Actuarial Consultant (Non-life insurance) Graduate

At EY, we’re all in to shape your future with confidence.  

We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go.   

Join EY and help to build a better working world. 

The opportunity

We are looking for graduate students who are interested in pursuing a career in Actuarial to join our growing and aspiring EY non-life insurance actuarial team. We are more than just a conventional actuarial consultancy and enjoy the advantages of being part of "Big 4 firm" multi-service-line offerings. We operate in the local insurance market, as well as supporting the delivery of actuarial solutions of our broader European and Global actuarial network.

In this role, you will have the opportunity to:

• Work in the traditional actuarial areas, such as reserving, pricing and capital modelling, while also contributing in more diverse areas, such as projects covering analytics, business steering, capital optimisation, actuarial and finance transformation.
• Assist clients operating in the local insurance market, while also having opportunities to work for clients across borders, supporting a market leading actuarial team within the UK and European insurance markets. 

We have a strong reputation in the Cyprus insurance market for exceptional client service and for our bespoke offerings to solve our clients’ problems. You would be an integral part of building out the team and delivering on our growth strategy in the actuarial space.

Your key responsibilities

• Learn how to apply traditional actuarial approaches to reserving and capital modelling
• Assist in the technical delivery and reporting of projects by:
• processing and analysing data to identify trends and insights
• using latest technology and models to understand clients’ data and business
• applying verification and validation checks to your work to facilitate review by senior actuaries
• presenting your work internally to more senior members of the team
• facilitating regular communication with clients contacts
• drafting reports and other client deliverables
• You will be expected to assist on a wide range of projects, including but not limited to independent reserve and audit reviews, capital model validations, as well as non-actuarial-led projects for (re)insurance companies
• Assist in responding to client proposals and contribute to the development of tools to support sales-oriented client interaction

To qualify for the role you must:

• Have a strong academic record. A degree in Actuarial, Mathematics or other quantitative risk/finance degree is desirable but not essential.
• Strong analytical and problem-solving skills; tailoring what you have learnt from your experiences to date to different client problems to help identify and design a solution.
• Good knowledge of Microsoft Excel and an understanding and flair for technical coding (e.g. R, SQL, VBA, Python) would be advantageous, though not essential. Training can be provided on the job.
• Be an excellent all-round communicator who is able to explain complex ideas clearly and confidently.

What we offer you  

At EY, we’ll develop you with future-focused skills and equip you with world-class experiences. We’ll empower you in a flexible environment, and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams. Learn more. 

 In addition to a competitive salary, our benefits include but are not limited to: 
 

• 13th salary 

• Provident Fund 

• Private Medical and Life Insurance 

• Flexible working arrangements (hybrid work and flexible work schedule) 

• Friday afternoon off 

• EY Tech MBA and EY MSc in Business Analytics 

• EY Badges - digital learning certificates 

• Mobility programs (if interested to work abroad) 

• Paid Sick Leave 

• Paid Paternity Leave 

• Yearly wellbeing days off 

• Maternity, Wedding and New Baby Gifts 

• EY Employee Assistance Program (EAP) (counselling, legal and financial consultation services) 
   

Are you ready to shape your future with confidence? Apply today.  

To help create the best experience during the recruitment process, please describe any disability-related adjustments or accommodations you may need. 

About EY  

EY |  Building a better working world 

EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets. 

Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow. 

EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and teritorries.