Jobs · Finance · Virginia

Life Actuary Senior Consultant

Deloitte · Richmond, VA · 2 wk ago
HybridFinance$128k–$253k/yrFull-time

Recruiting for this role

Recruiting for this role ends on 08/01/2026.

Work you'll do

  • 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

A successful candidate would possess these skills

  • Ability to work independently and collaborate as part of a team
  • Effective written and verbal communication skills
  • Meticulous attention to detail and quality of work product
  • Ability to build and sustain professional relationships
  • Ability to lead projects or workstreams
  • Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment
  • Strong interpersonal skills and professional demeanor
  • Ability to meet deadlines
  • Ability to provide clear guidance to others

The team

The team is part of Insights, Innovation, & Operate, which is designed to enhance key aspects of our clients' businesses by leveraging cutting-edge technology, data, and a blend of deep technical and human expertise. We innovate and deliver creative, industry-specific solutions that streamline operations and accelerate speed-to-value.

Qualifications

  • Required:
    • Bachelor's degree
    • 4+ years of actuarial experience supporting life insurance or annuity products
    • Successful completion of 4 actuarial exams
    • Ability to travel 50%, on average, based on the work you do and the clients and industries/sectors you serve
    • Limited immigration sponsorship may be available
  • PREFERRED:
    • 4+ years of experience in product development, including product design, pricing, filing, and implementation across one or more distribution channels
    • 4+ years of experience developing experience studies for life actuarial assumptions including lapse, mortality, and expense assumptions
    • 4+ years of experience in assumption setting for pricing, forecasting, financial reporting, or embedded value applications
    • 4+ years of experience building actuarial projection models for pricing, financial planning, asset liability management, or financial reporting
    • 4+ years of experience in financial reporting using statutory, United States Generally Accepted Accounting Principles, International Financial Reporting Standards, or tax accounting methodologies
    • 2+ years of experience supporting mergers and acquisitions, including purchase accounting

Compensation

A reasonable estimate of the current range is $128,000 - $252,500.

Inclusive Culture

Our inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively. It enables us to leverage different ways of thinking, ideas, and perspectives, and bring more creativity and innovation to help solve our clients' most complex challenges. This makes Deloitte one of the most rewarding places to work.

Recruiting Tips

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About the Role

Our Human Capital practice is at the forefront of transforming the nature of work. As converging forces reshape industries, our team uniquely addresses the complexities of work, workforce, and workplace dynamics. We leverage sector-specific insights and cross-domain perspectives to help organizations tackle their most challenging workforce issues and align talent strategies with their strategic visions. Our practice is renowned for making work better for humans and humans better at work. Be part of this exciting era of change and join us on this transformative journey.

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