FS - RC - Actuarial - US - MS - AXIS - Life - Senior

EY; Mumbai; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

EY Global Delivery Services in Mumbai seeks a Senior to join the Life Actuarial Managed Services practice, delivering actuarial solutions for leading insurance clients. You’ll work with senior staff to support large engagements, build relationships, and develop a high-performing team across EY’s global network.

You will handle modeling, valuation tasks, and collaborate with cross-functional teams while applying US/intl regulatory insights. Opportunity for growth within EY’s GDS network.

Qualifications

• 3-6 years of experience in valuation, reporting or pricing in life actuarial teams.
• Strong analytical skills and ability to meet deadlines.
• Proficiency in MS-Office, Power BI, VBA, SAS, R, Python and SQL.
• Ability to lead a small to moderate team and review junior work.

Responsibilities

• Develop and implement actuarial solutions within the Life Actuarial Managed Services.
• Support large scale engagements and deliver high-quality client solutions.
• Build and energize a high performing team and manage client relationships.
• Review modeling setups and incorporate asset/liability cashflows.

Skills

Actuarial software understanding

Excel macros

MS Office

Power BI

VBA

SAS

R Programming

Python

SQL

Team leadership

Tools

Prophet

Axis

MG Alpha

MS Excel macros

Power BI

SAS

R Programming

Python

SQL

Job description

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, Managed Services, Life Actuarial, EY GDS Consulting

• 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 Senior to join our Life Insurance Managed Services 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.

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

Key Requirements

As a Senior within the Actuarial managed services team your role involves developing and implementing solutions both within the Insurance service line and in collaboration with other services lines.

• Good understanding of US product lines and regulatory standards; hands‑on implementation experience (desirable)


• Experience of handling a small to moderate sized team will be an advantage


• Ability to review work done by junior members, ensuring quality of work product during time sensitive deadlines


• Ability to maneuver around existing modeling setup to incorporate the asset or liability cashflows


• Understanding of AoC concept and AoC steps (unwinding, roll forward, assumption changes, experience variances)


• Strong excel skills, capable of running and modifying macros used to transform Actuarial Cashflows


• Hands‑on experience in actuarial valuation software such as Prophet / Axis / MG Alpha. Advanced level experience in one of these softwares will be valuable


• Strong experience on Excel is must and experience on VBA would be good


• Good experience of preparing PPT decks


• In-depth understanding of insurance products and regulations of one or more geographies

iduals 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

Skills and attributes for a successful career at EY require a learning mindset and passion to add value to GDS, member firms and client organisations. Bright and enthusiastic individuals who give their all to each assignment they work on will find themselves at home within our energetic GDS actuarial team.

To qualify for the role, you must have

• 3-6 years of experience in valuation / reporting / pricing or modelling function in life actuarial team of an insurance / consulting / outsourcing company


• Good analytical skills


• Ability to do investigations in models / reporting process and independently solve problems


• Willingness to learn and apply learning actively in project work Proficiency in MS-Office Suite, Power BI, VBA, SAS, R Programming, Python, SQL, SPSS, etc., will be a plus

Ideally, you’ll also have

• Good actuarial exam progress


• Strong written and verbal communication skills for report writing, industry studies and stakeholder presentations


• The ability to build relationships with colleagues across the business, support them and promote a collaborative environment


• Overseas exposure (especially Australia/UK/US/Europe market experience)

What We Look For

• Up to date knowledge of the regulatory environment impacting insurers and other financial service organisations


• Experience of supporting teams to high quality timely delivery, actively building relationships and promoting a collaborative culture when working with colleagues

What We Offer

EY Global Delivery Services (GDS) is a dynamic and truly global delivery network. We work across six locations – Argentina, China, India, the Philippines, Poland and the UK – and with teams from all EY service lines, geographies and sectors, playing a vital role in the delivery of the EY growth strategy. From accountants to coders to advisory consultants, we offer a wide variety of fulfilling career opportunities that span all business disciplines. In GDS, you will collaborate with EY teams on exciting projects and work with well‑known brands from across the globe. We’ll introduce you to an ever‑expanding ecosystem of people, learning, skills and insights that will stay with you throughout your career.

• 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.

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.