Deloitte Property & Casualty Actuary Consultant in Chicago, Illinois
P&C Actuary Consultant
Deloitte Consulting s Human Capital practice is a leading global advisor and implementation partner working with companies, governments, and organizations around the world. Our goal is to improve our clients organizational results and impact by focusing on challenges at the intersection of business and people.
Work you ll do
As a Deloitte Consulting P&C Actuary 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
The Organization Transformation practice is about transforming the organization (and the benefits providers that serve them) to support its business strategy. This involves helping our clients move from where they are today to where they need to be in the future. It could include changing the organization s culture, modernizing specific functions, re-designing the organization structure, and will require a combination of change management actions to execute the transformation. To enable our success, it will be critical to use data and insights to inform better ways of working together.
Bachelor s degree
2 years of property and casualty actuary experience
Successfully passed 2 actuarial exams
Knowledge of loss reserving methods
Travel at least 80%. (While 80% of travel is a requirement of the role, due to COVID-19, non-essential travel has been suspended until further notice.)
BS in Actuarial Science or Mathematics related field
2 years of experience working in a consulting or insurance company environment
Experience managing small to medium sized teams
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
How you ll grow
At Deloitte, our professional development plan focuses on helping people at every level of their career to identify and use their strengths to do their best work every day. From entry-level employees to senior leaders, we believe there s always room to learn. We offer opportunities to help sharpen skills in addition to hands-on experience in the global, fast-changing business world. From on-the-job learning experiences to formal development programs at Deloitte University, our professionals have a variety of opportunities to continue to grow throughout their career. Explore Deloitte University, The Leadership Center. at https://zoomforth.com/s/deloitte/du#home
At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits. Learn more about what working at Deloitte can mean for you.
Deloitte s culture
Our positive and supportive culture encourages our people to do their best work every day. We celebrate individuals by recognizing their uniqueness and offering them the flexibility to make daily choices that can help them to be healthy, centered, confident, and aware. We offer well-being programs and are continuously looking for new ways to maintain a culture where our people excel and lead healthy, happy lives. Learn more about Life at Deloitte.
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