USI-Consulting-HC-MCaaS-Actuarial Support-Manager

Same job available in 4 locations

Bengaluru, Karnataka, India

Gurugram, Haryana, India

Hyderabad, Telangana, India

Mumbai, Maharashtra, India

Back to search results
Back to search results

Position Summary

Human Capital

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.


HC-As-A-Service has six Market Offerings:

  • HC Research & Sensing
  • HC Operate
  • Expertise as a Service
  • Workforce Analytics as a service
  • Strategic communications

The HC Expertise as a Service offering focuses on providing services to our clients that require deep expertise such as Project Management skills, actuarial support, etc.

Deloitte is looking for candidates having experience in but not be limited to, preparation of product pricing, competitor research, benchmarking analyses, rate filing support and miscellaneous projects in lines of business.

Key job responsibilities (can be filled by multiple roles):

  1. Valuation & Financial Reporting:
    1. Reserve balances under GAAP, Statutory, and Tax
    2. Consolidate valuation results
    3. Statutory filings and exhibits
    4. Quarterly GAAP earnings review and memos
    5. Unlocking and assumption update quantifications
    6. Reconciliation of actuarial ledger accounts
    7. SOX and MAR controls (performance and sign-off)
    8. Audit and external stakeholder support
  2. ICALM (Modeling Services):
    1. Model conversions and enhancements
    2. Model testing and validation
    3. Model production
    4. Model governance (development controls/inventory, model documentation)
    5. Ad-hoc modeling support
    6. Actuarial valuation support (CFT, AAA, AOM prep)
    7. ALM (producing reports, analysis)
    8. Actuarial data support (data for modeling and experience studies)
    9. Emerging issues support (external stakeholders - rating agencies, regulators)
    10. Actuarial project management
  3. BU Analysis:
    1. Conduct experience studies and set actuarial assumptions
    2. GAAP earnings review (participation and explanation of results)
    3. Liability cash flow projections (model owners for budget and projections)
    4. Statutory forecasting
    5. Value of new business review
    6. Pricing oversight
    7. Support for reinsurance transactions
    8. Advisors to BU business leaders
  4. Reinsurance Operations:
    1. Reinsurance operation/data management
    2. Reinsurance settlement
    3. Reinsurer relations
    4. Reinsurance model management
  5. Product Development & Pricing:
    1. Rate setting
    2. Modeling
    3. Pricing and analytics
    4. Actuarial product governance
    5. Product support
    6. Product development process
    7. Marketing and distribution
    8. Coordinate with assumption setting

Experience: 10+ years relevant experience

 

Key Skills:

  • Proficiency in Microsoft Excel (formulas, data massaging), Word and Access
  • Data wrangling, analysis and reporting (Tableau or any reporting tool)
  • Analytical mindset, Strong mathematical aptitude
  • Strong quantitative skills and abilities, Statistical analysis of large data sets, understanding of Statistical terms
  • Testing and/or model validation experience
  • Business requirement document development
  • Recommends and implements process improvements
  • Data management (e.g. process, analysis, cleaning, testing)
  • Development or design of trends and analytics
  • Data Analytics tool - Excel, Excel VBA, Power BI, Tableau, Python, SQL, Google Cloud
  • Reinsurance knowledge
  • Cash flow modeling, analysis, and impact analysis
  • Experience study creation and analysis
  • Programming/ macros
Our purpose

Deloitte’s purpose is to make an impact that matters for our people, clients, and communities. At Deloitte, purpose is synonymous with how we work every day. It defines who we are. Our purpose comes through in our work with clients that enables impact and value in their organizations, as well as through our own investments, commitments, and actions across areas that help drive positive outcomes for our communities. 
Our people and 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 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.
Professional development

At Deloitte, professionals have the opportunity to work with some of the best and discover what works best for them. Here, we prioritize professional growth, offering diverse   learning and networking opportunities to help accelerate careers and enhance leadership skills. Our state-of-the-art DU: The Leadership Center in India, located in Hyderabad, represents a tangible symbol of our commitment to the holistic growth and development of our people. Explore DU: The Leadership Center in India.
Benefits to help you thrive

At Deloitte, we know that great people make a great organization. Our comprehensive rewards program helps us deliver a distinctly Deloitte experience that helps that empowers our professionals to thrive mentally, physically, and financially—and live their purpose. To support our professionals and their loved ones, we offer a broad range of benefits. Eligibility requirements may be based on role, tenure, type of employment and/ or other criteria. Learn more about what working at Deloitte can mean for you.
Recruiting tips

From developing a stand out resume to putting your best foot forward in the interview, we want you to feel prepared and confident as you explore opportunities at Deloitte. Check out recruiting tips from Deloitte recruiters.

Requisition code: 198617