Actuarial GI - UK Market

Please find below the Job Description for your reference.

COMPANY NAME

Ernst & Young Actuarial Services LLP

ROLE/PRIMARY (KRAs)

• The Incumbent will be responsible for executing projects in the Actuarial space
• We are looking for Actuaries with experience in the UK insurance market. The job grade of the successful candidates for this role will depend on their respective qualities and experience. The typical responsibilities of the role include
• Play a proactive role within a multi-disciplinary EY team in supporting the various client engagements which may span across
• Reserving,
• Product development and pricing
• Statutory reporting,
• Solvency assessment,
• Ifrs17 implementation
• Business planning.
• Build appropriate Excel model for the above-mentioned projects allowing for client product features and relevant regulations.
• Lend support on strands of research and Specialisms work (e.g. solvency II updates, ifrs17) work aimed at providing key insights to help our clients / consultants
• Develop cutting edge proposals for winning new and different clients /engagements
• Work closely with the team to develop consistent standards and best practice.
• Sharing knowledge in a timely and effective way by submitting regularly to the knowledge database
• Contribute to wider opportunities within EY and to raising its profile externally

e.g. taking an active role in writing articles for The Actuary

Which Essential & Desirable skills are required?

Essential Technical Skills

• Develop and maintain deep technical knowledge in Excel modelling skills
• Present internally and externally on areas of technical specialist knowledge
• Develop reports and presentations for the client

Good technical understanding

• Reserving techniques
• Pricing and product filing
• Business planning and capital modeling
• IFRS 17 implementation

People Skills:

• Proven communication and interpersonal skills, including the ability to put across complex technical issues and solutions to non-actuaries.
• Good team player

Behavioral:

• Proven ability to balance priorities and manage many competing demands to agreed deadlines and to the required level of quality.
• Ability to give/receive constructive feedback
• Self-motivated, uses own initiative and is outcome-focused.
• Dealing constructively with uncertainty and ambiguity.

Desirable

• Good working knowledge of the relevant actuarial concepts and methodologies
• Working knowledge of tools like R, Python, SAS, SQL etc.
• Knowledge of the latest accounting standard (IFRS17) which is being implemented across various geographies across the world.
• Confidence in speaking and expressing views through a variety of platforms like publications (internal/external), seminars etc.