Senior Actuarial Consultant - IFRS 17

EY; Dadri; On-site; INR 2,400,000 - 4,200,000; Full time

Job summary

EY GDS Consulting in India seeks a Senior Life Actuarial professional to deliver actuarial solutions across IFRS, GAAP, and statutory calculations for leading life insurance clients.

You will work with global teams on model building, reserving, capital modeling, and regulatory knowledge while pursuing actuarial exams and developing client-facing consulting skills.

Qualifications

• To qualify for the role, you must have 3–6 years of actuarial experience in reserving, assumption setting, and modelling.
• Experience with actuarial valuation software and insurance regulatory knowledge is preferred.
• Ability to lead/assist teams to high-quality, timely delivery and client collaboration.

Responsibilities

• Deliver high-quality actuarial solutions and insights to clients.
• Provide training and guidance to Staff members on models and processes.
• Ensure engagements are delivered on time and within scope.
• Collaborate with EY global teams on engagements and knowledge sharing.
• Travel to meet clients and support project delivery when needed.

Skills

Analytical skills

Model investigations

Proactive attitude

Team leadership support

Willingness to travel

Excel expertise

VBA knowledge

Prophet experience

Insurance knowledge

Education

Actuarial degree

Professional qualification progress

Tools

Prophet

MG ALFA

GGY Axis

Moses

RAFM

Job description

Job Summary

Senior, Life Actuarial, EY GDS Consulting

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.

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 engagement 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, Modelling software

Ideally, youll also have

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

What we look for

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