Deloitte
Assistant Director, Banking Strategy, Strategy & Business Design
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Join our market-leading Life and Pensions Strategy consulting team, recognised for deep sector expertise and trusted insight across the industry. This is a sector-specialist strategy role for someone who combines strong consulting skills with real understanding of the UK life and pensions market.
As an Associate Director, you will lead high-impact engagements with insurers, pension providers, and wealth firms; owning workstreams, shaping strategic recommendations, and building senior client relationships. You will operate at the intersection of strategy and execution, translating insight into commercially viable outcomes.
You will advise on:
- Growth, corporate and business unit strategy
- New product development and market entry analysis
- Commercial analysis, modelling and business case construction
- Strategic operating model design and transformation
- Strategy input into and mobilisation of complex transformation programmes
- Senior executive and Board level problem solving and facilitation
What sets us apart:
- End-to-end impact: we go beyond strategy design to shape and deliver transformation; working alongside clients through execution, not just recommendation.
- True cross-functional integration: seamless collaboration across Risk, Technology, Operations, Actuarial and M&A to deliver strategy grounded in real-world constraints and opportunities.
- Deep sector specialism: a focused Life & Pensions practice with credibility across insurers, platforms, and wealth propositions.
- AI-enabled strategy and delivery: we help clients identify where AI can create measurable value; from proposition design and customer journeys to operational efficiency, risk management and scalable transformation.
- Entrepreneurial platform: opportunity to shape propositions, build relationships, and contribute directly to growth.
- Build your brand: we invest in developing distinctive expertise, supporting you to grow a personal market profile while contributing to the continued growth of the practice.
Connect to your career at Deloitte
Deloitte drives progress. Using our vast range of expertise, we help our clients' become leaders wherever they choose to compete. To do this, we invest in outstanding people. We build teams of future thinkers, with diverse talents and backgrounds, and empower them all to reach for and achieve more.
What brings us all together at Deloitte?
It’s how we approach the thousands of decisions we make every day. How we behave, our beliefs and our attitudes. In other words: our values. Whatever we do, wherever we are in the world, we lead the way, serve with integrity, take care of each other, foster inclusion, and collaborate for measurable impact. These five shared values lead every decision we make and action we take, guiding us to deliver impact how and where it matters most.
Connect to your opportunity
As an Assistant Director, you will operate as a senior leader on engagements, trusted to own the problem, not just the workstream. You will be accountable for translating ambiguous, C-suite challenges into structured problems, leading teams to develop clear, commercially grounded answers.
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Rather than simply managing delivery, you will shape the direction of engagements in real time - balancing analytical rigour, client context, and pragmatic execution. You will act as a day-to-day strategic partner to senior clients, building credibility through insight, judgement, and pace.
Our work is often at the sharp end of industry change - supporting organisations navigating major regulatory, market and business model shifts. Engagements range from focused strategic sprints to multi-year transformations, giving you exposure to both front-end strategy and real delivery impact.
What you’ll do
- Own delivery: Lead engagements or critical workstreams end-to-end - from framing the question through to Board-ready recommendations
- Set the agenda: Shape hypotheses, steer analysis, and adapt direction as insights emerge
- Lead teams: Create clarity and pace for teams, coaching individuals to produce exceptional, insight-led outputs
- Be the trusted voice: Engage confidently with senior stakeholders, influencing decisions through clear, structured storytelling
- Drive quality: Act as a critical reviewer, ensuring outputs are sharp, commercial, and decision-ready
- Build the business: Contribute to origination, proposals, and thought leadership - playing a visible role in growing client relationships
- Strengthen the practice: Invest in developing people, capabilities, and a high-performance, inclusive team culture
- Stay ahead: Bring a strong point of view on market trends, regulatory change, AI-enabled disruption, and emerging opportunities in Life & Pensions
Connect to your skills and professional experience
To be successful in the role, candidates should bring strong strategic analysis skills, experience in management consulting or equivalent and a background in the life, pensions, investment or wealth sectors. As an Assistant Director, you must have:
- Proven direct experience in strategy consulting in the financial services sector with a consulting firm or in an in-house corporate strategy role.
- Proven track record of leading teams through complex engagements to successfully deliver strategic initiatives within an organisation.
- Strong ability to construct and evidence strategic arguments, with creativity in identifying evidence sources to support your positions.
- A deep understanding of the sector, including at least one of: pensions, savings, wealth or life insurance; and a continued desire to build a career in this area.
- A strong academic record, an undergraduate degree or equivalent.
- Ability to work independently and be a self-starter.
- Excellent written and verbal communication, including strong judgement in materials for senior stakeholders.
- Very strong time management skills to manage competing priorities, across client service, practice development, and business development responsibilities.
- Experience of working in a professional services client-driven environment, including proven track record of successfully managing the client engagement lifecycle
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We also encourage applicants who can demonstrate:
- Deep product or proposition expertise in a relevant area (e.g. workplace pensions, retail retirement, adviser distribution, wealth platforms or protection)
- Industry or sector-specific or equivalent qualifications
- An entrepreneurial spirit with experience in business development.
Connect to your business - Strategy, Risk & Transactions Advisory
In an ever-evolving world, there are no certainties in business. Our teams help clients to navigate risks, process major transactions and deliver transformational change that will future-proof their business. Join us to make a positive difference.
Strategy and Business Design
The experts in our teams in Strategy and Business Design are trusted advisors to CEOs and their wider organisations. Whether that’s launching a new arm of a business, anticipating new and emerging risks or collaborating with other teams, we work on a huge range of varied projects.
Personal independence
Regulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm. We are subject to a number of audit regulations, one of which requires that certain colleagues abide by specific personal independence constraints (e.g., in relation to any financial interests and employment relationships). This can mean that you and your "Immediate Family Members" are not permitted to hold certain financial interests (shares, funds, bonds etc.) with audit clients of the firm, and also prohibitions on certain employment relationships (e.g., you are not permitted to hold a secondary employment role with SEC audit clients of the firm whilst being employed by the firm). The recruitment team will provide further detail as you progress through the recruitment process or you can contact the Independence team upon request.
Connect with your colleagues
"Linking our work to the wider community has always been important for me, and with the breadth of internet regulation projects that Deloitte has to offer, it is easy to see the profound social impact that our work has on how we as individuals - as well as a society - will engage, act, and connect online." - Gabriella, Strategy, Risk & Transactions Advisory
Our hybrid working policy
You’ll be based in London with hybrid working.
At Deloitte we understand the importance of balancing your career alongside your home life. That’s why we’ll support you to work flexibly through our hybrid working policy. Depending on the requirements of your role, you’ll have the opportunity to work in your local office, virtual collaboration spaces, client sites and remotely. You’ll get the chance to meet face to face when needed, while you collaborate and learn from colleagues, share your experiences, and build the relationships that will fuel your career and prioritise your wellbeing. Please check with your recruiter for the specific working requirements that may apply for your role.
For a full job description, please visit our careers portal.
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