Senior Consultant, Non-Life, Actuarial

Ernst & Young Advisory Services Sdn Bhd; London; On-site; GBP 55,000 - 75,000; Full time

Job summary

A leading consultancy firm in London is looking for an experienced general insurance consultant to manage projects and enhance client relationships. Candidates should have a strong track record in General Insurance and relevant professional qualifications. This role emphasizes technical delivery and client engagement. A competitive remuneration package is offered, with support for flexible working arrangements.

Benefits

Flexible working options

Career development support

Comprehensive rewards package

Qualifications

• Track record in General Insurance, preferably with a provider or consultancy.
• Experience in independent reserve reviews for Property and Casualty classes.
• Strong academic background and full professional actuarial qualifications.

Responsibilities

• Assist in technical delivery for projects, owning at least one major workstream.
• Manage client expectations regarding delivery and timelines.
• Present to clients at senior executive levels.

Skills

General Insurance expertise

Strong communication skills

Analytical thinking

Team collaboration

Education

Full professional actuarial qualifications

Relevant degree

Job description

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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.

Our current hiring activity is on hold until after the Christmas period. We will be reviewing all applications in the New Year.

We are currently market leading within the London and Bermuda market engaged to perform a number of global Independent reserve reviews and reviews for over 50% of the Lloyd’s market.

We also have extensive coverage of the market in our capital modelling and Solvency II projects.

We are currently engaged in increasing our capacity in these areas. This is in response to the changing marketplace for our services. We are in a strong position to build on our existing client-base which varies by market sector, and by size.

These projects are demanding an increased level of classic consulting skills - more intensive client interaction, much wider than actuarial, and up to senior executive and board level.

The opportunity
This is an opportunity to become part of the EY general insurance success story in London and across Europe. The team have a strong reputation in the market for bringing bespoke offerings to our clients which recognise the uniqueness of our clients’ portfolios and needs.

We have capabilities broader than the conventional actuarial fields of deterministic reserving, pricing and modelling: we also operate as part of wider consultancy projects embracing strategy, risk management, analytics, stochastic reserving, economic capital, capital optimisation, Solvency II and other prudential regime changes globally.

We are at the forefront of these areas, with best in the class tools and knowledge, built up over several years of iteration. Our business model ensures that:

• We leverage the synergies of being part of broader European and global actuarial teams;
• We enjoy the advantages of being part of "Big 4 firm" multi-service-line offerings; and
• We combine audit, audit-related and non-audit projects with a global client reach.

This means that there are a wide range of opportunities to support your growthand develop your wider business knowledge, and to build internal and external relationships across disciplines and across borders.

Your key responsibilities

• Assist in the technical delivery and reporting for projects, taking ownership of at least one major workstream;
• Assist in the dialogue with client contacts and help to manage expectations of delivery, content, timescales and cost;
• Present, or assist senior management to present, to clients at senior executive and board levels;
• Contribute to projects as a topic / subject matter specialist (where appropriate);
• You will consistently 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.
• Assist in responding to client proposals.
• Working closely with colleagues, you will create a positive learning culture and coach and counsel junior team members and help them to develop and
• Play a role in team administration tasks - such as feedback, counselling, finance, recruitment, learning, etc.

To qualify for the role you must have

• Successful track record in General 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 full professional actuarial qualifications I,e. IFOA or similar
• Specifically you will have experience in atleast two of the following areas:
• Independent reserve reviews under different accounting bases for Property and Casualty classes of business with experience of the London and Bermuda market
• Reserving process improvement and development work
• Development or review of Solvency II technical provisions and associated processes
• Reserve risk assessment using stochastic techniques
• Links between reserve assessment, pricing, claims and underwriting
• The review of Solvency II internal models and associated processes
• Development of risk management frameworks under Solvency II

Ideally, you’ll also have

• Excellent communicator in range of situations both written and oral
• The ability to work with a variety of stakeholders at all levels
• A real desire to work as part of a team

What we are looking for

We are looking for candidates who are excited about helping Insurance companies improve the way they operate - whether this is through transformation of processes, underwriting and claims analysis, or through transactions and regulatory change.

You’ll thrive on being a numerate, rationale thinker with a passion for this field and have a very strong attention to detail.

Being a strong team player is important as well as someone who is happy to work flexibly on different clients and different engagements.

What we offer
We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY 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:

• Continuous learning:You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you:We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership:We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture:You’ll be embraced for who you are and empowered to use your voice to help others find theirs.

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.

Apply now.

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.

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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.

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