Senior - Actuarial - Prophet Life

EY; Dadri; On-site; INR 1,800,000 - 3,200,000; Full time

Job summary

EY GDS Consulting in India seeks a Senior to join the Life Actuarial Managed Services team. You will develop and implement actuarial solutions within insurance services, work with senior staff and partners, and help build a high-performing team on large-scale engagements.

You will review work, adapt modeling setups for asset and liability cashflows, and leverage actuarial software such as Prophet, Axis or MG Alpha to deliver high-quality client solutions across geographies.

Qualifications

• 3–6 years of valuation/ reporting/ pricing or modelling in life actuarial teams.
• Good analytical skills and ability to investigate models.
• Proficiency in MS-Office; knowledge of Power BI, VBA and statistical tools is a plus.

Responsibilities

• Be part of a high-performing, supportive culture.
• Work with a team of collaborators, innovators and the brightest minds in the industry.

Skills

Excel

Analytical skills

Team leadership

Problem solving

Communication

Tools

Prophet

Axis

MG Alpha

VBA

Power BI

SAS

R Programming

Python

SQL

Job description

Job Summary

Senior, Managed Services, Life Actuarial, EY GDS Consulting

Role overview

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.

Responsibilities

• Be part of a high-performing, supportive culture
• Work with a team of collaborators, innovators and the brightest minds in the industry

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

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

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