FS-Risk Consulting- Actuarial- Senior
FS-Risk Consulting- Actuarial- Senior
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Job Description
At EY were all in to shape your future with confidence.
Well help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go.
Join EY and help to build a better working world.
Role name and description
Senior Consultant Investments Actuarial EY GDS Consulting
Global Delivery Services is one of EYs greatest global assets a network of service delivery centers that provide high-quality services at a competitive cost for all EYs client serving and enablement teams. Every day we combine our subject matter expertise with our technology and automation skills to develop new solutions that deliver greater value for EY. If you have a passion for enabling world class actuarial services globally to solve the most complex challenges in the financial services industry come join our dynamic GDS team!
The opportunity
We are looking for a Senior Consultant to join our Investments Actuarial Practice delivering solutions to leading insurers and asset managers working closely with staffs senior consultants managers senior managers and client partners in EYs global network of insurance sector and consulting professionals.
Within our talented and dynamic Actuarial team the members work on multiple client engagement teams that perform actuarial model building and validations work in areas such as actuarial investment consulting modeling assets to back insurance or pensions liabilities estimate regulatory capital among other areas. The team members also receive on-the-job training to acquire practical experience in addressing business and technical issues along with applying industry knowledge and EY policies and procedures on client engagements. The position is designed to enable the member to pursue actuarial exams while developing the basic skills needed to be a successful actuarial consultant combining both excellent learning and career opportunities.
Our growing team of professionals come from a diverse background all committed to being long term trusted advisors to our clients.
Your key responsibilities
As a Senior Consultant within the Actuarial Investments team your role involves developing and implementing solutions both within the insurance service line and in collaboration with other services lines.
On engagements you will:
- Calculate the overall Solvency Capital Requirement (SCR) for an asset portfolio and individual risk charges under regulations such as Solvency II and Risk Based Capital 2.
- Develop new models and tailor existing models for performing valuations of non-traditional / illiquid assets.
- Perform eligibility analysis for infrastructure investments under Solvency II.
- Perform extensive market research to evaluate capital implications for different investment strategies.
- Perform experience studies on valuation methodology and assumptions.
- Develop solutions for sustainable finance and climate change risk modelling.
- Develop tools for various purposes such as SCR calculation matching adjustment valuation of assets.
- Be responsible for providing high quality results and generating effective solutions working along with seniors managers and senior managers in delivering the project.
- Manage priorities communicate with clients and stakeholders and maintain/develop productive working relationships with stakeholders and other team members.
Within the actuarial practice you will:
- Ensure that all statutory and company regulations are followed while processing work to protect clients and the business interests.
- Contribute ideas and suggestions for improvements to processes.
- Train and share knowledge with colleagues.
- Make steady progress with appropriate professional examinations as agreed with line manager and with the support of the company.
- Stay informed of current business and economic developments relevant to the industry and geography
- Document and communicate steps and processes used to arrive at the results and maintaining a high quality of deliverables.
- Investigate models and reporting processes and independently solve problems.
- Perform cleaning processing working with large data sets identifying inconsistencies in the data and preparing it for valuation process.
- Carry out all other reasonable requests and objectives to an acceptable standard within agreed timescales.
- We are looking for individuals who have a proactive attitude and are seeking the opportunity for personal and professional growth leveraging and supporting our global network.
Skills and attributes for success
Skills and attributes for a successful career at EY require a learning mindset and passion to add value to GDS member firms and client organizations. Bright and enthusiastic individuals who give their all to each assignment they work on will find themselves at home within our energetic GDS actuarial team.
To qualify for the role you must have
- 3-5 years of experience in Life Insurance or Investments
- Basic knowledge of Solvency II Risk Based Capital 2 market risk product cash flows valuations and modelling.
- Life actuarial valuation modelling experience analysis or reporting experience
- Understanding of traditional and illiquid asset classes such as Equity Release Mortgages Derivatives etc.
- (Desirable) Modelling experience on any of the following: Excel VBA R Python
- (Good to have) Basic knowledge of Environmental Social and Governance investments and sustainable finance.
What we look for
- Life actuarial / investments / related background
- Deep knowledge and experience of the insurance industry and/or consulting.
- Up to date knowledge of the regulatory environment impacting insurers and other financial service organizations.
- Experience of supporting teams to ensure high quality and timely delivery actively building relationships and promoting a collaborative culture when working with colleagues.
- Strong academic background with a bachelors degree with an emphasis on actuarial science mathematics statistics or finance related discipline.
- Strong written and verbal communication skills for report writing and stakeholder presentations.
What we offer
EY Global Delivery Services (GDS) is a dynamic and truly global delivery network. We work across six locations Argentina China India the Philippines Poland and the UK and with teams from all EY service lines geographies and sectors playing a vital role in the delivery of the EY growth strategy. From accountants to coders to advisory consultants we offer a wide variety of fulfilling career opportunities that span all business GDS you will collaborate with EY teams on exciting projects and work with well-known brands from across the globe. Well introduce you to an ever-expanding ecosystem of people learning skills and insights that will stay with you throughout your career.
- 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.
EY Building a better working world
EY is building a better working world by creating new value for clients people society and the planet while building trust in capital markets.
Enabled by data AI and advanced technology EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.
EY teams work across a full spectrum of services in assurance consulting tax strategy and transactions. Fueled by sector insights a globally connected multi-disciplinary network and diverse ecosystem partners EY teams can provide services in more than 150 countries and territories.
Employment Type
Full Time
