P&C Actuary Consultant

P&C Actuary Consultant

21 Sep 2024
Maryland, Baltimore, 21240 Baltimore USA

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.Recruiting for this role ends on 10/30/2024.Work you'll doAs 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 teamOrganization TransformationThe 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.QualificationsRequired:

Bachelor's degree

2+ years of property and casualty actuary experience

Successfully passed 2 actuarial exams

Knowledge of loss reserving methods

Limited immigration sponsorship may be available

Ability to travel up to 50% on average, based on the work you do and the clients and industries/sectors you serve

Preferred:

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

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.htmlPossible Locations: Atlanta, Austin, Baltimore, Birmingham, Boca Raton, Boise, Boston, Charlotte, Chicago, Cincinnati, Cleveland, Columbus, Costa Mesa, Dallas, Davenport, Dayton, Denver, Des Moines, Detroit, Fort Worth, Fresno, Grand Rapids, Harrisburg, Hartford, Houston, Indianapolis, Jacksonville, Jersey City, Kansas City, Las Vegas, Los Angeles, Louisville, McLean, Memphis, Miami, Midland, Minneapolis, Morristown, Nashville, New Orleans, New York, Philadelphia, Pittsburgh, Portland, Princeton, Raleigh, Richmond, Rochester, Rosslyn, Sacramento, Salt Lake City, San Diego, San Francisco, San Jose, Seattle, St. Louis, Stamford, Tampa, Tempe, Tulsa, Washington DCThe 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 $88,800 to $148,000.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#HC25 #OT25 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.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.

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