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Pricing/product development actuary - Financial Services

Location:  Diegem
Other locations:  Anywhere in Country
Salary: Competitive
Date:  04-May-2023

Job description

Requisition ID:  64881

EY is the only major professional services firm with a dedicated financial services practice (EY FSO) integrated in the EMEIA region. An international team of over 16.000 professionals is working across borders for our clients in the financial sector: Banking, Insurance, Payment Institutions and Wealth & Asset Management, in all service lines: Consulting, Tax, Transactions and Assurance. As we consider our people as the heart of EY, we hire and develop the most passionate people in their field to build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. So that, whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.

The Opportunity

In order to strengthen our Actuarial team, we are looking for actuaries with experience in pricing and/or product development.  
Indeed, evolving customer demands, new technologies, big data and new service models are more than ever pushing traditional financial services providers into uncharted territory, redefining the entire industry.  As actuarial consultants we help our clients in the insurance sector to navigate this fast changing world.  

Some examples of domains in which you will support our clients include the following:
•    Support insurers in developing new, transparent, personalized products (e.g. Pay As/How You Drive, Pay as You Live, cyber risk exposures, e-bikes and autonomous vehicles, etc.) by the use of dynamic and innovative pricing techniques
•    Implement pricing optimization via traditional or non-traditional actuarial techniques (i.e. usage of open data, Artificial Intelligence and Machine Learning techniques) if we have sufficient data to base ourselves upon … if datasets are really small, we also dare to revert to less complex approaches
•    Conduct profitability studies and support with portfolio rationalization exercises
•    Help our Insurance clients automate and enhance underwriting, via better risk selection.


Skills and Attributes for Success

•    You have a master in Actuarial Sciences, preferable complemented with relevant working experience.
•    You have a technical background and see the value in data and accuracy and spot insights where others see numbers.
•    You have strong skills in relevant programming languages (e.g. R, Python, SAS, …).
•    You have a critical and analytical mindset and people skills are one of your greatest assets.
•    You are fluent in proficient business English and fluent in Dutch/French.
•    You are adventurous and have  an entrepreneurial spirit
•    Have a can-do mentality
•    You love the challenge to connect with different people in an organization (from expert to C-suite)
•    You combine a passion for figures with recognizing the importance of a good team spirit
•    You are willing to help the team on other actuarial topics if extra hands are needed


What working at EY Offers

•    You will be part of a leading global professional services firm.
•    You will be part of the EY family where everyone is willing to offer support and senior management is very accessible. 
•    You will join a dynamic and growing team with a great mix of young and experienced professionals focusing on financial services.
•    You will get extensive trainings  on technical matters, as well as soft skills and project management, and you will have access to new technologies and innovative equipment.
•    We are proud of our flexible working arrangements, and we will support you to build a successful career and deliver excellent client service, without sacrificing your personal priorities. 
•    While our client-facing profession might require part-time working at client site and business traveling at times, we are committed to helping you achieve a lifestyle balance.

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