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Non-life Actuarial Consultant - Graduate Recruitment (Hybrid)

Location:  Nicosia
Other locations:  Primary Location Only
Salary: Competitive
Date:  Jul 7, 2024

Job description

Requisition ID:  1504592

Non-life Actuarial Consultant – Graduate Recruitment

Nicosia, Cyprus


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, but also deploy, which may include projects covering analytics, business steering, capital optimisation, actuarial and finance transformation.
  • Assist clients operating in the local insurance market, but also the potential to work 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 however not essential. On the job training can be provided.
  • Be an excellent all-round communicator who is able to explain complex ideas clearly and confidently.

What working at EY offers


EY offers an attractive remuneration package for rewarding both personal and team performance. We are committed to be an inclusive employer and are happy to consider flexible working arrangements. In addition, but not limited to our benefits include:


  • 13th salary and yearly bonus

  • Provident Fund  

  • Private Medical and Life Insurance  

  • Flexible working arrangements (#LI-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)  


About EY 


EY | Building a better working world 


EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.  


Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform, and operate.  


Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today. 




If you can demonstrate that you meet the criteria above, please contact us as soon as possible.


The exceptional EY experience. It’s yours to build.


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