Assistant Director - Insurance (PV11 / Legal Entity Structuring)
Posted 1 week ago by Deloitte
Negotiable
Inside
Hybrid
London Area, United Kingdom
Summary: The Assistant Director - Insurance role focuses on legal entity structuring within Deloitte’s Strategy, Risk & Transactions Advisory Practice, specifically for insurance regulation. The position involves managing the design and implementation of insurers’ target legal entity structures, ensuring compliance with regulatory requirements. Candidates should possess experience in regulatory licenses, corporate reorganizations, and program leadership within the insurance sector. The role requires a hybrid working arrangement with on-site presence in Central London two days a week.
Key Responsibilities:
- Support firms in merging and setting up new insurance carriers and branches in the UK and Europe.
- Draft regulatory business plans and develop target operating models for Day 1 readiness.
- Align insurers’ legal entity structures with strategic objectives to enhance efficiency and governance.
- Lead end-to-end programme management to implement target state structures across multiple jurisdictions.
- Coordinate with subject matter experts and project teams to ensure successful execution.
Key Skills:
- Experience in achieving regulatory licenses and permissions for insurance firms.
- Knowledge of corporate reorganizations in the insurance sector.
- Involvement in mergers and acquisitions from a regulatory perspective.
- Strong programme leadership and 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
Assistant Director - Insurance (PV11 / Legal Entity Structuring) 6 – 12 Months 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
- Experience of PV11 transfers
- 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