Menu

P&C Actuary Senior Consultant

at Deloitte in Chicago, Illinois, United States

Job Description

P&C Actuary Senior Consultant

Human Capital

The Human Capital Offering Portfolio focuses on helping organizations manage and sustain their performance through their most important asset: their people. Centered on five core issues, this Portfolio signifies to the market that we see Human Capital as a topic critical to the C-Suite. As we go-to-market we will show our clients that we serve more than HR organizations – from the CEO to CFO, Risk Manager to Business Unit leader-and that we deliver on our issues and help create value for our clients.

Actuarial & Insurance Solutions

Deloitte’s Actuarial & Insurance Solutions practice works with finance, actuarial, and risk functions to help life insurance companies, property & casualty insurance companies, health plans, and healthcare providers modernize their operations and manage actuarial costs and risks. This involves helping our clients move from where they are today to where they need to be in the future. To enable our success, we use data and insights to inform better ways of managing risk.

With over 250 credentialed actuaries in the U.S., our A&IS practice is one of the largest in the world. We are recognized as a leader in providing comprehensive, high-quality actuarial consulting, advanced analytics, and risk management services to our clients.

Work you’ll do

As a Deloitte Consulting P&C Actuary Senior Consultant in the Insurance practice of Deloitte’s Human Capital group, you will provide technical and analytical support in a consulting environment.

The job functions include the following:

+ Client project engagements involving reserve analyses, including Statements of Actuarial Opinion, pricing, mergers and acquisitions, financial modeling, economic capital modeling, enterprise risk management, new product development, strategic planning, pricing strategy development, target market assessments, competitive assessments of coverage and rating, development of rating models and factors for new product development and product enhancements, profitability analysis and audit support.

+ Assistance in financial management of client engagements, project management through utilization of project management tools.

+ Oversight and project management of more junior actuaries and staff work streams.

+ Gathering and analyzing data, assisting in development of proposals and collateral marketing and sales materials, and knowledge management.

Required Qualifications:

+ Bachelor’s degree

+ 4+ years of property and casualty actuary experience

+ Successfully passed 4 actuarial exams

+ Limited immigration sponsorship may be available

+ Ability to travel 0-50%, on average, based on the work you do and the clients and industries/sectors you serve.

Preferred Qualifications:

+ Experience managing small sized teams

+ Knowledge of loss reserving methods

+ Proficiency using computer software such as Excel, Word, Access, and VBA

+ Strong analytical, written and verbal communication, and client management skills

+ Effective listening and questioning skills

+ Strong business ethics, ability to maintain independence and objectivity in client dealings

+ Demonstrated problem solving skills

+ Detailed exposure demonstrating competency with strong organizational skills and little supervision in the areas of:

+ Statutory/GAAP reporting, regulation, and compliance, Actuarial Standards of Practice

+ SAP, FASB, GASB and related accounting principles

+ Standard and advanced reserving methods

+ Pricing and cost allocation methods

+ Insurance/reinsurance company operations

+ Product development

+ Data sources/modeling

Information for applicants with a need for accommodation: https://www2.deloitte.com/us/en/pages/careers/articles/join-deloitte-assistance-for-disabled-applicants.html

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $113,000 to $189,000.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

For more information about Human Capital, visit our landing page at: https://www2.deloitte.com/us/en/pages/careers/articles/join-deloitte-human-capital-consulting-jobs.html

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law. To view full details and how to apply, please login or create a Job Seeker account
How to Apply Copy Link

Job Posting: JC260007169

Posted On: May 18, 2024

Updated On: Jun 19, 2024

Please Wait ...