Manager, Life Actuarial

EY UK; City of Edinburgh; Hybrid; GBP 70,000 - 100,000; Full time

Benefits offered by this job

Flexible working

Career development

Rewards and recognition (MyReward)

Job summary

EY Life Actuarial in the UK is seeking a high performing Manager to lead Life actuarial client work and drive delivery across projects. You will manage engagements, liaise with clients and internal teams, and mentor junior colleagues to develop their skills.

Based in Edinburgh, London or Bristol, this role offers a dynamic consulting environment, exposure to regulatory and capital management topics, and a clear path to senior leadership within EY.

Qualifications

• Degree and Fellowship in Actuaries (FIA) or equivalent.
• Proven track record in life insurance actuarial consulting or advisory roles.
• Experience leading a project team and managing client engagements.

Responsibilities

• Deliver key projects for Life clients across valuation, capital, and risk topics.
• Lead and mentor junior team members and coordinate with senior stakeholders.
• Ensure timely delivery, manage budgets and project scope, and drive client value.

Skills

Actuarial expertise

Project management

Client liaison

Stakeholder management

Education

FIA or FIA equivalent

Tools

EY methodologies

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.

Manager, Life Actuarial

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 Manager 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. As a Manager, you will be in the critical and pivotal role of managing the projects, under supervision of the senior members of our team. This includes liaising with clients and the senior team members, managing the junior team, driving the delivery, and managing the operational metrics of the project.

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 enabled transformation and AI
• 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 manage the operational metrics on projects, including working through resourcing, budgeting and scoping with the senior team and clients
• 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
• A degree and Fellowship in the Institute and Faculty of Actuaries (FIA) or other internationally recognised professional actuarial association
• Experience managing a team and running a range of projects, including delivery and being responsible for the project management

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. 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.

Join us in shaping the future with confidence.

We are 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.