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 opportunities for professional growth.
- Other info: Dynamic role with cross-jurisdictional teamwork and excellent career advancement potential.
- Why this job: Make a significant impact in the insurance sector while working with top experts.
- 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) in London 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 growth, we provide extensive training and development opportunities, ensuring our team members are equipped to excel in their roles. Our inclusive culture values diverse perspectives, making it a rewarding place for professionals seeking to make a meaningful impact in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Insurance Senior Manager (PV11 / Legal Entity Structuring) in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Deloitte - Recruitment). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Deloitte - Recruitment. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Insurance Senior Manager (PV11 / Legal Entity Structuring) in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Deloitte - Recruitment.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Deloitte - Recruitment. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Deloitte - Recruitment
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Deloitte - Recruitment to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Deloitte - Recruitment, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Deloitte - Recruitment's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
