Insurance Director, Insurance Legal Entity Structuring, Strategy Risk & Transactions Advisory
Summary: The Insurance Director role within Deloitte's Insurance Legal Entity Structuring team focuses on providing strategic advisory services related to insurance regulation and the design of legal entity structures. This position involves leading projects for merging and establishing insurance carriers, ensuring compliance with regulatory requirements, and managing cross-border mergers. The role requires collaboration with various subject matter experts to implement target state structures effectively. The position is hybrid, requiring on-site presence in Central London two days a week, with a potential for permanent placement after 6 to 12 months.
Key Responsibilities:
- Support firms in merging and setting up new insurance carriers and branches in the UK and Europe.
- Lead insurance PVII transfers and cross-border mergers, including regulatory engagement.
- Draft regulatory business plans and develop target operating models for Day 1 readiness.
- Align insurers’ legal entity structures with strategic objectives to enhance efficiency.
- Manage end-to-end programme implementation, coordinating with subject matter experts across jurisdictions.
Key Skills:
- Experience in achieving regulatory licenses and setting up regulated insurance entities.
- Knowledge of corporate reorganisations in the insurance sector.
- Involvement in mergers and acquisitions from a regulatory perspective.
- Programme leadership and detailed planning skills.
- Ability to manage multi-disciplinary and cross-jurisdictional teams.
Salary (Rate): undetermined
City: London
Country: United Kingdom
Working Arrangements: hybrid
IR35 Status: inside IR35
Seniority Level: undetermined
Industry: Other
Insurance Director, Insurance Legal Entity Structuring, Strategy Risk & Transactions Advisory (6 – 12 Months, with the potential to go Permanent) Hybrid, on site in Central London 2 days per week Competitive Day Rate (Inside IR35 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
We wish to recruit high calibre, motivated and self-starting individuals with skills and experience in one or more of the following disciplines:
- 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
