Actuarial Consultant Financial Services Transactions - Senior Manager

Senior Manager Financial Services Insurance and Actuarial Advisory Services Transactions Advisory NYC Chicago Charlotte Miami Boston Philadelphia Hartford

EY is a leader in serving the global financial services marketplace and the only professional services firm with a separate business unit dedicated to the financial services industry the Financial Services Organization (FSO). Our focused model and bold ambition have put us at the center of the events that continue to reshape and redefine our industry working side by side with a range of clients from our most venerable institutions to dynamic new entrants across Banking and Capital Markets Wealth and Asset Management Insurance and Real Estate Hospitality and Construction. Our purpose is to help build a financial services industry in which financial institutions are trusted and flourish and the global economy is healthy growing and secure. If you have a passion for rallying together to solve complex challenges then come join our dynamic FSO team!

The opportunity

Our actuarial advisers deliver creative and innovative thinking to highprofile Life Insurance companies worldwide supporting them in making confident financial judgements in support of their business goals. Here youll be an actuary right at the heart of that mission leading engagement teams working directly with clients mentoring and developing team members and building your personal brand as a leader in your field.

Your key responsibilities

Its all about providing the knowledge our clients need to execute strategies and resolve complex issues. Well look to you to lead client engagement teams in the Transactions area of our practice in a wide variety of projects including:

• Reinsurance strategy
• Offshore jurisdiction regulatory (including US Bermuda Cayman Islands and other jurisdictions)
• Reinsurance entity structuring
• Transaction pricing support
• Transaction asset/liability strategy and optimization
• Cedent / reinsurer target operating model
• Cedent / reinsurer managed services
• Reinsurance administration
• Financial reporting (US Bermuda Cayman and other jurisdictions)
• Mergers and Acquisitions

Skills and attributes for success

• Lead large scale client engagements. Consistently deliver quality client services. Drive highquality work products within expected timeframes and on budget. Monitor progress manage risk and ensure key stakeholders are kept informed about progress and expected outcomes. Manage expectations of client service delivery. Stay abreast of current business and industry trends relevant to the clients business.
• Effectively lead and motivate teams with diverse skills and backgrounds. Provide constructive onthejob feedback/coaching to team members. Foster an innovative and inclusive teamoriented work environment. Play an active role in counselling and mentoring junior consultants within the organization.
• Generate new business opportunities. Understand EY and its service lines and actively assess/present ways to serve clients. Develop and maintain longterm client relationships and networks. Develop relationships with team members across all EY practices to serve client needs.
• Demonstrate deep actuarial technical capabilities and professional knowledge. Demonstrate ability to quickly assimilate new knowledge. Possess in depth business acumen. Remain current on new regulations concerning Insurance industry.
• Demonstrate an understanding of complex actuarial concepts discuss complex issues with the engagement team and client management keep informed of professional standards and firm policies (e.g. Actuarial Standards of Practice) and effectively apply this knowledge to client situations.
• Maintain a reputation as an industry expert by writing articles taking a leadership role within industry groups and speaking at industry events.

To qualify for the role you must have

• Bachelors degree in Actuarial Science Mathematics Statistics and/or other related major.
• Minimum of 8 years experience working in an actuarialoriented position with 3 years of increased management responsibility.
• Fellowship in the Society of Actuaries
• Proficiency in the use of spreadsheets and familiarity with at least one actuarialrelated software including AXIS Prophet ALFA or MOSES
• Experience designing and executing on various onshore and offshore reinsurance strategies
• Experience pricing and structuring reinsurance arrangements
• Strong writing presentation conceptual analytical project management and interpersonal skills
• Excellent problemsolving and clientservice skills
• A proven ability to manage time while working on multiple often shifting projects and the confidence to work both collaboratively and independently under pressure
• Willingness and ability to travel to meet client needs.
• Proven people management skills ability to lead and manage a team.

Ideally youll also have

• Previous consulting experience
• Familiarity with US Bermuda and/or Cayman reinsurance market
• Proficiency with at least one actuarialrelated software including AXIS Prophet or ALFA.
• Proficiency with Python R or other programming and actuarial related software.
• Industry knowledge/network.

What we look for

Were most interested in intellectually curious actuaries with a clear passion for actuarial work. Youll also need to be a great communicator as well as flexible in the face of often rapidly changing projects.

• Continuous learning: Youll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: Well provide the tools and flexibility so you can make a meaningful impact your way.
• Transformative leadership: Well give you the insights coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: Youll be embraced for who you are and empowered to use your voice to help others find theirs.