The Human Capital Offering Portfolio focuses on helping organizations manage and sustain their performance through their most important asset: their people. Centered on five core issues, this Portfolio signifies to the market that we see Human Capital as a topic critical to the C-Suite. As we go-to-market we will show our clients that we serve more than HR organizations – from the CEO to CFO, Risk Manager to Business Unit leader—and that we deliver on our issues and help create value for our clients.
Position Summary
Level: Consultant /Senior Consultant
As a Senior Consultant at Deloitte Consulting, you will design, develop, and deploy enterprise-scale software solutions, lead the creation of robust pipelines and manage code deployment across environments. You will collaborate with cross-functional, global teams to translate functional requirements into effective deliverables, independently guiding and mentoring junior team members. Your role spans the full project lifecycle, including estimation, planning, execution, and tracking key metrics for analysis, ensuring high-quality and timely delivery of solutions.
Work you’ll do:
The Professional will support transformation and migration projects, consulting engagements and audit work by applying US GAAP, STAT, TAX, IFRS 17, and LDTI regulations. Additionally, the professional will utilize their modeling and technical skills to develop or modify actuarial tools that validate various financial cash flows and results generated by life insurance companies.
We will look to you to lead client engagement teams in Actuarial and Insurance Solutions (AIS) practice. The work may include one or more items from the list below (not exhaustive):
- Work on GGY/Moody’s Axis modelling projects
- Get involved in transformation/migration from one actuarial software to another
- Build/modify excel spreadsheets/actuarial software that project and validate the cashflows generated by models
- Acquire knowledge and remain well versed with US products and Regulations
- Apply US GAAP, STAT and TAX, IFRS17 and LDTI regulations to products for calculating reserves, and other cashflows
- Work on Prophet, GGY/Moody’s Axis, Polysystems or Moses actuarial models
- Interpret assumptions and experience studies results of insurance companies
- Lead current projects with minimal support from project managers
- Help in training, mentoring, and motivating junior staff
- Bridge the knowledge gap within the team and provide overall perspective
- Develop and maintain client/internal relationships.
Insights, Innovation & Operate offering 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.
Our actuarial consultants provide a full range of life insurance auditing and consulting services to clients. We help our clients combine data, processes, and technology to provide valuable business insights and ensure accurate financial and statutory reporting of their business results. Our team members work collaboratively and apply their specialized knowledge and experience to help clients navigate complex financial and statutory reporting concepts. We offer deep insights into their business practices and procedures and help them make more informed decisions to enhance their business’ efficiencies.
Qualifications
Must Have Skills/Project Experience/Certifications:
- 3- 9 years of hands-on experience in life insurance actuarial domain
- Excellent verbal and written communication skills
- Consulting mindset – must be willing to learn new skills and adapt to changing business environment
- Excellent problem solving and client service skills
- Proven project and people management capabilities
- Willingness and ability to travel to meet client needs
- Good understanding of cash-flow projection methodologies for life insurance products
- Good understanding of concepts, regulations and guidelines and application of it to multiple projects
- Strong Product knowledge is expected (specifically US products), with experience in Pricing, Valuation or Reporting.
- Experience in GGY/Moody’s AXIS Modelling will be preferred
- Candidates with modelling experience and software migration experience will be preferred
- Advance knowledge and experience in Actuarial software including AXIS, Prophet, Moses shall be critical factor for hiring
- Candidates with strong experience in Reinsurance valuation, modelling or reporting will be preferred
- Strong experience of US GAAP, US STAT or LDTI shall be preferred
- Strong US Product knowledge, specifically in FIA, is expected, with experience in Reserving, Valuation or Reporting
- Candidates are expected to possess strong life actuarial technical skills with a strong consulting mindset. Who could work with multiple clients and have extremely good communication skills
- Graduation/Post Graduation with mathematics/statistics or any subject with sizeable mathematical content
- Hyderabad/Bengaluru/Gurgaon