Life - FS-Risk Consulting - Actuarial - Staff

Role name and description

Staff, Life 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 EY s 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!

We are looking for a Staff member to join our Life Insurance Actuarial Practice delivering solutions to the leading clients in Insurance Sector, working closely with other Staff/Assistants, Consultants/Seniors, Managers, Senior Managers or Client partners in EY s 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, reserving (actuarial liability estimation), due diligence, premium calculation, valuation analysis for IFRS, GAAP, and Statutory calculations and review, capital/risk modeling and other related actuarial projects for General and Health insurance businesses. The team members also receive on-the-job training to acquire practical experience in addressing business/technical issues and in applying industry knowledge and EY policies/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 Staff member within the Actuarial team your role involves developing and implementing solutions both within the Insurance service line and in collaboration with other services lines. You will be

• Responsible for delivering high quality results and generating effective and impactful solutions
• Be responsible for ensuring all engagement are delivered within time
• Deliver engagements in line with our values and commitment to quality, consistently driving projects to completion and ensuring that work is of high standard

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

• Good analytical skills
• Ability to do investigations in models / reporting process and independently solve problems.
• Hands-on experience in actuarial valuation software Prophet will be added advantage. Advanced level experience in Prophet will be valuable
• Strong experience on Excel is must and experience on VBA would be good
• In-depth understanding of insurance products and regulations of US / EMEIA / APAC markets
• Willingness to learn and apply learning actively in project work
• Self-motivation and proactiveness in driving project
• Willingness to travel to meet and work with clients

To qualify for the role, you must have

• Experienced resource - preferably 1-3 years
• Experienced in the following topics Actuarial reserving, Assumption setting, Modelling software

Ideally, you ll also have

• Experience of working with Prophet, MG ALFA, GGY Axis, Moses, RAFM, etc.
• Knowledge of IFRS 17, US GAAP, US Stat, Solvency II and other insurance regulations around the globe
• Preferred Actuarial Degree / Good exam progress
• Strong academic background with a bachelor s degree ideally business, actuarial or finance related supplemented ideally with a professional qualification

• Good communication skills
• English fluent in speaking
• Good English writing skills