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FS-Business Consulting-Life Actuarial-Manager

Location:  Noida
Other locations:  Anywhere in Country
Salary: Competitive
Date:  Jul 10, 2024

Job description

Requisition ID:  1501077

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. 

 

 

 

 

Manager, Life Actuarial, EY GDS Consulting

  • Lead a diverse, highly motivated and collaborative team
  • Be part of a high-performing, supportive culture
  • Work with a team of collaborators, innovators and the brightest minds in the industry

Global Delivery Services is one of EY's greatest global assets – a network of service delivery centers that provide high-quality services at a competitive cost for all EY’s client serving and enablement teams. Every day, we combine our subject matter expertise with our technology and automation skills to develop new solutions that deliver greater value for EY. If you have a passion for enabling world class actuarial services globally to solve the most complex challenges in the financial services industry, come join our dynamic GDS team!

 

The opportunity

We are looking for a Manager to join our Life Insurance Actuarial Practice delivering solutions to the leading clients in Insurance Sector, working closely with other Staff/Assistants, Consultants/Seniors, Managers, Senior Managers or Client partners in EY’s global network of insurance sector and consulting professionals.

 

You can expect to work along with senior managers/directors to support large scale engagements and deliver high-quality client solutions. You will develop and maintain long-term relationships and networks, build and energize a high performing team.

 

Within our talented and dynamic Actuarial team the members work on multiple client engagement teams that perform actuarial model building and validations, reserving (actuarial liability estimation), due diligence, premium calculation, valuation analysis for IFRS, GAAP, and Statutory calculations and review, capital/risk modeling and other related actuarial projects for General and Health insurance businesses. The team members also receive on-the-job training to acquire practical experience in addressing business/technical issues and in applying industry knowledge and EY policies/procedures on client engagements. The position is designed to enable the member to pursue actuarial exams while developing the basic skills needed to be a successful actuarial consultant, combining both excellent learning and career opportunities.

Our growing team of professionals come from a diverse background, all committed to being long term trusted advisors to our clients.

Your key responsibilities

As a Manager, you will:

  • Responsible for delivering high quality results and generating effective and impactful solutions
  • Provide focused solutions and training to Staff members
  • Be responsible for ensuring all engagements are delivered within time
  • Review work done by junior members, ensuring quality of work product during time sensitive deadlines
  • Deliver engagements in line with our values and commitment to quality, consistently driving projects to completion and ensuring that work is of high standard   

We are looking for individuals who have a proactive attitude and are seeking the opportunity for personal and professional growth, leveraging and supporting our global network.

 

Skills and attributes for success

  • Good analytical skills
  • Hands-on experience in actuarial valuation software Prophet will be added advantage. Advanced level experience in Prophet will be valuable
  • Strong experience on Excel is must and experience on VBA would be good
  • In-depth understanding of insurance products and regulations of EMEIA / APAC markets
  • Project management experience and ability to handle teams and multiple stakeholders
  • Ability to work in pressure situations
  • Self-motivation and proactiveness in driving project
  • Strong presentation and documentation skills
  • Willingness to travel to meet and work with clients

 

To qualify for the role, you must have

  • Experienced resource – preferably 6-12 years and Actuarial fellowship qualification
  • Experienced in the following topics: Actuarial reserving, Assumption setting, Modelling software

 

Ideally, you’ll also have

  • Experience of working with Prophet, MG ALFA, GGY Axis, Moses, RAFM, etc.
  • Knowledge of IFRS 17, US GAAP, Solvency II and other insurance regulations around the globe
  • Preferred Actuarial Degree (Fellowship)
  • Strong academic background with a bachelor’s degree ideally business, actuarial or finance related supplemented ideally with a professional qualification

What we look for

  • Good communication skills
  • English fluent in speaking
  • Good English writing skills
  • Experience of leading/supporting teams to high quality timely delivery, actively building industry relationships and promoting a collaborative culture when working with colleagues

 

 

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.  

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