and ensure regulatory compliance.
- Company: Join Deloitte's Strategy, Risk & Transactions Advisory Practice in London.
- Benefits: Competitive day rate, hybrid work model, and a dynamic team environment.
- Other info: Collaborate with diverse teams across multiple jurisdictions for career growth.
- Why this job: Make a significant impact in the insurance sector with your expertise.
- Qualifications: Experience in regulatory licensing, corporate reorganisations, and programme leadership.
The predicted salary is between 60000 - 80000 £ per year.
The Insurance Legal Entity Structuring team forms part of Deloitte's Strategy, Risk & Transactions Advisory Practice and is a centre of excellence for Insurance regulation and the design and implementation of insurers' target legal entity structures. Using this expertise we support firms with:
- Merging and setting up new insurance carriers and branches in the UK and Europe in accordance with regulatory requirements and expectations.
- Must have experience of PV11 transfers.
- Drafting regulatory business plans and developing target operating models to ensure Day 1 readiness.
- Aligning insurers' legal entity structures with their strategic objectives to reduce unnecessary cost, create capital and operational efficiencies, generate synergies and streamline governance arrangements.
- End-to-end programme management and leadership to successfully implement insurers' target state structures, including the coordination of subject matter experts (e.g. Tax, Technology & Data, Regulatory, Legal, People, Actuarial, Accounting) and project teams across multiple jurisdictions.
Desired Skills and Experience:
- Experience of successfully achieving regulatory licenses, permissions and/or VoPs for insurance firms and setting up new regulated insurance entities.
- Corporate re-organisations in the insurance sector, such as merging entities, establishing holding companies and business transfers.
- Involvement in mergers and acquisitions from a regulatory perspective including regulatory due diligence, drafting regulatory business plans, legal entity structuring and Day 1 planning.
- Programme leadership and detailed planning to support smooth execution of the target state structure.
- Managing and leading multi-disciplinary and cross-jurisdictional teams.
Insurance Senior Manager (PV11 / Legal Entity Structuring) employer: Deloitte - Recruitment
Deloitte is an exceptional employer, offering a dynamic work environment in the heart of Central London that fosters collaboration and innovation. With a strong focus on employee development, we provide ample opportunities for growth through mentorship and training, ensuring our team members are equipped to excel in their careers. Our inclusive culture values diverse perspectives, making it a rewarding place for professionals seeking to make a meaningful impact in the insurance sector.
