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FSO Consulting - Actuarial Life - Senior Manager - Cayman Islands

Location:  Camana Bay
Other locations:  Primary Location Only
Salary: Competitive
Date:  Sep 22, 2024

Job description

Requisition ID:  1486007

At EY, 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. 

 

 

 

 

FSO BBC Consulting (Actuarial-Life) / Senior Manager / Cayman Islands

 

Join our Financial Services Office (FSO) and you will work with multi-disciplinary teams from around the world to deliver a global market perspective. Aligned to key industry groups including asset management and private equity, banking and capital markets, and insurance, we provide integrated assurance, consulting, strategy & transactions, and tax services to our clients. As a market segment of the FSO, the BBC includes the Bahamas, Bermuda, British Virgin Islands, and Cayman Islands. By joining the BBC, you will receive unmatched exposure and experience to our continuously growing portfolio of diverse FSO clients.

  

The opportunity

We are currently seeking a qualified candidate to be considered for the position of Actuarial Consulting Senior Manager (Life) in our Financial Services practice. Our Actuarial Consulting practice comprises two areas: Life/Health Insurance and Property/Casualty Insurance products and services. This exciting opportunity is in our Life practice in Bermuda and is a result of the continued growth in the Life insurance/reinsurance industry across the region. This position will involve working closely with other EY teams, particularly in the UK, Europe and US to deliver cross-border engagements to our clients. Here, you’ll be right at the heart of that mission, working directly with clients, mentoring and developing team members and building your personal brand as a leader in your field.

 

Your key responsibilities

It’s all about providing the knowledge our clients need to execute strategies and resolve complex issues. We’ll look to you to lead client engagement teams in the Life area of our practice, in a wide variety of areas including:

  • Financial Reporting
  • Risk Management
  • Actuarial Transformation®
  • Financial Modelling
  • Mergers and Acquisitions
  • Audit Support / Approved Actuary support
  • Capital optimisation
  • Investment advisory
  • New business start-up services
  • IFRS 17

 

Skills and attributes for success

  • Lead large scale client engagements. Consistently deliver quality client services. Drive high-quality work products within expected timeframes and on budget. Monitor progress, manage risk and ensure key stakeholders are kept informed about progress and expected outcomes. Manage expectations of client service delivery. Stay abreast of current business and industry trends relevant to the client's business. 
  • Effectively lead and motivate teams with diverse skills and backgrounds. Provide constructive on-the-job feedback/coaching to team members. Foster an innovative and inclusive team-oriented work environment. Play an active role in counselling and mentoring junior consultants within the organization. 
  • Generate new business opportunities. Understand EY and its service lines and actively assess/present ways to serve clients. Develop and maintain long-term client relationships and networks. Develop relationships with team members across all EY practices to serve client needs. 
  • Demonstrate deep actuarial technical capabilities and professional knowledge. Demonstrate ability to quickly assimilate new knowledge. Possess in depth business acumen. Remain current on new regulations concerning Insurance industry. 
  • Demonstrate an understanding of complex actuarial concepts, discuss complex issues with the engagement team and client management, keep informed of professional standards and firm policies (e.g., Actuarial Standards of Practice), and effectively apply this knowledge to client situations. 
  • Maintain a reputation as an industry expert by writing articles, taking a leadership role within industry groups and speaking at industry events.

 

To qualify for the role you must have

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, and/or other related major
  • Minimum of 8 years’ experience working in an actuarial-oriented position, with 3 years of increased management responsibility
  • Fellowship in the Society of Actuaries, Institute and Faculty of Actuaries, or other internationally recognized association
  • Proficiency in the use of spreadsheets and actuarial-related software/tools, including AXIS, Prophet, ALFA, MOSES, VBA, C++ or other actuarial related software
  • A proven ability to manage time while working on multiple, often shifting, projects, and the confidence to work both collaboratively and independently under pressure
  • Excellent analytical and project management skills, along with a creative approach to overcoming challenges
  • Excellent communication skills, including the ability to understand and persuade on complex subjects both in writing and verbally

 

Ideally, you’ll also have

  • Prior consulting experience with some business development, sales and account management skills
  • Ability to deliver proposals and contribute to strategic discussions at the senior management level
  • Willingness and ability to travel to meet client needs
  • Some managerial experience including leading teams across different projects

 

What we look for
We’re most interested in intellectually curious actuaries with a clear passion for actuarial work. You’ll also need to be a great communicator, as well as flexible in the face of often rapidly changing projects.  

 

What we offer

We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package includes medical, dental and vision coverage, competitive pension plan, generous vacation and leave entitlement(s), and a range of programs and benefits designed to support your physical, financial and social well-being. Plus, we offer:

 

  • Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
  • Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
  • Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
  • Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.

 

 

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