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