Actuarial - Consultant/Senior Consultant (P&C/Non-Life)

Actuarial | Consulting | Actuarial & Insurance Solutions
Bermuda
At Deloitte, we believe in the power of curiosity, a sense of purpose, and a growth mindset. We are committed to providing a supportive culture rooted in our shared values and driven by our purpose to make an impact that matters. Join us and be part of a vibrant, forward-thinking community that values inclusion, collaboration, and continuous learning while enjoying an island lifestyle!

Why Bermuda?
Bermuda has distinguished itself as a leading financial services market, known for international business, the insurance sector, and a significant number of asset management companies. It’s home to beautiful beaches, a variety of water sports, and warm temperatures year-round.  Bermuda is a great option for those wanting a short commute and laid-back island lifestyle. You can travel with ease given Bermuda’s proximity to the US, Canada, and direct flights to the UK. You will also benefit from living in a low-tax jurisdiction. We offer relocation packages for international candidates.

We offer successful candidates an 18 to 24-month contract and provide relocation support for international candidates. 

Learn more about what working at Deloitte Bermuda can mean for you and check us out on social media. 

What will your typical day look like?
As a Consultant, you contribute to a wide range of actuarial projects and actuarial consulting engagements by performing data analysis and assisting with the development of models, recommendations, reports and presentations. You are energized by the opportunity to apply your knowledge and develop solutions for clients, while pursuing your actuarial designation. You can expect to: 

  • Contribute to the team's success by performing data analysis, modeling and valuation, report preparation and participating in client meetings.
  • Learn and leverage new tools and technologies.
  • Build your analytical, problem-solving, and communication skills, and much more.
  • Engage in well-being and sustainability initiatives, a variety of social and community events, and other programs aligned with Deloitte's Shared Values.  

As a Senior Consultant, you lead actuarial teams and engagements, including research, modelling and analysis. You consult with clients to understand their business and industry and provide actuarial solutions. Continuous learning and development will be a part of this role as you gain exposure to different businesses and complex challenges. You can expect to:
  • Perform and oversee data analysis, lead the development of modeling and valuation, and recommend and participate in developing project plans and client solutions.
  • Leverage new tools and technologies.
  • Develop and mentor junior audit team members.
  • Engage in well-being and sustainability initiatives, a variety of social and community events, and other programs aligned with Deloitte's Shared Values.  

About the team 
We provide a robust consulting service with both traditional and non-traditional service offerings to assist insurers, reinsurers, captives, pension schemes, banks and non-financial related entities. Our actuaries regularly partner with actuaries globally on cross-border engagements as well as professionals in accounting and other specialist service lines. This enables us to provide a breadth of expertise and tackle problems not possible in most other actuarial consulting firms.

As part of the Property and Casualty (P&C) team within AIS, you will have opportunities to work with a variety of non-life insurers on a range of projects including reserving, capital modeling, catastrophe bonds, and IFRS 17. As well as traditional General Insurance companies, you will be working closely with different types of reinsurance vehicles and captive insurance companies.

We have a proven track record in developing robust and practical solutions to a variety of actuarial and risk challenges. We support our employees in their learning and professional development which includes a study program for employees pursuing a professional actuarial designation. Learn more about Deloitte Actuarial & Insurance Solutions.

You are someone with:

Consultant
  • Bachelor’s degree; preferably in a related field, or equivalent qualification (i.e., ACCA).
  • Demonstrated success towards actuarial exams (Fellow of the Society of Actuaries, Casualty Actuarial Society, Institute of Actuaries or equivalent). 
  • Minimum of 1 year relevant or related actuarial experience. 
  • Experience with technical actuarial techniques in pricing and reserving.

Senior Consultant
  • Bachelor’s degree; preferably in a related field, or equivalent qualification (i.e., ACCA).
  • Working towards Fellow of Casualty Actuarial Society, Institute of Actuaries or equivalent.
  • At least 2-3 years’ progressive experience in actuarial services, preferably within consulting.
  • Experience with technical actuarial techniques in reserving.
  • Experience working as actuarial specialist on audit engagements is an asset.

Why Deloitte?
 
Innovative Culture: Embrace a tech-forward approach and a culture that promotes well-being, learning, and development. 
Career Progression: Experience transparent performance management and career growth opportunities. 
Flexibility: Work flexibly within our hybrid working model. 
Global Mobility: Participate in opportunities for mobility across projects, businesses, and borders. 
Sustainability Focus: Get involved in driving sustainability within our communities through various initiatives within Deloitte WorldClass and WorldClimate. 
Inclusivity: Everyone at Deloitte has equal opportunity to grow, develop, succeed and be their truest selves. Comprehensive Benefits: Benefit from a competitive total compensation and rewards package, including well-being subsidies, paid leave, and YouTime. 

We know we’re at our best when we look out for one another; prioritize respect, fairness, development, and well-being; foster an inclusive culture and embrace diversity in all forms. All qualified applicants will receive consideration for employment regardless of their background, experience, ability or thinking style; and if you need assistance or an accommodation during the application process for accessibility reasons this is available upon request. The preferred candidate will be subject to background screening by Deloitte.
Job ID
221497