Actuarial Consultant at Deloitte Consulting

Job Description

Main purpose of the job

• The successful candidate will support the Actuarial and Audit function by providing actuarial services to assigned clients spanning across banking, insurance, securities and funds industries.

What you will do

• Provide actuarial advisory and audit services to clients in life and general insurance, as well as the banking sector.
• Perform actuarial valuations, technical reserve reviews, and model validation for clients.
• Conduct data analysis and modelling using tools such as Excel, SQL, R, Python, and actuarial software (e.g. Prophet).
• Support and contribute to IFRS 17 implementation and other regulatory projects, helping clients meet evolving compliance requirements.
• Participate in insurance company valuations and due diligence projects, providing actuarial insights to support business decisions.
• Develop project proposals and contribute to thought leadership initiatives within the team.
• Build capacity and deliver analytical solutions for clients, including actuarial model development.
• Collaborate with senior colleagues and cross-functional teams, while also managing independent analytical tasks.
• Share expertise and knowledge with team members, fostering continuous learning and development.
• Engage with clients through meetings and presentations, building an understanding of their business needs and communicating findings effectively.
• Gain exposure to a wide range of actuarial projects across different products, markets, and regulatory environments.

Qualifications

• A Bachelors Degree in Actuarial Science.
• At least 3 years of progressive actuarial experience.
• At least 3 professional exams from either SOA, IFOA or any other recognized actuarial body.
• Exposure and experience in International Financial Reporting Standards (IFRS) 17 implementations will be an added advantage.
• Well-developed actuarial programming skills (VBA, R and/ or Prophet will be an added advantage.
• Open to local and international assignments.

Behavioural competencies

• Good communication skills, both written and verbal.
• Ability to adapt quickly and learn new concepts.
• Interpersonal and relationship building skills.
• Desire to develop self.
• Client delivery focus.
• Focus on quality.
• Problem solving ability.

Technical Competencies

• Sound technical knowledge in the actuarial field.
• Good consulting skills.
• Experience in drafting of professional presentations and reports.
• Financial knowledge and understanding.
• Proficient in MS Office suite.
• Sound business acumen.
• Good communication skills, report writing and presentation skills
• Highly motivated, with a proven ability to work on own initiative within a challenging and dynamic work environment.