Apply now »

Consulting - Actuarial Services - Senior Consultant/ Manager (Life Insurance) - Hong Kong

Location:  Hong Kong
Other locations:  Primary Location Only
Salary: Competitive
Date:  Mar 31, 2024

Job description

Requisition ID:  1324561

EY’s Global Actuarial Services practice, with over 2000 actuarial professionals in over 30 jurisdictions, ranks in the Top 3 actuarial services practices in the world. Our deep global knowledge comes from our work with insurance companies, banks, pension funds, private equity firms, sovereign funds and regulators to provide actuarial and insurance consulting services including the following fields of expertise:


  • Capital management, e.g., asset and liability management, Insurance Capital Standard (ICS), Solvency II, risk-based capital, economic capital
  • Enterprise risk management, e.g., risk appetite, risk identifications including key risk indicators, risk quantification and calibration, risk reporting, own risk and solvency assessment (ORSA)
  • Financial reporting, e.g., US GAAP, IFRS, Statutory valuation, market consistent embedded value, European embedded value, traditional embedded value, appraisal value
  • Insurance strategy consulting, e.g., merger and acquisition, new entry to an insurance market
  • Internal and external audits, e.g., SOX404, actuarial process and control review
  • Actuarial and finance transformation
  • Actuarial modeling
  • Distribution and claims consulting
  • Regulatory consulting


EY Asia-Pacific Actuarial and Insurance Consulting Team is one of the largest insurance services firms in Asia. We provide actuarial and risk management services to clients throughout Asia from its team of actuarial and risk professionals located in Hong Kong, Shanghai, Beijing, Shenzhen, Taiwan, Japan, Seoul, India, Singapore, Malaysia, Thailand, Indonesia, Sydney, Melbourne and New Zealand. This team is part of EY’s global insurance network and has close links with the firm’s practices in North America and Europe.

Being part of this team, you will be working with both local talents and global experts. We will support you with career-long training and coaching to develop your skills in actuarial and risk management.  Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.


Key Responsibilities:

Actuarial Manager – Life Insurance

  1. Add value to clients by highlighting and articulating the wider business implications of an actuarial project in one or more fields of expertise above
  2. Leverage knowledge or prior experience to evaluate alternative strategies and to develop, present and defend logical conclusions, recommendations and implementation strategies/plans
  3. Contribute to capability development and actuarial knowledge base through feeding back best practices and redefining tools and techniques as appropriate
  4. Apply actuarial knowledge and understanding of business issues to produce work products across all phases of a project
  5. Articulate logical steps to tackle new questions and challenges
  6. Coach and provide guidance to team members and review their work
  7. Develop and maintain effective relationships with client
  8. Identify needs and priorities of existing clients in order to expand consulting opportunities
  9. Articulate the business case for the value-added or benefits realized from a project
  10. Play a leading role in successful proposal activities


Senior Actuarial Associate / Actuarial Associate – Life Insurance

  1. Deliver work products for at least one phase of an actuarial project in one or more fields of expertise above
  2. Complete allocated tasks efficiently while demonstrating professional judgment in seeking assistance, discussing ideas and resolving issues
  3. Deliver work products to support the development of project proposals, business plan for a new service or product or a large account management strategy
  4. Understand and apply appropriate EY methods and tools (or recognized equivalent) in completing assignments
  5. Provide guidance to junior team members and review their work
  6. Perform data checks through the use of reconciliations, reasonableness checks and summaries.
  7. Follow up issues with clients
  8. Identify potential opportunities for EY to help client, and refer these to appropriate team members
  9. Apply knowledge to meet client needs
  10. Build relationships with colleagues outside primary area of expertise to gain perspective across Consulting



  1. University / College graduate with at least 2 and 5 years of insurance experience in an actuarial and/or risk-related role for Senior Associate and Manager respectively
  2. Candidates with less experience would be considered as Associate
  3. Good progress in actuarial professional examination for Senior Associate, attained or close to attaining Fellowship in actuarial professional examination for Manager
  4. Managerial experience is an advantage for Manager
  5. Good project management, communication and people skill
  6. Proficiency in MS Office
  7. Knowledge in insurance financial reporting basis, e.g., IFRS, local statutory basis, Solvency II, RBC, is preferred
  8. Proficiency in actuarial software, e.g., Prophet, AXIS, is an advantage
  9. Good command of spoken and written English
  10. Good command of spoken Mandarin and written Chinese is preferred


Make your mark. Apply Now. 


Apply now »