EY: Senior Consultant - Life Actuarial, London

EY; Greater London; Hybrid; GBP 70,000 - 100,000; Full time

Job summary

EY Life Actuarial is hiring a Senior Consultant to join our Life Actuarial practice. You will work on diverse client projects across UK and globally, delivering insights and scalable solutions for insurers, asset managers, and industry bodies.

You’ll contribute to traditional reporting and capital management work, drive thought leadership, and coach junior colleagues while collaborating with cross‑functional teams to turn ideas into client-ready propositions.

Qualifications

• Proven track record in life insurance through direct provider or top-tier consultancy.
• Qualified actuary, part-qualified or newly qualified with strong exam history.
• Experience running or contributing to a range of actuarial projects.

Responsibilities

• Deliver on key client projects across life actuarial topics.
• Create innovative, commercial insights and think strategically.
• Improve operational efficiency on projects and internal initiatives.
• Lead and coach junior team members and share knowledge.
• Collaborate across UK Life Actuarial and other geographies.

Skills

Strong technical skills

Mathematical ability

Communication skills

Project management

Attention to detail

Education

Actuarial degree or equivalent

Job description

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.

Senior Consultant, Life

EY Life Actuarial is hiring! Join our award-winning actuarial team and work with some of the strongest actuarial practitioners on a range of exciting client projects. Our client base is diverse. We work in the insurance sector with traditional insurers and reinsurers both in the UK and globally, with the Life Actuarial practice being a core component of our insurance sector service offering. More broadly we support clients such as asset managers, hedge funds, industry bodies and start-ups, to name a few, who interact with insurers or insurance business.

Our UK team is one of the largest of EY’s actuarial practices globally, regularly supporting other actuarial teams in different locations as well as service lines in the UK. The size of the practice and range of projects available gives our team members a diverse and challenging environment to continually develop and learn.

We want actuaries who are not just great technicians but brilliant consultants. Actuaries who can build networks, spot industry trends and solve industry problems.

The opportunity

We are looking for a high performing Senior Consultant to join our Life Actuarial practice. As a member of the team, you will be at the front and centre of delivering exciting client work and working with our internal teams to turn the latest ideas into client ready propositions.

The work we deliver is broad, and includes:

• Traditional reporting and audit support
• Mergers & acquisitions, both buy and sell side due diligence
• Capital management, including regulatory support such as Internal Model reviews/applications and strategic change, such as optimisation, Part VII transfers and independent expert support
• Transformation including accounting change and operational change
• Technology change including analytics, automation and GenAI
• Investment advisory, supporting both insurers and asset managers interfacing with insurers

This role can be based out of London, Bristol or Edinburgh.

Responsibilities, Qualifications, Certifications - External

Your key responsibilities

• You will assist in the delivery of key projects for our clients on a wide range of topics
• You will create innovative and commercial insights for clients, adapt methods and practices to fit operational teams and cultural needs, and contribute to thought leadership
• You will contribute to improving operational efficiency on projects and internal initiatives, consistently driving projects to completion making sure that the work delivered is best in class
• You will be expected to manage your time and be responsible for delivering to both clients and internal stakeholders, keeping a clear focus on anticipating and identifying risks, and escape issues as appropriate
• Working closely with colleagues, you will create a positive learning culture and coach and counsel junior team members and help them to develop
• You will contribute to the development of EY capabilities in technical areas and engage with clients regarding the application of these methodologies to their businesses
• You will collaborate with colleagues outside of UK Life Actuarial to deliver multi-disciplinary and cross-geographical work

Skills and attributes for success

• Strong technical / mathematical skills
• Good written and verbal communication skills
• Project management skills and ability to work independently, demonstrating initiative and commitment to delivery
• Very keen attention to detail

To qualify for the role you must have

• Successful track record in life insurance, gained through working for a provider directly or a top tier consultancy or a specialist financial services consultancy
• Strong academic record, including a degree and professional qualifications (specifically, either a part qualified or newly qualified actuary with a good actuarial exam record)
• Experience running or contributing to a range of projects

What working at EY offers

We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive rewards package includes support for flexible working and career development, and with MyReward you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. For actuarial students we also offer a comprehensive study support package, including study days, and financial support for the study materials and exam entry fees. Plus, we offer:

• Support, coaching and feedback from some of the most engaging colleagues around
• Opportunities to develop new skills and progress your career
• The freedom and flexibility to handle your role in a way that’s right for you

About EY

As a global leader in assurance, tax, advisory services, strategy and transaction, we’re using the finance products, expertise and systems we’ve developed to shape the future with confidence. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.

Please note: Prior to finalizing your application, you will be asked to provide personal information across several dimensions of diversity and inclusiveness. The information you provide is kept entirely confidential and will not be used to evaluate your candidacy. We collect this data to help us analyse our recruitment process holistically and implement actions that promote diversity and inclusiveness. While optional, we encourage you to provide this information to hold us accountable towards our goal of building a better working world. We ask because it matters!

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 territories.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.