Senior Manager/Assistant Director, Insurance Legal Entity Structuring, Strategy Risk & Transact ...

Overview

The Insurance Legal Entity Structuring team forms part of Deloitte's Strategy, Risk & Transactions Advisory Practice and is a centre of excellence for Insurance regulation and the design and implementation of insurers' target legal entity structures. Using this expertise we support firms with:

• Merging and setting-up new insurance carriers and branches in the UK and Europe in accordance with regulatory requirements and expectations
• Leading insurance PVII transfers and cross-border mergers (including regulatory engagement and detailed planning)
• Drafting regulatory business plans and developing target operating models to ensure Day 1 readiness
• Aligning insurers' legal entity structures with their strategic objectives to reduce unnecessary cost, create capital and operational efficiencies, generate synergies and streamline governance arrangements
• End-to-end programme management and leadership to successfully implement insurers' target state structures, including the co ordination of subject matter experts (e.g. Tax, Technology & Data, Regulatory, Legal, People, Actuarial, Accounting) and project teams across multiple jurisdictions

Responsibilities

• Experience of successfully achieving regulatory licenses, permissions and/ VoPs for insurance firms and setting up new regulated insurance entities
• Corporate re organisations in the insurance sector, such as merging entities, establishing holding companies and business transfers
• Involvement in mergers and acquisitions from a regulatory perspective including regulatory due diligence, drafting regulatory business plans, legal entity structuring and Day 1 planning
• Programme leadership and detailed planning to support smooth execution of the target state structure
• Managing and leading multi disciplinary and cross jurisdictional teams

Key Accountability Areas

• Lead client projects by managing client relationships, developing the scope and engagement plan, managing team members, setting up and monitoring engagement financials and overseeing the production of high-quality deliverables
• Work with a range of client stakeholders, being seen as a subject matter expert within client organisations and by colleagues
• Have, and further develop and maintain deep industry relationships and knowledge
• Contribute to the development and growth of the practice by sharing and capturing knowledge, setting an example to others through collaboration and helping team members to develop through training and talent initiatives
• Lead and co ordinate internal practice development activities by participating in our business proposition, driving methodologies and developing points of view
• Establish and build a network of contacts across Deloitte and peer networks within our clients' businesses
• Lead and develop proposals for new client opportunities and have an integral role in industry and insurance account initiatives

Qualifications

• Previous advisory, consulting, regulatory or internal project or programme experience in insurance
• A strong understanding of the insurance industry and the ability to identify associated risks and effective mitigants to typical insurance issues and challenges
• Solid understanding of the regulatory environment and the core principles of risk management and governance for insurers
• Demonstrable strong core project management skills, ability to prepare impactful presentation materials, ability to interpret and analyse large data sets, ability to manage bids/ proposals/ business cases/ project financials
• Experience of working in multi disciplinary teams to deliver on high profile and complex transformation engagements in a fast paced project environment
• Strong attention to detail with the ability to deliver high-quality written deliverables and to manage a significant and demanding workload under pressure
• Ability to build strong relationships and work with senior stakeholders at and above Director level, both internally and externally
• The ability to communicate technical concepts clearly and concisely to non technical audiences, including the impact of regulatory change or communication of regulatory expectations
• Experience of developing junior staff and mentoring team members
• Ability to think creatively, generate innovative ideas, challenge the status quo and deliver effectively to ambitious requirements