Deloitte US

FSI Insurance Senior Consultant

Our practitioners have the opportunity to engage a diverse and challenging portfolio of projects which include the design and implementation of business strategies and product offerings, operating models or structural change management, technology and process transformations, compliance and regulatory assessments, and compliance readiness initiatives. The industry knowledge and experience which candidates bring will be critical to the success of our clients.

Summary:

We are seeking a highly motivated and experienced regulatory compliance Insurance professional to join our elite team. This role will be responsible for providing expert advice and analysis on all aspects of our insurance program (Life/Annuity and/or P&C/Specialty) as well as broker-dealer functions, with a particular focus on compliance and regulatory issues. 

As a Senior Consultant you will have opportunities to:

• Analyze and interpret insurance compliance programs.
• Assess company policies to determine discrepancies with current insurance regulations.
• Prepare and conduct compliance risk assessments in accordance with regulatory requirements.
• Evaluate company practices and employee behaviors to determine insurance compliance risks.
• Propose recommendations to align with regulatory requirements, expectations, and industry practices and to reduce or eliminate insurance compliance risks.
• Assist clients develop/enhance Compliance Policies and Procedures to meet regulatory requirements.
• Work collaboratively with client stakeholders, including compliance, risk management, business operations, field associates, internal audit, and external auditors.

Required Qualifications:

• Bachelor's degree in Business, Accounting, Finance, Insurance, Actuarial or a related field.
• Minimum of 4 years of experience in insurance, broker-dealer, and/or investment advisor compliance.  Compliance inspection or supervisory experience is preferred.

• Strong understanding of insurance and/or FINRA/SEC regulatory requirements.
• Stay abreast of current developments in insurance and broker-dealer regulatory changes.
• Possess strong investigation and research skills to stay abreast of current developments in insurance and broker-dealer regulatory changes.
• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Excellent communication, active listening, and interpersonal skills.
• Proficiency in MS Office Suite (Excel, Word, PowerPoint).
• Ability to travel up to 50%.
• Must be legally authorized to work in the United States without the need for employer sponsorship, now or any time in the future

Information for applicants with a need for accommodation: https://www2.deloitte.com/us/en/pages/careers/articles/join-deloitte-assistance-for-disabled-applicants.html

About Deloitte Risk and Financial Advisory

Deloitte Risk and Financial Advisory provides industry-leading expertise, professional advisory services, and technology solutions to a range of clients. Our cross-functional Financial Services industry group comprises more than 2,500 partners, managers, and staff and provides a broad spectrum of services to address the operational, technological, regulatory, and risk management challenges faced by financial services clients across sectors, including banking, capital markets, retail wealth management, investment management, and insurance. The unique strength of Deloitte lies in our ability to address industry issues by aligning the breadth of our capabilities to offer comprehensive solutions to our clients. We are a recognized leader in helping our clients solve complex business problems and in providing professional services to the financial services industry.

• Deloitte’s Insurance Advisory Practice: Our Insurance Advisory Practice assists companies with managing complex risks, including regulatory, operational, and technology issues. Our practitioners assist clients in the design, implementation, and assessment of business and compliance operating models with particular focus on enhancing the overall efficiency, effectiveness, and impact of clients’ strategy and operations by leveraging technology and analytics.
• Deloitte’s Investment Management Advisory Practice: Our Investment Management Advisory Practice is a global leader in providing professional services to the asset and investment management industries. We provide a wide spectrum of advisory and consulting services to our clients to address a range of critical issues brought on by regulatory changes, competition, globalization, advances in technology, and the changing demands of their customer base. Our clients include the world’s leading independent asset managers, diversified financial institutions, mutual funds, private fund advisers (hedge funds and private equity funds), fund administrators, transfer agents, pension funds, and fund of funds.
• Deloitte’s Wealth Management Advisory Practice: Our Wealth Management Advisory Practice combines a cross-functional group of practitioners to provide a suite of operational, technology, and regulatory offerings and expertise to serve the spectrum of wealth management clients, including retail broker-dealers, retail and private banks, investment advisers, trust and insurance companies, and financial intermediary service providers, in the design, configuration, and implementation of their business models, risk management and compliance programs, and technology platforms. Our wealth management clients provide direct-to-consumer investment advice and management, financial planning, asset protection, risk transfer services, customized securities-backed credit and lending, and tax services to individuals and families (e.g., retail investors, qualified plan participants, high-net worth clients).
• Deloitte’s Banking and Capital Markets Advisory Practice: Our Banking and Capital Markets Advisory Practice works with clients to address a range of critical issues brought on by regulatory changes, competition, globalization, advances in technology, and the changing demands of their customers. We provide a wide spectrum of advisory and consulting services to our clients, who include the world’s leading banks and depositories, institutional broker-dealers, securities exchanges and industry utilities, clearing houses, custodians, and companies in commodities-driven businesses.

For individuals assigned and/or hired to work in Jersey City, New York City Deloitte is required by law to include a reasonable estimate of the compensation range for this role. This compensation range is specific to Jersey City, New York City, and takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $88,564 to $170,913.