Jobs · Virginia

Life Actuary Consultant

Deloitte · McLean, VA · Today
Hybrid$100k–$198k/yrFull-time

Work you'll do

  • Advising life insurance and annuity clients on actuarial modernization, business transformation, and analytical initiatives.
  • Monitor life insurance and annuity product, market, and regulatory developments to anticipate client needs and inform solution design.
  • Redesign and modernize business functions including underwriting, new business, product development, financial reporting, modeling, and adjacent actuarial processes.
  • Support the deployment of tools, technologies, data sources, and analytics to improve stakeholder experience, reduce cost, and generate actionable insights.
  • Contribute to the design and deployment of proprietary models, algorithms, data sets, and other project accelerators in a consulting environment.
  • Collaborate with cross-functional teams and senior leaders to support solution development, sales efforts, actuarial assurance activities, and practice development initiatives.

Qualifications

  • Bachelor's degree
  • 2+ years of actuarial experience supporting life insurance or annuity products
  • Successful completion of 2 actuarial exams
  • 2+ years of experience in product development, including product design, pricing, filing, and implementation across one or more distribution channels
  • 2+ years of experience developing experience studies for life actuarial assumptions including lapse, mortality, and expense assumptions
  • 2+ years of experience in assumption setting for pricing, forecasting, financial reporting, or embedded value applications
  • 2+ years of experience building actuarial projection models for pricing, financial planning, asset liability management, or financial reporting
  • 2+ years of experience in financial reporting using statutory, United States Generally Accepted Accounting Principles, International Financial Reporting Standards, or tax accounting methodologies
  • 1+ years of experience supporting mergers and acquisitions, including purchase accounting

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