Actuarial and Insurance Solutions - Assistant Manager

  • Woodlands Dr, Woodmead, Sandton, South Africa
  • Full-time

Company Description

Main Purpose of Job

 To support leadership in delivery of services to / at client premises on delegated engagement / project. 

Job Description

Main Purpose of Job

 To support leadership in delivery of services to / at client premises on delegated engagement / project. 

What you’ll do / Specialized Competencies

·         Workflow planning & management

·         Drafting reports and presenting results

·         Aptitude for developing and managing teams

·         Engagement management (relationship to invoicing)

·         ASSA participation

·         Participate in strategic focus area initiatives

·         SAM/Solvency II, IFRS 4 and embedded value experience

·         Prophet modelling experience

·         Contributing to strategic discussions with sufficient understanding of the underlying principles of reserving, pricing or capital modelling and the broad trends of market and regulatory development

·         Assisting in organising internal and external training sessions and in managing available resources

·         Assisting in preparing and delivering proposals

·         Actively contribute to a wide range of client projects of a technical actuarial nature;

·         Manage small teams of junior actuarial trainees as part of a larger project, including performance management;

·         Coordinate with the colleagues in the UK to manage queries from clients and attend client meetings 

·         Contribute to practice management, for example mentoring less experienced colleagues and involvement in recruitment.

Key Competencies required:

1.     Strategic Impact

  • Supports the Senior Manager on delivery of designated engagement / project, managing the implementation of the agreed deliverables
  • Tracks outputs against Service Level Agreement and reports to Senior Manager on any unforeseen issues arising
  • Seeks to identify additional sales opportunities in client business
  • Assists in the preparation of proposals/tenders and presentations on request
  • Is a support resource in planning of sales presentations and client negotiation teams for new and retained business
  • Develops market network in business and builds relationships that generate leads
  • Builds relationships across Deloitte  service lines to understand broader offerings and seeks opportunities for cross-selling
  • Generates innovative solutions on projects / engagements in collaboration with team members to enhance / renew service offerings to client

2.     Client Impact: External / Internal

  • Manages day-to-day deliverables of team on   client engagements / projects
  • Proactively identifies client service and  technical issues and implements resolutions to address these
  • Develops productive working relationships with client teams
  • Builds network of relationships across Deloitte to understand other service line offerings and to market own functional area
  • Establishes and maintains good working  relationships with external clients across industries
  • Participates in thought leadership process and shares functional and industry knowledge and expertise with clients, colleagues and teams

3.     Operational Effectiveness

  • Leads  delivery of team based on the SLA and identifies and addresses any areas of concern in outputs
  • Manages engagement/project risk to ensure that the firm’s risk policies as well as risk to client confidentiality is aligned at all times
  • Consistently reviews and analyses standard and quality of team deliverables and implements changes as necessary
  • Meets regularly with client and client teams to understand issues, anticipate needs and address these
  • Keeps Senior Manager updated on status of engagement 
  • Communicates need for any changes in engagement / project plan to Senior Manager for discussion with Engagement sponsor / client
  • Provides ongoing communication to teams on status of engagement / project, changes, achievements, etc.
  • Drives Deloitte values of exceptional service to clients, growing the firm’s brand and talent development

4.     Development/Growth of Team

  • Shares expertise and knowledge with team members and counselees on an ongoing basis
  • Develops good working relationships with key talent in team
  • Monitors resource requirements for engagement and communicates to Senior Manager the need for increase / decrease in team headcount
  • Maintains own development and knowledge in specialised area

5.     Budgets / Profitability

  • Manages engagement budget through accurate budgeting, cost control and profitability management
  • Monitors that time and expenses on engagement are accurately recorded and submitted weekly
  • Manages WIP on engagement and ensures billings are timeously done and collections followed up

Qualifications

Qualifications & Experience required

Required

·         Actuarial Degree

·         3 years+ working experience

 Preferred

·         Nearly or fully qualified

Additional Information

Your role as a leader

 At Deloitte we believe in the importance of leadership at all levels. We expect our people to embrace and live our purpose by challenging themselves to identify issues that are most important for our clients, our people, and for society and make an impact that matters. In addition to living our purpose, Managers across our organization:

  • Develop high-performing people and teams through challenging and meaningful opportunities
  • Deliver exceptional client service; maximize results and drive high performance from people while fostering collaboration across businesses and borders
  • Influence clients, teams, and individuals positively, leading by example and establishing confident relationships with increasingly senior people
  • Understand key objectives for clients and Deloitte; align people to objectives and set priorities and direction

 Leadership / Behavioural Capabilities

  • Living our Purpose - Acts as a role model, embracing and living our purpose and values, and recognizing others for the impact they make
  • Influence - Influences clients, teams, and individuals positively, leading by example and establishing confident relationships with increasingly senior people
  • Performance drive - Delivers exceptional client service; maximizes results and drives high performance from people while fostering collaboration across businesses and borders
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