At a Glance
- Tasks: Lead and deliver innovative Risk and Capital projects for top clients.
- Company: Join Deloitte's dynamic Actuarial Insurance practice, a leader in the industry.
- Benefits: Enjoy a competitive salary, hybrid work options, and professional growth opportunities.
- Other info: Collaborate globally and support talent development in a vibrant work environment.
- Why this job: Make a real impact in the insurance sector while developing your leadership skills.
- Qualifications: Experience in Non-Life Risk and Capital, with strong communication and team management skills.
The predicted salary is between 70000 - 90000 £ per year.
Join Deloitte's leading Actuarial Insurance practice as a Senior Manager/Associate Director, responsible for building and delivering Deloitte’s Risk and Capital offerings.
Responsibilities
- Building out and delivering Deloitte’s offerings across Risk and Capital.
- Managing 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, attending meetings and working on client sites.
- Working with a range of Deloitte’s technology and vendor alliances and other business relationships.
- Taking a role in supporting business development (for example assisting with client proposals).
- Working with senior leadership to take accountability for a sub‑area of our practice management roles, for example within brand, eminence, proposition development, operational excellence.
Key Services
Providing Risk and Capital support to clients, which could include:
- Advising on the design, build and maintenance of capital models used to calculate Solvency Capital Requirement (SCR).
- Running, and maintaining capital models and reporting outputs.
- Carrying out Internal Model Validation.
- Supporting Major Model Change applications to the regulator.
- Reviewing and carrying out Standard Formula calculations of SCR.
In addition to capital related projects, you may also be involved in:
- Reserving (GAAP, Lloyd’s & London Market, Solvency II technical provisions, audit support).
- Mergers & Acquisitions transaction advisory.
- Other expert and advisory work.
- Finance, Reserving, IFRS 17 and Business Partnering transformation.
- Underwriting & Pricing Transformation.
Desired Skills and Experience
Highly Desirable
- Experience across Non‑Life Risk and Capital with one or more of the following specialisms: Internal model validation; or Capital modelling (modelling, parameterisation, reporting, and documentation).
- Knowledge of Solvency II regulatory requirements.
- 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 projects successfully.
- Self‑starting; able to build rapport and relationships.
- Experience of talent development (e.g. performance management for junior team members, mentorship or coaching of individuals).
- Clear communication skills.
- Experience in leadership and team management roles.
- The ability to work in global team environments.
- Understanding of market best practice and regulation, for example Lloyd’s capital principles.
Desirable
- Knowledge of capital modelling software (ReMetrica or Tyche preferred).
- Qualified or part‑qualified with an Actuarial Professional body.
Location and Work Arrangement
This role is based in London with a hybrid working policy allowing you to work in your local office, client sites, or remotely as required.
Associate Director, Non-Life Actuarial - Risk and Capital, Human Capital employer: Hm Revenue & Customs (Hmrc)
Deloitte offers an exceptional work environment for the Associate Director, Non-Life Actuarial role, characterised by a strong commitment to employee development and a collaborative culture. With access to cutting-edge technology and a diverse range of projects, employees are empowered to grow their skills while contributing to impactful client solutions. The London office provides a vibrant setting with flexible hybrid working arrangements, ensuring a healthy work-life balance and fostering innovation.
Contact Details:
Hm Revenue & Customs (Hmrc) Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Associate Director, Non-Life Actuarial - Risk and Capital, Human Capital
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field, especially those at Deloitte. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Solvency II and capital modelling. We want you to showcase your expertise and how it applies to real-world scenarios during those crucial conversations.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your enthusiasm for the role. It keeps you fresh in their minds!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, you’ll find all the latest opportunities tailored to your skills and experience.
We think you need these skills to ace Associate Director, Non-Life Actuarial - Risk and Capital, Human Capital
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Associate Director, Non-Life Actuarial. Highlight your experience in Risk and Capital, and don’t forget to mention any relevant projects you've managed or contributed to.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for Deloitte's Actuarial Insurance practice. Be specific about your skills in capital modelling and team management.
Showcase Your Leadership Skills:Since this role involves managing teams, make sure to highlight your leadership experience. Share examples of how you've developed talent or led projects successfully in the past.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way to ensure your application gets the attention it deserves!
How to prepare for a job interview at Hm Revenue & Customs (Hmrc)
✨Know Your Stuff
Make sure you brush up on your knowledge of Non-Life Risk and Capital, especially around Solvency II regulatory requirements. Be ready to discuss your experience with capital modelling and internal model validation, as these are key areas for the role.
✨Showcase Your Leadership Skills
Since this position involves managing teams and mentoring junior staff, prepare examples that highlight your leadership experience. Think about times when you've successfully guided a team or handled performance management.
✨Be Client-Focused
Deloitte values client relationships, so be prepared to discuss how you've managed client projects in the past. Share specific instances where you dealt with client queries or escalated issues effectively.
✨Demonstrate Your Business Acumen
This role requires a strong understanding of market best practices and regulations. Prepare to talk about how you've applied your knowledge in practical situations, particularly in business development or project delivery.
