FS-Risk Consulting- Actuarial- Senior

Ernst & Young Advisory Services Sdn Bhd; Kolkata District; On-site; INR 9,00,000 - 12,00,000; Full time

Job summary

A global consulting firm is seeking a Senior in Life Actuarial to join their dynamic team in Kolkata. The role involves delivering high-quality actuarial solutions, training staff, and ensuring timely project completion. Candidates should have strong analytical skills, experience with actuarial software like Prophet, and a background in insurance regulations. This position offers excellent career development opportunities and requires a proactive approach.

Qualifications

• Experienced resource – preferably 3-6 years.
• Experience in actuarial reserving and assumption setting.

Responsibilities

• Deliver high quality results and impactful solutions.
• Provide solutions and training to staff members.
• Ensure all engagements are delivered within time.

Skills

Good analytical skills

Hands-on experience in actuarial valuation software Prophet

Strong experience on Excel

In-depth understanding of insurance products and regulations

English fluent in speaking

Education

Bachelor's degree in business, actuarial or finance

Preferred Actuarial Degree

Tools

Prophet

Excel

Job description

Overview

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, Life Actuarial, EY GDS Consulting

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 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.

Within our talented and dynamic Actuarial team, the members work on multiple client engagement teams that perform actuarial model building and validations, reserving (actuarial liability estimation), due diligence, premium calculation, valuation analysis for IFRS, GAAP, and Statutory calculations and review, capital/risk modeling and other related actuarial projects for General and Health insurance businesses. The team members also receive on-the-job training to acquire practical experience in addressing business/technical issues and in applying industry knowledge and EY policies/procedures on client engagements. The position is designed to enable the member to pursue actuarial exams while developing the basic skills needed to be a successful actuarial consultant, combining both excellent learning and career opportunities.

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

Your key responsibilities

• Responsible for delivering high quality results and generating effective and impactful solutions
• Provide focused solutions and training to Staff members
• Be responsible for ensuring all engagements are delivered within time
• Deliver engagements in line with our values and commitment to quality, consistently driving projects to completion and ensuring that work is of high standard
• We are looking for individuals 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

• Good analytical skills
• Ability to do investigations in models / reporting process and independently solve problems.
• Hands-on experience in actuarial valuation software Prophet will be added advantage.
• Advanced level experience in Prophet will be valuable
• Strong experience on Excel is must and experience on VBA would be good
• In-depth understanding of insurance products and regulations of US / EMEIA / APAC markets
• Willingness to learn and apply learning actively in project work
• Self-motivation and proactiveness in driving project
• Willingness to travel to meet and work with clients

To qualify for the role, you must have

• Experienced resource – preferably 3-6 years
• Experienced in the following topics: Actuarial reserving, Assumption setting

Ideally, you’ll also have

• Experience of working with Prophet, MG ALFA, GGY Axis, Moses, RAFM, etc.
• Knowledge of IFRS 17, US GAAP, Solvency II and other insurance regulations around the globe
• Preferred Actuarial Degree / Good exam progress
• Strong academic background with a bachelor’s degree ideally business, actuarial or finance related supplemented ideally with a professional qualification

What we look for

• English fluent in speaking
• Experience of leading/supporting teams to high quality timely delivery, actively building industry relationships and promoting a collaborative culture when working with colleagues

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.