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Not Specified Permanent

Saint Paul, Minnesota · USA job

Life Actuary Consultant

Deloitte

Saint Paul, Minnesota

Job description

Overview

In this Actuarial Consultant role, you advise life insurance and annuity clients on modernization and analytics to modernize actuarial processes. You'll shape solutions by monitoring product and regulatory developments and contributing to model design and data-driven insights. You work with cross-functional teams to accelerate value, improve stakeholder experience, and support sales and practice development. This is a chance to influence risk, pricing, and reporting through innovative actuarial tools within a leading consulting practice.

Responsibilities
  • Advise clients on actuarial modernization, business transformation, and analytics initiatives
  • Monitor life insurance and annuity markets and regulations to inform solution design
  • Redesign underwriting, new business, product development, financial reporting, and actuarial processes
  • Support deployment of tools, data sources, and analytics to improve outcomes and reduce costs
  • Contribute to design and deployment of proprietary models, algorithms, and data sets
  • Collaborate with cross-functional teams and senior leaders to support solution development, sales, and practice initiatives
Key requirements
  • Bachelor's degree
  • 2+ years actuarial experience in life insurance or annuities
  • Successful completion of 2 actuarial exams
  • Ability to travel 50%
  • Limited immigration sponsorship may be available
  • Ability to work independently and in a team
  • Strong written and verbal communication
  • Meticulous attention to detail
  • Actuarial modeling and projection development
  • Experience studies for lapse, mortality, and expenses
  • Pricing, forecasting, financial reporting, or embedded value applications

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