Life - FS-Risk Consulting - Actuarial - Staff

1 - 3 years

15 - 20 Lacs

Posted:4 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

 The opportunity 
  • 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 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, 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 topicsActuarial reserving, Assumption setting, Modelling software
  •  Ideally, youll 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 bachelors degree ideally business, actuarial or finance related supplemented ideally with a professional qualification
  •  What we look for 
  • Good communication skills
  • English fluent in speaking
  • Good English writing skills
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    Professional Services

    London

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