Senior Consultant Financial Risk Management (Non-Life)

EY; Amsterdam; On-site; EUR 85,000 - 110,000; Full time

Benefits offered by this job

Hybrid working

Laptop & phone

Internet allowance

29 vacation days

Mobility budget

Wellbeing platform OpenUp

Training & courses

Work abroad up to 20 days

Social & networking events

Job summary

EY is expanding its Dutch Non-Life Actuarial practice in Amsterdam. The Senior Consultant will combine actuarial expertise, audit exposure and model validation to serve insurers and financial institutions.

You will contribute to advisory projects, model validation engagements and regulatory topics, while building client relationships and expanding EY market solutions.

Qualifications

• At least 3 years of experience in Financial Services or advisory roles.
• Master’s degree in a quantitative field (Econometrics, Actuarial Science, Mathematics, Statistics, Data Science).
• Experience in non-life actuarial topics: claims reserving, IFRS 17, Solvency II, modelling.
• Experience supporting external audits of insurers and risk calculations.
• Proficiency in Python/R/SQL/Matlab or similar environments.

Responsibilities

• Deliver quantitative and actuarial analyses for non-life insurance projects.
• Establish relationships with client personnel and maintain high-quality services.
• Contribute to advisory engagements, model validation, and regulatory topics.
• Support business development and contribute to EY market solutions.

Skills

Actuarial analysis

Data analytics

Cross-functional teamwork

Communication of quantitative concepts

Education

Master’s degree in a quantitative field

Tools

Python

R

SQL

Matlab

VBA

Java

C++

.NET

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.

Confidence in your impact today | Freedom to build tomorrow

EY is expanding its market-leading Non-Life Actuarial practice and is looking for experienced professionals who want to make impact across the Dutch insurance market. As part of our Financial Risk Management team, you will combine actuarial expertise, audit exposure, model validation and strategic advisory work. A significant part of the role involves supporting external audits of insurers, where you will bring actuarial and quantitative expertise to the largest financial institutions in the market. At the same time, you will have opportunities to contribute to advisory projects, model validation engagements and broader risk management initiatives across the insurance sector. The variety of projects offers a dynamic and flexible role that not only enables you to deepen your specialist non-life expertise but also provides opportunities to broaden your perspective across actuarial, risk and regulatory topics.

Your new job | About your main responsibilities

The FRM team supports insurance companies, banks, pension funds, public sector organizations, and other financial institutions across a broad range of quantitative and risk-related topics. Activities include actuarial analyses, risk management, financial reporting, regulatory change, model development, validation, data analytics and wider advisory engagements. Within the actuarial practice, we see strong demand from non-life insurers on topics such as claims reserving, actuarial modelling, financial reporting, Solvency II, IFRS 17, model validation and insurance regulation. Our work spans both advisory engagements and audit-related services, allowing professionals to work on a diverse range of client challenges across the largest insures in the Dutch market. As the financial services industry continues to evolve, there is increasing focus on topics such as (Gen)AI, advanced analytics, and the integration of ESG considerations into actuarial and risk models. Through this evolution, EY offers you the opportunity to apply these capabilities in real client engagements while maintaining a strong foundation in core actuarial disciplines.

What we expect from you:

• Strong interest in developments in actuarial practice, non-life, financial regulation and emerging trends in data analytics, AI and technology.


• A proactive mindset with a strong commitment to continuous learning, professional development, and process improvement.


• Ability to work effectively across multidisciplinary teams and build trusted relationships with clients.


• Willingness to build and maintain a professional network, both locally and within EY's global organization.


• Ability to explain and present quantitative concepts, methodologies, and findings to both colleagues and clients in a clear and structured manner.


• Coaching junior team members and contributing to the development of new client propositions and market offerings.

Your new team | About your colleagues and the office

Our office in Amsterdam is located at the Zuidas: a bustling area where many companies are based. In our Cross Towers, as many as 1500 people are welcomed daily. For a breathtaking view of Amsterdam, head to the 22nd floor. Collaboration takes on a new meaning through the Wavespace. This high-tech environment brings together clients and colleagues virtually worldwide!

Your skills and strengths | About your unique contribution

As a Senior Consultant in the FRM team, your primary responsibilities will include delivering quantitative and actuarial analysis, while establishing relationships with client personnel at appropriate levels and consistently delivering quality client services. Other expectations may include:

• At least 3 years of experience in Financial Services, either as part of an institution; in an advisory or business consulting capacity to such organizations or in the regulation of such institution.

• Strong academic background including at least a Master’s degree in a quantitative study, e.g. Econometrics, Actuarial Science, Mathematics, Statistics, Data Science, or a related field.


• Experience in one or more non-life actuarial topics, such as claims reserving, actuarial modelling, financial reporting, Solvency II, IFRS 17, model validation and insurance regulation.


• Experience with or affinity for supporting external audits of (non-)life insurers, including the assessment of claims reserves, actuarial assumptions and IFRS17 and Solvency II-related calculations.

• Experience in any of the following software development environments: Python / R / VBA / Java / C++ / SQL / Matlab / .NET.


• Ability to drive business development and contribute to the growth of EY market solutions.

Your benefits | About your perks and work enjoyment

• A competitive salary that reflects your role and responsibilities, depending on experience and qualifications. Plus, a solid pension plan for the future. In addition to your salary, you’ll receive holiday allowance and an annual bonus (based on performance and development).


• You’ll receive a contract for 32-40 hours.


• A laptop and phone for both work and personal use, and a monthly internet allowance.


• 29 vacation days to recharge and unwind, plus the option to buy extra days.


• With the mobility budget, you decide how you travel. Choose a lease car, a discounted public transport subscription, or arrange transport easily via our app.


• At EY, we care about a healthy work-life balance. Hybrid working makes this easier. Whether you're working from the office, at a client, or from home, we’ll make sure you have a well-equipped home office.


• The opportunity to work up to 20 days per year from abroad.


• The option to swap 3 national holidays for non-national ones.


• You’ll have the space to grow both personally and professionally. Whether you want to deepen your expertise, develop your personality, or improve your leadership style, we offer a broad range of trainings and courses.


• Your well-being is our priority. We believe that when you feel good, you perform better. That’s why you’ll have access to the OpenUp wellbeing platform (including for your family). You can easily connect with psychologists and lifestyle experts within 36 hours and take part in wellbeing sessions.


• A strong focus on teaming and various internal networks where you can join all kinds of social activities. A positive work atmosphere and good collaboration with colleagues contribute to your overall happiness at work.

All this within an environment where our core values of integrity, inclusiveness, and respect are central. We think it’s important that you can be yourself and fully develop into the best version of yourself. Curious about all our benefits?

Ready to shape your future with us? | About your application process

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