At a Glance
- Tasks: Lead innovative actuarial projects and develop strategies for life insurance clients.
- Company: Join KPMG's ambitious Life Insurance Actuarial team.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to network globally and shape the future of insurance consulting.
- Why this job: Make a real impact in the insurance industry while growing your career.
- Qualifications: Significant experience in Life Insurance and exceptional people management skills.
The predicted salary is between 72000 - 108000 £ per year.
The Team
An opportunity has arisen for a Director to join KPMG's Life Insurance Actuarial team. The successful candidate will work on the origination and execution of engagements across Life Insurance. Clients will include direct writers and reinsurers both in the UK and across the world. This is an ideal opportunity for a talented candidate to join a growing and ambitious Insurance Consulting team as an insurance specialist. You will be a core member of the Actuarial leadership team, supporting the partner team with developing and delivering on KPMG, Insurance and Actuarial Strategy. This will include leading specific propositions and introducing new business as well as delivering the Actuarial aspects of wider Consulting engagements, for example, as part of deals, risk or finance transformation work and contributing to the development of our actuarial team through training and performance management.
The Role
- Generating and leading Actuarial projects
- Proposition development
- Supporting the wider Insurance practice in generating and delivering wider insurance consulting opportunities
- Leading the actuarial support for one or more insurance company audits
- Leading and supporting broader go to market activities with other KPMG insurance teams, e.g. Deals, Risk and Regulatory and Finance Transformation
- Performance management and development of more junior members of the Life actuarial team
As part of this role, you will be expected to introduce new business into KPMG individually and collaboratively. You will be expected to build and maintain a network of potential clients and introduce other KPMG SMEs into that network as appropriate. You will be responsible for ensuring compliance with KPMG's risk and quality processes and any applicable professional or regulatory requirements.
The Person
Candidates will need to have significant experience in Life Insurance for either a Consultancy, an insurer or reinsurer. To be considered, candidates will also require:
- Experience of presenting complex technical information in board level meetings
- Exceptional people management skills with experience of leading and developing teams
- A track record of developing and managing improvements or business propositions from first idea through to full implementation
It would be advantageous for candidates to have gained Consulting experience, but this is not essential. Ideally candidates will be a Fellow of the Institute and Faculty of Actuaries, or equivalent.
Actuarial Director - Life employer: KPMG United Kingdom
KPMG is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. As part of the Life Insurance Actuarial team, you will benefit from extensive professional development opportunities, a supportive culture that values your contributions, and the chance to work with a diverse range of clients globally. Located in the heart of the UK, KPMG provides a unique platform for career growth while fostering a strong sense of community among its employees.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Director - Life
✨Network Like a Pro
Get out there and connect with industry professionals! Attend events, webinars, or even local meetups. Building relationships can open doors to opportunities that aren’t even advertised.
✨Showcase Your Expertise
When you get the chance to chat with potential employers, don’t hold back! Share your insights on current trends in Life Insurance and how you can add value to their team. Confidence is key!
✨Tailor Your Approach
Every company is different, so make sure you tailor your pitch to KPMG’s values and goals. Highlight your experience in leading actuarial projects and how you can contribute to their ambitious strategy.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Actuarial Director - Life
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Actuarial Director role. Highlight your experience in Life Insurance and any relevant projects you've led. 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 the perfect fit for our team. Share specific examples of your achievements in actuarial projects and how you can contribute to our ambitious goals.
Showcase Your Leadership Skills:Since this role involves leading teams, make sure to highlight your people management experience. We love to see how you've developed others and driven improvements in past roles—so don’t hold back!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you’re considered for the role. Let’s get started on this journey together!
How to prepare for a job interview at KPMG United Kingdom
✨Know Your Actuarial Stuff
Make sure you brush up on your technical knowledge related to life insurance and actuarial practices. Be ready to discuss complex topics and demonstrate your expertise, as you'll likely be asked to present this information in a clear and concise manner.
✨Showcase Your Leadership Skills
Since the role involves managing teams and developing junior members, prepare examples of how you've successfully led teams in the past. Think about specific situations where you’ve motivated others or implemented improvements, and be ready to share these stories.
✨Network Like a Pro
KPMG values building relationships, so think about how you can demonstrate your networking skills. Prepare to discuss how you've previously developed client relationships and introduced new business opportunities, as this will be crucial for the role.
✨Understand KPMG's Strategy
Familiarise yourself with KPMG's Insurance and Actuarial Strategy. Being able to discuss how your experience aligns with their goals will show that you're not just a fit for the role, but also for the company culture and direction.
