Senior Manager, Non-Life, Speciality/Retail ReservingActuarial

Ernst & Young; Camden Town; On-site; GBP 50,000 - 80,000; Full time

Job summary

A leading professional services firm in the UK is seeking an experienced actuarial professional to lead project delivery and management. The role involves developing client relationships, mentoring team members, and utilizing actuarial expertise to solve complex problems in the retail insurance sector. Ideal candidates will have a strong academic background, professional qualifications, and significant experience in managing actuarial teams and projects.

Qualifications

• Significant actuarial experience in either UK retail insurance or as a consultant.
• Strong academic track record and professional qualifications.
• Experience managing actuarial projects and leading teams.

Responsibilities

• Lead teams to manage the delivery of complex projects.
• Present insights to clients at executive levels.
• Develop client relationships and support team development.

Skills

Client management

Project management

Actuarial analysis

Risk assessment

Technical expertise

Coaching and mentoring

Education

Degree in a relevant field

Professional actuarial qualifications (IFoA or similar)

Job description

Responsibilities

• Lead teams to manage to completion the delivery and reporting of complex projects whilst providing insights to our clients and working with other EY teams.
• Present to clients at senior executive and board levels.
• Lead the development of meaningful propositions and thought leadership for clients around their biggest challenges in the market and support sales‑oriented client interaction.
• Assist in responding to varied client proposals.
• Develop strong relationships with your peers across other teams within EY and our clients.
• Working closely with colleagues you will create a positive learning culture, developing and supporting the team through effective supervising, coaching, and mentoring.
• Support and lead team operations to ensure team development; feedback, counselling, finance, recruitment, learning and development.

Skills and Attributes for Success

• Deep knowledge of the specialty and/or UK retail sector.
• Strong client management to lead the dialogue with client project sponsors and fully manage expectations of delivery, content, timescales, and cost.
• Manages clients' expectations in relation to deliverables.
• Risk averse – identifies risk on the assignment, involving Director/Partner appropriately in its resolution.
• Energy – dedication combined with a desire to collaborate, whilst making your presence felt within our collegiate team.
• Development of ideas – development of intellectual property to support sales‑oriented client interaction.
• Technical and Industry Expertise – understanding of the current market and regulatory environment and how this is affecting retail insurers and their operating model.
• People – develop people through supervising, coaching, and mentoring of staff.

Qualifications

• Significant actuarial experience in leading‑edge specialty (e.g. Lloyd's of London) or UK retail insurance (e.g. motor, household and/or other retail), gained through working for an insurer directly or a top tier consultancy or a specialist financial services consultancy.
• Strong academic record including a degree and professional actuarial qualifications (IFoA or similar, qualified).
• Deep experience covering at least two of the following areas: reserve reviews under different accounting bases for specialty/retail business; actuarial analysis to support audits; reserving process improvement; development or review of Solvency II technical provisions or IFRS 17 reserves; reserve risk or premium risk assessment using stochastic techniques; business planning linking reserving, pricing, claims and underwriting; review of Solvency II internal models.
• A track record of managing actuarial projects and team members, delivering or managing multiple tasks in parallel.
• Effective communicator and able to deal with outward‑facing client management on projects.
• Ability to support, coach and mentor more junior members of the team.
• Commercially savvy and able to collaboratively engage in discussions on future market trends and what this may mean for our clients.
• Problem solver; tailoring what you have learned from experience to design and implement solutions.