Risk Consulting - Actuarial - Prophet-Life - Senior

EY; Chennai; On-site; INR 1,500,000 - 2,300,000; Full time

Job summary

EY is seeking a Senior Consultant in Life Actuarial for EY GDS. You will deliver actuarial solutions for large life insurers, use Prophet models and advanced analytics, and collaborate with global client teams to drive value.

Ideal candidates have 3–6 years of experience, strong English communication, and a proactive, growth-minded approach. Travel may be required to meet clients across regions.

Qualifications

• 3–6 years of experience in actuarial consulting or insurance domains.
• Experience in actuarial reserving, assumption setting, US GAAP/STAT, and FIS Prophet preferred.
• Strong analytical and modeling capabilities with attention to detail.

Responsibilities

• Deliver high-quality actuarial analyses and effective solutions for clients.
• Provide guidance and training to staff members.
• Ensure engagements are delivered on time and to a high standard.
• Leverage automation tools to enhance actuarial processes.

Skills

Analytical skills

Actuarial reserving

US GAAP

MS Excel

Generative AI

Education

Bachelor’s degree in actuarial science

Actuarial degree

Tools

FIS Prophet

Excel

VBA

Job description

Job Description:

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.

Role Name And Description - Life Actuarial (Senior),

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 to support EY’s client-serving and enablement teams worldwide.

Every day, we combine our subject matter expertise with advanced technology and automation capabilities to develop innovative solutions that deliver greater value to our clients. 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! We are looking for a Senior Consultant in our Business Consulting Practice within the Life Actuarial domain.

The opportunity

We are looking for Senior Consultants within the Life Actuarial team delivering actuarial solutions and working closely with Senior Manager or Client partners in EY’s global network of insurance sector and risk consulting professionals.

Our clients are large multinationals insurers, conglomerate groups and domestic life insurers within the Life insurance sector. The team delivers sustainable benefits to our clients by enhancing business decisions using improved and effective applications of core actuarial principles and methodologies within applicable standard practice.

Our growing team of professionals comes from diverse backgrounds, all committed to being long term trusted advisors to our clients

This role will offer exposure to diverse areas comprising assets and liabilities within life actuarial domain.

Your Key Responsibilities

• Responsible for delivering high-quality results and generating effective and impactful solutions


• Provide focused guidance and training to Staff members


• Be responsible for ensuring all engagements are delivered within agreed timelines


• Deliver engagements in line with our values and commitment to quality, consistently driving projects to completion and ensuring that work is of a 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 investigate issues within actuarial models and reporting processes.


• Hands-on experience in actuarial valuation and projections using FIS Prophet will be an added advantage.


• Strong understanding of Prophet model structure, data flows, checking frameworks, and control processes; ability to enhance and optimize existing Prophet models


• Advanced proficiency in MS Excel; working knowledge of VBA is a strong advantage


• Ability to leverage Generative AI and automation tools to enhance actuarial processes and deliverables.


• Willingness to learn and apply learning actively in project work


• High level of self-motivation and ownership in driving deliverables


• Willingness to travel to meet and work with clients

To qualify for the role, you must have

• Experienced resource – preferably 3-6 years


• Experience in one or more of the following areas: Actuarial reserving, Assumption setting, US GAAP / STAT, FIS Prophet

Ideally, you’ll also have

• Preferred Actuarial Degree


• A strong academic background with a bachelor’s degree in actuarial science, business, finance, or a related field


• Overseas exposure (especially US market experience)


• Understanding of Life/Annuity products under US GAAP/STAT regulations


• Knowledge of FIS Prophet/ Insurance Risk Suite End-to-End (DCS, PP, PE, PRD, IDR and PP APIs) preferred

What We Look For

• Good communication skills


• Fluency in spoken and written English


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

What 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.

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.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.