Actuarial Consultant - Financial Institution Services Team (FIST)

  • Full-time
  • Service Line: Audit & Assurance

Company Description

About Deloitte

Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services. Our global network of member firms and related entities in more than 150 countries and territories (collectively, the “Deloitte organization”) serves four out of five Fortune Global 500® companies. Learn how Deloitte’s approximately 345,000 people make an impact that matters at www2.deloitte.com.

Deloitte is dedicated to providing value added solutions to our clients. We take pride in our reputation for providing a globally consistent quality service, an integrated approach and world-class expertise. Deloitte is renowned for its innovative and collaborative culture, where talented people work closely with like-minded individuals to achieve collective success.

Deloitte East Africa provides seamless cross-border services to multinationals, large national enterprises, small and medium sized enterprises and the public sector, across three (3) countries in the region: Kenya, Uganda and Tanzania.

A career with Deloitte offers you the opportunity to engage with and work alongside leading corporations within the East African region, and an opportunity to start and grow your career within a dynamic and rewarding environment. You will get the support, coaching and training needed to advance your career in Kenya and within the East Africa market.

What impact will you make?

At Deloitte we have a clear purpose, to make an impact that matters to our clients, our colleagues and our communities while you thrive in a dynamic culture of inclusion, collaboration and high performance. From professional development to leadership opportunities and career advancement, we empower our people to be their very best - because that’s how you make an impact.

About the Department

Deloitte’s Audit service offering utilizes a comprehensive methodology designed to bring our extensive professional and technical resources to audit engagements in an efficient, and cost-effective manner. In our audit process, we combine a rigorous risk and needs analysis, diagnostic processes, and a client service assessment structured to provide our clients with a superior audit clearly focused on them. The Financial Institution Services Team provides a complete range of audit, actuarial and specialist advisory services to leading organisations in the banking, insurance, securities and funds industries.

We currently have an exciting opportunity for a dynamic individual to join our Financial Institution Services Team - Actuarial as an Actuarial Consultant. This position will be based in our Nairobi office in Kenya.

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 an array of clients in life/general insurance and the wider fields such as banking;
  • Develop a thorough understanding of International Financial Reporting Standards (IFRS) 17, and support implementation projects for our clients;
  • Support the development of project proposals and thought leadership initiatives;
  • Share expertise and knowledge with team members on an ongoing basis;
  • Provide actuarial models capacity building and analytical solutions for clients; and
  • Perform actuarial valuations for life insurance and/or general insurance.

Qualifications

  • A Bachelors Degree in Actuarial Science.
  • At least 3 years of experience in a similar role.
  • 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

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. 

Leadership Capabilities

Living our Purpose - Builds own understanding of our purpose and values; explores opportunities for impact.

Influence - Actively focuses on developing effective communication and relationship-building skills.

Performance drive - Understands expectations and demonstrates personal accountability for keeping performance on track.

Strategic direction - Understands how their daily work contributes to the priorities of the team and the business.

Talent development - Demonstrates strong commitment to personal learning and development; acts as a brand ambassador to help attract top talent.

Why Deloitte?  

At Deloitte, our professional development plan focuses on helping people at every level of their career to identify and use their strengths to do their best work every day. From entry-level employees to senior leaders, we believe there is always room to learn. We offer opportunities to help build world-class skills in addition to hands-on experience in the global, fast-changing business world.

Deloitte opens the door to a career that can cross borders virtually and physically across the African continent and globally to gain experience and access projects beyond our borders. We value difference, and embrace people with diverse backgrounds, experiences, abilities and thinking styles.

Our purpose

Deloitte is led by a purpose: to make an impact that matters. Every day, Deloitte people are making a real impact in the places they live and work. We pride ourselves on doing not only what is good for clients, but also what is good for our people and the communities in which we live and work—always striving to be an organization that is held up as a role model of quality, integrity, and positive change. Learn more about Deloitte’s impact on the world. #Makinganimpactthatmatters

Recruiter Tips

We want job seekers exploring opportunities at Deloitte to feel prepared and confident. To help you with your interview, we suggest that you do research to know some background about our firm and the business area you are applying to.

If you meet the above requirements, please visit our website and apply online: Deloitte East Africa Careers portal

Your details will be treated with confidentiality and will not be shared with any third party.

Closing date: 22 April 2022.

We are an equal opportunity employer and do not ask individuals to pay any fees or money as part of the recruitment process. Women and Persons with Disabilities are encouraged to apply.

Hybrid & Vaccination policy

Deloitte Africa has successfully launched the Hybrid Working model. Aligned with this model is our commitment to maintain an environment for personnel, clients and visitors that is safe and, as far as reasonably practicable, free from health risks.

Medical evidence provides overwhelming and empirical evidence that vaccination is currently the most effective means of preventing the spread of COVID-19 and reducing the likelihood of serious illness, death, transmissions and infections. More information about our vaccination policy will be discussed during the recruitment process for this position. 

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