Manager - Actuarial Advisory

At EY Hungary, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.

EY’s Global Actuarial Services practice, with over 2,000 actuarial professionals covering over 150 countries, ranks in the Top 3 actuarial services practices in the world.

In Europe we have over 650 actuarial professionals across 17 countries. In a unique structure, by partnering with other practices across EY and being part of one team, we aim to provide truly integrated services across all disciplines in Insurance, Risk and Financial Services.

The Opportunity

EY is looking for a Manager to join our Insurance and Actuarial Risk Management competency within Risk Consulting. The Budapest based team offers broad range of consultancy services dedicated to providing high-value and trusted advice to clients within the Financial Services industry, both in Hungary and abroad.

As a new member of our team, you will support clients on challenging and diverse projects such as financial risk measurement and management, improvement of financial risk processes, risk modelling and validation, or provision valuations. We also help our clients to monitor and to implement new approaches required by the latest insurance regulations, for example Solvency II, IFRS17, local GAAP or ESG.

What we look for

• Someone who is passionate about reaching their full potential and excelling in their career
• Someone with energy, enthusiasm and courage who enjoys solving complex problems and variety in their day-to-day working life
• Someone who enjoys working as part of a community which values integrity, respect, teaming, and inclusiveness

Your Key Responsibilities

• Contribute to actuarial advisory and audit assignments/client projects in Hungary and other CEE countries
• Audit support on Local GAAP and IFRS audit, both life and non-life segments
• Solvency II regulation support and review
• Actuarial and insurance advisory
• Mergers & Acquisitions, actuarial modelling, employee benefit valuations
• Manage, coach small teams of junior, senior actuarial and trainees as part of a larger project, including performance management
• Actuarial manager is involved in the successful delivery and management of actuarial and multidisciplinary projects, including both the relationship with clients and the performance of the internal EY team.
• The successful candidate will be expected to drive the production of client deliverables, with an emphasis on quality and teaming.
• Manager will be expected to adopt an account management mind-set, identifying client specific needs.

Skills and attributes for success

• Good writing and documentation skills, good organizational skills
• Strong communication skills and client-oriented approach
• Ability to work in a team effectively
• Self-motivation, proactiveness
• Analytical mindset

To qualify for the role you must have

• MSc in Actuarial sciences or relevant mathematical/financial studies
• At least 6 years of actuarial experience in the insurance/finance industry or advisory/audit
• Experience in Life and non-life insurance/reinsurance or non-life consultancy
• Outstanding knowledge of Microsoft Excel
• Experience in using actuarial and/or statistical software
• Knowledge in IFRS standards and/or Solvency II
• Knowledge of a programming language and/or algorithmic thinking is an advantage
• Fluent Hungarian and English knowledge is a must
• MAT membership, Big4 experience, or passing an international actuarial exam are advantageous

What’s in it for you

• Competitive salary and a personally tailored benefits package (fridge benefit, private health insurance, etc.)
• EY is committed to being an inclusive employer and we are happy to consider flexible working arrangements
• Dynamic and vibrant work atmosphere with frequent team-building activities and social gatherings
• Opportunity to cooperate with other consulting teams during different projects
• Exposure to a wide range of clients ensuring a varied workload
• Support, coaching and feedback from some of the most engaging colleagues around
• Continuous learning: It is important to EY to support your improvement so you’ll have the opportunity to choose your own learning path
• Diverse risk management advisory work within professional team that provides a unique opportunity for fast personal development and growth

If you can confidently demonstrate that you meet the criteria above, please apply for the position online.

Join us in building a better working world.