Tags: Actuarial, Solvency II
Role Title: Senior Consultant – Life Insurance Actuarial
Employer: Leading Global Consultancy
Required Experience: 12+ Years
Location: Colombo, Sri Lanka
Date published: 11 March 2026
A leading global actuarial and consulting client is seeking a dynamic Senior Consultant to lead its life insurance practice in Colombo, Sri Lanka. In this role, you will drive growth and excellence while mentoring the next generation of actuarial talent. Furthermore, you will contribute to strategic initiatives and work on diverse projects for a global client base. Consequently, this is a unique opportunity to shape the direction of a growing local practice within a world-class organization.
The Senior Consultant must demonstrate strong technical knowledge in areas such as statutory valuation, solvency capital, and pricing. Additionally, you will lead business development and networking initiatives to build strong global relationships. Therefore, the client is looking for a Fellow Actuary with significant leadership experience and a passion for team development. If you are ready to manage multiple projects in a vibrant environment, this role offers significant potential for career advancement.
Key Responsibilities
- Lead, mentor, and develop the local actuarial team while fostering a culture of excellence.
- Shape the strategy and direction of the local life insurance consulting practice effectively.
- Apply strong technical knowledge in statutory valuation, solvency capital, and ALM.
- Deliver a wide range of actuarial projects while collaborating with consultants globally.
- Drive business development and networking initiatives to expand the local client base.
- Build and maintain strong relationships with clients and consultants across the globe.
- Prepare project proposals, manage client relationships, and oversee billing processes.
- Attract and recruit top actuarial talent to strengthen the local consulting team.
Ideal Candidate Profile
Education and Experience
- Fellow Actuary with a minimum of 12 years of experience in the life insurance sector.
- Significant exposure to working on actuarial projects for overseas life insurers.
- Proven leadership skills with a deep passion for mentoring and team development.
Skills and Abilities
- Expertise in actuarial modelling with a commitment to quality and innovation.
- Demonstrated ability to manage multiple projects and meet critical deadlines successfully.
- Excellent communication skills and the ability to build strong client relationships.
- Experience in business development and a dedication to rigorous quality standards.
- Willingness to be based in Colombo, Sri Lanka, for at least two years.
What the Client Offers
- The opportunity to lead and shape a talented, growing actuarial team in Sri Lanka.
- Direct collaboration with top-tier actuaries and high-profile international clients.
- A supportive, dynamic, and multicultural work environment with professional growth potential.
- The chance to experience the hospitality, vibrancy, and natural beauty of Sri Lanka.
If you are a passionate actuary ready to lead high-impact consulting projects in a tropical environment, we encourage you to apply for this Senior Consultant position today!