Deloitte Hiring for Group & Long-term Care Actuary Consulting Manager (Multiple Locations) at Charlotte Full Time

Group and Long-term Care Actuary Consulting Manager

Deloitte Consulting’s actuarial practice is a leading advisor and implementation partner working with Group and Long-term Care insurance companies. Our goal is to improve our clients’ organizational results and impact by focusing on their critical business challenges leveraging actuarial skills.

Work you’ll do

As a Deloitte Consulting Group and Long-term Care (“LTC”) Actuary Manager in the Insurance practice of Deloitte’s actuarial group, you will assist Deloitte Senior Managers and Partners in providing strategic and technical consulting services to Group and LTC insurance carriers.

At Deloitte, you can be a part of the transformation of the Insurance sector. Deloitte’s Group and LTC actuaries participate in actuarial modernization, finance and underwriting transformation, mergers & acquisitions, strategy formulation, and operational review. Deloitte’s Group and LTC actuaries are involved in solutioning complex business problems impacting carriers’ people, processes, and technology.

Other responsibilities may include:

• Design and review of predictive modeling tools

• Identify strategies to reduce enterprise costs

• Review reserves and assumptions in support of Deloitte & Touche audits of insurance liabilities (incurred but not reported (IBNR), , active life reserves, disabled life reserves, etc.) across various accounting bases

• Prepare and present client presentations and reports

• Assist insurance carriers with the implementation of GAAP Long Duration Targeted Improvements accounting standard

• Assist insurance carriers on their finance or data modernization journey

• Assist insurance carriers to modernize their insurance product suite and underwriting capabilities

• Develop models to understand the financial impact of proposed solutions and strategies

• Conduct other Manager level actuarial consulting activities, as required

The team

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.

Qualifications

Required:

• Bachelor’s degree

• 6+ years of Group and/or LTC actuarial experience

• Successfully passed 5 actuarial exams

• Limited sponsorship

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

  Preferred:

• 6+ years of consulting and/or health plan/insurance company experience

• Experience managing staff and leading medium to large sized teams

• ASA with progression to FSA, FSA, or career ASA designation

• Experience with one or more of the following areas:

• Product design and/or product strategy

• Group insurance products including disability, group life, dental, supplemental health, LTC, etc.

• Mergers & acquisition experience including actuarial appraisal development

• GAAP Long Duration Targeted Improvements accounting standard

• Experience with major actuarial valuation and projection systems such as PolySystems, AXIS, Prophet, etc.

• Strong client presence with project management, presentation, and facilitation skills

• Ability to succeed in team-based or independent environments

• Well-organized with the ability to handle several projects/clients simultaneously

• Strong oral and written communication skills

• Ability to create and manage client relationships and develop business

• Dedicated work ethic with a commitment to client service excellence

  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.